Stocks & Bonds

Roku Adding Premium Subscription Services to Bolster Entertainment Offerings

Roku Adding Premium Subscription Services to Bolster Entertainment Offerings

Roku (ROKU) plans to add premium subscriptions to content providers including CBS’s (CBS) Showtime and Starz from Lionsgate (LGF.A, LGF.B) to its Roku Channel service, the company said on Wednesday. The subscriptions can be accessed with a free trial and then managed with a single bill, the streaming service said in a statement. Availability of the premium offerings will begin […]

Bond Prices Sneak Higher Ahead of Heavy Data, Fed Speak and Supply — 10-Year 2.941%

Bond Prices Sneak Higher Ahead of Heavy Data, Fed Speak and Supply — 10-Year 2.941%

US Treasury prices were little changed, with prices slightly higher, dipping yields with longer dated notes mildly outperforming. The 10-year yield was down near 2.941% versus a 2.942% close. The two-year was also flat at 2.707%. Core European sovereign prices weakened modestly from earlier highs, with the German Bund yield up 1.5 basis points from Friday at 0.399% after testing […]

Digital Data Consumption Rises 13% Annually as Google Wins, Facebook Loses, Pivotal Says

Digital Data Consumption Rises 13% Annually as Google Wins, Facebook Loses, Pivotal Says

Consumption of digital content on PCs, tables and mobile handsets increase 13% year-over-year, in line with growth observed earlier this year, Pivotal Research analysts said, citing data from Nielsen. The data is positive for Google (GOOG) but negative for Facebook (FB), the firm said. “Looking at specific media owners we can see a continuing shift of share in consumption trends […]

Opiant Pharma, Consort Medical to Manufacture OPNT003 for Treatment of Opioid Overdose

Opiant Pharma, Consort Medical to Manufacture OPNT003 for Treatment of Opioid Overdose

Opiant Pharmaceuticals (OPNT), a specialty pharmaceutical company, and Consort Medical, a contract development and manufacturing organization, unveiled on Monday a development and manufacturing agreement for Opiant’s OPNT003 (intranasal nalmefene), a potent, long-acting opioid antagonist for the treatment of opioid overdose. Under the agreement, Aesica and Bespak, units of Consort, will work with Opiant to produce a pre-filled delivery nasal spray […]

Bond Prices Head Higher Following Run of Data; Trade Issues Loom – 10-Year 2.877%

Bond Prices Head Higher Following Run of Data; Trade Issues Loom – 10-Year 2.877%

US Treasury prices rose early Thursday following a rush of mixed data with the five-year leading with the 10-year chasing behind while the two-year lagged the curve. Numbers showed a miss on ADP payrolls, better claims, a mix on August services data, in line productivity, lower labor costs and factory orders. Trade started quietly little-changed while volumes bounced on the […]

Crescent Point Energy Appoints CEO and Chairman; Targets $1 Bln Debt Reduction

Crescent Point Energy Appoints CEO and Chairman; Targets $1 Bln Debt Reduction

Crescent Point Energy (CPG, CPG.TO) said it has named Craig Bryksa chief executive officer and Robert Heinemann chairman as it pursues new strategies. Bryksa had been serving as interim CEO while the company conducted a search for a successor to Scott Saxberg, who stepped down in May. Heinemann succeeds Peter Bannister, who has stepped down after serving since 2014. Crescent […]

Coupa Software Surges as Second Quarter Profit Surprises Investors

Coupa Software Surges as Second Quarter Profit Surprises Investors

Shares in Coupa Software (COUP) traded sharply higher early Wednesday after the company surprised investors by swinging to a profit in its fiscal second quarter, and as earnings and sales forecasts for the third quarter beat analysts’ estimates. Underpinned by strong growth in subscription revenues, group turnover surged by 38% to $61.7 million during the three months that ended July […]

Tribune Media May Review Assets, Make Acquisitions in Wake of Sinclair Deal Failure

Tribune Media (TRCO) could still explore a strategic review of some of its assets and start making acquisitions soon after killing its attempt to merge with Sinclair Broadcast Group (SBGI), S&P Global Ratings said on Wednesday. The agency raised its outlook on the Chicago-based broadcast and digital content company to stable from negative, while affirming its BB- issuer credit rating […]