WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration

A federal judge temporarily blocked the Trump administration’s executive order curbing Americans’ use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request … Read more…

After Hours Market: Sonoma Pharmaceuticals, RH, SelectQuote Gain; GameStop, Quotient Slip

Sonoma Pharmaceuticals, Inc. (SNOA) – Shares of the drug company jumped 20% in extended trading session Wednesday after the company announced launch of two new products in Australia. Sonoma and Te Arai BioFarma announced the launch of two new products … Read more…

Dycom Industries Expects Q3 Revenues To Be In-line To Modestly Lower Than Q2 – Quick Facts

While reporting financial results for the second quarter on Tuesday, Dycom Industries, Inc. (DY) anticipates contract revenues and margins for the third quarter to range from in-line to modestly lower on a sequential basis for the second quarter, based on … Read more…

Target Shares Surge On Record Q2 Results; Lowe’s Q2 Profit Beats View

Minneapolis-based Target Corp. (TGT), on Wednesday, reported second-quarter results that surpassed analysts’ projections. The company’s comparable sales growth was the strongest it has ever reported. Consequently, shares of Target were up 8% in pre-market trade. RTT – Earnings BEST DEAL … Read more…

Insurance Executive Greg Lindberg Sentenced to Seven Years and Three Months in Prison

A federal judge sentenced insurance executive Greg Lindberg to seven years and three months in prison for attempting to bribe an insurance commissioner with campaign contributions to secure more favorable regulatory treatment for his insurers. WSJ.com: Markets SPECIAL NEWS UPDATE: … Read more…

Kodak Insider Makes Well-Timed Stock Gift of $116 Million to Religious Charity He Started

Board member George Karfunkel’s donation, made the same day Kodak’s stock peaked, will benefit a Jewish charity he started two years ago. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

How this 1950s self-help guru shaped Donald Trump’s attitude toward life and business

In Mary Trump’s new book, “Too Much and Never Enough,” she links President Donald Trump’s overt self-confidence to the teachings of Dr. Norman Vincent Peale, the minister who wrote “The Power of Positive Thinking” in 1952. Wealth SPECIAL NEWS UPDATE: … Read more…

Schnitzer Steel Expects To Report Results In Single Operating Segment In Q1 2021

While reporting its third-quarter financial results on Wednesday, Schnitzer Steel Industries, Inc. (SCHN) it is transitioning from its multi-divisional organizational structure to a functionally-based, integrated operating model, as it announced last quarter. The company noted that the transition will reflect … Read more…

Guess? Sees Q2 Revenue Decline Similar To Q1; Postpones Dividend Payment – Quick Facts

While reporting its financial results for the first quarter on Wednesday, Guess? Inc. (GES) said it expects that the COVID-19 crisis will continue to have a material impact on its consolidated financial position, consolidated results of operations, and consolidated cash … Read more…