One week after closing its acquisition of networking hardware company Mellanox Technologies, NVIDIA (NASDAQ: NVDA) announced today that it plans to acquire data center networking specialist Cumulus Networks.
German chipmaker Infineon Technologies on Monday said that it expects sales to decrease by 5% in the fiscal year to Sept. 30 because of the impacts of the coronavirus pandemic, compared to an original target of a 5% increase.
(RTTNews) - After coming under pressure early in the session, stocks showed a significant turnaround over the course of the trading day on Monday. The major averages all bounced well off their early lows and into positive territory.
Insurer American International Group Inc on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the COVID-19 outbreak, which it called the single largest catastrophe loss the industry has ever seen.
What happened
In early trading Monday, shares of Carnival Corporation (NYSE: CCL) sank 8.5% and Royal Caribbean (NYSE: RCL) dove 9.2%, while Norwegian Cruise Line Holdings (NYSE: NCLH) fared worse than either of those -- plunging 12.5%.
On 5/6/20, Canadian Utilities Ltd's Cumulative Redeemable Preferred Shares Series 1 (TSX: CIU-PRA.TO) will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 6/1/20. As a percentage of CIU.PRA's recent share price of $20.83, this dividend works out to approx
Britain will start testing its own COVID-19 tracing app on the Isle of Wight from Tuesday, hoping that the technology in combination with more testing and tracking will help limit transmission of the coronavirus.
Uber Technologies (NYSE: UBER) is alleged to have engaged in anticompetitive practices that resulted in rival Sidecar Technologies going out of business, a point Sidecar's successor company will be allowed to pursue in a lawsuit against the ride-sharing leader.
What happened
Shares of ridesharing service Lyft (NASDAQ: LYFT) were trading lower on Monday, after two analysts cut their price targets for the stock ahead of the company's first-quarter earnings report.
In trading on Monday, shares of Enbridge Inc's Cumulative Redeemable Preference Shares, Series P (TSX: ENB-PRP.TO) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $1.0948), with shares changing hands as low as $12.45 on the day. As of last c
In trading on Monday, shares of Canadian Utilities Ltd's Cumulative Redeemable Second Preferred Shares Series Y (TSX: CU-PRC.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.8508), with shares changing hands as low as $14.94 on the day.
Canada's central bank will do its part to help bridge the economy through the coronavirus pandemic while standing ready to adjust its asset purchases to support a lasting recovery, Bank of Canada Senior Deputy Governor Carolyn Wilkins said on Monday.
Texas won't be joining oil-producing nations around the world by mandating producers under its jurisdiction reduce their output. The state's oil regulator, the Texas Railroad Commission, had been reviewing a proposal from leading drillers Parsley Energy (NYSE: PE) and Pioneer
The Mexican Department of Epidemiology has approved for sale a COVID-19 diagnostic test manufactured by Co-Diagnostics (NASDAQ: CODX). In addition, CoSara, a joint venture that the molecular diagnostics company formed in India, has also been cleared to sell test kits in the worl
Loan officers at U.S. banks reported significantly tightening standards and terms on business loans in the first three months of the year as the coronavirus outbreak in the United States began to shutter large parts of the economy and millions became newly unemployed.
(RTTNews) - The Switzerland stock market ended sharply lower on Monday amid an escalation in U.S.-China tensions over the origin of the coronavirus outbreak.
Health care stocks were struggling this afternoon, with the NYSE Health Care Index declining 0.6% while the SPDR Health Care Select Sector ETF was down almost 0.7%.
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