Stock News

Norwegian Cruise Posts Huge 3Q Loss; Shares Rise On Recovery Hopes

Norwegian Cruise Line’s earnings slipped to an adjusted loss per share of $2.35 in the third quarter from an adjusted EPS of $2.

General Motors Embarks On Hiring Spree For EV Bonanza; Street Bullish

General Motors on Monday announced a plan to hire 3,000 engineering, design and IT employees, as the US automaker seeks to accelerate the …

Nikola Says Partnership Talks With GM On Track; Shares Gain

Electric truck startup Nikola said that it is continuing its discussions to try and ink a $2 billion deal with General Motors, sending …

Hain Celestial Beats 1Q Estimates On Pandemic-Led Demand

Organic products maker Hain Celestial posted better-than-expected results for the first quarter of fiscal 2021 (ended Sept. 30) driven by higher at-home consumption …

BTIG Flips To Buy On Square; Stock Up 194% YTD

BTIG upgraded Square stock to Buy from Hold and maintained a price target of $220 (19.5% upside potential), given the mobile payment processor’s …

Alibaba, Richemont To Invest $1.1B In Farfetch For China Push; Stock Up 323% YTD

Alibaba and Swiss luxury brand group Richemont have teamed up to invest $1.1 billion in fashion retail platform Farfetch to meet the growing …

Lowe’s Says Not In Talks To Buy HD Supply; Street Sees 21% Upside

Lowe’s Companies announced on Monday that it not in discussions with HD Supply for an acquisition, putting media speculations to rest. In a …

Ford or General Motors: Which Automaker Stock Is A Better Pick?

The US auto sector is showing strong signs of recovery after facing severe disruptions earlier this year due to a demand slump and …

NextEra Offers $15B To Buy Power Utility Evergy – Report

Utility giant NextEra Energy has made a $15 billion all-stock acquisition offer for Evergy, Reuters has learnt. Per the Reuters report, the offer …

Beyond Meat Sinks 22% As 3Q Disappoints; Street Sticks To Hold

Shares of Beyond Meat plunged 22.4% in Monday’s extended trading session after the plant-based meat manufacturer reported 3Q results that fell short of …

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