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Shares of Illumina, Inc. (ILMN) tanked over 22% in extended trading session on Thursday after the company lowered its outlook for the full year. The company now expects full-year revenue to grow 4% to 5%, loss of $2.93 to $2.78 per share and adjusted earnings of $2.75 to $2.90 per share. Previously,...

wallstreet aug31 11aug22 Stocks showed a strong move to the upside in early trading on Thursday but gave back ground over the course of the session. The major averages showed a notable downturn after reaching their best intraday levels in three months.

wallstreet sept13 11aug22 After showing a strong move to the upside early in the session, stocks have given back some ground over the course of the trading day on Thursday. The major averages have pulled back well off their highs of the session, with the Nasdaq briefly dipping below the unchanged line.

uscoronavirus aug11 After a week, daily Covid-positive cases in the United States have again crossed the 200,000 mark. With 220,566 new cases reported on Wednesday, the total number of people that have been infected with coronavirus in the country has risen to 92,562,436, as per Johns Hopkins University's latest data.

Mortgage rates, or interest rates on home loans, went up over the 5 percent mark, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 5.22 percent for the week ending...

disney plus 081122 Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating loss of more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV.

wallstreet july27 11aug22 Stocks have shown a strong move to the upside in morning trading on Thursday, extending the rally seen in the previous session. With the continued advance, the major averages have reached their best intraday levels in three months.

monicabertagnolli aug11 President Joe Biden has appointed world-renowned surgical oncologist Dr. Monica Bertagnolli as the new Director of the National Cancer Institute (NCI). Dr. Bertagnolli will be the 16th American and the first woman to lead the country's largest biomedical research institute.

The Australian dollar advanced against its most major counterparts in the European session on Thursday, as the demand for riskier assets improved on receding expectations for a larger rate hike from the U.S. Federal Reserve in the wake of a softer-than-expected U.S. inflation data. Official data showed...

CIRCOR International, Inc. (CIR), an engineering products maker, on Thursday said that it has appointed Tony Najjar as President, Chief Executive Officer, and named Arjun Sharma Chief Financial Officer. Najjar, who joined the company in 2015, has most recently served as the Chief Operating Officer...

Main Street Capital Corp. (MAIN) said that it has priced a public underwritten offering of 1.17 million shares of its common stock at $42.85 per share. In Thursday regular trading, MAIN was trading at $42.76 down $2.12 or 4.73%. The company expects net proceeds from the offering, after deducting...

Abbott (ABT) said a new study concluded that elevated levels of two proteins help predict how a person will recover from a traumatic brain injury. The research showed that when a clinician conducts a blood test for these brain proteins soon after a possible injury, they quickly get a more accurate picture...

us ppi 081122 After yesterday's report showing U.S. consumer prices came in flat in the month of July, the Labor Department released a separate report on Thursday showing producer prices unexpectedly decreased during the month. The Labor Department said its producer price index for final demand fell by 0.5 percent in July after surging by a revised 1.0 percent in June.

Semiconductor Manufacturing International Corp. reported second quarter profit attributable to owners of $514.33 million, a decline of 25.2% from prior year. Earnings per share was $0.06 compared to $0.09. Gross profit was $750.5 million, compared to $405.0 million, a year ago. Gross margin was 39.4%,...

OLED microdisplay maker eMagin Corp. (EMAN) reported Thursday a second-quarter net loss of $1.44 million or $0.02 per share, wider than $0.28 million or $0.00 per share in the prior-year quarter. Excluding items, adjusted net loss for the quarter were $0.02 per share, compared to adjusted net loss...

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