logo

Corporate News

Share

Shares of steel products maker ZK International Group Co., Ltd. (ZKIN) jumped over 35% on Wednesday morning after its subsidiary launched blockchain DeFi protocol. ZKIN is currently trading at $2.40, up $0.65 or 37.14%, on the Nasdaq. ZK International's wholly-owned subsidiary, xSigma Corp., is...

Shares of luxury department store chain Nordstrom, Inc. (JWN) are rising more than 13% Wednesday morning on better-than-expected third-quarter earnings.

Shares of Gap Inc, (GPS) are falling more than 17 percent or $4.66 in Wednesday's morning trade at $22.22 after the apparel retailer's third-quarter net income declined from last year. Tuesday, Gap reported third-quarter net income of $95 million or $0.25 per share, down from $140 million or $0.37...

Shares of biotechnology company AnPac Bio-Medical Science Co., Ltd. (ANPC) are surging more than 90% Wednesday morning after the company reported strong demand for its cancer screening tests and set a record in paid test volume in the third quarter.

Intuit (INTU) and Credit Karma said that they have entered into a consent decree with the U.S. Department of Justice, a step in completing their merger. The companies have also entered into an Assurance of Discontinuance with the New York State Attorney General. In addition, Intuit and Credit Karma...

Shares of Fisker Inc. (FSR), a manufacturer of electric vehicles, are rising more than 18 percent or $2.90 in Wednesday's morning trade at $18.87. According to reports, Citi initiated coverage of the company with a "buy" rating and assigned a 12-month price target of $26 per share. Fisker has...

Shares of Autodesk Inc. (ADSK) reached a 52-week high of $282.46 today, and are currently trading at $277.02, up $18.05 or 6.97% in the regular trading session Wednesday. The company reported Q3 GAAP net income of $132.2 million or $0.59 per share compared to $66.7 million or $0.30 per share last...

Shares of VMware Inc. (VMW) are currently trading at $141.14, down $9.37 or 6.23%, with trading volume of 667K more versus an average volume of 1.13 million shares. The stock has been trading in the range of $86.00 - $172.34 for the past one year. The company raised its financial forecast for fiscal...

Shares of Chinese carrier and cloud-neutral Internet data center services provider, 21Vianet Group, Inc. (VNET) are surging more than 20% Wednesday morning on better-tha-expected third quarter earnings.

Shares of Chinese e-commerce platform iYunji Inc. (YJ) are currently climbing over 18% on news that it inked an agreement with Douyin, a Chinese live streaming platform owned by Bytedance. YJ is currently trading at $5.09, up $0.80 or 18.60%, on the Nasdaq. Yunji signed a cooperative framework...

Shares of Canada Goose Holdings Inc. (GOOS), a Canada-based winter clothing manufacturer, are losing more than 8 percent or $3.13 in Wednesday's morning trade at $35.52. According to reports, Canada Goose received a two-notch downgrade by BTIG, to a "sell" rating from "buy". BTIG reportedly said...

ViacomCBS Inc. (VIAC, VIACA) said Wednesday that it agreed to sell the publishing business Simon & Schuster to Penguin Random House LLC, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. The divesture follows a strategic review of non-core assets the company undertook...

International Business Machines Corp. (IBM) is planning to cut about 10,000 jobs in Europe as part of its efforts to cut costs at its services unit ahead of planned spinoff of the business, Bloomberg reported Wednesday, citing people familiar with the matter. According to the Bloomberg report, the...

jpmorganchase nov25 JPMorgan Chase Bank, N.A., a unit of JPMorgan Chase & Co., has agreed to pay $250 million penalty over the bank's failure to maintain adequate internal controls and internal audit over its fiduciary business. In a filing with the U.S. Securities and Exchange Commission, the company said JPMorgan Chase Bank has entered into a resolution with the Office of the Comptroller of the Currency or OCC.

crock pot6 recall 112520 Sunbeam Products, Inc. recalled about 942,760 units of Crock-Pot 6-Quart Express Crock Multi-Cookers for potential burn hazards, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. These include about 28,330 units sold in Canada.

Follow RTT