Day: November 27, 2020

TLIS

Yunji Inc. (NASDAQ: YJ), revenues declined as its revealed its Q3 fiscal results

Yunji Inc. (NASDAQ: YJ), a top social e-commerce network focused on membership, officially reported its third quarter unaudited financial results ended September 30, 20201. Compared to $421.5 million in the same timeframe in 2019, gross revenues were $157.1 million, largely attributable to a decline in revenues from retail sales due to a rise in the …

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CBIO Stock

Teck Resources Limited (NYSE: TECK) expanding its Copper and Health program to Chile

Teck Resources Limited (NYSE: TECK) confirmed that it is extending its Copper and Wellness initiative to Chile, working on a pilot project at Iquique Hospital with leading national health practitioners and academics. An analysis of copper surfaces and textiles will be undertaken by researchers from Universidad del Desarrollo (UDD) and Núcleo Milenio MICROB-R, with funding …

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DADA Stock

Oracle Corp. (ORCL) Stock Spikes after It Surpasses Q1 Estimates

Oracle beats the Q1 consensus estimate and wins new cloud business with top brands over the quarter. Oracle Corporation (ORCL) outstripped the Q1 consensus forecast of Wall Street, along with the company sealing deals with McDonald’s and Albertsons for providing its cloud-based services. The database software giant surged to almost 6% on Thursday followed by …

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CAN Stock

Nordstrom, Inc. (JWN) Surges on Third Quarter Surprise Earnings Beat

Nordstrom was highly affected by the COVID-19 pandemic during the year. However, the third quarter earnings surprise has attracted investors.  Nordstrom, Inc. (JWN) is ending the year on a high after suffering heavily from the global pandemic. Over the past month, JWN stock has soared over 110% as the investors step in seeing future growth. …

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NLOK Stock

Kirkland Lake Gold Ltd. (KL) confirmed the Sale of Novo Shares and Warrants

Kirkland Lake Gold Ltd. (NYSE: KL) group has entered into an arrangement on behalf of Kirkland Lake Gold with Stifel GMP and Clarus Securities Inc. as agents to arrange the selling of 18,500,000 units at a rate of $2.45 per unit for total proceeds of $45,325,000 to Kirkland Lake Gold. Every unit consists of one …

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SONN Stock

Did Nikola (NKLA) Get the GM Deal Wrong? JP Morgan is ‘skeptical’

With Nikola’s CEO’s unclear replies on the GM deal, investors move away as JP Morgan has its reservation on this deal.  Nikola Corp. (NKLA) was expected to a make with General Motors for producing and manufacturing its EV pick truck “Badger”. The deal seems to be over before it began. The investors were quite enthused …

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MFH Stock

Farmers & Merchants Bancorp Inc. (NASDAQ: FMAO) has named Lori A. Johnston as the new member of the board of Directors

The parent company of the Farmers & Merchants State Bank, Farmers & Merchants Bancorp Inc. (NASDAQ: FMAO), recently confirmed that the Board of Directors has expanded from 12 to 13 members and Lori A. Johnston has been named to the Board of Directors of both the Company and the Bank. Ms. Johnston is a working …

Farmers & Merchants Bancorp Inc. (NASDAQ: FMAO) has named Lori A. Johnston as the new member of the board of Directors Read More »

SMAR Stock

Facebook (FB) to refund certain advertisers after miscalculating data on the performance

Since falsely reporting one of the indicators of the possible efficacy of their ads over the span of a year, Facebook (FB) is paying back some advertisers. Between August 2019 and August 2020, the corporation’s “conversion lift” tool experienced a glitch that allegedly affected thousands of advertisements. In September, Facebook patched the mistake and is …

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HIPO Stock

Pinduoduo (PDD) Stock Gained 259% This Year, Posted Its First Ever Profit After IPO

Pinduoduo Inc. (PDD), one of the largest Chinese Internet retailers, recently announced its first profit since its 2018 IPO. After adjustments income was $69 million at the end of the third quarter of 2020. For the group, this is an essential win, although it is still unprofitable on a GAAP basis. If Pinduoduo continues to …

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IGC Stock

Hormel Foods (HRL) – A Stock Might Not Attractive For Everyone But Is Paying Dividend For 50 Years

Since the start of the year, processed meat supplier Hormel Foods Corporation (NYSE: HRL) has risen nearly 4 percent. The company was able to increase revenue, amid negative factors, in the last reporting period. Hormel Foods is not a fast-growing firm, but with steady dividend payments and prospects, it attracts investors. Around a third of …

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