-- Company advances monetization of wheat technology with one-time payment of $4 million --Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products,
Shares of C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter financial results.
Wall Street rebounds after Fed meeting with all major indices up, buoyed by earnings & dovish expectations. Probability for March cut at 41%, speculators increase bets for future cuts. Jobless claims up, manufacturing data beats expectations. S&P 500 & Nasdaq 100 gain 0.8%, regional banks suffer.
Corteva reported quarterly adjusted earnings of 15 cents per share, beat the analyst estimates of six cents and representing a 6.25% decrease over earnings of 16 cents per share year-over-year.
Additionally, Corteva announced plans to repurchase approximately $1 billion shares in 2024.