Drug Manufacturers
Adamas Pharmaceuticals’ Stock Skyrockets After its Drug Gocovri Gain FDA Approval
Drug manufacturer and research company Adamas Pharmaceuticals (NASDAQ:$ADMS) saw its shares rise on Friday, August 25th. The rise can largely be attributed to the fact that the U.S. Food and Drug Administration (FDA) granted approval ... [Read]
Consumer
This is Why Abercrombie & Fitch Co.’s Stock Increased Today – August 24th, 2017
Despite having a rough few months along with similar teen apparel companies, Abercrombie & Fitch (NYSE:$ANF) released an earnings report on Thursday, August 24th, that exceeded average analysts’ expectations. Abercrombie cited its success from its ... [Read]
Consumer
This is Why Express Inc.’s Stock Rose Today – August 23, 2017
Express Inc. (NYSE:$EXPR) saw its stock go up after releasing its second quarter earnings report on Wednesday, August 23. Although the company’s performance decreased on a year-over-year basis, the quarterly results exceeded average analysts’ expectations. ... [Read]
Consumer
Baozun Inc.’s Stock Falls Despite Beating Revenue Expectations
China-based e-commerce solutions company Baozun Inc. (NASDAQ:$BZUN) saw a fall in its stock on Tuesday, August 22nd, despite beating average analysts’ revenue expectations by $2 million. The company’s stock had just previously hit an all-time ... [Read]
Consumer
Chicago-based Media Company Tronc Inc. Fires Los Angeles Times’ Top Editors, Appoints Ross Levinsohn New Publisher and CEO
Tronc Inc. (NASDAQ:$TRNC), a Chicago-based newspaper and online media company, has just fired a number of the top editors of its flagship newspaper, the Los Angeles Times. On Monday, August 21st, Tronc’s CEO Justin C. ... [Read]
Health
The Man Who Spiked Up The Price of Daraprim, Martin Shkreli, Found Guilty of Three Counts of Securities Fraud
On Friday, August 4th, the infamous “Pharma bro” Martin Shkreli was found guilty of three counts of securities fraud. However, he was found not guilty of five other crimes he had been accused of regarding ... [Read]
Computer Hardware
Electronics For Imaging Inc.’s Stock Falls After Pushing Back Release of Second Quarter Earnings Report
On Thursday, August 3rd, digital printing company Electronics for Imaging (NASDAQ:$EFII) announced that it will be delaying the report of its second-quarter earnings, citing an internal assessment of the company’s accounting practices. Electronics for Imaging ... [Read]
Application Software
Cybersecurity Researcher Responsible For Stopping Wannacry Arrested for Creating A Malware Called Kronos
Marcus Hutchins, a cyber security researcher, became widely known after he helped stop a cyber attack by a malware called WannaCry earlier this year. The attack affected thousands of computers as well as many companies’ ... [Read]
Application Software
Symantec to Sell SSL Business to Competitor DigiCert In the Wake Of Google Penalties
Website security company Symantec (NASDAQ:$SYMC) has just announced that it is planning to sell its SSL business to its competition, DigiCert (traded privately). The SSL business is reportedly being sold for an upfront cash payment ... [Read]
Energy
Will Trump Administration’s New Sanctions Bill Impact Oil and Gas Development?
On Wednesday, August 2, U.S. president Donald Trump reluctantly signed a new sanctions bill after it was revealed that the already-placed sanctions had not been working. Because the majority of Congress had voted for it, ... [Read]