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United Kingdom

C Nivedita

UPDATE 1-European biotech firm BioNTech reverses course in early trading

10 Oct 2019

Oct 10 - Shares of BioNTech SE tumbled nearly 12% in afternoon trade, erasing all its gains from earlier on Thursday, another sign of weakness in the IPO market after the collapse of WeWork's market debut.

Charles Schwab to end commissions for stock trading, shares fall

01 Oct 2019

Discount brokerage Charles Schwab Corp said on Tuesday it is eliminating commissions for online trading of stocks, ETFs and options listed on U.S. or Canadian exchanges.

CIBC profit beats estimates as Canada retail, U.S. gains offset loan loss provisions

22 Aug 2019

Canadian Imperial Bank of Commerce on Thursday beat analysts' estimates for third-quarter profit, as gains in domestic retail and U.S. commercial banking offset a jump in loan loss provisions and weakness in its capital markets unit.

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank

31 Jul 2019

Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite, sending its shares tumbling as much as 16% to a record low.

World News