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New York-based cannabis company Acreage Holdings Inc. has temporarily furloughed 122 employees, terminated its acquisition of Nevada-based Deep Roots Medical LLC, and announced other cost-cutting measures in response to the coronavirus pandemic. The company noted that the COVID-19 pandemic and other...

America's biggest banks to defend their plans to continue paying dividends in submissions their annual capital plans to the Federal Reserve on Monday, the Financial Times reported on Sunday, citing people familiar with the situation. The report specified that the Europe's regulators want lenders...

Shares of prepaid debit card payment solutions provider PaySign, Inc. (PAYS) are climbing more than 13% Friday morning after reporting full-year earnings results.

Shares of China Xiangtai Food Co., Ltd. (PLIN), primarily engaged in pork processing in China, are climbing more than 10% Friday morning.

Constellation Brands Inc. (STZ) said that it expects beer sales growth for fiscal year 2021 to be 7%-8% including the impact of the Ballast Point divestiture and annual organic net sales growth of 8%-10%. In Wine and Spirits segment, the company expects net sales and operating income for fiscal year...

Constellation Brands Inc (STZ) released earnings for fourth quarter that fell from the same period last year. The company's profit came in at $0.40 billion, or $2.04 per share. This compares with $1.24 billion, or $6.37 per share, in last year's fourth quarter. Excluding items, Constellation Brands...

While reporting financial results for the fourth quarter and fiscal 2019 on Friday, Chinese real estate developer Xinyuan Real Estate Co., Ltd. (XIN) said it expects contract sales for the full year 2020 to be in the range of RMB 20 billion and RMB 22 billion. However, the outlook may be subject to...

Xinyuan Real Estate Co. Ltd. (XIN) released earnings for fourth quarter that dropped from the same period last year. The company's earnings came in at $33.94 million, or $0.62 per share. This compares with $70.10 million, or $1.13 per share, in last year's fourth quarter. The company's revenue...

Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK, HMRZF.PK, HEN.L) reported Friday that its first-quarter profit after tax more than doubled to 1.92 billion Swedish kronor from last year's 803 million kronor. Earnings per share were 1.16 kronor, up from 0.49 krona per share. Excluding the...

boston scientific 040220 Boston Scientific Corp. said Thursday that to lessen the impact of the coronavirus pandemic on its business, it will significantly reduce the salaries of its chief executive officer, directors and executive committee members. The company also intends to temporarily reduce work week schedules for employees, where appropriate. The medical device maker said these measures are to reduce costs.

Shares of Meridian Bioscience, Inc. (VIVO) are surging more than 16% after reporting better-than-expected second-quarter preliminary revenue.

Shares of drugstore chain Walgreens Boots Alliance, Inc. (WBA) are down more than 6% Thursday morning to touch a new low of $39.40. While reporting second-quarter results today, the company said it is not in a position to forecast the future impacts of Covid-19.

Shares of Starbucks Corporation (SBUX) are climbing more than 4% Thursday morning despite the market opened in red after the jobless claims hit a record of 6.65 million for the last week. There are no company-specific news that drove the stock up.

Shares of Shopify Inc. (SHOP) are losing more than 8 percent in Thursday's trading at $353.58. The shares have traded in a range of $190.38 to $593.89 in the past 52 weeks. Wednesday, Shopify said it is suspending its financial outlook for full year 2020 due to the uncertainty surrounding the coronavirus...

Industrial technology company Acuity Brands, Inc. (AYI) reported Thursday that net income for the first quarter declined to $57.2 million or $1.44 per share from $66.3 million or $1.67 per share in the prior-year quarter. Adjusted net income for the quarter was $73.1 million or $1.84 per share, compared...

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