Snap shares surge 10% after longtime skeptic upgrades to buy – CNBC

Shares of social media company Snap rallied more than 10 percent Thursday after one longtime skeptic upgraded the stock and told clients that it’s set for outperformance thanks to better advertising sales. BTIG analyst Richard Greenfield now recommends investors buy the beat-up equity and thinks that the media sharing platform could see its shares soar…

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Southwest shares gain after green light on Hawaii flights – CNBC

Scott Olson | Getty Images A Southwest Airlines jet leaves Midway Airport in Chicago, Illinois. Southwest Airlines shares gained close to 4 percent Thursday after the low-cost airline announced it won federal approval to start its long-planned service to Hawaii, where it’s making a big bet on growth this year. Hawaii will make up half…

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Mattel shares hit after investor day. What’s the problem? – Fox Business

Mattel shares took a beating on Friday, down more than 15 percent as guidance ahead of the annual Toy Fair looked a little gloomy for investors. Executives for the toy giant hosted its annual analyst meeting ahead of the festivites, telling investors its focus for 2019 is to find more “efficiences” in profitability, and in 2020 it…

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Groupon shares fall 14% after company misses quarterly profit views – MarketWatch

Groupon Inc. GRPN, +5.60% shares fell 14% in the extended session Tuesday after the Chicago-based company missed fourth-quarter profit expectations. Groupon said it earned $46.2 million, or 8 cents a share, in the quarter, compared with $47.7 million, or 8 cents a share, in the fourth quarter of 2017. Adjusted for one-time items, Groupon earned…

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Bank of America Shares Jump After Q4 Results Beat Consensus – Investing.com

© Reuters. Investing.com – Shares in Bank of America moved higher in premarket trade Wednesday after topped analysts’ estimates as Chairman and Chief Executive Brian Moynihan gave an upbeat view of the U.S. economy. The company reported diluted earnings per share of $0.70 above expectations for $0.63. Revenue came in at $22.74 billion, topping consensus…

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Bayer Shares Jump After Monsanto Weedkillers Court Ruling – The Wall Street Journal

BERLIN—Bayer AG shares rose by more than 6% Friday after the German chemicals company scored a court victory in the run-up to jury trials over whether Monsanto Co. weedkillers can cause cancer. Bayer closed its $63 billion takeover of Monsanto last year, inheriting the St. Louis-based company’s Roundup weedkillers as well as potential legal liabilities.…

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Teva shares surge 5% on news of patent settlement with Neos over ADHD drug – MarketWatch

Shares of generic-drug maker Teva Pharmaceuticals Industries Ltd. rose about 5% Wednesday on news of a settlement and licensing agreement with Neos Therapeutics Inc. to resolve a patent dispute about a treatment for attention deficit disorders, or ADHD. Neos NEOS, -0.63%  said the confidential agreement grants Teva TEVA, +8.43%  the right to make and market…

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