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Malaysian Stock: Supermax Corporation
Article By: Andrew Stotz
Friday, July 10, 2020 6:57 AM EDT
Supermax Corporation Berhad is a Malaysian investment holding company focused on manufacturing and distribution of medical gloves.
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Sony Acquires Minority Stake In Fortnite Maker Epic Games With $250M Investment
Article By: Benzinga
Friday, July 10, 2020 5:36 AM EDT
Sony Corporation has made a strategic investment of $250 million in Epic Games, the two companies announced Thursday.
In this article: SNE Also: TROW
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Phone Data Shows The Retail Recovery Has Stalled In Covid Hotspots
Article By: Mish Shedlock
Friday, July 10, 2020 12:07 AM EDT
Retail foot traffic is falling especially in COVID hotspot states.
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Mohawk Plunges As More Details From Shareholder Fraud Lawsuit Emerge
Article By: The Fly
Thursday, July 9, 2020 12:24 PM EDT
Shares of Mohawk Industries are under pressure on Thursday after a shareholder lawsuit recently added new court filings that allege multiple issues inside the company.
In this article: MHK
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Cloud Stocks: Appian Focuses On RPA For Growth
Article By: Sramana Mitra
Thursday, July 9, 2020 10:52 AM EDT
For the first quarter of the year, Appian saw revenues grow 31% over the year to $78.9 million, significantly ahead of the market’s forecast of $70.5 million.
In this article: APPN
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Walmart Forays Into Health Insurance In A Bid To Expand Health Care Offerings
Article By: Benzinga
Thursday, July 9, 2020 8:00 AM EDT
Walmart Inc is venturing into the sale of health insurance, a move that expands the retailer’s presence in the health care segment.
In this article: WMT Also: HUM
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Facebook Boycott: Here We Go Again
Article By: Noah Kiedrowski
Thursday, July 9, 2020 4:10 AM EDT
Facebook investors have been through a lot over the past two years. Now another challenge is confronting the company via an advertising boycott that’s growing into the hundreds of multinational companies.
In this article: FB Also: BBY, CLX, F, HPQ, K, VZ, MSFT, TWTR
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Medallia Looks To Verticalized Offerings And Acquisitions
Article By: Sramana Mitra
Wednesday, July 8, 2020 10:07 AM EDT
Revenues for the quarter grew 20% to $112.7 million, ahead of the market’s forecast of $107 million.
In this article: MDLA
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Broke Brothers - Oldest US Men's Retailer Files Chapter 11 Bankruptcy
Article By: Tyler Durden
Wednesday, July 8, 2020 9:17 AM EDT
This new COVID normal of (in)formal meetings seems to have been the last nail in the coffin of America's most iconic menswear retailers as Brooks Brothers has just filed for bankruptcy.
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DocuSign Buys Liveoak For $38M As It Looks To Offer Online Notary Service
Article By: Benzinga
Wednesday, July 8, 2020 6:45 AM EDT
DocuSign Inc. on Tuesday announced it had acquired virtual customer engagement and business platform Liveoak for $38 million in an all-stock deal.
In this article: DOCU Also: MSFT, WORK, ZM
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TikTok Under Investigation Over Violation Of Children's Privacy: Report
Article By: Benzinga
Wednesday, July 8, 2020 5:55 AM EDT
The short-form video application, TikTok, owned by China’s ByteDance, is under investigation by the United States Justice Department and the Federal Trade Commission for failing to protect children’s privacy.
In this article: SNAP, FB
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AMC Shares Add 12% As Report Says Company Nears Deal To Avoid Bankruptcy
Article By: Benzinga
Wednesday, July 8, 2020 4:53 AM EDT
The movie theater chain operator is close to accepting a $200 million senior debt financing offer led by private equity firm Silver Lake, according to the Journal.
In this article: AMC Also: APO, ARES
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Vir Biotechnology Announces Pricing Of Public Offering Of Common Stock
Article By: NASDAQ GlobeNewswire
Tuesday, July 7, 2020 3:11 PM EDT
Vir Biotechnology, Inc., today announced the pricing of its previously announced underwritten public offering of 7,142,857 shares of its common stock at a price to the public of $42.00 per share.
In this article: VIR
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Wal-Mart Plans To Launch Its "Amazon Prime Killer" Later This Month
Article By: Tyler Durden
Tuesday, July 7, 2020 12:15 PM EDT
With the Nasdaq trading at record highs on its sixth straight day in the green, largely thanks to Amazon surpassing $3,000 a share, Wal-Mart is gearing up to launch a new e-commerce subscription service called "Walmart+".
In this article: WMT, AMZN
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E Cannabis Central: Jushi Holdings Inc. Reports Impressive Q1 Financial Results
Article By: Lorimer Wilson
Tuesday, July 7, 2020 11:26 AM EDT
Jushi Holdings Inc., a multi-state cannabis and hemp operator (MSO), announced its Q1 financial results for the period ended March 31, 2020, and they were impressive across the board.
In this article: JUSHF
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Cornerstone OnDemand Looks To Acquisition For Growth
Article By: Sramana Mitra
Tuesday, July 7, 2020 10:39 AM EDT
Revenues for the first quarter grew 7% to $150.1 million with subscription revenues growing 10% to $144.4 million.
In this article: CSOD
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