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Pinduoduo Stock Gains 15% After Company Reports Triple-Digit Increase in Quarterly Revenue

One year following its IPO, Chinese mobile and internet e-commerce platform company Pinduoduo Inc. reported 169% revenue growth and an 88% growth in monthly active users. Shanghai-based virtual bazaar mobile e-commerce platform operator Pinduoduo Inc. (PDD:NASDAQ) t...
Streetwise Reports | August 22, 2019 |

Foot Locker Shares Trip and Fall on Lower Than Expected Earnings

Foot Locker Inc. shares set a 52-week intraday low after the firm reported Q2/19 earnings. The firm's shares are trading down more than 18% compounded by a day of market worries from China tariffs escalation. Global specialty athletic retailer Foot Locker Inc. (FL:NY...
Streetwise Reports | August 26, 2019 |

BJ's Club Shares Rise 18% on Q1 Comparable Store Net Sales Growth of 19.9%

Shares of BJ's Wholesale Club Holdings reached a new 52-week high price today after the company reported that comparable club revenues in Q1/20 excluding gasoline sales increased by 27% year-over-year. Membership warehouse club BJ's Wholesale Club Holdings Inc. (B...
Streetwise Reports | May 22, 2020 |

FDA Grants Breakthrough Status to Biopharma's Lead Candidate for Liver Disease

The California firm's most advanced asset is advancing through Phase 2b, according to a ROTH Capital Partners report. In a Feb. 19 research note, analyst Yasmeen Rahimi reported that CymaBay Therapeutics Inc. (CBAY:NASDAQ) is having a strong Q1/19 with respect to cont...
Streetwise Reports | February 26, 2019 |

Ohio Industrial Packaging Maker Greif Records 24% Growth in Q3 Revenue; Shares Trading 14% Higher

Shares of global industrial packaging manufacturer Greif Inc. are trading 14% higher today after the company announced Q3/19 earnings. Industrial packaging products manufacturer and services provider Greif Inc. (GEF:NYSE) yesterday announced third quarter 2019 ear...
Streetwise Reports | August 30, 2019 |

Applied Therapeutics Investors Like the ACTION in Phase 2 Galactosemia Study

Applied Therapeutics' shares traded 25% higher today after the company reported positive topline results from its Pivotal Phase 2 ACTION Study of AT-007 for use in the treatment of galactosemia. The firm expects to file for regulatory approval of AT-007 in H2/20. This...
Streetwise Reports | January 9, 2020 |

Will the Fed Trigger Inflation This Time, Boosting Gold?

During Great Recession , many people feared that the Fed's quantitative easing would trigger high inflation , or even hyperinflation . As we know, it didn't happen. Why? Well, the main reason is that the Fed created money – that's true – but in the form of bank reserves. ...
Arkadiusz Sieron | May 29, 2020 |

Translate Bio and Sanofi Expand Partnership to Develop mRNA Vaccines

Translate Bio shares traded 45% higher reaching a new 52-week high after the company reported that it is expanding its collaboration with Sanofi Pasteur to develop mRNA vaccines across all infectious disease areas. Clinical-stage messenger RNA (mRNA) therapeutics c...
Streetwise Reports | June 24, 2020 |

These U.S. Companies Have the Highest Debt-to-Equity Ratios Right Now

U.S. companies have never had so much debt on their books as they do now. As of the fourth quarter of 2019, non-financial firms owed some $9.6 trillion in outstanding debt, a figure that’s up more than 57 percent from the financial crisis 10 years earlier,...
Frank Holmes | April 3, 2020 |

Platform that Connects Brick and Mortar to Digital Innovates During Coronavirus Pandemic

Loop Insights' recent launch of a contactless verification platform and $100,000 in developmental funding from Amazon Web Services are two big plays for the company as it leads brick and mortar's digital transformation during the Covid-19 crisis. Loop Insights Inc....
Streetwise Reports | April 24, 2020 |
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