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Tech, health stocks rise, cyclicals fall on prospects of divided US Congress (Reuters) - High-flying technology stocks boosted the S&P 500 index .SPX and healthcare led gainers on Wednesday as investors bet a divided U.S. government would stunt chances for big reforms for these sectors or corporate tax hikes. FILE PHOTO: The ...
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Controversial Alzheimer's drug gets boost from FDA staff A drug that would be the first new treatment for Alzheimer's disease in nearly two decades received a vote of confidence Wednesday from Food and Drug Administration clinical reviewers, who said "exceptionally persuasive" data showed the drug slowed ...
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VW Sold 75x As Many ID.3s In The Netherlands In October As Tesla Sold Model 3s As the U.S investing public focuses intently on vote tallies from far-flung locales, the race for supremacy in the European electric car market couldn't be any more one-sided. Volkswagen's new ID.3 hatchback BEV model, introduced in September, has roared ...
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Canadian cannabis company agrees to buy US craft-beer maker Sweetwater, known for its '420'-branded brews Aphria stock jumps more than 10% after company agrees to pay at least $300 million for longtime Atlanta brewer known for beer that tastes and smells like pot without a cannabis buzz. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon.
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Emails, texts from debt collectors? More repayment reminders could be coming under a new rule One-third of Americans with a credit report have debt in collections — and they could soon be on the receiving end of texts and emails from collectors eager to track down those overdue payments. The Consumer Financial Protection Bureau, an agency ...
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The US trade gap contracted in September; Food LIon's parent reports online sales jump SILVER SPRING, Md. — The U.S. trade deficit fell in September after hitting a 14-year high the previous month as exports outpaced imports. The gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7 ...
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What Stocks Did Buffett Buy in the Third Quarter? Wall Street follows few investors as closely as Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) CEO Warren Buffett. A quick look at Buffett's long-term performance reveals why. Since 1965, Berkshire Hathaway has averaged a compound annual return of ...
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San Bernardino County missing marks to move to less-restrictive coronavirus tier San Bernardino County is meeting only one of the three criteria needed to move into the less-restrictive red tier, but even that number — the test-positivity rate — is moving in the wrong direction. In the past week, 7.4% of tests came back positive, the ...
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Elf Beauty stock falls after company's mixed fiscal 2021 guidance Analysts polled by FactSet had expected adjusted earnings of 13 cents a share on sales of $68.5 million. Elf guided for fiscal 2021 revenue between $297 million and $303 million, and adjusted EPS between 59 cents and 63 cents.
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The Usual Suspect Short-Covering Is Innocent in This Stock Rally It's a common refrain among skeptics on days like this when the stock market rallies at such a breakneck pace despite lingering uncertainty: It's all just short-covering. While there may be some of that at work, positioning data for major equity index futures and ...
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Expedia Stock Rallies Because Earnings Weren't as Bad as Expected Expedia shares were higher after hours Wednesday after the online travel agency reported results that weren't quite as bad as investors had feared. For the quarter ended in September, Expedia (ticker: EXPE) posted revenue of $1.5 billion, down 58% from a ...
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Roku Stock Is Up 61% This Year. Why One Analyst Isn't Bullish. Roku stock jumped 6% on Wednesday, a day before the company reports earnings. An analyst at Morgan Stanley raised his price target on the stock by $40 but that doesn't mean he's bullish. Morgan Stanley analyst Benjamin Swinburne still has an ...
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New Orleans's Dixie Beer to become Faubourg Brewing Company NEW ORLEANS (AP) — The iconic Louisiana brewery, Dixie Beer, which has been around since 1907, will now be known as Faubourg Brewing Company after the nationwide uproar over racial discrimination sparked the company earlier this summer to ditch ...
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Zynga reports record revenue and strong user growth while still losing $122M Zynga's revenue grew to a record $503 million (up 46% year-over-year) in the third quarter, with bookings of $628 million (up 59%), according to its latest earnings report. It also had its best mobile daily active user (31 million) and monthly active user (83 ...
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Doordash CEO says 'dashers' win as Prop 22 passes in California DoorDash CEO and co-founder Tony Xu said California voters' approval of a ballot measure that would identify rideshare workers as independent contractors is a win for "Dashers." Continue Reading Below. California residents on Tuesday voted to approve ...
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Online sales notch $2B on Election Day: Adobe Analytics Widespread anxiety over who would win the 2020 presidential election and lead the nation through a time of turmoil didn't stop consumers from filling their virtual shopping carts around Election Day. Continue Reading Below. According to Adobe Analytics' ...
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Land Rover Defender V-8: Two States of Tune and Available in the SWB 90 The Land Rover Defender is hot. (Just ask our 2021 SUV of the Year Judges, including yours truly.) Looking around Los Angeles with our eyeballs on the anecdotal pulse, the British SUV will be the must-have vehicle this winter. And if L.A., which still defines ...
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Austin organizations protest in Downtown Austin for a complete count of ballots AUSTIN, Texas — One day after Election Day, a group of Austin organizations marched in Downtown Austin, calling for a complete count of ballots in the presidential election. KVUE's media partners at the Austin American-Statesman reported that the group ...
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Biz Buzz: Harbor Freight opening inside old Rexburg Walmart in January Biz Buzz is brought to you by Idaho Central Credit Union, the premier credit union in Idaho. Its mission is "Helping members achieve financial success." Do you want to know what's happening in the eastern Idaho business scene? We've got you covered.
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Syracuse radio station switches to Christmas music, becomes 'Santa 102' A Syracuse radio station has switched to Christmas music early this year. Classic Hits Sunny 102 (WZUN-FM) flipped format on Wednesday, becoming "Santa 102" on 102.1 FM in Syracuse and 106.1 FM in Oswego. "2020 has been rough on everyone, so we ...
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Miller Industries' profits drop from 13.9% drop in quarterly sales Miller Industries, Inc. hauled in less money in the third quarter as the Chattanooga-based tow truck maker continued to suffer from a drop in sales due to the coronavirus pandemic. Sales in the three-month period ended Sept. 30 fell by 13.9% from a year ago ...
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Tutor Reports Big Quarter but Stock Hammered Tutor Perini Corp. handily beat Wall Street expectations on earnings and revenue for the third quarter, but the Sylmar construction firm saw its share price drop. Earnings were released after the stock markets closed. Tutor's stock may have declined in ...
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Sixth St: 3Q Earnings Snapshot DALLAS (AP) _ Sixth Street Specialty Lending, Inc. (TSLX) on Wednesday reported third-quarter earnings of $81.9 million. The Dallas-based company said it had net income of $1.21 per share. Earnings, adjusted for investment gains, were 61 cents per share ...
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Kinross Gold: 3Q Earnings Snapshot TORONTO (AP) _ Kinross Gold Corp. (KGC) on Wednesday reported third-quarter profit of $240.7 million. The Toronto-based company said it had profit of 19 cents per share. Earnings, adjusted for non-recurring costs, were 25 cents per share. The results ...
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Alternative-Energy Stocks Slide Amid Uncertain Election Result Clean-energy shares fell Wednesday amid the uncertainty about the presidential-election results. Some market participants see Joe Biden as a stronger supporter of renewable energy than President Donald Trump. And many polls indicated Biden would win ...
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Centrica Business Solutions Completes Shelter Creek Condominiums Solar System SANTA CLARA, Calif., Nov. 4, 2020 /PRNewswire/ -- Centrica Business Solutions, part of Centrica plc, a global energy and services company, has completed a 2.5 megawatt rooftop solar installation at Shelter Creek Condominiums in San Bruno, California.
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Treasury Wines China sales rebound but trade war casts doubt Treasury Wine Estates chief executive Tim Ford says China sales rebounded strongly in the September quarter but the anti-dumping investigations have injected ''considerable'' uncertainty about the outlook as the company also revealed it had hit pause on a ...
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Descartes Offers Shipping Insurance for ShipRush Customers Descartes ShipRush customers will be able to purchase shipping insurance through a new partnership with Cover Genius – even for categories such as used products and electronics. According to the announcement on Wednesday, Cover Genius integrated ...
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NEWPORT FOOD SCENE: Thanksgiving is going to be different this year. Why not order out? We've got a problem and it's time to talk turkey. The turkey part? Well that's Thanksgiving which is (checks and rechecks calendar) only Three Weeks Away! (How'd that happen? What happened to summer?) And the problem? That would be COVID. Yep, this ...
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All four Va. casino referendums pass in landslide Voters in Bristol, Danville, Norfolk and Portsmouth overwhelmingly supported local referendums allowing four commercial casinos to be built in their cities, with results declared two hours after polls closed at 7 p.m. According to the Virginia Department of ...
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Demonstrators To March In NYC As Trump Claims Vote Fraud NEW YORK CITY — Demonstrators plan to march New York City's streets to demand 2020 vote counting continue in a close contest between President Donald Trump and former Vice President Joe Biden. The planned "Protect the Results" march Wednesday ...
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Can Emphasis on Education Increase Lung Cancer Screenings? In all, 44% of eligible patients who were qualified for LDCT lung cancer screening actually received them (95% CI, 25%-66%). In phase 2, the rate was 36% (95% CI, 20%-55%). And 11% of patients completed annual screenings as the guidelines suggest (95% ...
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The 'Moderna' is a carbon-fibre-bodied classic V12 Ferrari homage A U.K. company is plotting to bring the iconic Ferrari 250 SWB into the 21st century with its own interpretation of the classic race car. GTO Engineering is an expert restorer of classic Ferrari vehicles, and has already made a name for itself building the "250 GT ...
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