GenCanna Global USA Inc., a leading hemp producer in Kentucky, has filed for Chapter 11 bankruptcy protection as the company has run into liquidity issues. GenCanna is looking to reorganize its business in order to help refinance debt or to sell the business.
A U.S. House panel on Tuesday heard from advocates of imposing stricter safeguards for self-driving cars as part of any effort to speed the adoption of the vehicles on U.S. roads.
(RTTNews) - The South Korea stock market on Tuesday snapped the two-day slide in which it had stumbled more than 25 points or 1.1 percent. The KOSPI now rests just above the 2,220-point plateau and it may tick higher again on Wednesday.
Azure Power (AZRE) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
Acco Brands (ACCO) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
Franklin Street Properties (FSP) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
(RTTNews) - Amcor plc (AMCR) Tuesday reported second-quarter net income of $139 million or $0.12 per share, down from $186 million or $0.11 per share last year.
Akamai Technologies on Tuesday beat quarterly estimates for revenue and profit, driven by strong demand for its cloud security services and growth in its traditional business of speeding up media content delivery through the web.
(RTTNews) - Healthcare Services Group, Inc. (HCSG) reported fourth-quarter net income per share of $0.25 compared to $0.42, prior year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.25, for the quarter. Analysts' estima
Johnson & Johnson said on Tuesday it was working with the Biomedical Advanced Research and Development Authority (BARDA) to speed up development of a coronavirus vaccine. [nPnbMwyXxa]
U.S. Senate Majority Leader Mitch McConnell said on Tuesday he did not know whether lawmakers would be able to resolve divisions over lowering prescription drug prices, a priority raised by President Donald Trump in his State of the Union address last week.
Coronavirus lingered quietly, Fed Chair Jerome Powell said he has the U.S. economy’s back, and the FTC announced a fishing expedition into the small deals made by big tech companies.
Shares of Roku (NASDAQ: ROKU), the maker of the world's leading streaming-TV platform, are rising on Tuesday, ahead of the company's earnings tomorrow. As of 1:10 p.m. EST, the stock was up nearly 3%.
(RTTNews) - UDR, Inc. (UDR) said, for the full-year 2020, the company expects net income per share in a range of $0.12 to $0.16. Revenue growth is projected in a range of 2.70% to 3.70%; and net operating income growth is estimated in the range of 2.90% to 3.90%.
Australian biotech company CSL Ltd posted an 8% rise in first-half earnings on Wednesday and raised its full-year profit forecast as it benefits from a move to distribute its own products in China.
Insurance Australia Group posted a drop of more than 43% in first-half profit on Wednesday and cut its full-year insurance margin for the second time in three weeks, hurt by rising claims from bushfires and hailstorms across the country.
(RTTNews) - Assurant, Inc. (AIZ) said, for 2020, the company expects net operating income per share, excluding catastrophe losses, to increase 10 percent to 14 percent. The company said this will be driven by profitable growth across all business segments, as well as share repur
(RTTNews) - Diodes Inc. (DIOD) Tuesday reported fourth-quarter profit of $47.2 million or $0.90 per share, up from $29.5 million or $0.58 per share last year.