Finanace

Workhorse: A Dangerous Short Game … [Read more...] about Workhorse: A Dangerous Short Game

(Bloomberg) -- A U.S. bankruptcy judge protected a much-needed cash infusion for Easterday Ranches Inc., helping ensure that its 54,000 cattle will continue to eat.The cattle farm in Washington state filed for Chapter 11 bankruptcy on Monday after its only customer, Tyson Fresh Meats Inc., sued for more than $200 million, claiming it was being billed for the upkeep of bovines … [Read more...] about Bankruptcy Judge Lets Tyson Feed 54,000 Cows Amid Ranch Feud

Text size Qualcomm reported fiscal first-quarter revenue growth of 62% to $8.24 billion, but still missed the consensus revenue estimate. Pau Barrena / AFP via Getty Images Investors appeared displeased by the earnings Qualcomm … [Read more...] about Qualcomm Stock Falls After Earnings Report. Here’s What Happened.

Qualcomm Inc. shares dropped in the extended session Wednesday, after the chip maker’s revenue came in slightly lower than expected while earnings topped expectations. Qualcomm QCOM, -1.51% reported fiscal first-quarter net income of $2.46 billion, or $2.12 a share, compared with $925 million, or 80 cents a share, in the year-ago period. Adjusted … [Read more...] about Qualcomm stock drops despite earnings beat, as sales come in slightly short

(Bloomberg) -- U.S. Securities and Exchange Commission investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings for GameStop Corp., AMC Entertainment Holdings Inc. and other companies, according to people familiar with the matter.The scrutiny is being done in tandem with a review of trading data to assess whether … [Read more...] about SEC Hunts for Fraud in Social-Media Posts Hyping GameStop