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Hertz Sinks 11% After-Hours As Carl Icahn Sells Stake At $1.8B Loss

Shares in troubled car rental company Hertz Global Holdings (HTZ) sunk a further 11% to $1.16 in Wednesday’s after-hours trading on the news that …

PhaseBio Explodes 82% After-Hours On FDA Nod For Covid-19 Clinical Trial

Shares in PhaseBio Pharmaceuticals (PHAS) surged 82% in after-hours trading on Wednesday, after the company announced clearance of its investigational new drug (IND) …

Google Pay App May Face Anti-Trust Probe In India – Report

Alphabet Inc’s Google (GOOGL) is allegedly abusing its market position to unfairly promote its mobile payments app in India according to a complaint …

General Electric Surges 8% Amid Sale Of Lighting Unit To Savant  

General Electric Co. (GE) said it reached an agreement to sell its unit GE Lighting to smarthome company Savant Systems Inc.

Gilead & Arcus Join Forces For 10-Year Cancer Deal, Arcus Down 15% In Pre-Market

Gilead Sciences (GILD) and Arcus Biosciences (RCUS), an oncology-focused biopharma, have announced a 10-year partnership to co-develop and co-commercialize current and future therapeutic …

Papa John’s U.S. Pizza Sales Jump 33.5%; Shares Pop 7% In Pre-Market

Papa John’s International Inc. (PZZA) said on Wednesday that May comparable sales increased a preliminary 33.

WalMart Shutters Jet.Com 4 Years After Purchase

WalMart (WMT) announced this week that it is shutting down Jet.com, the e-commerce site it acquired in 2016 for $3.

Domino’s Pizza Delivers Strong US Sales; Top Analyst Boosts Estimates

Domino’s Pizza (DPZ), the largest pizza company in the world based on retail sales, has provided an encouraging business update- revealing a material increase in US same …

Walmart Partners With ThredUp To Enter Fashion Resale Market

Walmart Inc. (WMT) announced that it has entered into an partnership with online fashion platform thredUP in a move which is targeted to …

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