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[GM’s Self-driving Car Unit Cruise To Lay Off 8% Of Staff: Reports

][116]

![gm may15 lg][117]Cruise, the self-driving vehicle start-up majority- owned by General Motors, reportedly plans to lay off 150 employees or about 8% of its workforce, in order to curb operating costs amid the ongoing coronavirus pandemic. The cuts are expected to occur outside the company’s engineering operations, including…

[Starbucks Seeks Break On Rent From Landlords ][118]

[Sterno Home Recalls Certain Path Light Kits ][119]

[New York Stock Exchange Phased Reopening On May 26 ][120]

[Read More][115]

[Biotech][10]

[ADC Therapeutics Prices Upsized IPO At $19/Shr, Above The Estimated

Range ][121]

Epalinges, Switzerland-based ADC Therapeutics announced the pricing of initial public offering of 12.25 million shares at $19.00 per share, above the expected range of $16 to $18 per share. The company has originally filed to sell 7.355 million shares of its common stock. The company said that…

[For Your Eyes: Kala Pharma (KALA) Hits New High ][122]

[FDA Snubs BMY And BLUE, Stocks That Moved On ASCO Abstracts (ARVN,

CTMX, MGNX) ][123]

[ADC Therapeutics Relaunching IPO Tomorrow - Update ][124]

[Read More][10]

Latest News

[Berkshire Slashes Stake In Goldman; Trims JPMorgan; Exits Phillips

66, Travelers ][125]

[J.C. Penney Files For Bankruptcy ][126]

[Stock Alert: VectoIQ Acquisition Down 12% ][127]

[Stock Alert: KLA Corp. Down 5% ][128]

[Stock Alert: Theratechnologies Stock Up 22% In Premarket ][129]

[Pfizer’s Phase 1b Results On DMD Support Advancement Into Pivotal

Phase 3 Study ][130]

[Read More][115]

[Earnings][9]

[Facebook Buys GIF Website Giphy And Plans To Integrate With

Instagram ][131]

In a blog post Friday, Facebook said that it acquired Giphy, a popular website for creating animated graphics interchange format, or GIFs. Pricing terms of the deal were not disclosed. Citing people familiar with the matter, Axios said the deal is valued around $400 million. Facebook said that…

[Brookfield Asset Management Slips To Loss In Q1 - Quick Facts

][132]

[Wabash National Slips To Loss In Q1 - Quick Facts ][133]

[3M April Total Sales Decline 11% - Quick Facts ][134]

[Read More][9]

[Economy][42]

[Portugal GDP Falls 3.9% In Q1 ][135]

Portugal’s economy contracted drastically in the first quarter as both domestic demand and exports weakened due to the disruption caused by the coronavirus, or Covid-19, pandemic from March, flash estimates from Statistics Portugal showed on Friday. Gross domestic product decreased 3.9 percent from…

[Hungary GDP Growth Halves In Q1 ][136]

[Romania GDP Growth Slows Sharply In Q1 ][137]

[U.S. Business Inventories Drop In Line With Estimates In March

][138]

[Read More ][42]

Editors Pick

![gm may15][139] [GM’s Self-driving Car Unit Cruise To Lay Off 8% Of Staff: Reports ][140]

![starbucks may15][141] [Starbucks Seeks Break On Rent From Landlords ][142]

![lightkits may15][143] [Sterno Home Recalls Certain Path Light Kits ][144]

![nyse may15][145] [New York Stock Exchange Phased Reopening On May 26 ][146]

[M&A][14]

[Stock Alert: BioPharmX Shares Surge 37% In After Hours On Merger

Approval News ][147]

Shares of BioPharmX Corp. (BPMX) jumped 18 cents or 37.35% to $0.65 in the extended trading session on May 13, after the announced that all proposals related to its proposed merger with Timber Pharmaceuticals LLC were approved by BioPharmX’s stockholders at a special meeting held on May 13, 2020. The…

[Jushi Launches Adult-use Cannabis Sales At Illinois Dispensary

][148]

[CMA Starts Inquiry Into Danone’s Acquisition Of Major Stake In

Harrogate Water ][149]

[Read More][14]

[IPOs ][13]

[ADC Therapeutics Prices Upsized IPO At $19/Shr, Above The Estimated

Range ][150]

Epalinges, Switzerland-based ADC Therapeutics announced the pricing of initial public offering of 12.25 million shares at $19.00 per share, above the expected range of $16 to $18 per share. The company has originally filed to sell 7.355 million shares of its common stock. The company said that…

[ADC Therapeutics Relaunching IPO Tomorrow - Update ][151]

[Read More][13]

![Calendars][152]

Ratings Changes

[Upgrades
][153] [Downgrades
][154] [Coverage Initiated
][155] [Coverage Reiterated
][156]

Corporate Info

[Stock Split Calendar][157]
[Stock Buybacks][158]
[Dividend Calendar][25]
[Conference Calls][159]

Earnings

[Upcoming Earnings][160]
[Negative Pre-Announcements][161]
[Positive Pre-Announcements][162]

Other

[FDA Drug Approvals][35]
[Clinical Trial Calendar][37]

[Stock Alerts][163]

[Stock Alert: New Relic Rises 11% On Better-than-expected Results

][164]

New Relic Inc. (NEWR) shares are gaining nearly 11 percent in morning trade after the company reported upbeat earnings for the fourth quarter. The shares are currently trading at $64.20, up 10.16 percent from Thursday’s close of $58.28. The San Francisco, California based cloud- tech software…

[Stock Alert: Dillard’s Jumps 14% ][165]

[Stock Alert: Bridgeline Digital Jumps 92% After Quarterly Results

][166]

[Stock Alert: Sorrento Therapeutics Gains 90% ][167]

[Read More][163]

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[Wall Street Events ][17]

[Flowserve To Present At Goldman Sachs Conference; Webcast At 12:10

PM ET ][175]

Flowserve Corporation (FLS) will present at the Goldman Sachs Industrials and Materials Conference. The event is scheduled to begin at 12:10 PM ET on May 15, 2020. To access the live webcast, log on to www.flowserve.com

[Norfolk Southern To Present At Goldman Sachs Conference; Webcast At

8:00 AM ET ][176]

[JD.com Q1 20 Earnings Conference Call At 7:30 AM ET ][177]

[Power Corp. Q1 20 Earnings Conference Call At 2:00 PM ET ][178]

[Read More][17]


[Economic Calendar][47]
Date Indicator Period Country
05/15/20 16:0 Total Net TIC Flows MAR United States
05/15/20 16:0 Net Long-term TIC Flows MAR United States
05/15/20 13:0 Baker Hughes - Rig Count MAY 15 United States
05/15/20 10:0 Business Inventories - Sales Ratio MAR United States
05/15/20 10:0 Business Sales (Y-o-Y) MAR United States
05/15/20 10:0 Business Sales (M-o-M) MAR United States

[View All][47]

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