Text size Spencer Platt / Getty Images On their second trip to the equity markets, Dun & Bradstreet Holdings shares gained 15.2% in their trading debut on Wednesday. Dun & Bradstreet (ticker: DNB) shares traded up to 17% higher than their initial public offering price of $ 22. The shares …
Read More »Chesapeake Energy filed for bankruptcy. Other oil and gas stocks could also be at risk.
Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
Read More »Intercept actions fall on NASH disappointment
Text size Dirk Waem / Getty Images NASH was once the next big thing for big drug companies; a newly defined disorder that requires chronic treatment that affects millions of people in developed countries. Dozens of companies are developing drugs for the disease, which can cause life-threatening conditions like decompensated …
Read More »Wirecard Investors Remain On Roller Coaster As Stocks Rise 150%
Shares in Wirecard AG WDI, + 154.48% More than 150% soared on Monday, with some speculation that French group Worldline may try to buy parts of the German scandal payments company that filed for bankruptcy last week. Others said it was a so-called dead cat bounce: speaking on the market …
Read More »Here’s the impact on revenue Facebook will take when Diageo and Starbucks join the list of companies pulling ads from the platform.
Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
Read More »