Well, that didn't take long. Home furnishings retailer At Home Group (NYSE: HOME) is reportedly looking to put itself on the market, more than two years after its August 2016 IPO. Reuters says it became an acquisition target after two consecutive quarters of underperformance caused its stock to lose...
And then there were two. Less than a month after Disney (NYSE: DIS) closed its acquisition of Twenty-First Century Fox, which included its 30% share of Hulu, the streaming service itself has acquired AT&T's (NYSE: T) 9.5% stake. That leaves just Disney and Comcast (NASDAQ: CMCSA) as the joint owners...
U.S. stocks climbed on Tuesday morning following a bevy of better-than-expected earnings reports. As of 10:40 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 35 points to 26,420, the S&P 500 (SNPINDEX: ^GSPC) gained 6 points to 2,911, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 32...
What happened Shares of McDermott International (NYSE: MDR) jumped 11% on Tuesday morning after the energy and construction firm said that the first stage of the Cameron liquid natural gas project in Louisiana is finally ready for commissioning after a series of cost overruns. So what McDermott and joint venture partner Chiyoda...
All eyes are on the Canadian marijuana industry -- and for good reason. Last year, it became the first industrialized country in the world to legalize recreational cannabis. Once the industry is fully up and running, it should be capable of up to $6 billion in annual sales by...
What happened Shares of Phunware (NASDAQ: PHUN) made another big move on Monday, following up on huge volatility over the previous week. This time, another patent-related announcement moved the stock as much as 18.4% higher. By 12:35 p.m. EDT, Phunware's shares had fallen back to a 7.7% gain. So what Last week,...
What happened Shares of Assembly Biosciences (NASDAQ: ASMB), a biopharmaceutical company developing a potential new treatment for hepatitis B virus (HBV), are falling after the company presented mid-stage clinical trial results. Investors unimpressed with interim data from two trials with the company's lead candidate, ABI-H0731, have pressed the stock 21.6%...
After the market close last Thursday, Disney (NYSE: DIS) unveiled details about its long-awaited streaming service, Disney+. When the market opened on Friday, investors bid shares up 11.5% to an all-time high. At the same time, Netflix (NASDAQ: NFLX) saw its stock fall 4.5%. It looks like Wall Street...
What happened Shares of auto parts supplier Adient (NYSE: ADNT) continued on a hot streak on Monday, jumping more than 10% after the company provided preliminary fiscal second-quarter results and announced a secured note offering designed to refinance some of its existing debt load. So what Adient, a seating specialist that was...
We think of retirement as a relaxing, carefree time in our lives when we can do whatever we please, but for many working Americans today, retirement will be more of a nightmare than a dream. Study after study has shown that many Americans are well behind where they should...