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Month: March 2018

With Rite Aid stores under its wings, Walgreens prepares to take down rivals

Upping its ante against its rivals in the medical and pharma sector, Walgreens has finally completed its acquisition of Rite…

GameStop’s revenue and profit results top analysts’ estimates in Q4

GameStop (GME) delivered strong revenue growth of 15% for the fourth quarter of 2017 beating analysts’ expectations and sending the…

Market: Stocks to open higher ahead of Easter break

US futures are pointing to a higher open today after ending in red on Wednesday, as the technology sector is…

Movado beats revenue and adjusted profit expectations for Q4

Watchmaker Movado Group’s (MOV) revenue and adjusted profit for fourth quarter 2018 beat analyst expectations. However, the company swung to…

Amazon stock nosedives over rumors of govt action to check tax collection

Amazon’s (AMZN) phenomenal growth has been a cause of perennial worry for conventional retailers, and the last decade witnessed most…

Aetna follows UnitedHealth in passing on rebates to customers

Drastic increase in drug prices has, over the years, become a topic of heated discussions, especially with price-cut on prescription…

Nintendo Switch drives GameStop’s Q4 sales, provides weaker outlook for 2018

Video game industry is at its best with $108.9 billion in global revenue for 2017, representing a 8% growth compared…

Cloud computing firm Smartsheet to join the IPO league

It appears that IPO window is wide open in 2018, especially for the tech companies. Triumphant IPOs by Dropbox and…

Fourth quarter earnings beat adds momentum to Blackberry recovery

Troubled technology company Blackberry (BB), the mobile phone maker that transitioned into a software firm amidst continuing losses, improved its…

Takeda likely to make a move for Shire

Japanese pharma giant Takeda Pharmaceuticals is said to be planning to bid for London’s leading drug company Shire Pharmaceuticals (Nasdaq:…