The regulatory review forced Hangzhou-based Ant Group to abruptly suspend plans for a massive IPO in 2020. CGV | Visual Group China | Getty Images BEIJING — Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in addressing regulators’ concerns. Since the abrupt suspension of …
Ant gets approval to expand its consumer finance business Read More »
A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continued their buying spree on heavily shorted stocks. Scott Olson | Getty Images Find out which companies are making headlines in the midday business. You’re here – The electric …
Check out the companies making headlines before the bell: You’re here (TSLA) – Tesla gained 1.6% in pre-market during a volatile session, after a seven-game losing streak and declines in ten of the last eleven sessions. Baird cut his price target on Tesla to $252 per share from $316, but continues to note the stock …
Take a look at some of the biggest pre-market movers: General Mills (GIS) – General Mills reported better-than-expected earnings and revenue for its latest quarter and raised its full-year guidance. The food producer was helped by higher prices which were only partially offset by increased input costs. The stock slipped 1.3% in premarket action. Steel …
SOPA Pictures | Light flare | Getty Images Check out the companies making the biggest moves at midday: lululemon – Lululemon shares fell 12% after the sportswear company delivered a weaker-than-expected result fourth quarter outlook. In the third quarter, the company exceeded Wall Street expectations for revenue and earnings. Beyond meat — Beyond Meat shares …
A shopper loads a car with bottled water at a Costco wholesaler in Chingford, Britain on March 15, 2020. John Sibley | Reuters Find out which companies are making headlines in the midday business. Selling power – Shares of the cloud-based software company fell more than 9% after the company announced the sudden departure of …
Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% premarket after missing consensus estimates of 59 cents with quarterly earnings of $1.54 per share. The retailer expects sales to decline over the holiday season and has halved its operating margin forecast for the current quarter. Target also said it …
Take a look at some of the biggest pre-market movers: Interactive Take-Two (TTWO) – Take-Two fell 17.4% pre-market after video game publisher reduced its booking outlook for the year. Take-Two has been impacted by declining mobile and game sales, although CEO Strauss Zelnick said the situation should improve over the next three to six months. …
Take-Two Interactive, Lyft, TripAdvisor and more Read More »
Budrul Chukrout | SOPA Images | Light flare | Getty Images Check out the companies making the biggest moves at midday: carvana – Carvana shares lost more than 15%, with trading briefly stopped at some point due to volatility. The sale comes after that of the used car salesman the worst day of my life …
Carvana, Meta, Palantir, Viatris, Walgreens and more Read More »
This photograph taken on October 20, 2022 shows the signage of the Wynn Casino complex with Grand Lisboa and Casino Lisboa in the backdrop in Macau. Edouard Leal | AFP | Getty Images Find out which companies are making headlines in the midday business. Wynn Resorts – The casino operator’s shares jumped 10% after a …
Wynn Resorts, TuSimple, Newell Brands, First Solar and more Read More »