Business News

uber-feb19-lg.jpgRide-hailing giant Uber Technologies has shut down a customer support office in downtown Los Angeles without providing advance notice to its staff and also laid off about 80 employees, the Los Angeles Times reported on Tuesday. Uber employees were informed their jobs would be shifted to a customer support office in Manila in order to support the business as it grows, the report said.
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Stock Alert: Bluebird Bio Stock Down 8% On Mixed Q4 Results

Shares of bluebird bio (BLUE) are currently down nearly 8% on Wednesday morning. The clinical-stage biotech reported a mixed result for the fourth quarter, as earnings missed estimates, while revenues surpassed expectations. The company reported total revenues of $10.0 million, the majority of which...
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Belgium Consumer Confidence Improves For Second Month

Belgian consumers were less pessimistic for a second straight month in February, survey data from the National Bank of Belgium showed on Wednesday. The consumer confidence index rose to -4 from -6 in January. In December, the reading was -8. This new boost of confidence is reflected in all components...
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Rockwell Automation To Acquire Italy-based ASEM SpA- Quick Facts

Rockwell Automation, Inc. (ROK) said Wednesday it has agreed to acquire Italy-based ASEM S.p.A., a provider of digital automation technologies. Financial terms of the transaction were not disclosed. ASEM provides a range of Industrial PCs or IPCs, Human-Machine Interface or HMI hardware and software,...
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Stock Alert: Fiverr International Up 5%

Fiverr International Ltd. (FVRR) shares are gaining on significant revenue growth expectation for the first quarter and the full year, despite wider net loss for the fourth quarter. The shares are currently trading at $29.40, up 5 percent on more than 4 fold increase in average volume. The online...
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Entergy Q4 19 Earnings Conference Call At 11:00 AM ET

Entergy Corp. (ETR) will host a conference call at 11:00 AM ET on February 19, 2020, to discuss Q4 19 earnings results. To access the live webcast, log on to entergy.com To listen to the call, dial 844-309-6569, Conference ID 1253867. For a replay call, dial 855-859-2056, conference ID 1253867.
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