The Latest Breaking News from Nasdaq

Gainers Conduent (NASDAQ:CNDT) stock moved upwards by 13.4% to $5.51 during Thursday's pre-market session. The market value of their outstanding shares is at $1.1 billion.

U.S. stocks traded mixed this morning, with the Dow Jones dropping around 150 points on Thursday.

Primoris Services Corp (NASDAQ:PRIM) has secured two projects with a combined value of more than $155 million. The awards were secured by the company's Energy/Renewables Segment in Texas and Florida. Texas Department of Transportation awarded the Heavy Civil contract, valued at more than $48 million. The project will commence in 2Q22 and…

Apogee Enterprises Inc (NASDAQ:APOG) reported fourth-quarter sales growth of 6.3% year-over-year to $327.96 million, beating the consensus of $323.33 million. Revenue by segments: Architectural Framing Systems $143.13 million (+9% Y/Y); Architectural Glass $72.55 million (-12% Y/Y); Architectural Services $98.73 million (+21% Y/Y); and Large-Scale Optical $26.55 million (+23% Y/Y). Adjusted EPS improved…

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) has acquired exclusive global development and commercialization rights to Werewolf Therapeutics Inc's (NASDAQ:HOWL) WTX-613. WTX-613 is a differentiated, conditionally-activated interferon-alpha (IFNα) INDUKINE molecule. "We believe WTX-613 has the potential to minimize the toxicity associated with systemic IFNα therapy, preferentially delivering IFNα to tumors, and thereby expanding its clinical utility in treating…

Business process services and solutions provider Conduent Inc (NASDAQ:CNDT) looks to separate its Transportation business through a sale or a spin-off. The separation will enable Conduent's Commercial, Government, and Transportation businesses to benefit from more focused operating models and capital allocation priorities aligned with industry-specific dynamics in their respective markets.  This separation will likely…

Tencent Holdings Ltd (OTC:TCEHY) looks to shut down its game streaming service citing a shift in its business strategy, Bloomberg reports. The streaming platform, called Penguin Esports, will terminate all services on June 7 after having already suspended new user registrations and in-app purchases. Tencent looks to compensate users by giving away…

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

  Applied UV (NASDAQ:AUVI) reported its Q4 earnings results on Wednesday, April 6, 2022 at 05:30 PM. Here's what investors need to know about the announcement.

Brookfield Business Partners, together with institutional partners, agreed to acquire CDK Global Inc (NASDAQ:CDK) for a total enterprise value of $8.3 billion.  Brookfield will initiate a tender offer to acquire all of the outstanding shares of CDK.  CDK shareholders will receive $54.87 per share in cash, implying a 30% premium to the February…

  Resources Connection (NASDAQ:RGP) reported its Q3 earnings results on Wednesday, April 6, 2022 at 04:05 PM. Here's what investors need to know about the announcement.