Automakers Rev Up Electric Vehicle PR Engine
About 2% of new light vehicles sold in the Northeastern United States are electrified. That number could rise — a lot — if potential car buyers who are now kicking ...Read Full Story »
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Uber Self-Driving Car Unit Gets $1 Billion, Valuing It at $7.25 Billion
Uber Technologies' Advanced Technologies Group (Uber ATG), which runs the ride-sharing service, got $1 billion from a group of investors. The deal values Uber ATG at $7.25 billion on a ...Read Full Story »
Why Zoom Video’s IPO Is Exploding
Zoom Video Communications Inc. (NASDAQ: ZM) is another IPO making a splash in the markets to close out the week. In this case, the stock practically doubled its pricing when ...Read Full Story »
Pinterest Enters the Market With a Bang
Pinterest Inc. (NYSE: PINS) entered the market with a bang on Thursday. The stock opened at $23.75, well above the pricing at $19 per share and even the expected price ...Read Full Story »
Can American Express Q1 Results Lift Shares to New High?
When American Express Co. (NYSE: AXP) released its first-quarter financial results before the markets opened on Thursday, the company posted $2.01 in earnings per share (EPS) and $10.36 billion in ...Read Full Story »
How Canopy Growth Aims to Expand in the US
Canopy Growth Corp. (NYSE: CGC) shares jumped on Thursday after the firm announced that it has entered into a definitive agreement to acquire Acreage Holdings. The deal will take place ...Read Full Story »
Meet Mustang Bio’s Breakthrough ‘Bubble Boy’ Treatment
Mustang Bio Inc. (NASDAQ: MBIO) shares more than tripled on Thursday after the company announced a breakthrough that cured eight infants dealing with the "Bubble Boy" immune disorder. Specifically, the ...Read Full Story »
Should Synchrony Financial Get More Credit for Q1 Results?
Synchrony Financial (NYSE: SYF) released its first-quarter financial results before the markets opened on Thursday. The company said that it had $1.00 in earnings per share (EPS) and $4.79 billion ...Read Full Story »
Is Philip Morris Serious About Quitting Cigarettes?
Philip Morris International Inc. (NYSE: PM) reported first-quarter 2019 results before markets opened on Thursday. The tobacco products firm posted diluted earnings per share (EPS) of $0.87 on revenue of ...Read Full Story »
How Far Will Pinterest Fall After Its IPO?
Pinterest is about to go public. It has priced its shares at $19, which gives the company a value of $10 billion. That is a lot of money for a ...Read Full Story »
Kinder Morgan Earnings Accompanied by Dividend Hike to New Milestone
Kinder Morgan Inc. (NYSE: KMI) has released its first-quarter earnings for 2019, along with an update on its Permian Basin projects and news of a dividend hike that reached an ...Read Full Story »
Amazon Prime Added Just 2 Million New Subscribers in Q1
Subscriber growth for its Amazon Prime service continues to slow down for Amazon.com Inc. (NASDAQ: AMZN). The number of U.S. Prime subscriptions rose by 2 million in the quarter, from ...Read Full Story »
Ford to Build New Lincoln SUV in China
This week's New York International Auto Show is one opportunity no automaker can afford to ignore if it wants to get its message out to a large audience of industry ...Read Full Story »
Bank of New York Mellon Signals Dark Yield Curve Clouds in Trust and Custodial Companies
It's unusual to see shares of Bank of New York Mellon Corp. (NYSE: BK) have a huge post-earnings reaction. After all, the 235-year-old bank is the top custodial player with ...Read Full Story »
What to Expect When American Express Reports Thursday
American Express Co. (NYSE: AXP) is scheduled to release its first-quarter earnings report before the markets open on Thursday. Consensus estimates are calling for $1.98 in earnings per share (EPS) ...Read Full Story »
