Pembina Pipeline Sets Positive Outlook for 2024
Pembina Pipeline announces positive outlook for 2024 with strong financial forecast and strategic capital investments.
Bluebird bio's Sickle-Cell Disease Treatment Faces Setbacks
Bluebird bio's sickle-cell disease treatment faces setbacks after FDA approval, leading to stock decline and market competition. Casgevy, a competitor's treatment, poses a challenge with lower price and lack of black-box warning.
Krispy Kreme Faces Backlash Over Paris Store Opening
Krispy Kreme faces backlash in Paris for its store opening and poster campaign, deemed illegal and polluting by the deputy mayor.
The November Jobs Report: A Closer Look
The November jobs report reveals positive trends in the U.S. economy with increased job growth, decreased unemployment rate, and signs of wage growth. Economists provide insights on the implications for the Federal Reserve and interest-rate...
Johnson Outdoors Inc. Faces Significant Decline in Stock
Johnson Outdoors Inc. stock experiences 19% decline following Q4 loss and missed sales estimates, attributed to end of pandemic-driven demand and higher retail inventory levels.
Danske Bank Raises Full-Year Net Profit Guidance
Danske Bank raises its full-year net profit guidance, citing strong credit quality and negligible impairments in the fourth quarter. Chief Financial Officer remains cautious due to high uncertainty ahead. Final figures to be disclosed in th...
Sportsman's Warehouse Struggles with Discounts and Inventory
Shares of Sportsman's Warehouse decline as the company resorts to deep discounts to clear out old inventory, leading to wider loss projections. Despite better-than-expected third quarter results, the sporting-goods retailer faces challenges...
McDonald's Expanding and Innovating
McDonald's announces plans to open 10,000 new stores, introduce innovation, and highlight the popularity of chicken dishes.
Nikola Stock Falls as Company Raises More Money
Nikola's stock price decreased by 20% after announcing plans to raise $100 million in common stock and $200 million in convertible notes. The company, known for its hydrogen fuel cell-powered trucks, has seen a decline in investor enthusias...
Dollar General's Q3 Profits Decline
Dollar General's profit declined in Q3 despite higher sales and customer traffic. Factors impacting gross margin rate and CEO's perspective.