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Citing Coronavirus, Xerox Suspends Pursuit of HP

6 years 6 months ago
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 Motley Fool

Dow Sprints to Finish Line, Logs Best Day Since 2008

6 years 6 months ago
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
Schaeffer

"Modern Warfare" Battles Back to the Top of Sales Charts

6 years 6 months ago
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.
The Motley Fool

Apple AirPods Leads Wearables Growth in Q4: IDC

6 years 6 months ago
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
The Motley Fool

Bargain Hunters Take Note: Insider Cluster-Buying At NYMT

6 years 6 months ago
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
BNK Invest

Why Disney Stock Was Rebounding Today

6 years 6 months ago
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
The Motley Fool

Grubhub Waiving $100 Million in Commissions

6 years 6 months ago
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
The Motley Fool

U.S. Stocks bounce on stimulus hopes

6 years 6 months ago
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.
Reuters

Chinese SPAC Brilliant Acquisition files for a $40 million US IPO

6 years 6 months ago
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
Renaissance Capital

Why Texas Roadhouse Stock Is Up Today

6 years 6 months ago
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
The Motley Fool
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