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Cronos Group Inc. (cron) Q4 2019 Earnings Call Transcript

Image source: The Motley Fool.Cronos Group Inc. (NASDAQ: CRON)Q4 2019 Earnings CallMar 30, 2020, 5:30 p.m. ETOperatorContinue reading
Related topics: US Equity Markets

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Facebook Throws Local News $100 Million Lifeline Amid Covid-19 Pandemic

Facebook (NASDAQ: FB) is giving local news a lifeline amid the COVID-19 pandemic announcing a $100 million investment. In a blog post, Campbell Brown, vice president of global news partnerships at the social media giant, announced the company is...
Related topics: Facebook, Social Media, US Equity Markets

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Why Intel Stock Popped 7% This Morning

Global confirmed coronavirus cases topped 766,000 today, according to Johns Hopkins University, and it kind of feels like the world might be ending.  So why did Intel (NASDAQ: INTC) stock pop more than 7% this morning, and why are Intel shares...
Related topics: Intel, US Equity Markets

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Why Dave & Buster's Entertainment Stock Plunged 16.3% On Monday

Shares of entertainment and restaurant company Dave & Buster's Entertainment (NASDAQ: PLAY) plunged as much as 17.7% in trading Monday as investors fled the industry. Shares closed down 16.3%, despite the S&P 500 climbing 3.4% on the...

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Moderna To Pause Enrollment In Some Clinical Trials As A Result Of The Covid-19 Pandemic

Moderna (NASDAQ: MRNA) recently announced that it would join the growing list of drugmakers adjusting their clinical trial activities in light of the COVID-19 pandemic. The biotech company -- which focuses on developing vaccines and treatments using...
Related topics: Clinical Trials, Vaccines

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Report: Department Of Justice Approves Morgan Stanley Acquisition Of E*trade Financial

The acquisition of online brokerage E*Trade Financial (NASDAQ: ETFC) by white-shoe investment bank Morgan Stanley (NYSE: MS) has won approval from its most critical regulator. According to a report in Bloomberg citing "a person familiar with the...
Related topics: Morgan Stanley, US Equity Markets, Banking, Bloomberg

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Ex-boeing Exec To Lead Amazon Drone Delivery Biz

For years, Amazon (NASDAQ: AMZN) has been mulling the best way to deliver its packages by drone. Now, the company is bringing in an outside executive from Boeing to make it happen.As CNET reports (and LinkedIn confirms) today, Amazon this month...
Related topics: Boeing, Amazon

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Shares Of Amarin Down 68% After Losing A Patent Lawsuit For Vascepa

Shares of Amarin (NASDAQ: AMRN) were down 68% at 7:27 p.m. EDT in after hours trading, after a judge in the U.S. District Court of Nevada ruled for generic-drug makers Hikma Pharmaceuticals (OTC: HKMPY) and Dr. Reddy's Laboratories (NYSE: RDY) in a...
Related topics: Patents, Lawsuits, US Equity Markets

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Google Cancels Its Popular April Fool’s Jokes For 2020

Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) doesn't think the coronavirus is a laughing matter, so its Google division is cancelling its annual April Fools' pratfalls "out of respect for all those fighting the COVID-19 pandemic."According to an internal...
Related topics: Google

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Better Buy: Disney Vs. Netflix

Entertainment has never been as important as it is right now, and this should (in theory at least) be a prime time for Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX) to shine. Disney is the global giant that just happened to score the six...
Related topics: Disney, Netflix

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Here's Why Axsome Therapeutics Fell As Much As 14.7% Today

Shares of Axsome Therapeutics (NASDAQ: AXSM) fell nearly 15% today after the company reported results for the STRIDE-1 phase 3 study. The company's lead drug candidate, AXS-05, was pitted against an active comparator in treatment-resistant...
Related topics: Medical Research, Depression

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Is Fireeye Stock A Buy?

FireEye (NASDAQ: FEYE) lost about a third of its value this year due to two major challenges. First, the cybersecurity firm's first-quarter guidance disappointed investors in February. Second, the novel coronavirus (COVID-19) pandemic crushed stocks...
Related topics: US Equity Markets

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Amazon Using Higher Pay To Lure Employees To Grocery Unit

In the face of surging demand and a shortage of employees, Amazon (NASDAQ: AMZN) is offering higher pay for workers to move to its Whole Foods Market to pick groceries and pack them for home delivery. The practice, known as labor sharing, has the...
Related topics: Amazon, Amazon (AMZN), US Equity Markets

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Shares Of Bed Bath And Beyond Are Dropping After A Credit Downgrade

Shares of Bed Bath and Beyond (NASDAQ: BBBY) were moving lower on Monday, after Standard & Poor's cut the company's credit rating to deep-junk levels.As of noon EDT today, Bed Bath and Beyond's shares were down about 8.6% from Friday's closing...
Related topics: US Equity Markets

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Axsome Therapeutics' Key Drug Candidate Whiffs In Phase 3 Trial

Axsome Therapeutics (NASDAQ: AXSM) on Monday released the data from its phase 3 trial for AXS-05 in patients suffering from treatment-resistant depression (TRD), and it was not quite what the company had hoped for. AXS-05 failed to achieve its...
Related topics: Depression

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Microsoft Launches Office Subscription Services Geared Toward Consumers

In an effort to get more customers to pay Microsoft (NASDAQ: MSFT) on a recurring basis, the software giant is gearing up to roll out subscription plans for consumers. Yusuf Mehdi, a vice president at Microsoft said in a blog post Monday starting...
Related topics: Microsoft (MSFT), US Equity Markets

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Disney's Streaming Business Looks Seriously Undervalued

Disney's (NYSE: DIS) market cap briefly fell below that of Netflix (NASDAQ: NFLX) last week.It wasn't the first time that had happened, as Netflix briefly topped Disney in valuation in 2018 when the leading streamer's stock hit an all-time high,...
Related topics: Disney, US Equity Markets, Netflix (NFLX)

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Why Netflix's Financial Position Is Strong And Getting Stronger

Netflix (NASDAQ: NFLX) is the perfect coronavirus stock for several reasons. It has a huge global growth opportunity, it is seeing increased demand from so many currently housebound consumers around the world, and it's also well-insulated from...
Related topics: Netflix (NFLX), US Equity Markets

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Costco Changes Hours, Adds Product Limits, And Cuts Some Services

Costco (NASDAQ: COST) has decided to close its stores at 6:30 p.m. in order to give its workers more time to stock shelves Monday through Friday. Weekend hours will not change and gas stations will remain open until 7 p.m. The warehouse club will...
Related topics: Costco Wholesale, US Equity Markets

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Viacomcbs Offers Free Streaming Service During Pandemic

Patrick Stewart, who plays Captain Picard on Star Trek: Picard, announced on Twitter last week that ViacomCBS (NASDAQ: VIAC), which hosts the TV program on its CBS All Access streaming video service, was giving consumers free access to the service...
Related topics: Social Media, Entertainment Videos

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