Shares of cloud-based tax compliance solutions provider Avalara (NYSE:AVLR) jumped on Wednesday after the company reported its fourth-quarter results. A revenue beat and in-line earnings were enough to propel the stock about 16.3% higher by noon EST.
Teachers Advisors LLC boosted its holdings in Triumph Bancorp Inc (NASDAQ:TBK) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,786 shares of the financial services provider’s stock after
After struggling through deregulation, high oil prices, and a lengthy recession, airline stocks have rebounded in synchronization with the US stock market, with better global economies, and generally as a leading US economic indicator. A simple comparison of the six largest US airlines gives an encouraging picture of the recovery.
Of course, investors should be aware that airlines legendarily....More>>>
Sept. 15 marked the 10th anniversary of Lehman Brothers’ bankruptcy filing — by assets, the largest bankruptcy in the history of corporate America. The investment bank’s failure was a turning point in the financial crisis, shaking the financial system and the world economy to their foundations. Ten years on, here are nine extraordinary facts and anecdotes that relate to Lehman’s....More>>>
On Thursday, spot gold prices rose 0.6 percent to close at $1294.8 per ounce as prices rose to nine month high, dollar at four week low. The dollar index is down more than 9 percent so far this year, set for its biggest annual loss since 2003. That’s helped lift gold nearly 5 percent from a near five – month low of $1,235.92 struck in mid....More>>>
Progenics Pharmaceuticals Inc. (NASDAQ:PGNX) stock tumbled over 26 percent in the past one month despite the company announcing positive data about its lead candidate Azedra late last month. The drug was found performing satisfactorily in its Phase 2b trial. The test was designed to assess the efficacy and safety of the treatment in patients suffering from malignant and/or recurrent pheochromocytoma....More>>>
Hywind wind farm concept. Five turbines will be placed off the east coast of Scotland, near Peterhead. They will each be anchored with three suction anchors and linked together to send electricity to shore to power 22,000 households. Source: Statoil.
Seeking Alpha contributor Michael Fitzsimmons has summarized Statoil’s (NYSE:STO) Q2 results, which he suggests show that the company....More>>>
It was a wild week filled with big moves both up and down yet the major index managed to finish the week higher ahead of next week’s Fed meeting.
The S&P 500 rose 0.5% this week after declining 0.4% to2,139.16 today, while the Dow Jones Industrial Average advanced 0.2% this week after falling 88.68 points, or 0.5%, to 18,123.80 today. The Nasdaq Composite....More>>>
Shares of Biogen (BIIB) were halted earlier today after the Wall Street Journal reported that Merck (MRK) and Allergan (AGN) are interested in buying the biotech giant. The Journal’s Dana Mattioli, Jonathan Rockoff, and Dana Cimilluca report:
Bloomberg News/Scott Eisen
Biotechnology giant Biogen Inc. has drawn takeover interest from drug companies including Merck &....More>>>
Nike (NKE) was up more than 3% in after-hours trading yesterday after releasing its earnings after the close. Now it’s up just 0.4%. What gives? Morgan Stanley’s Jay Sole and team explain how Nike was “caught offside”:
First, Nike N. Am. futures growth decelerated 500 bps q/q. The implication is Nike is either losing share or the athletic....More>>>
Expectations were high going into PayPal's (NASDAQ:PYPL) fourth-quarter financial release. The digital payment processor was rolling into the end of a banner year, exceeding its forecast and raising guidance in each of the three previous quarters. Investors have come to expect the "beat and rais
Many market commentators will try to explain why the stock market kicked off 2019 with the best January in decades, but CNBC's Jim Cramer stressed on Friday that the move wasn't tied to historical patterns or the calendar.
Shares of eBay (EBAY ) popped 0.89% during regular trading hours Monday, one day before it is set to report its fourth quarter financial results. So, let’s see what investors should expect from the e-commerce giant’s earnings Tuesday.
Investors in PayPal (NASDAQ:PYPL) have had plenty to be thankful for. Since the company's much publicized split from eBay, PayPal has embarked on a multitude of partnerships across the financial spectrum, with banks, credit card companies, and even tech giants.