(CNBC) US Congress members will be banned from trading stocks if a planned legislation, which has earned the support of House Speaker Nancy Pelosi, passes. The House Administration Committee has…
(Chipotle) Chipotle Mexican Grill Inc. stock rose more than 8% on Wednesday after reporting revenues of $1.960 billion in the fourth quarter of 2021, up by 22% from the prior…
(Canopy Growth) Canopy Growth posted a net loss of $115.5 million in the third quarter of 2022, down from a net loss of $829.3 million in the prior year. Net…
(CNBC) Shares of Chinese electric vehicle maker Xpeng rose up to 11.5% on Wednesday as investors grew optimistic over inclusion in the Shenzhen-Hong Kong Connect. The inclusion into Shenzhen-Hong Kong…
(Bloomberg) Bloomberg’s Intelligence gauge for Chinese property developer shares rose 3% on Wednesday after Beijing eased a year-long cap on loans for the sector to finance public rental housing. The…
(Pfizer) Shares of Pfizer Inc. plunged more than 4% on Tuesday after the biotech company raised its vaccine sales by $1 billion to $32 billion in FY22, below forecasts of…
(WSJ) Peloton co-founder John Foley will end his 10-year role as CEO of the company and assume the role of an executive chair. Foley will be replaced by Barry McCarthy,…
(BP) Oil giant British Petroleum posted a net profit of $4.1 billion in the fourth quarter of 2021, more than an estimated $3.9 billion. The company’s underlying replacement cost profit,…
(WSJ) Softbank says it will pursue a public listing of its UK-based chip entity Arm following a collapse of the blockbuster $40 billion deal by Nvidia. The decision to call…
(CNBC) Meta has said it will cut off European users from Facebook and Instagram if its regulators block the transfer of data to the US. Meta says the block could…
(Spirit Airlines) Shares of American low-cost carrier Spirit Airlines rose more than 12% on Monday after agreeing to a $6.6 billion merger deal with Frontier Airlines. Spirit president and CEO…
(Reuters) US-based off-exchange trading venue operator Blue Ocean Technologies is working with Samsung Securities to avail trading of US stocks to Asian investors during Korean business hours. The new service,…