Category: Uncategorized

Dec 28
STORE Capital terminates executive chairman 'without cause'

STORE Capital Corp. STOR, -0.29% disclosed Tuesday that it has terminated Executive Chairman Christopher Volk “without cause.” As a result, Volk will resign as chairman of the board and as a board member or as manager of any company affiliates. Shares of the real estate investment trust focused on single-tenant operational real estate were little […]

Dec 28
Digital Turbine's stock surges to extend win streak after Google partnership

Shares of Digital Turbine Inc. APPS, +3.88% shot up 9.7% in premarket trading Tuesday, putting them on track to post a seventh-straight gain, after the media and mobile communications company announced a multi-year partnership with Alphabet Inc.’s GOOGL, -0.42% Google. With the partnership, Digital Turbine will with with Google Cloud partner SADA to implement Google’s […]

Dec 28
Mercury Systems adopts 1-year 'poison pill,' following disclosure of Jana Partners acquiring a 6.6% stake

Mercury Systems Inc. MRCY, +1.53% said Tuesday that it has adopted a one-year shareholder rights plan, also known as a “poison pill,” as protection from a hostile takeover during a period in which the aerospace and defense technologies company believes its stock is undervalued. The stock, which were indicated up nearly 4% in premarket trading, […]

Dec 28
Kinksa Pharmaceuticals stock tumbles after treatment of COVID-related ARDS disappoints in late-stage trial

Shares of Kiniksa Pharmaceuticals Ltd. KNSA, -1.28% tumbled 15.1% in premarket trading Tuesday, after the biopharmaceutical company said a Phase 3 trial of mavrilimumab for treatment of COVID-19-related acute respiratory syndrome (ARDS) failed to meet the primary efficacy endpoint. The company said a total of 582 patients in the Phase 3 trial were randomized to […]

Dec 28
Apple's stock set to open in record territory, as it looks to extend win streak

Shares of Apple Inc. AAPL, -0.34% rose 0.3% in premarket trading Tuesday into record territory, as investors appeared undeterred by the technology behemoth closing stores in New York City to shoppers following a surge in COVID-19 cases. The stock ran up 2.3% on Monday to its 24 record close of the year, and has climbed […]

Dec 28
Covidien, Medtronic, Layne Christensen, are stocks to watch

MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co. Medtronic MDT, +1.49%  announced a deal on Sunday to buy Ireland-based Covidien PLC US:COV in a $42.9 billion cash-and-stock deal.   Layne Christensen US:LAYN  is […]

Dec 28
Intel, Finisar are Friday’s stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trading in Friday’s session are Intel Corp. and Finisar Corp. After Thursday’s closing bell, Intel INTC, +1.23%  said it is raising its second-quarter revenue outlook on improving PC demand. Intel now expects sales for the current quarter at $13.7 billion, plus […]

Dec 28
Lululemon, Finisar, Target are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, +2.35%  is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance […]

Dec 28
DuPont, Nike, KB Home are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike Inc., and KB Home. DuPont DD, +1.62% : The chemical company late Thursday cut its second-quarter and full year profit outlook due to worse-than-expected performance of its agriculture unit. Shares fell 1.9% in extended […]

Dec 28
Bed Bath & Beyond, GoPro, Nike are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Bed Bath & Beyond Inc., GoPro Inc., and Nike Inc. After Wednesday’s closing bell, Bed Bath & Beyond BBBY, +0.38%  reported quarterly earnings that fell short of analysts’ estimate. Shares fell 5.7% in after hours. GoPro […]