Entertainment
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]
Healthcare
Akorn Sues Fresenius Medical Over Terminated Merger Agreement
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]
Metals & Mining
Cleveland-Cliffs: Strategic Moves Support Future Fundamentals
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]
Oil & Gas
McDermott Rejects Subsea’s Hostile $2Bn Takeover Bid – Shares Leap 13.6%
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]
Consumer
Pier 1 Imports Stock Dives After Announcing Strategic Plan to Address Company ‘Weaknesses’
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]
Solar
Sunpower Stocks Leap on SolarWorld Americas Purchase
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]
Metals & Mining
Aluminum Stocks Are Flying High After Sanctions on Russian Imports
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]
Medical Instruments & Equipment
Valeritas Announces Release of V-Go Product in Australia and NZ
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]
Cannabis
These Two U.S. Marijuana Stocks are Rising
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
Cannabis Industry Set to Bloom After Trump’s Backing
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]