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Business Earnings FEATURED

Pier 1 Imports, Inc. (NYSE:PIR) reported net loss of $81.7 million

Pier 1 Imports, Inc. (NYSE:PIR) reported fiscal-first quarter earnings. Pier 1 reported a net loss of $81.7 million, or $19.97 a share, compared with a loss of $28.5 million, or $7.11 a share, a year earlier. The company completed a 1-for-20 reverse stock split on June 20. Net sales for the quarter fell to $314 […]

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FEATURED Markets

Global Blood Therapeutics, Inc. (NASDAQ:GBT) Stock Slumped 6.05% in Pre-market

Global Blood Therapeutics, Inc. (NASDAQ:GBT) announced an agreement to sell approximately $200.0 million in shares of its common stock in a registered underwritten public offering.  In addition, GBT has granted the underwriter a 30-day option to purchase up to approximately $30.0 million in shares of its common stock. Global Blood Therapeutics, Inc. (NASDAQ:GBT) shares fell -1.36% to […]

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Business FEATURED

QUALCOMM, Inc. (NASDAQ:QCOM) faces another European Union antitrust fine

QUALCOMM, Inc. (NASDAQ:QCOM) faces another European Union antitrust fine a year after being ordered to pay 997 million-euro ($1.13 billion) penalty for thwarting rival suppliers to Apple Inc., according to three people familiar with the latest case. The chip giant may be fined as soon as next month, said the people, who asked not to […]

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Business

Class action lawsuit filed against Hecla Mining Company (NYSE:HL) and its officers

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Hecla Mining Company (NYSE:HL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Hecla securities from March 19, 2018 through May 8, 2019, inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for […]