Category: Stock News

British movie theater chain Cineworld Group PLC is mulling a US Chapter 11 bankruptcy filing as the company looks into possible ways to gain additional liquidity and restructure the business. Brentford-based Cineworld stated that it

Shares of PetroChina Co. Ltd. climbed on Friday after the Beijing-based energy company was reportedly considering spinning off its marketing and trading arms into another listing. PetroChina was trading 1.3% higher, having surged almost 2%

Asian stocks were mostly in positive territory on Wednesday, as sentiment improved following a solid session in US stocks that was driven by better-than-expected earnings from retail giants Walmart Inc. and Home Depot. The Chinese

Tencent Holdings Ltd. is reportedly looking to divest all or a huge portion of its stake in Meituan, as part of its efforts to comply with China’s internet watchdogs and gain financially from the investment

Asian stocks had a mixed trading session on Monday after the People’s Bank of China (PBOC) made the unexpected decision to cut a vital lending rate to strengthen growth, as the world’s second-biggest economy wanes

On Friday’s pre-market session, shares of Illumina Inc. tanked after issuing downbeat earnings results and a bleak outlook. The American gene-sequencing company plummeted 16.91% or 38.45 points to $188.99 per share. The slump reflected a

Shares of Walt Disney Co. stepped higher on Thursday’s pre-market trading session after posting better-than-expected subscriber growth. The American entertainment conglomerate added 3.98% or 4.30 points to $120.80 per share. The upturn followed an increase

Shares of Novavax, Inc. plunged in Tuesday’s pre-market session after deeply cutting its full-year revenue guidance. The vaccine maker notably posted a downtrend, declining 29.26% or 16.75 points to $40.50 per share. The movement trailed