Shrilekha Pethe

About the Author Shrilekha Pethe


Texas Instruments’ 4Q Sales Top Estimates; Street Says Hold

Texas Instruments’ (TI) fourth-quarter sales rose 22% to $4.1 billion year-on-year, and exceeded analysts’ estimates of $3.

Verizon Adds Fewer Postpaid Subscribers Than Expected In 4Q; Shares Drop

Verizon Communications added 279,000 postpaid subscribers during the fourth quarter, falling short of the 443,100 forecasted by analysts. The telecoms giant’s shares were …

3M Posts Surprise 4Q Profit Amid Strong Demand For Face Masks

3M reported better-than-expected fourth quarter earnings results sending its shares up 3.3% on Jan.

Tilray To Supply Medical Cannabis To France; Shares Gain 14%

Shares of Tilray jumped 14% in Tuesday’s morning trading after the cannabis producer said that it was selected by the French national health …

Blackberry Says Unaware Of Reason For Share Bonanza; Street Sees 56% Downside

Shares of Blackberry popped 28.4% on Jan.

Moderna Says Covid-19 Vaccine Appears To Protect Against Variants; Shares Jump 12%

Shares of Moderna spiked 12.2% on Jan.

F5 Closes $440M Cash Acquisition Of Volterra

F5 Networks announced the completion of its acquisition of Volterra on Jan. 25.

UPS To Divest Freight Business For $800M; Shares Rise 3%

United Parcel Service has agreed to sell its freight business to TFI International in a deal worth $800 million. Shares advanced almost 3% …

TSMC Slips Amid Report That Samsung Plans To Build A Chip Foundry

Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) dropped 3.

DraftKings Rolls Out Online Sportsbook In Virginia Ahead of Super Bowl

DraftKings on Jan. 24 announced the launch of its mobile and online sportsbook in Virginia, which now represents the 12th state in the …

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