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Month: April 2018

Amazon plans to snatch Flipkart from Walmart’s shopping bag

The shopping war between Amazon and Walmart has finally reached India, with Amazon making a rival bid for Bengaluru-based online…

CarMax tumbles after Q4 results miss estimates; Plans aggressive store expansion

Shares of CarMax (KMX) nosedived Wednesday after the used car retailer reported fourth-quarter earnings and revenues that missed analysts’ expectations.…

Market: Stocks to open lower on fresh trade war concerns

US futures are pointing to a lower open today after ending higher on Tuesday, on fresh trade war concerns. China…

CarMax profit plunge 20%; revenue misses estimate

Used vehicle specialty retailer CarMax (KMX) missed consensus estimates and reported modest sales growth for the fourth quarter of 2018…

GreenSky secretly files for IPO, says report

After Dropbox pulled off a successful IPO, it was expected to trigger off a domino effect in other successful privately…

Amazon under Trump’s ire but might clinch Pentagon deal

President Trump has declared a war of sorts on Amazon (AMZN) and its CEO Jeff Bezos. He has severely criticized…

General Dynamics wins the battle for CSRA

Continuing with the recent trend, technology companies are increasingly turning to consolidation phase to combat their rivals.  According to experts,…

Is CBS-Viacom merger marriage getting closer?

CBS (CBS) and Viacom (VIA) reunion surface again. For years, the two media companies — CBS and Viacom – have…

Automakers end March on a high note amidst looming tariff headwinds

For the automobile industry, March was an eventful month that witnessed a series of developments ranging from new product launches…

Future Macs to have Apple’s in-house chips rather than Intel’s

For quite some time now, the news about Apple (AAPL) cutting its dependence on Intel (INTC) has been doing rounds.…