Month: November 2018
Ford is acquiring scooter-sharing company Spin
Ford Motor Company (F) is acquiring scooter-sharing firm Spin in a deal said to be valued at $40 million, although…
Coca-Cola confirms energy drink launch as the Monster spat intensifies
On Thursday, The Coca-Cola Company (KO) confirmed its plans to launch two energy drinks under the brand Coca-Cola, in a…
Wynn Resorts stock dips on Macau slowdown concerns
Wynn Resorts (WYNN) stock plunged over 12% on Thursday as a slowdown at its Macau location is on cards. Executive…
Cloud hosting made hassle-free, thanks to Cisco’s hybrid solution for AWS
Cisco (CSCO) is developing an innovative solution in association with Amazon Web Services (AWS) to simplify the process of deploying…
AstraZeneca Q3 profit dips 37% but beats estimates
AstraZeneca Plc (AZN) reported a 37% dip in earnings for the third quarter due to lower revenue, a decline in…
Tesla names new board chair replacing Elon Musk
Tesla (TSLA) board on Wednesday announced the appointment of its new Chair, replacing Elon Musk who was asked to step…
DR Horton tanks after Q4 results miss market expectations
DR Horton Inc. (DHI) missed market expectations on both revenue and earnings for the fourth quarter of 2018. The stock…
Monster Beverage stock falls on strained Coca-Cola deal, despite Q3 beat
Shares of Monster Beverage (MNST) fell sharply after it hinted at a crack in its relationship with rival and partner…
Cardinal Health posts better-than-expected Q1 earnings
Cardinal Health Inc. (CAH) reported a 408% jump in earnings for the first quarter helped by a gain on disposal…