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Shares of Global Payments Inc. GPN, -5.85% were fell 4.2% in premarket trading Monday, after the payment technology company reported third-quarter revenue that rose above expectations while profit matched, and affirmed its full-year outlook. Net income was $290.5 million, or $1.05 a share, after $296.7 million, or $1.01 a share, in the year-ago period. Net […]
The U.S.-listed shares of China-based companies took a broad beating in early trading Monday, after data showing factory and services activity in China contracted in October. The iShares China Large-Cap ETF FXI, -2.60% dropped 3.1% in premarket trading, putting them on track to open at the lowest price seen during regular-session hours since October 2008. […]
The common theme of advice revolved around focusing on long-term goals and avoiding short-term distractions be it price volatility or negative mainstream news. 1170 Total views 21 Total shares The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 […]
Invisalign maker Align Technology Inc. ALGN, +3.91% announced Monday that it has entered into a $200 million accelerated stock repurchase (ASR) program with Goldman Sachs & Co. LLC. The medical device company’s stock, which fell 1.4% in premarket trading, has plunged 71.3% this year, to make it the S&P 500’s SPX, +2.46% worst year-to-date performer, […]
Workers in a manufacturing facility that assemble Apple Inc.’s AAPL, +7.56% iPhone in the Chinese city of Zhengzhou appear to have left to avoid COVID-19 curbs, with many traveling on foot for days after an unknown number of employees were quarantined in the facility after a virus outbreak, the Associated Press reported. Videos circulating on […]
Shares of Emerson Electric Co. EMR, +1.76% gained 0.7% in premarket trading, after automation technology and software company confirmed Monday an agreement to sell a majority stake in its climate technologies business to Blackstone Inc. BX, +0.68% in a deal that values the business at $14.0 billion. The deal was originally reported by The Wall […]