Shares of PayPal Holdings Inc. PYPL, + 4.72% After-hours trading rose more than 3% on Wednesday after the digital payments company beat earnings and revenue expectations amid growing growth in online transactions. (See more about the company’s earnings in the MarketWatch interview with CEO Dan Schulman.) PayPal posted net income …
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Benchmarks for US stocks opened on Wednesday with gains as investors expected the conclusion of a Federal Reserve policy meeting later in the day, saw talks about a coronavirus aid package in Congress and They waited for a highly anticipated Congressional audience with the Silicon Valley giants and e-commerce. The …
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Text size Kodak is making a foray into generic drug ingredients Daniel Acker / Bloomberg Eastman Kodak’s shares are enjoying a renaissance. Shares rose 160% on Wednesday morning, taking advantage of the incredible gain of more than 200% on Tuesday. New capital and new business are the reasons for the …
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Denbury Resources Inc. DNR, + 4.78% He said Wednesday that he filed for Chapter 11 bankruptcy protection under a prepackaged plan with his creditors that will allow him to eliminate $ 2.1 billion of bond debt. The Plano, Texas-based oil and natural gas company said it has an agreement with …
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Susquehanna analyst Christopher Rolland improved the shares of Advanced Micro Devices Inc. AMD, -1.97% to positive from neutral on Wednesday, following the better-than-expected earnings report from the chip company and Intel Corp.’s INTC, -0.66% He admitted last week that he would have to delay the launch of his 7-nanometer chips. …
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