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JC Penney Shares Jump

JC Penney Shares Jump

JC Penney (JCP) shares jumped Thursday morning as the department-store operator reported a smaller-than-expected loss for its fiscal second quarter on lower markdowns and increased selling margins. The Plano, Texas-based retailer posted an adjusted per-share loss of $0.18 for the quarter ended Aug. 3, narrower than the $0.38 loss in […]

Aston Martin Lagonda Shares Drop

Aston Martin Lagonda Shares Drop

Shares of Aston Martin Lagonda (AML.L) fell early on Wednesday as the British luxury carmaker lowered its guidance for full-year operating earnings margin, saying a “challenging” external environment and macro-economic uncertainties had “worsened.” The Gaydon, England-based firm, whose cars have featured in James Bond films, said in a trading update […]

Burberry Group Confirms Full-Year Outlook

Burberry Group Confirms Full-Year Outlook

Shares of Burberry Group (BRBY.L), the British fashion house, jumped early on Tuesday after the group confirmed its outlook for the fiscal full year 2020, saying that new products from its Chief Creative Designer Riccardo Tisci — formerly with Givenchy — elicited an “excellent” response from Asian customers. The London-based […]

Nemaura Medical Secures CE Mark for SugarBEAT

Nemaura Medical Secures CE Mark for SugarBEAT

Nemaura Medical (NMRD) has received CE Mark approval for its SugarBEAT product, allowing it to begin sales in the EU. SugarBEAT is a daily disposable skin patch that works as a continuous glucose monitor, with the accompanying smartphone app displaying glucose readings every five minutes. The company plans to launch […]

Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies

Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies

Novan (NOVN) soared more than 71% after the company said it secured up to $35 million in non-dilutive capital from Reedy Creek Investments LLC to advance Novan’s late-stage dermatology assets. Of that total, it said $25 million is available immediately and $10 million is contingent upon achieving positive Phase 3 […]