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Month: April 2018

Marriott Vacations buys ILG to create timeshare giant

Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part of last…

Loews beats earnings estimate in 1Q 2018

First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income falling slightly…

Lovin’ It: McDonald’s stock soars on upbeat first quarter

The burger giant McDonald’s Corp. (MCD) reported better-than-expected first-quarter results, helped by an increase in sales-driven franchised margin dollars and…

Botox, Juvederm sales lift Allergan in first quarter

Allergan plc (AGN) reported a 3% improvement in revenues to $3.7 billion for the first quarter of 2018 compared to…

Starbucks earnings fail to impress investors; Stock remains in red

Coffee chain operator Starbucks (SBUX) reported an increase in its second-quarter profit, in line with expectations. However, the company’s shares…

Rockwell Collins reports higher earnings and sales in Q2

Avionics and aircraft parts maker Rockwell Collins (COL) beat profit and sales expectations in the second quarter 2018, bolstered by strong…

Phillips 66 reports first quarter 2018 results

Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of…

Market: Stocks fall after slowdown in economic growth

US stock market opened higher today as seen from major index futures, but turned lower following a slowdown in economic…

Square acquires website maker Weebly for $365 million

The small payments company Square Inc. (SQ), developed by Twitter co-founder Jack Dorsey, has been aggressively diversifying itself into new business…

T-Mobile and Sprint merger may happen next week

T-Mobile US Inc. (TMUS) and Sprint Corp. (S) appear to be making progress in their talks for a merger and…