Markets

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Retail Sales Beat Projections in July

Retail sales rose more than analysts expected last month, as shoppers headed to stores and online to drive gains in electronics and clothing, government data showed. Total sales rose 0.7% month-on-month to $523.5 billion, better than the consensus on Econoday for an increase of 0.3%. The previous month’s print was revised to 0.3% growth from 0.4% previously, the US Census […]

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Health Care Stocks Hammered in Market Selloff

Health care stocks fell hard on Monday, including a nearly 2.4% decline for the NYSE Health Care Index while shares of health care companies in the S&P 500 also were down nearly 2.2% as a group. The Nasdaq Biotechnology index was dropped slightly more than 2.3%. Among health care stocks moving on news: (+) Sellas Life Sciences Group (SLS) shares […]

Beyond Meat Lifts Guidance

Beyond Meat Lifts Guidance

Plant-based food provider Beyond Meat (BYND) lifted its full-year guidance after markets closed on Monday as the maker of vegan burgers posted better-than-expected results for its second-quarter, supported by rising sales volumes. The El Segundo, Calif.-headquartered business reported revenue of $67.3 million in the three months ended June 29, up 287.2% from a year earlier and comfortably ahead of the […]

LiveRamp Releases Full-Year Guidance as Fourth Quarter Results Beat Street Views

LiveRamp Releases Full-Year Guidance as Fourth Quarter Results Beat Street Views

LiveRamp unveiled full-year guidance after markets closed on Tuesday as it posted better-than-expected results for its fiscal fourth quarter, which were supported by double-digit growth in subscriptions revenue. The San Francisco-headquartered identity platform generated total revenue of $78.3 million in the three months ended March 31, up 30.1% from the corresponding quarter of the prior year. This was ahead of […]