(Cassava Sciences) Shares of Cassava Sciences were up more than 18% in premarket after its drug candidate simufilam showed breakthrough for mild to moderate forms of Alzheimer disease. In an…
(Seeking Alpha) China’s Evergrande shares at Frankfurt Stock Exchange rose 32% after its subsidiary Hengda Real Estate announced an interest payment due on Thursday. Hengda Real Estate unit said that…
(StreetInsider) The shares of Marin Software Inc. almost doubled in premarket trading after the company announced a revenue share agreement with search giant Google. Marin will develop Google’s enterprise tech…
(CNBC) Disney shares closed down 4.1% on Tuesday after CEO Bob Chapek said the company will add “low single-digit millions” of subscribers in the fourth quarter. Chapek expects the fresh…
(FedEx) FedEx Corp. reported a net income of $1.11 billion in the first quarter of 2022, a decline from $1.25 billion reported in the comparable quarter of 2021. The quarter…
(Adobe) Adobe, Inc. announced a net profit of $1.2 billion in the third quarter of 2021, an increase compared to $955 million in the same period last year. The company’s…
(WSJ) US Justice Department is reviewing national security risks posed by the $15 billion buy deal by Zoom Video Communications Inc. for Five9 Inc. The Justice Department says there could…
(PayPal) American financial giant PayPal Holdings Inc. has rolled out a new mobile application that integrates crypto, savings, and deposits under one platform. The new PayPal application is touted as…
(Helbiz) Helbiz Media, a broadcasting arm of Helbiz Inc., has inked a three-year deal with Amazon Italy to distribute Helbiz live content and the Italian Serie B Championship. The broadcast…
(BEA) The deficit on trade in goods and services and income flows between US residents versus the rest of the world was $190.3 billion in Q2, an increase of $0.9…
(WSJ) Google is expanding into physical office space with a $2.1 billion acquisition of Manhattan office building, amid continuing uptake of remote working. Google is currently a tenant in the…
(Census Bureau) US building permits for privately-owned housing units reached an annual rate of 1.728 million in August, up 6.0% from July. The permits are now 13.5% higher than the…