“Unity Software Soars 10%: Impressive Results & Outlook Leave Wall Street Stunned!”
Unity Software Inc., a leading provider of game-engine and app-monetization solutions, has witnessed its shares rally following its outlook and results exceeding Wall Street expectations. The company’s shares surged by more than 10% after hours, following a 1.6% gain during the regular session to close at $28.74. Unity has forecast revenue of $510 million to […]
Groupon’s First-Quarter Results: A Mixed Bag, Retains Warning on ‘Going Concern’ Filing
Groupon Inc. reported a decrease in shares of over 1% in aftermarket trading on Wednesday, following the announcement of mixed quarterly results and a statement that it is “facing serious challenges” in remaining operational. The deals and coupons company has been struggling due to the widespread economic downturn caused by the COVID-19 pandemic, and the […]
Crane Co. Surprises with Stellar Q1 Results, Boosts Guidance – Get the Inside Scoop!
Crane Co., a diversified manufacturer of highly engineered industrial products, reported better-than-expected first-quarter earnings, leading to a nearly 5% stock rise in the extended session. The company reported earnings of $62 million, equivalent to $1.08 per share, compared to $54 million or 93 cents per share in the corresponding period the previous year. Adjusting for […]
Altria Offers $235M to Settle 6,000 Lawsuits in Juul Crisis: A Bold Move by Marlboro Parent
Altria Group Inc., a major tobacco company, has announced a $235 million settlement for around 6,000 state and federal Juul-related lawsuits in the United States. The company stated that it would report this settlement as a one-time charge for the second quarter of the year. Altria Group Inc.’s general counsel, Murray Garnick, emphasized that although […]
“FDA Committee Greenlights Over-The-Counter Birth Control Pills: Empowering Women’s Health Choices!”
US Food and Drug Administration (FDA) advisory committees voted unanimously that the advantages of making Opill, a birth control pill, accessible for use without a prescription, would exceed the risks. Perrigo Co. announced the decision in a recent press release. The joint committee’s vote is non-binding; nevertheless, the FDA frequently follows advisory committee recommendations. Perrigo’s […]
“April Inflation Report Sparks Stock Futures Surge, Treasury Yields Plunge: Don’t Miss Out!”
US stock futures advanced on Wednesday, with the S&P 500 climbing by 15 points or 0.4% to reach 4,148, the Nasdaq 100 rising by 56 points or 0.4% to touch 13,319, and the Dow Jones Industrial Average increasing by 60 points to 33,695, after a monthly inflation report indicated inflation in the US had slowed […]
April Inflation Report Fuels Surge: US Stocks Open Higher, Investors Eye Market Movement
U.S. stocks opened higher on Wednesday following the release of an April inflation report. The S&P 500 SPX gained 32 points, or 0.8%, to 4,151. The Dow Jones Industrial Average DJIA rose by 194 points, or 0.6%, to 33,754. The Nasdaq Composite COMP increased by 134 points, or 1.1%, to 12,313. An April report on […]
MasterCraft Boat Soars: Earnings Crush Analysts’ Predictions, Skyrockets Future Outlook
MasterCraft Boat Holdings Inc., a leading boat manufacturer, has reported a significant increase in its stock value following the announcement of its impressive earnings and revenue for the third quarter. The company’s stock (MCFT) went up 4.3% after it managed to beat analyst forecasts in both aspects. This success is attributed to MasterCraft’s ability to […]
Trulieve Defies Odds: Q1 Loss Smaller than Predicted, Revenue Just Shy of Expectations
Rewrite and expand this content to 900 words Trulieve Cannabis Corp. TCNNF CA:TRUL said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16 cents a share, posted in the year-earlier period. Excluding one-time items, the Tallahassee, Fla.-based […]
Svenska Orphan Biovitrum köper CTI BioPharma i en makalös affär värd $1,7 miljarder!
Rewrite and expand this content to 900 words Swedish Orphan Biovitrum AB SE:SOBI on Wednesday announced that it has entered into an agreement to acquire U.S.-based CTI BioPharma Corp. CTIC in a deal valued at $1.7 billion. The Stockholm-based drugmaker said it will offer $9.10 for each share of CTI, which focuses on blood-related cancers […]