U.S. Markets News
Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary…
Aurora Cannabis eyes 130-mn market through Mexican firm acquisition
Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced…
Marinus Pharmaceuticals (MRNS) surges on positive data from Ganaxolone trial
Shares of Marinus Pharmaceuticals (MRNS) jumped after the pharma company reported positive data from the Phase 2 ganaxolone clinical trial in…
Companies reporting earnings this week: Dec 10 – 14
A slew of major companies are reporting earnings this week. Specialty apparel retailer Ascena Retail Group (ASNA) will announce its…
Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear market. While…
Fiat comes to Detroit just as GM plans to leave
Fiat Chrysler Automobiles NV (FCAU) is planning to reopen one of its factories in Detroit to build its Jeep Grand…
Lyft files for public listing ahead of Uber, likely to be valued around $30 bn
Ending months of speculations, ride-hailing service Lyft filed for public listing on Thursday. The San Francisco-based company, which competes with…
A quick look at analyst recommendations on Tesla (TSLA) stock
Though analysts, in general, remain skeptic about the health of Tesla Motors (TSLA), the recent operational improvements in production and…
Moderna raises over $600-million through IPO, falls below IPO price
Biotech company Moderna raised above $600 million on Thursday by selling about 26 million of its common stock at $23…
Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group
Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion) in Toronto-based…