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Business

“Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion”

“Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose more than 1% on the news. The stock has fallen 4% this year, giving it a market value of $27.1 billion.… Continue Reading…

Business

“Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion”

“Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs.   Apple fell under 3% in extended trading. “We had a very strong performance… Continue Reading…

Stocks

“Exxon posts highest quarterly profit in years, but revenue disappoints”

“…The company earned $1.58 per share during the period on an adjusted basis, which was ahead of the $1.56 analysts surveyed by Refinitiv were expecting. Revenue totaled $73.79 billion, short of the $76.34 billion the Street was expecting. “All three… Continue Reading…

Stocks

“Dole IPO Drops Over 9% During First Day Of Trading”

“What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the… Continue Reading…

Stocks

“Analysts Say These 3 Stocks Are Their Top Picks for the Rest of 2021”

“Mimecast, Ltd. (MIME)… Overall, MIME derives its Strong Buy consensus rating from 10 reviews, including 8 Buys and 2 Holds. The shares are trading for $55.24 and their $62.90 average price target suggests room for another 14% in price appreciation. Super… Continue Reading…

Cryptocurrencies

“Core Scientific, a major U.S. bitcoin mining company, is going public via SPAC”

“Cryptocurrency mining operator Core Scientific said Wednesday it is listing on the Nasdaq through a merger with Power & Digital Infrastructure Acquisition Corp. The deal with the special purpose acquisition company values Core Scientific at roughly $4.3 billion. It’s not… Continue Reading…

Business

“Amazon Demands One More Thing From Some Vendors: A Piece of Their Company”

“Suppliers that want to land Amazon.com Inc. as a client for their goods and services can find that its business comes with a catch: the right for Amazon to buy big stakes in their companies at potentially steep discounts to… Continue Reading…

Stocks

“ITeos stock jumps 60% after company announces deal with GSK”

“Shares of iTeos Therapeutics Inc. ITOS, 30.79% soared 58.5% in premarket trading on Monday after the company announced a deal with GlaxoSmithKline GSK, +0.39% to develop and commercialize an experimental cancer therapy. GSK will make a $625 million upfront payment to iTeos, with an additional $1.4… Continue Reading…

Stocks

“Is It Time to Buy These 3 Dow Jones Stocks? Analysts Weigh In”

“Amgen (AMGN)… As for the rest of the Street, the results are mixed. Amgen has been assigned 11 Buys, 10 Holds and no Sells. This translates to a Moderate Buy consensus rating. The average price target is $258.18 and represents a… Continue Reading…

Stocks

“…4 Biotech Stocks To Watch” [TRACK TTNP TODAY!]

“Biotech Penny Stocks to Watch: Titan Pharmaceuticals Inc. Titan Pharmaceuticals Inc. (TTNP Stock Report) is a biotech penny stock that shot up by almost 28% by EOD on November 10th. At the beginning of the month, the company announced that… Continue Reading…