GE Stock Tanks Amidst Fraud Accusations: What This Means for Investors
GE stock dropped 11.3% today as General Electric (NYSE:GE) was accused of concealing serious financial mishandling. Opaque Financial Reports The accusations were made by fraud investigator Harry Markopolos, who also blew the whistle on Bernard Madoff’s ... [Read]
BYND Stock Plunges 13% On No News But Speculations Abound
BYND stock is down in double-digits Thursday, despite the plant-based meat substitutes company staying quiet. Sometimes this happens for no reason. But this time, people are speculating what caused the nearly 15% drop. And what ... [Read]
CSCO Stock Drops 8% After Uninspiring Q1 2020 Forecast
CSCO stock dropped 8% in Thursday’s trading after Cisco Systems Inc (NASDAQ:CSCO) gave uninspiring sales and profit projections below Wall Street estimates. The company indicated that the expected US trade tariffs and the snubbing of ... [Read]
AT&T Invests More Than $700 Million Over 3-Year Period to Boost Local Networks in the Metro Detroit Area
This Post Was Syndicated Under License Via QuoteMedia DETROIT, Aug. 15, 2019 /PRNewswire/ — At AT&T1, we’ve invested more than $700 million in our Metro Detroit area wireless and wired networks during 2016-2018. These investments boost reliability, ... [Read]
Universal mCloud Announces Second Quarter 2019 Financial Results
Quarter over quarter organic revenue growth of 36% to C$3.0 million Year over year revenue growth of 443% Year over year normalized income losses reduced to C$132,368 from C$2.6 million standalone VANCOUVER, Aug. 15, 2019 /CNW/ – Universal mCloud Corp. (TSX-V:MCLD)(OTCQB:MCLDF) (“mCloud” ... [Read]
Advanced Fan-out Technology Breakthrough: Deca Technologies’ M-Series(TM) Identified in Samsung S10, Xiaomi Mi 9 and LG G8 Handsets
This Post Was Syndicated Under License Via QuoteMedia TEMPE, Ariz., Aug. 14, 2019 (GLOBE NEWSWIRE) — Deca Technologies, a wafer-level electronic interconnect solutions provider to the semiconductor industry, today announced that Industry researchers Yole and ... [Read]
Mylan Stock Drops 8.5% After US Lawmakers Slam MYL
Mylan stock has dropped 8.5% today after Mylan (NASDAQ:MYL) was slammed by two prominent US lawmakers. Coordinated Obstruction The company, along with two other major pharmaceuticals, is being investigated as part of an ongoing probe ... [Read]
M Stock Plunges 15% on Poor Q2 Report Caused by Store-Wide Markdowns
Macy’s (NYSE:M) has a big problem. Not only did it report a weaker-than-expected earnings report Wednesday, but M stock is now in free fall, currently down in double-digits. Here’s what happened. M Stock Plunges on ... [Read]
FB Stock Declines as Contractors Used to Transcribe Audio Chats
Facebook (NASDAQ:FB) stock is down over 4% at the time of writing as more privacy concerns have emerged. According to a third party whistle-blower, the social media giant has paid hundreds of outside contractors to ... [Read]
ROKU Stock is the Biggest Gainer in 2019: Are You Holding?
Over the past week, ROKU stock has jumped over 30% after Roku Inc (NASDAQ:ROKU) posted solid quarterly earnings last week. Since the beginning of this year, ROKU stock has experienced sharp gains, and it seems ... [Read]