Text size A Tesla car in Germany in 2015. Getty Images The day has arrived. Stock in the pioneer for electric cars Tesla divides 5 by 1 after the market closes for trading. Tesla (ticker: TSLA) shares will open on Monday at about $ 450-one-fifth of where the stock is …
Read More »Will Moderna or Pfizer have better Phase 3 Covid-19 vaccine data?
Text size Maddie Meyer / Getty Images Analysts begin to speculate on which of the Covid-19 vaccines could win, after scientists working on two of the most advanced vaccine programs made presentations about their progress at a meeting of a key advisory committee at the Centers for Disease Control and …
Read More »Coty shares slipped 6% ahead of market to weaker than expected earnings
Coty Inc. shares COTY, -8.70% slipped 6% in Thursday’s trading after the cosmetics company posted far weaker-than-expected revenue for its fiscal fourth quarter as the coronavirus pandemic devastated sales. The company said it had a net loss of $ 722.8 million, or $ 1.01 per share, in the quarter, narrower …
Read More »Shares of Dollar General rose to profit and sales beat expectations
Dollar General Corp. DG, -1.75% share rose 0.7% in Thursday trading to the market after the discount trader reported second-quarter gains and sales that beat expectations. Net income jumped to $ 787.6 million, or $ 3.12 per share, from $ 426.6 million, to $ 1.65 per share, last year. The …
Read More »Amazon introduces Halo fitness tracker and health subscription
Amazon.com Inc. AMZN, -1.26% launches a new healthcare brand called Amazon Halo, combines artificial intelligence tools with a wrist-worn fitness tracker, and competes with Fitbit Inc. FIT, + 0.31% and capitalize on trends for home training amid the pandemic. The Halo app will provide “insights” on sleep patterns, activity, workouts …
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