Sharon Wrobel

About the Author Sharon Wrobel

American Airlines Posts Lower-Than-Feared $2.2B Loss; Shares Gain 15%

American Airlines posted a lower-than-feared quarterly loss of $2.2 billion as sales topped analysts’ expectations.

Nokia Says It’s Unaware Of Reason For Share Rally; Street Sees 33% Downside

Shares of Nokia popped more than 38% on Jan. 27, taking their gain over the past five days to a whopping 55%.

Levi Strauss Sinks 9% Pre-Market As 1Q Guidance Disappoints

Shares of Levi Strauss & Co. plunged almost 9% in Thursday’s pre-market trading session after the jeans giant’s first-quarter guidance fell short of …

AMC Explodes 301% After $305M Share Sale; Street Says Hold

Shares of AMC Entertainment exploded 301% on Jan. 27 fueled by investor optimism that the cash-strapped movie theatre operator is on the right …

Sanofi To Help Supply 125M Pfizer-BioNTech COVID-19 Vaccine Doses

Sanofi has inked an agreement to help with the production and supply of 125 million doses of Pfizer-BioNTech’s COVID-19 vaccine in Europe. According …

Eli Lilly’s Antibody Therapy Cuts Covid-19 Hospitalization By 70%

Eli Lilly & Co. said new data showed that treatment with two of its antibody therapies lowered COVID-19-related hospitalizations and deaths in high-risk …

GE Tops 4Q Cash Flow Guidance As Sales Outperform; Shares Gain

General Electric generated cash flow of $4.4 billion in the fourth quarter and reported better-than-expected revenue during the period.

Beyond Meat, PepsiCo Form Plant-Based Snack Venture; Shares Pop 18%

Shares of Beyond Meat spiked 18% after the plant-based meat pioneer formed a joint venture with PepsiCo to develop and sell snack and …

Veoneer Inks Driver Assistance Software Partnership With Qualcomm

Automotive technology supplier Veoneer has inked an agreement with chipmaker Qualcomm Technologies to jointly develop software technology for its advanced driver assistance systems …

NCR To Snap Up Cardtronics For $2.5B; Street Says Buy

NCR has struck a deal to buy all of the outstanding shares of non-bank ATM operator Cardtronics, in a deal valued at $2.5 …

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