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01 Apr, 2020
Target Third-Quarter Earnings and Sales Miss Estimates
Target Corp. (NYSE: TGT) reported on Tuesday third-quarter earnings and comparable sales that fell below estimates despite generating more revenue than expected, sending its shares down 7% in premarket trade.Profit missed expectations as price cuts,..
Blue Apron Shares Surge on New Partnership with Jet.com
Blue Apron Holding, Inc. (NYSE: APRN) on Monday announced a partnership with Jet.com to offer an assortment of its meal kits for purchase on Jet’s online and mobile platforms. The announcement sent Blue Apron’s shares up more than 2..
Amazon Tumbles on Revenue Miss
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter 2018.Operating cash flow increased 57% to $26.6 billion for the trailing twelve months, compared with $17.0 billion for the trailing twelve months ended Septembe..
Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO
Chinese commerce startup Pinduoduo Inc. (NASDAQ: PDD) priced its U.S. initial public offering at USD 19 per share, the high-end of the range, and raised USD 1.63 Billion to become the second largest U.S. float from a Chinese company this year. Pindu..
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