April 2018 - Page 2 of 8

Helios & Matheson Analytics Announces $30 Million Public Offering – Shares Plummet

Shares of the analytics company Helios & Matheson Analytics (NASDAQ:HMNY) plummetted Thursday after the company announced a USD $30 million public offering. The company, which owns a 92% majority stake in the movie-theatre subscription service ... [Read]

Akorn Sues Fresenius Medical Over Terminated Merger Agreement

Apr 23 Nicky Toor

Akorn sues Fresenius Medical: US-based drug manufacturing company Akorn Inc. (NASDAQ:AKRX) has sued German-based Fresenius Kabi AG, a subsidiary of Fresenius Medical Care Ag (NYSE:FMS), in a Delaware court on Monday, citing that Fresenius failed ... [Read]

Cleveland-Cliffs: Strategic Moves Support Future Fundamentals

Apr 23 Siraj Sarwar

Cleveland-Cliffs Inc (NYSE:CLF) shares move higher after beating the first quarter revenue estimate by $57 million and lifting full-year production guidance. CLF stock price rose 7% on Friday to$ 7.72 per share, up 16% in ... [Read]

McDermott International Rejects Subsea 7

McDermott Rejects Subsea’s Hostile $2Bn Takeover Bid – Shares Leap 13.6%

Apr 23 Ed Browne

Shares in offshore engineering firm McDermott International (NYSE:MDR) have soared 14.3% after the firm rejected an aggressive $2 billion USD takeover bid from rival European firm Subsea 7 (OTC:SUBCY). The bid was timed to disrupt ... [Read]

Pier 1 Imports Stock Dives After Announcing Strategic Plan to Address Company ‘Weaknesses’

Apr 19 Nicky Toor

Shares of the specialty home retailer Pier 1 Imports Inc (NYSE:PIR) took a dive today after the company announced a three-year plan that will address weaknesses in the company’s business. The company’s recent fourth quarter ... [Read]

Sunpower Stocks Leap on SolarWorld Americas Purchase

Apr 18 Ed Browne

Sunpower acquires SolarWorld: US Solar panel technology firm SunPower (NASDAQ:SPWR) has seen its stock spike over 10% after announcing that it is to buy rival US panel maker SolarWorld Americas. SunPower’s per-share price currently sits ... [Read]

Aluminum Stocks Are Flying High After Sanctions on Russian Imports

Apr 18 Siraj Sarwar

Russian Import Sanctions: Aluminum price hit a six-year high after US sanctions on Russian producer, Rusal, opened the potential for a huge gap in supply and demand dynamics. Donald Trump has been supporting the aluminum ... [Read]

Valeritas Announces Release of V-Go Product in Australia and NZ

Apr 17 Ed Browne

Medical technology company Valeritas (NASDAQ:VLRX) has today announced that it is to release its V-Go wearable insulin delivery device in Australia and New Zealand. Stocks in the firm have skyrocketed 96.3% on the news, making ... [Read]

These Two U.S. Marijuana Stocks are Rising

Apr 16 Siraj Sarwar

The U.S. marijuana industry has been expanding at a significant rate over the last few years, supported by the legalization of recreational and medical marijuana from several states. Twenty-nine states have already allowed medical use ... [Read]

Cannabis Industry Set to Bloom After Trump’s Backing

Apr 16 Siraj Sarwar

CanniMed Therapeutics (OTCPK:CMMDF), Canopy Growth (OTCPK:TWMJF), MedReLeaf Corp (OTCPK:MEDFF) and other cannabis stocks are flying higher since Sen. Cory Gardner announced that Donald Trump has assured him to give full right to states to decide ... [Read]