What happened
Shares of Brookfield Renewable Partners (NYSE: BEP) (NYSE: BEPC) dropped 5% at the open today, and remained down more than 4% as of 11:00 a.m. EDT. One of the world's largest investors in renewable energy had a busy news day on Monday.
What happened
Shares of casino operator Caesars Entertainment (NASDAQ: CZR) rose an impressive 22% in September according to data from S&P Global Market Intelligence. That added to an incredible multi-month run. Down nearly 90% at one point during the early 2020 bear market,
When it announced a 32 million share public common stock offering yesterday, sports betting company DraftKings (NASDAQ: DKNG) also provided third-quarter 2020 guidance as part of its stock prospectus. The preview showed revenue mostly in line with analyst consensus, but also r
What happened
Units of Enterprise Products Partners (NYSE: EPD) slumped by about 10% in September, according to data provided by S&P Global Market Intelligence. Weighing on the MLP was an update on its growth prospects.
What happened
Shares of Alteryx (NYSE: AYX) were surging today after the company announced better-than-expected revenue growth for the third quarter, and named a new CEO in a surprising move.
Democratic presidential nominee Joe Biden is clearly leading the 2020 presidential race, according to various sources. The most-popular prediction market, predictit, reported that Joe Biden is leading Donald Trump 64 to 39. smarkets.com expects to have a Joe Biden Presidency, as
NEW YORK/LONDON/MILAN/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Canadian National Railway Company CNI achieved another monthly record in September by moving 2.8 million metric tonnes (MMT) of Canadian grain. With this, the company has broken its previous September record of moving 2.6 MMT (in 2016) Canadian grains. In August, Canadian Nation
(RTTNews) - Apple Inc. has stopped selling headphones and audio products made by rival companies from its online and physical stores as the tech giant prepares to launch its own audio products, Bloomberg reported.
Barrick Gold Corporation GOLD stated that it has wrapped the earlier-announced deal with Skeena Resources Ltd. Pursuant to the transaction, Skeena exercised its option to acquire the Eskay Creek project and Barrick waived its back-in right on the project. The move is in line wit
LyondellBasell Industries N.V. LYB inked a definitive agreement with Sasol to form a 50-50 joint venture (JV). Through the JV, LyondellBasell will acquire 50% of Sasol's 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants along with associated in
Flowers Foods, Inc. FLO appears to be placed on solid grounds, thanks to its vigorous growth efforts and increased buying due to the coronavirus-induced elevated at-home consumption. Markedly, the Zacks Rank #1 (Strong Buy) stock has rallied 13.2% in the past three months compar
LONDON (Reuters Breakingviews) - The UK housing market could do with a well-aimed bazooka. Prime Minister Boris Johnson wants to help 2 million Britons buy their first home, he declared in a speech on Tuesday. The danger is that he makes properties even costlier while le
Despite the pandemic-induced uncertainty in the market, several consumer staple firms are on safe grounds. These players are benefiting from increased demand stemming from elevated at-home consumption of food, beverages and other essentials as well as pantry loading trends due t
Ryanair Holdings RYAAY posted disappointing traffic numbers for September, primarily due to weak air travel demand stemming from the COVID-19 pandemic. This Ireland-based carrier reported a 64% year-over-year plunge in September traffic to merely 5.1 million passengers.
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