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Channel migrants: Four dead as boat sinks near Dunkirk

Two children - aged five and eight - and a man and a woman have died, French officials say.

Covid-19: Scotland to ease pub and restaurant restrictions

Licensed premises in many areas of Scotland will be able to serve alcohol indoors again from next week.

Wales lockdown: Baby clothes join essentials list

Ministers also say people should be able to ask for non-essentials in exceptional circumstances.

Coronavirus: Europe's daily deaths rise by nearly 40% compared with last week - WHO

Intensive care units are now beginning to fill, the World Health Organization tells the BBC.


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Business news from Yahoo

Chegg Sinks 5% After-Hours Despite Stellar 3Q Earnings

Chegg Sinks 5% After-Hours Despite Stellar 3Q EarningsShares of online education provider Chegg were down 5.4% in the extended trading session on Monday even as the company reported better-than-anticipated third-quarter results and raised its full-year guidance.Chegg’s (CHGG) revenue grew 64% year-over-year to $154 million driven by a spike in the number of subscribers as online education is being increasingly preferred amid the COVID-19 pandemic. Analysts expected revenue of $143.7 million. The number of subscribers for Chegg Services increased 69% to 3.7 million. The company’s adjusted EPS declined to $0.17 from $0.18 in 3Q19 but exceeded analysts’ forecast of $0.10.The company generates its revenue through Chegg Services (includes tools like Chegg Study, Chegg Writing and Chegg Tutors) and Required Materials (comprises print textbooks and eTextbooks.) In 3Q, revenue from Chegg Services rose 72% to $118.9 million and accounted for 77% of the overall revenue.Coming to guidance, the company predicts 4Q revenue between $188 and $190 million and adjusted EBITDA between $82 and $84 million. Following the strong performance in 3Q, Chegg now expects full-year 2020 revenue between $626 and $628 million compared to the prior forecast of $605 million to $615 million. It also anticipates 2020 adjusted EBITDA between $201 and $203 million, up from the previous outlook of $190 million to $195 million.Looking further forward, Chegg also provided initial guidance for 2021, and expects revenue of about $775 million, with Chegg Services revenue of $655 million. (See CHGG stock analysis on TipRanks)In reaction to the results, Northland Securities analyst Michael Grondahl reiterated a Buy rating for Chegg with a price target of $95, saying “Going forward, international growth, continued restriction of password sharing efforts, Bundle/Chegg Study Pack at $19.95 a month, online learning, can support this hyper growth for at least 6 more months.”The Street too is bullish about Chegg with a Strong Buy consensus based on 10 Buys versus 2 Holds. With shares advancing by an impressive 129% so far this year, the $96 average analyst price target implies further upside potential of 10.7% over the coming months.Related News: F5 Networks’ 1Q Outlook Beats The Street; Shares Gain 4.3% Otis Lifts 2020 Outlook; Analyst Sees 19% Upside Seagate’s 1Q Sales Miss; Analyst Raises PT More recent articles from Smarter Analyst: * Moelis Hikes Quarterly Dividend By 50%; Shares Rise In Pre-Market * OneMain Raises Dividend By 36% After EPS Beat Street Estimates * K12 Pops 10% As Online Education Demand Boosts Earnings * Facebook Kicks Off Cloud Gaming Launch With Free-To-Play Games


Microsoft Q1 2021 earnings beat expectations on cloud strength

Microsoft Q1 2021 earnings beat expectations on cloud strengthMicrosoft Q1 2021 earnings beat analyst expectations on continued cloud strength.


Was The Smart Money Right About Arena Pharmaceuticals, Inc. (ARNA)?

Was The Smart Money Right About Arena Pharmaceuticals, Inc. (ARNA)?How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]


Oncolytics Biotech® Collaborates with Roche and AIO to Initiate a Phase 1/2 Gastrointestinal Cancer Trial Combining Pelareorep with Roche's Anti-PD-L1 Checkpoint Inhibitor

Oncolytics Biotech® Collaborates with Roche and AIO to Initiate a Phase 1/2 Gastrointestinal Cancer Trial Combining Pelareorep with Roche's Anti-PD-L1 Checkpoint InhibitorMulti-center trial to assess the safety and efficacy of pelareorep-atezolizumab combination therapies across multiple GI cancer indicationsTreatment aimed at 4.8M global GI cancer cases annually1 and the approximately 80% of GI cancer patients who do not respond to immune checkpoint inhibitor therapy currentlyStudy builds on prior early findings of greater than 90% clinical benefit in colorectal and greater than 80% increase in progression-free survival in pancreatic cancer patientsSAN DIEGO, CA and CALGARY, AB, Oct.



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Entertainment news from IMDB


Sports feed from ESPN

Follow live: Real Madrid needs to build off its recent win over Barcelona

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QB Lawrence to stay at Clemson? 'Who knows?'

Clemson QB Trevor Lawrence, who is the favorite to be the No. 1 pick in next year's NFL draft, is hinting at staying in school for his senior season. "Who knows?" he said. "There's a lot of things that could happen."

Bears' Nagy sticking with playcalling, QB Foles

Despite the struggles of the Bears' offense, coach Matt Nagy says he's not giving up playcalling or reverting back to QB Mitchell Trubisky.

Barcelona president, executive board resign

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