Demand for Barbie dolls and toys based on"Jurassic World" and"Toy Story" led Mattel to a narrower-expected-loss during the first quarter. div >div.group >p:first-child">Shares of the toy maker skyrocketed as much as 14 percent after the closing bell Thursday.
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Asian shares dip; euro weighed by sagging German business moraleAsian shares slipped on Thursday as a surprise deterioration in German business ... So why are you showing a picture of the Nikkei up 500 points
Source: Reuters - 🏆 2. / 97 Read more »
Fastly files for IPO, with class A shares to list on NYSEFastly Inc. has filed Friday for an initial public offering of class A shares. The "edge cloud" platform company, which allows developers to deliver digital experiences "at the edge of the internet," hasn't determined the number of shares it will sell. Fastly will have a dual class share structure, with class A shares entitled to one vote and class B shares entitled to 10 votes. The company has applied to have its class A shares listed on the New York Stock Exchange, under the ticker symbol "FSLY." Fastly recorded a net loss of $30.9 million on revenue of $144.6 million in 2018, after a loss of $32.5 million on revenue of $104.9 million in 2017. The lead underwriters of the IPO are BofA Merrill Lynch, Citigroup and Credit Suisse. The company is looking to go public at a time that the Renaissance IPO ETF has rallied 29% year to date and the S&P 500 has gained 16%.
Source: MarketWatch - 🏆 3. / 97 Read more »
Facebook shares surge as Wall Street analysts rave over earnings: 'What a start to 2019'Wall Street was enamored Thursday morning with Facebook's first-quarter earnings report, with a handful of brokerages lauding its results. the biden effect What a 🐊 of 💩! These numbers need to be audited. Not their books mind you—Wall Street’s digital infrastructure 💋💋 A mesmerizing tale
Source: CNBC - 🏆 12. / 72 Read more »
Thomas Cook shares rise on report of possible takeoverThomas Cook had put its airline business up for sale and closed stores this year, following a heat-wave in northern Europe last summer. What's a popsicle takeover have to do w/ Tim Cook, the CEO of Apple? Oh...nevermind. SNL
Source: CNBC - 🏆 12. / 72 Read more »
Altria misses first-quarter earnings, revenue expectationsAltria shares slid 2% after the company missed first-quarter earnings, revenue expectations. Altria = cancer sticks Good Getting ‘smoked’.
Source: CNBC - 🏆 12. / 72 Read more »
SAP shares spike after Elliott reveals $1.3 billion stakeActivist investor Elliott revealed a $1.3 billion stake in SAP on Wednesday and said it supported a new management efficiency drive, sending shares in the German business software company to a record high.
Source: CNBC - 🏆 12. / 72 Read more »