X

Month: May 2018

Sony jacks up stake in EMI to become largest music publisher

In a deal that augments its fast-growing entertainment portfolio, Sony Corp. (SNE) has added to its fold an array of…

Celgene plunges to a new 52-week low battered by setbacks

On Monday, shares of the troubled pharma giant Celgene (CELG) succumbed to $74.13, its new 52-week low and ended the…

LIVE BLOG – European lawmakers leave fuming as Zuckerberg gives broad answers

Tajani asks Zuckerberg whether it is possible to give individual answers to the questions posed at him on a later…

AutoZone crushes 3Q earnings estimates

Auto parts retailer and top industry performer AutoZone (AZO) reported earnings of $366.72 million or $13.42 per share in the…

Toll Brothers Q2 earnings miss Street’s expectations

Luxury homes builder Toll Brothers (TOL) reported a 10.3% drop in earnings for the second quarter due to higher selling,…

Elon Musk admits to Tesla Model 3 braking issue, confirms firmware fix

And just like that, Tesla is back in the news. And this time, it is actually regarding a product —…

Kohl’s Corp posts upbeat first quarter results

Kohl’s Corporation (KSS) reported a 3.5% increase in total revenues to $4.2 billion for the first quarter of 2018. Comparable…

Uber plans to partner with local firms to roll out app in Japan

Uber, which has been fighting off Google products and rival Lyft, is headed to the land of Pikachu and ramen…

Adobe Systems agrees to buy Magento Commerce for $1.68 billion

Adobe Systems Inc. (ADBE) is planning to acquire e-commerce services firm Magento Commerce for $1.68 billion. The closure of the…

From real to reel: Netflix ropes in the Obamas to produce shows

This could undoubtedly be the mother of all deals in the video streaming industry. Netflix (NFLX) once again proved it…