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Month: July 2018

PepsiCo’s organic revenue grows 2.6% in Q2, results beat estimates

PepsiCo Inc. (PEP) reported a 2.4% increase in revenue to $16 billion for the second quarter of 2018. Organic revenue…

Trump’s message doesn’t hurt Pfizer and other drugmakers

Right from his campaigning days, President Trump was slamming the US pharma companies for the high drug prices. In his…

Earnings preview: For Fastenal, pros outweigh cons this time

Fastenal (FAST) is one of the few Wall Street companies that consistently managed to stay above its rivals. Catering mainly…

Apple App Store turns 10

Apple’s (AAPL) App Store is turning 10 on July 10. The App Store, which was launched in 2008 with 500…

Tariffs and trade war hurting American farmers

The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the…

PayPal to spend $3 billion annually on M&A

PayPal (PYPL), a pioneer in the digital payments space, is serious about expanding its payments empire. Ever since PayPal parted…

Groupon may soon find a deal for itself

Shares of embattled daily-deals website Groupon (GRPN) surged on Monday after the company announced that it is looking for a…

Nissan concurs on fudging emission stats

Japan’s second largest automaker Nissan revealed today that it has identified slip-ups in the emission and fuel economy inspections, which…

HBO faces ‘Game of Changes’ under AT&T

Warner Media subsidiary HBO will be facing tough changes under the new leadership of AT&T (T). John Stankey, head of…

Starbucks to say goodbye to plastic straws by 2020

Coffee giant Starbucks (SBUX), which recently made headlines for the wrong reasons, took a green initiative this week. The positive…