Moody's Investors Service on Friday downgraded outlook on France's ratings to stable from positive, citing insufficient measures to manage a sustainable and clear downward trend in the country's public debt ratio.
Preclinical biotech Passage Bio (PASG) is the only IPO set to price in the coming week.
Passage Bio plans to raise $126 million by offering 7.4 million shares at a price range of $16 to $18. At the midpoint, Passage Bio would command a market cap of $713 million. The Pennsylvani
More than a year after Altria (NYSE: MO) invested $12.8 billion in electronic cigarette maker Juul Labs in exchange for a 35% stake, the SEC has launched an investigation into the transaction, according to The Wall Street Journal.
Investment manager Donald Netter, who has battled First Trust High Income Long/Short Fund (FSD) for years, is urging shareholders to fire the investment adviser at this year's annual meeting, saying its returns are too low and fees too high.
Would you like to monitor what cannabis is selling for in Canada? Well, for a price, Nasdaq Stock Market (NASDAQ: NDAQ) can now help you do just that. Cannabis Benchmarks, a unit of a privately held company called New Leaf Data Services, announced Friday morning that its three i
Bundesliga pacesetters Bayern Munich twice squandered the lead and needed an 88th minute winner from Robert Lewandowski to beat bottom club Paderborn 3-2 in a thrilling game on Friday.
Shares of IT consulting specialist Globant (NYSE: GLOB) raced higher by 5% in Friday afternoon trading following the release of the company's fourth-quarter 2019 earnings report. Globant has enjoyed a stellar ascent in the markets recently as its stock has appreciated 94% over t
The coronavirus outbreak is showing no signs of dying down. In fact, the number of new cases being reported from outside mainland China has started to increase. South Korea and Japan have confirmed a spike in the number of confirmed coronavirus cases. Globally, the Covid-19 has
In trading on Friday, shares of Altair Engineering Inc (Symbol: ALTR) crossed below their 200 day moving average of $36.26, changing hands as low as $36.00 per share. Altair Engineering Inc shares are currently trading off about 3.9% on the day. The chart below shows the one
In trading on Friday, shares of Workday Inc (Symbol: WDAY) crossed below their 200 day moving average of $185.58, changing hands as low as $182.76 per share. Workday Inc shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of
U.S. stocks sold off and the Nasdaq had its worst daily percentage decline in about three weeks on Friday as a spike in new coronavirus cases and data showing a stall in U.S. business activity in February fueled investors' fears about economic growth.
The Food and Drug Administration is asking one of its panels of outside experts to help it make a decision about GlaxoSmithKline's (NYSE: GSK) request to add data to the label of Trelegy Ellipta, its chronic obstructive pulmonary disease (COPD) drug. The pulmonary-allergy drugs
Private equity firm New Mountain Capital LLC is exploring a sale of OneDigital, which could value the U.S. employee benefits and insurance broker at more than $2 billion, including debt, people familiar with the matter said on Friday.
The Dow stumbled into the weekend with an 227-point loss. The blue-chip index breached the 29,000 level amid resurfacing coronavirus fears, after over 800 new cases were reported overnight in China. The S&P 500 and tech-rich Nasdaq also finished sharply lower, with FAANG s
Verizon Communications Inc has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday.
What happened
Shares of Zix (NASDAQ: ZIXI) gained as much as 16.2% on Friday. The email security specialist published its fourth-quarter earnings report, edging out Wall Street's estimates.