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Month: March 2018

Market: Stocks to open lower after interest rate hike

The Federal Reserve’s decision to lift interest rates by 25 basis points hurt US futures that are pointing to a…

Accenture reports double digit revenue growth; earnings benefit from US tax code

IT services provider Accenture (ACN) reported positive top and bottom line results for the second quarter. Revenue climbed by 14.9%…

Five Below goes above and beyond with healthy outlook

Five Below (FIVE), which announces itself as the “extreme-value retailer for tweens, teens and beyond,” went above and beyond investor…

Google becomes watchdog for online fake news

Every day, social media users come across sensitive messages purportedly posted by famous persons like politicians and celebrities, which on…

Will the Bayer – Monsanto marriage happen?

Bayer and its U.S. peer Monsanto (MON) achieved a significant milestone after the European Union antitrust regulators approved Bayer’s $63.5…

Think before swiping your credit card: Orbitz is latest victim of data breach

Quite often, the conveniences the digital world offers come with risks of their own, and people around the world are…

EU-US spat tightens as digital tax proposal looms large over tech giants

In what could be the latest bone of contention between the United States and the EU, the latter’s executive unit…

Will General Dynamics succeed in acquiring CSRA?

Nuclear submarine maker General Dynamics’ (GD) proposal to take over CSRA Inc. (CSRA) is not going as smoothly as it…

General Mills slide on outlook cut, despite positive Q3 results

Packaged food company General Mills (GIS) reported better than expected earnings and sales for the third quarter. Meanwhile, operating profit…

Salesforce buying MuleSoft brings it up to speed

Salesforce (CRM) agreed to purchase integration software company MuleSoft (MULE) for $6.5 billion in a cash and stock deal. This…