Energy Dominates Yesterday’s Biggest Movers
Article By:
Bespoke Investment Group
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Tuesday, September 17, 2019 10:04 AM EDT
Of the S&P 1500’s stocks, Whiting Petroleum (WLL) gained the most yesterday with a nearly 50% gain. Volumes for WLL were also over 5 times higher than the average over the past 50 days.
In this article: WLL
Zscaler Punished For Weak Outlook
Article By:
Sramana Mitra
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Monday, September 16, 2019 9:51 AM EDT
Enterprise cloud security company Zscaler beat analyst estimates for the fourth quarter but its weak outlook for FY2020 sent its stock tumbling.
In this article: ZS
Week In Review: Hansoh Signs $1.5 Billion Cross-Border Deal For AI-Drug Discovery With Atomwise
Article By:
ChinaBio® Today
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Saturday, September 14, 2019 4:53 PM EDT
China's Hansoh Pharma formed an AI-based small molecule drug discovery collaboration worth up to $1.5 billion with Atomwise of San Francisco.
DocuSign Focuses On The Mortgage Sector
Article By:
Sramana Mitra
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Friday, September 13, 2019 10:19 AM EDT
DocuSign’s second quarter revenues grew 41% to $235.6 million, ahead of the Street’s estimates of $221 million. Billings grew 47% to $252.4 million.
In this article: DOCU
Tilray To Sell Up To $400M In Shares Via Cowen
Article By:
Benzinga
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Wednesday, September 11, 2019 10:31 AM EDT
Cannabis company Tilray Inc. announced Tuesday via an 8-K filing that it has signed a sales agreement with Cowen and Company, LLC, upon which the company can issue and sell shares via Cowen with a total offering price of up to $400 million.
Okta Was A Casualty In The Cloud Computing Stock Slump
Article By:
Sramana Mitra
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Wednesday, September 11, 2019 10:10 AM EDT
Okta's revenues for the second quarter increased 49% to $140.5 million, ahead of the market’s forecast of $131.2 million. Net loss was $43 million, compared to $39.2 million a year ago.
In this article: OKTA
Elliott Brandishes Velvet-Clad Fist At AT&T
Article By:
Lipper Alpha Insight
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Tuesday, September 10, 2019 6:01 AM EDT
A decade of questionable decisions has left the $270 billion AT&T worth around 40% less than it should be.
In this article: T
Shades Of 2007: Subprime Auto Lender Verified Income On Only 3% Of Loans In Latest Bond
Article By:
Tyler Durden
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Tuesday, September 10, 2019 4:45 AM EDT
The US subprime auto industry is doing everything in its power to recreate another 2008 crisis. After all, it takes a (Potemkin) village.
In this article: SC
Japan Drug Firm Bets $3 Billion On Castoffs And Hype
Article By:
Lipper Alpha Insight
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Monday, September 9, 2019 9:05 PM EDT
The lucrative deal with Sumitomo is just the treatment Roivant needs to keep its model ticking. But it’s unlikely to fix what ails its Japanese partner.
In this article: DNPUF