Citing the growing threat of the novel coronavirus to its "various stakeholders," Xerox (NYSE: XRX) indicated today that it is putting its hostile takeover attempt of rival computer and printer maker HP Inc. (NYSE: HPQ) on the back burner for the time being.
The Dow finished an ugly week on a high note, as Wall Street recouped some of the historic losses it suffered in the last five days. The blue-chip index posted its best percentage gain since October 2008, adding huge last-minute gains after a news conference from President D
Activision Blizzard (NASDAQ: ATVI) is back on top of the sales charts. The owner of hit video game franchises such as World of Warcraft and Candy Crush led all video game developers for sales in February, according to the NPD Group.
According to one report from market research firm IDC, Apple (NASDAQ: AAPL) continued to lead the global wearables segment with a share of 36.5%. The company reportedly drove sales with a refreshed line up of AirPods including the AirPods Pro, shipping a total 43.4 million wear
Drugstore chain operator Walgreens Boots Alliance Inc said on Friday it would dedicate temporary spaces in some locations such as parking lots outside its stores to test for the coronavirus.
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At New York Mortgage Trust Inc (Symbol: NYMT), 3 different insiders purchased 67,100 shares at a
I wondered what skills graduating students need today to be successful in twenty years. They are probably going to work with machines in ways that are unknown to many of today’s portfolio managers
What happened
Shares of Disney (NYSE: DIS) were bouncing back today alongside a broader recovery in the market. The news came even as the company announced last night that it would temporarily close Disneyland, Walt Disney World, and Disneyland Paris, and shut down its cruise
If you're the owner of a small, independent, casual-dining restaurant, the looming possibility of diners quarantined in their homes due to COVID-19 is a frightening proposition. But on March 13, third-party delivery service Grubhub (NYSE: GRUB) provided a glimmer of hope. It ann
Both Amazon.com (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) are under investigation by Italian antitrust regulators after prices for products like hand sanitizer and disinfectant skyrocketed on their e-commerce sites as the coronavirus outbreak intensified.
(RTTNews) - Treasuries extended the sharp pullback seen over the past few sessions on Friday, pushing the yield on the benchmark ten-year note back toward 1 percent.
Wall Street clawed back some losses on Friday after its biggest one-day decline in three decades, as investors set their hopes on more global fiscal stimulus to stem a coronavirus-driven global recession.
Brilliant Acquisition, a blank check company targeting an Asia Pacific business, filed on Friday with the SEC to raise up to $40 million in an initial public offering.
The Shanghai, China-based company plans to raise $40 million by offering 4 million units at a price o
What happened
Shares of Texas Roadhouse (NASDAQ: TXRH) climbed more than 10% on Friday, reversing declines from previous days. Restaurants are sure to get clobbered by the COVID-19 coronavirus outbreak, but with Texas Roadhouse shares down more than 37% since Feb. 23, perhaps t