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4 Stocks Insiders Are Selling
Thursday, September 9, 2021 - 6:17am | 575When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading...
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Underwhelming: Tepid Jobs Data Could Add New Variable To Fed Policy Equation
Friday, September 3, 2021 - 10:14am | 2616That hissing noise you hear is the air being let out of the market’s tires after an epically disappointing August jobs report. The Delta variant seems to be sinking its teeth into the economy, taking a massive bite into the jobs picture. Job gains of 235,000 in August reported today by...
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Labcorp Increases Minimum Hourly Wage To $15
Friday, September 3, 2021 - 7:18am | 316Laboratory Corp of America Holdings (NYSE: LH) has increased the minimum hourly wage for U.S.-based employees to $15 from $10.95. The Company joins several other firms in implementing measures to retain staff amid a nationwide labor shortage. Lab Corp has more than 70,000 employees and...
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Lexicon Touts Analyses From Two Phase 3 Trials Of Its Heart Failure Drug
Monday, August 23, 2021 - 9:45am | 255Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) has presented additional analyses from SOLOIST and SCORED Phase 3 trials evaluating heart failure candidate sotagliflozin, a dual SGLT1 & SGLT2 inhibitor. Data were presented at the ESC Congress 2021 - The Digital Experience. In...
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10 Biggest Price Target Changes For Thursday
Thursday, August 19, 2021 - 7:51am | 392Needham boosted the price target on NVIDIA Corporation (NASDAQ: NVDA) from $200 to $245. NVIDIA shares rose 1.8% to $193.78 in pre-market trading. Credit Suisse boosted Cisco Systems, Inc. (NASDAQ: CSCO) price target from $46 to $56. Cisco shares fell 1.3% to $54.43 in pre-market trading....
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78 Biggest Movers From Friday
Monday, August 16, 2021 - 5:12am | 2694Gainers PharmaCyte Biotech, Inc. (NASDAQ: PMCB) shares jumped 43.4% to close at $3.27. PharmaCyte Biotech recently reported closing of $15-million public offering. Flora Growth Corp. (NASDAQ: FLGC) surged 36% to settle at $17.20. Flora Growth recently said it fulfilled initial purchase order of $1...
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Labcorp Acquires Digital Pregnancy Platform Provider For Undisclosed Amount
Friday, August 13, 2021 - 2:10pm | 187The clinical testing giant Laboratory Corp of America Holdings (NYSE: LH) picked up Ovia Health, developer of a digital platform for tracking pregnancies and coaching new parents through infancy. The acquisition marks a new step in Labcorp’s commercial push into the booming...
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77 Biggest Movers From Yesterday
Friday, August 13, 2021 - 5:14am | 2732Gainers Powerbridge Technologies Co., Ltd. (NASDAQ: PBTS) shares surged 65.4% to close at $2.10 on Thursday after the company announced it is expanding its blockchain business to engage in cryptocurrency mining. IEC Electronics Corp. (NASDAQ: IEC) shares gained 46.7% to settle at $15.27 after the...
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85 Biggest Movers From Yesterday
Wednesday, August 11, 2021 - 5:14am | 3009Gainers Fulcrum Therapeutics, Inc. (NASDAQ: FULC) jumped 125.3% to close at $18.77 on Tuesday after the company announced positive interim results from the Phase 1 trial with FTX-6058 in healthy adult volunteers. Lightning eMotors, Inc. (NYSE: ZEV) shares climbed 81% to settle at $11.60 after the...
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54 Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 10, 2021 - 12:02pm | 1935Gainers Fulcrum Therapeutics, Inc. (NASDAQ: FULC) climbed 79.3% to $14.93 after the company announced positive interim results from the Phase 1 trial with FTX-6058 in healthy adult volunteers. Lightning eMotors, Inc. (NYSE: ZEV) shares jumped 64.2% to $10.53 after the company reported a multi-year...
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99 Biggest Movers From Yesterday
Friday, August 6, 2021 - 5:01am | 3511Gainers Score Media and Gaming Inc. (NASDAQ: SCR) shares climbed 79.9% to close at $32.64 on Thursday after the company, and Penn National Gaming, announced they entered into a definitive agreement whereby Penn National will acquire Score Media and Gaming for approximately $2.0 billion in cash and...
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McKesson Q1 Earnings Surpass Wall Street Estimate; Raises FY22 EPS Outlook
Thursday, August 5, 2021 - 5:48am | 297McKesson Corp (NYSE: MCK) reported first-quarter FY22 adjusted EPS of $5.56, almost doubled from $2.77 a year ago, and easily beating the analyst consensus of $4.17. Revenues increased 13% Y/Y to $62.67 billion, surpassing the consensus of $59.9 billion, driven by higher volumes from retail...
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5 Stocks To Watch For August 4, 2021
Wednesday, August 4, 2021 - 4:37am | 314Some of the stocks that may grab investor focus today are: Wall Street expects General Motors Company (NYSE: GM) to report quarterly earnings at $1.34 per share on revenue of $29.11 billion before the opening bell. GM shares fell 0.1% to $57.80 in after-hours trading. Paycom Software (NASDAQ:...
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MACOM Stock Gains On Q3 Margin Expansion, Better Than Expected Q4 Outlook
Thursday, July 29, 2021 - 1:28pm | 186MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI) reported third-quarter FY21 revenue growth of 11.2% year-on-year to $152.6 million, beating the analyst consensus of $152.1 million. The adjusted gross margin expanded 480 bps to 60.3%, while the adjusted operating margin...
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Drug Distributors To Pay Up To $1.1B To Settle New York Opioid Claims
Tuesday, July 20, 2021 - 10:47am | 260McKesson Corporation (NYSE: MCK), Cardinal Health Inc (NYSE: CAH), and AmerisourceBergen Corp (NYSE: ABC) have agreed to pay up to $1.179 billion to settle claims by New York state and two of its biggest counties over their role in the U.S. opioid epidemic. The...