Month: April 2018
Cognex reports muted first quarter results due to increased expenses
Cognex (CGNX) reported a 22% jump in revenues of $169.5 million in the first quarter, in line with the guidance…
Marathon agrees to buy Andeavor for $23.3 billion
The M&A scenario seems to have picked up in the US with the proposed merger between T-Mobile (TMUS) and Sprint…
Amazon lifts annual prime membership fee by $20
Just a week after Amazon disclosed the eye-catching number of its Amazon Prime membership, the e-commerce giant has decided to…
Walmart sells its struggling UK unit Asda to rival J Sainsbury
Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over other retailers.…
Airline companies stare at a burning issue as fuel prices skyrocket
The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue. At a…
T-Mobile, Sprint to create the third great pillar of US telecom
On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off. T-Mobile US…
Banks at risk as tech firms trespass into the financial services territory
Tech firms have become so popular that they are already quite ubiquitous. In fact, they are like The Mad Titan…
Southwest sued by a passenger post the engine debacle
A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was forced to…