Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket, on a day major U.S. stock indexes went into a tailspin amid coronavirus fears.
Wells Fargo & Co said on Wednesday it plans to increase minimum wage to between $15 and $20 per hour for most of its U.S. markets, joining other Wall Street banks that have raised hourly pay in recent years.
Royal Bank of Canada said on Wednesday it would cut its prime rate to 3.45% from 3.95% in its first reduction since July 2015, with the country's other lenders expected to follow suit, even as the moves weigh on margins already under pressure.
GFL Environmental Inc on Monday raised about $1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.
Chamath Palihapitiya, the dealmaker behind last year's blockbuster Virgin Galactic deal, is looking to raise a combined $900 million through two new investment vehicles, according to regulatory filings.
Square Inc beat market expectation for quarterly profit on Wednesday, as the payments processor earned more from its subscription and services business, especially from Cash App, sending its shares up 8% after market.
Intuit said on Monday it would buy privately held personal finance portal Credit Karma in a cash-and-stock deal for about $7.1 billion, as the TurboTax maker seeks to expand further into consumer finance.
Feb 18 Asset manager Franklin Resources Inc
said on Tuesday it would buy rival Legg Mason Inc
in a $4.5 billion deal as the two firms known for their
stockpicking grapple with investors' embrace of low-cost index
Apax Partners-owned shoemaker Cole Haan Inc, formerly a part of Nike Inc , on Friday made its U.S. listing application public, after confidentially filing https://www.sec.gov/Archives/edgar/data/1791100/000119312520037131/d811846ds1.htm it with the regulators in October.