Why is the stock of gene-editing titan CRISPR hogging attention?
Swiss-American biotechnology company CRISPR Therapeutics (NASDAQ: CRSP) has been gaining significant attention in recent days. While the stock has seen several ups and downs this week, it appeared on firmer ground on Thursday after closing the sess...
- October 14, 2021 05:37 PM PDT
- Sanjeeb Baruah
Nine penny stocks with over 100% year-to-date return to explore
Highlights Rare Element Resources Ltd. (OTC: REEMF) is a mineral resource company. The stock returned 122.33% YTD. Performant Financial Corporation (NASDAQ: PFMT) provides technology-enabled recovery services; the stock gave a 283.65% return YT...
- October 14, 2021 04:15 PM PDT
- Ipsita Sarkar
Walgreens Boots (WBA) profits up 6.4% in Q4 as sales surge
Pharmacy chain operator Walgreens Boots Alliance Reports on Thursday reported a fourth-quarter profit of US$358 million after witnessing robust growth in the US and the UK markets. Walgreens’ net earnings from operations increased by 6.4% Yo...
- October 14, 2021 03:19 PM PDT
- Sanjeeb Baruah
Citigroup net income jumps 48%, revenue declines 1%
Highlights Citigroup, Inc. (NYSE: C) revenue declined 1% YoY to US$17.2 billion in the third quarter. The net income surged 48% increase YoY to US$4.6 billion in the quarter. Citigroup (C) stock gave around 17% return YTD. Glob...
- October 14, 2021 12:15 PM PDT
- Ipsita Sarkar
Domino's Pizza (DPZ) profit jumps 21.5% in Q3 on strong global sales
World's largest pizza company Domino's Pizza, Inc. (NYSE: DPZ) on Thursday reported a third-quarter net income of US$21.3 million, or a 21.5% YoY jump, helped by solid global retail sales. Announcing the results, Domino's Pizza CEO Ritch Allison s...
- October 14, 2021 11:10 AM PDT
- Sanjeeb Baruah
Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates
Highlights Wells Fargo Company (NYSE: WFC) revenue declined 2% YoY to US$18.83 billion in Q3. Morgan Stanley’s (NYSE: MS) revenue rose 26% YoY to US$14.8 billion in Q3. WFC stock gained 55%, while the MS stock jumped 44% YTD. Stocks...
- October 14, 2021 10:27 AM PDT
- Ipsita Sarkar
Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%
Bank of America Corporation (NYSE: BAC) on Thursday reported strong third-quarter performance, boosted by robust merger and acquisition activities and growth in loan and lease segments. The company said that these activities, along with higher spe...
- October 14, 2021 09:24 AM PDT
- Sanjeeb Baruah
UnitedHealth (UNH) raises guidance on strong Q3 growth, revenue up 11%
Highlights UnitedHealth Group (NYSE: UNH) declared third-quarter results on Thursday. The group served 146 million people across its businesses as of September 30, 2021. UNH posted revenue of US$72.3 billion and 23.5% return on equity in the t...
- October 14, 2021 07:31 AM PDT
- Ipsita Sarkar
Taiwan chipmaker TSMC's Q3 net profit jumps 13.8% on global demand
Highlights The revenue for the July-September period surged 22.6% YoY to US$14.88 billion. TSMC's third-quarter profit rose 13.8% to US$5.56 billion (or 156.3 billion Taiwanese dollars). TSMC has raised its revenue guidance for 2021 to a...
- October 14, 2021 06:54 AM PDT
- Sanjeeb Baruah