Yahoo Hires McKinsey To Revive Its Business
Yahoo McKinsey: It has been long since Yahoo has been on a labefaction with several reasons to the same. To revitalise the revenue from ad sales, Yahoo had been struggling in a head-on…
Ceragon Networks Shares Down More Than 19%
Ceragon Networks (CRNT), a provider of wireless backhaul solutions, shares fall more than 19% in trading Monday after reporting Q3 2015 adjusted earnings higher than the Street consensus, but revenues…
Conn’s Shares Jump 15%
Conn's (CONN) shares are higher by more than 16% on Monday after the company said it has amended its revolving credit facility and added $100 million to its share buyback…
Noble Energy To Decide on Planned Gas Fields in Israel In One Year
Shares of Noble Energy (NBL) are higher Monday after the oil and gas company said it will make a final decision on two gas fields in Israel in about a…
Amazon Reportedly to End Daily Deals And Mobile Credit Card Processing Division
Amazon.com (AMZN) will shut down its Daily Deals and Amazon Local service, two units that were launched by the online retailer to compete against Groupon (GRPN) by offering online coupons,…
Media General Retains Advisers on Nexstar
Media General (MEG) said it retained Goldman Sachs (GS) and Weil, Gotshal & Manges to help the firm's board evaluate an unsolicited proposal made on Sept. 28 by Nexstar Broadcasting…
Silicon Motion Technology Sees Q3 Sales At Upper End of Prior Guidance
Silicon Motion Technology (SIMO) shares were higher after-hours Monday after the company said that based on preliminary Q3 results, it expects sales to grow between 8% and 10% sequentially, at…
Haemonetics Expects to Post Q2 Revenue Results Below Street View
Haemonetics (HAE), a healthcare company, said that, based on preliminary information, it expects to report revenue of $220 million and adjusted earnings approximating $0.40 per diluted share for its second…
Veritiv Files $200 Mln Mixed Shelf Offering
Veritiv Corp. (VRTV) disclosed in a regulatory filing late Monday that it filed a $200 million mixed shelf offering, consisting of common and preferred stock, debt securities, and warrants and…
AMAG Pharmaceuticals’ Abbreviated NDA for Progestin Injection Receives FDA Approval
AMAG Pharmaceuticals (AMAG) disclosed in a regulatory filing late Monday that the U.S. Food & Drug Administration (FDA) has approved the the abbreviated new drug application for Hydroxyprogesterone Caproate Injection…