(RTTNews) - The Switzerland stock market ended notably lower on Thursday, in line with the trend seen across Europe, as worries about surging coronavirus cases and pace of economic recovery continued to hurt sentiment.
What happened
Shares of movie theater chain AMC Entertainment (NYSE: AMC) fell today, losing as much as 9% this morning, after the company announced a stock offering. They had largely recovered as of 1:51 p.m. EDT and were only down by 1%.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) had another volatile session on Thursday. The benchmark was significantly lower at the open, continuing the drop from the previous day. But investors got some more confidence later in the morning. By 1 p.m. EDT, the Nasdaq was up more th
(RTTNews) - European stocks closed lower on Thursday as worries about a second wave of coronavirus across the region and growing uncertainty about the pace of economic recovery rendered the mood bearish.
What happened
Shares of E.W. Scripps (NASDAQ: SSP) have skyrocketed today, up by 15% as of 1:13 p.m. EDT, after the company announced it was acquiring ION Media for $2.65 billion. Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is helping to fund the deal.
At the Xbox showcase presented at this year's Tokyo Game Show on Thursday, Microsoft (NASDAQ: MSFT) said it plans to launch its xCloud video-game streaming service in Japan by June of next year.
In a bid to further help small businesses, Mastercard Inc. MA together with PayPal Holdings, Inc. PYPL has announced the expansion of PayPal Business Debit Mastercard across the globe.
As far as the names are concerned-you couldn't draw up a better investor-investee match. Yesterday, GOAT announced a $100 million Series E funding round led by D1 Capital Partners.No, it's not a SPAC founded by Michael Jordan or an e-commerce store for farm animals.GOAT is
Sports betting company DraftKings (NASDAQ: DKNG) revealed in a press release late yesterday it is expanding its board of directors to 15 members and is adding a pair of directors. Both new directors are women with considerable experience in fields related to DraftKings' activiti
The efforts to contain COVID-19 have resulted in a massive supply/demand imbalance in the energy sector, leaving oil trading at a very low level. Investors have fled the sector, which creates a potential opening for long-term investors looking for cheap stocks. Here are three wo
The COVID-19 pandemic has caused a lot of economic disruptions, and workers have felt the brunt of the impact. Tens of millions of people lost their jobs during the shutdowns in the early months of the pandemic. Even now, unemployment levels remain elevated, and an unexpected ri
(RTTNews) - Following the sell-off seen in the previous session, stocks have fluctuated over the course of the trading day on Thursday. The major averages have spent the day bouncing back and forth across unchanged line.
What happened
Shares of Owens & Minor (NYSE: OMI) were soaring 55.2% higher as of 11:38 a.m. EDT on Thursday. The huge jump came after the healthcare solutions company raised its full-year 2020 earnings guidance from a range of $1 to $1.20 per share to a range of $1.75 to $1
Smith & Wesson Brands (NASDAQ: SWBI) recently spun off its outdoor recreation business to focus on its firearms business. Because of that, one Wall Street analyst says the gunmaker is perfectly poised to garner significant momentum.