Why Lannett Company, Inc. Guided Lower Today
What: Lannett is down about 13% at 1:00 p.m. EST after management lowered guidance and analysts at Canaccord Genuity downgraded the stock all the way from buy to sell, skipping hold altogether.
What: Lannett is down about 13% at 1:00 p.m. EST after management lowered guidance and analysts at Canaccord Genuity downgraded the stock all the way from buy to sell, skipping hold altogether.
Volkswagen AG (VOW.XE ) said on Thursday it is recalling about 800,000 Touareg and Porsche Cayenne model SUVs worldwide for a check of the bearing block of the pedal system.
Bank of America's headquarters in Charlotte, North Carolina.
Thursday is turning into an interesting day for investors in tobacco stocks, as Bank of America-Merrill Lynch announces a pair downgrade/upgradeon Altria stock and its former subsidiary Philip Morris International .
As Apple continues its battle with the FBI over its refusal to build the U.S. government a "back door" that circumvents the security of its iPhones, its tech brethren have made it clear which side of the argument they fall on.
Another U.S. interest rate hike "may not be far off" after the Federal Reserve stood pat last week and made only minor downgrades to economic forecasts, St. Louis Fed President James Bullard said on Thursday.
Weekly jobless claims rose by 6,000 to 265,000 last week. That came in lower than the estimate for 268,000. The prior week was revised lower by 6,000 to 259,000.
The Commerce Department reports durable goods orders were down 2.8% in February from the prior month, coming in lower than the estimate for a decline of 2.9%. Take out the transportation component and orders decreased 1%. The estimate was for that part to decline by 0.2%.
U.S. stock index futures were lower on Thursday ahead of the long Easter weekend as a stronger dollar weighed on commodities.
Finish Line Inc.'s stock surged 3.2% in premarket trade Thursday, after the athletic apparel retailer beat fiscal fourth-quarter profit and sales expectations.
The U.K. government is prepared to fight lawsuits from companies challenging its plans to tax sugary soft drinks, Treasury chief George Osborne said Thursday.
Accenture PLC reported fiscal second-quarter earnings that rose to $1.39 billion, or $2.08 a share, from $731.8 million, or $1.08 a share, in the same period a year ago.
The dollar was on its best run in almost a year on Thursday, pressuring commodities and shares after yet another Federal Reserve official talked up the chance of more than one hike in U.S interest rates this year.
Home prices are rising faster than wages in most of the United States, making homeownership increasingly difficult for average Americans in some of the most populous areas of the country, according to a report released on Thursday.
Companies generally don't have unlimited money, so they must be strategic in how they spend the resources they do have.
Apple co-founder Steve Wozniak recently criticized the Apple Watch during an " Ask Me Anything " sess ion on the popular social news site Reddit.
IMAGE SOURCE: Amaya What: Shares of Amaya fell 21.5% Wednesday after the Canadian gaming and interactive entertainment products company provided an update to a previously reported Quebec Securities Investigation.
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