By December, more than $15 billion had been raised in Mumbai through initial public offerings, a record amount, according to Dealogic. About $6 billion, or nearly 40%, went to tech companies — another record. This year was historic for another big reason: It’s the first time any of India’s tech […]
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Stocks week ahead: The year Reddit and meme stocks changed Wall Street forever
Around mid-January, shares of GameStop (GME) — a brick-and-mortar retailer that most analysts expected to go the way of Blockbuster — began surging, fueled by a pile-on of day traders from the WallStreetBets forum on Reddit. They were doubling, tripling, their positions by the day, chanting “diamond hands,” and “to […]
If you bought a car last year, it could now be worth more than you paid for it
In that case, you likely made an amazing investment because you could now possibly sell your one-year-old car at a profit or, at least, get back nearly what you paid for it, according to an analysis Edmunds.com conducted for CNN Business. Normally, a dealer selling a one-year-old used car will […]
Global trade: A huge backlog at China’s ports like Yantian could spoil your holiday shopping this year
The chaos began unfolding last month when authorities in the southern Chinese province of Guangdong — home to some of the world’s busiest container ports — canceled flights, locked down communities and suspended trade along its coastline to bring a rapid spike in Covid-19 cases under control. The rate of […]
Sohu.com Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results
BEIJING, Feb. 4, 2021 /PRNewswire/ — Sohu.com Limited (NASDAQ: SOHU), China’s leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020. In view of the previously-announced Share Purchase Agreement between subsidiaries of Tencent Holdings Limited (“Tencent“) […]
Regeneron Reports Fourth Quarter and Full Year 2020 Financial and Operating Results
TARRYTOWN, N.Y., Feb. 5, 2021 /PRNewswire/ — Fourth quarter 2020 revenues increased 30% to $2.42 billion versus fourth quarter 2019(4) Fourth quarter 2020 EYLEA® U.S. net sales increased 10% to $1.34 billion versus fourth quarter 2019 and full year 2020 EYLEA U.S. net sales increased 7% versus 2019 Fourth quarter 2020 […]
Unity Announces Fourth Quarter and Full Year 2020 Financial Results
SAN FRANCISCO–(BUSINESS WIRE)–Feb 4, 2021– Unity Software Inc. (NYSE: U), the world’s leading platform for creating and operating interactive, real-time 3D content, today announced results for the fourth quarter and year ended December 31, 2020. “Unity achieved record fourth quarter and full year 2020 revenues in an unprecedented and fast […]
FireEye Reports Financial Results for Fourth Quarter and Full Year 2020
MILPITAS, Calif.–(BUSINESS WIRE)–Feb 2, 2021– FireEye, Inc. (NASDAQ: FEYE), the intelligence-led security company, today announced financial results for the fourth quarter and full year ended December 31, 2020. “Our record fourth quarter and 2020 results demonstrated that we are gaining momentum in our Platform, Cloud Subscription, Managed Services and Professional […]
Ligand Reports Fourth Quarter and Full Year 2020 Financial Results
SAN DIEGO–(BUSINESS WIRE)–Feb 3, 2021– Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today reported financial results for the three and 12 months ended December 31, 2020 and provided an operating forecast and program updates. Ligand management will host a conference call today beginning at 8:30 a.m. Eastern time to discuss this announcement […]
Lufax Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
SHANGHAI–(BUSINESS WIRE)–Feb 2, 2021– Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Total income increased by 5.9% to […]