Month: April 2018
Carl Icahn signs massive deal to sell Tropicana Entertainment
Icahn Enterprises has decided to sell its casino venture Tropicana Entertainment (TPCA) to Gaming and Leisure Properties (GLPI) and Eldorado…
With record subscriptions, Netflix earnings trigger stock rally
Continuing its aggressive market share expansion, video-on-demand service provider Netflix (NFLX) Monday reported better than expected subscriber growth and earnings…
Trade war: The US hands ZTE Corp an export ban
Just when you thought things couldn’t get worse between the U.S. and China, it appears to have done so. The…
Ad giant WPP at a crossroad after CEO Martin Sorrell’s abrupt exit
The dramatic rise of Sir Martin Sorrell in the corporate world has been an inspiration for many aspiring industrialists across…
Apple could have given you a gold iPhone X
It appears Apple (AAPL) had plans for a gold-colored iPhone X but decided against it. A document containing details of…
All eyes on IBM’s cloud, cognitive solutions ahead of earnings
When IBM (IBM) reported its fourth-quarter results in January this year, the company had topped both the revenue and earnings…
Shire’s cancer unit sale brings new twist to takeover bid by Japanese firm
The consolidation fever gripping American corporates has become more widespread this year, with more and more industries turning to M&As…
Merck, Pfizer need to jettison consumer health units before the market deteriorates
Over the last year, several consumer health units were put on sale. Both Pfizer (PFE) and Merck (MRK) planned to…