In the currency market on Tuesday, the dollar index resumed its slide and with a bit fall of -0.33 percent was at 90.01 points, returning to its lowest level versus a basket of currencies since March 2018. The euro finished at a marginal high with +0.15 to $1.2223. The new...
The U.S. stock market ended the trading session on Monday, December 21, with a fall in two of the three main indices. Serious worries about an especially infectious coronavirus mutation that emerged in the UK blocked hope about fiscal stimulus initiatives in the United States at the beginning of...
Nike Inc. (NKE) has been affected by the COVID-19 crisis, like many other clothing and footwear manufacturers. Because of the pandemic, the company's quarterly profits fell by almost 40 percent. Nike was however, eventually able to recover losses, expand margins, and deliver strong e-Commerce growth. The organization is expected...
ECMOHO Limited (Nasdaq: MOHO), China's leading provider of integrated products in the non-medical health and wellness industry, officially stated that it would report its unaudited quarterly results on Monday, November 30, 2020, for the third quarter ended September 30, 2020. On Monday, November 30, 2020, ECMOHO's leadership will hold an...
Tesla Inc (TSLA) reaching the new heights in the stock markets on Tuesday when the company finished the trading with a market cap greater than $500 billion for the first time after its share price cross the $527.48 figure. The company’s shares closed at $555.38 per share, up 6.4%...
Verona Pharma (VRNA) announced today November 23, 2020 that it has entered into a debt financing facility for up to $30 million with Silicon Valley Bank. Furthermore, the Verona will get more flexibility from non-dilutive capital. Under the agreement with Silicon Valley Bank, the company would be able to borrow...
Seanergy Maritime Holdings Corp. (SHIP) announced its financial results for the third quarter and nine months ended September 30, 2020, on Wednesday. The company reported $15.8 million net revenue after voyage expenses, compared to $15.9 million in the third quarter of 2019. The company net income for 3Q of 2020...
Alibaba Group announced its quarterly results on Thursday, beating all the revenue estimates which were driven by e-commerce growth after china recovered from Coronavirus pandemic. The Group said that it is assessing the Ant Group suspension as well. The Chinese government action has been seen to control Jack Ma financial...
Third quarter results recorded improvement from the second quarter as the company delivered substantial cash flow and earnings growth, along with year-over-year margin improvement. Superior Industries International, Inc. (SUP), a globally recognized manufacturer of cast aluminum wheels for the world’s largest automobile companies, recently announced its third quarter results for...
Google beats Wall Street’s revenue expectations across each major section with strong advertising growth. The Parent company of Google, Alphabet Inc. (GOOGL) traded on a positive side during the last trading session. The stock made a strong move on Friday after the company posted mesmerizing third quarter results recently.  GOOGL traded...