(RTTNews) - The South Korea stock market has finished higher in three straight sessions, gathering more than 60 points or 2.8 percent along the way. The KOSPI now rests just above the 2,310-point plateau and it may extend its gains on Thursday.
What happened
Shares of Teladoc Health (NYSE: TDOC) and Livongo Health (NASDAQ: LVGO) fell sharply on Wednesday, after the two tech-focused healthcare companies announced their plans for a merger. By the close of trading, Teladoc and Livongo's stocks were down 19% and 11.4%, re
The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion and will work to help mobilize public and private financing for reconstruction and recovery.
Novavax Inc said on Wednesday it has entered a supply and license agreement with the Serum Institute of India for the development and commercialization of its COVID-19 vaccine candidate.
Manulife Financial Corp on Wednesday comfortably beat analyst estimates for second-quarter core profit, which rose from a year earlier due in part to favorable policyholder experience and market impacts.
United Insurance Holdings (UIHC) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.
Medifast (MED) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.
Fiesta Restaurant Group (FRGI) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.
U.S. regulators have assured scientists that political pressure will not determine when a coronavirus vaccine is approved even as the White House hopes to have one ready ahead of the November presidential election, infectious disease expert Anthony Fauci said on Wednesday.
(RTTNews) - Costco Wholesale Corp. (COST) reported net sales of $13.04 billion for the retail month of July, an increase of 14.1 percent from last year. Total company comparable sales were up 13.2%, during the four-week period. Excluding the impacts from change in gasoline price
Brazilian renewable energy company Omega Geração is looking again at growth opportunities based on signs that a coronavirus-driven recession will not be as drastic as first feared, its chief executive said on Wednesday.