Month: January 2019
UniFirst Q1 profit jumps 12%, beats estimates
UniFirst Corporation (UNF) reported a 12% jump in earnings for the first quarter of fiscal 2019 helped by higher revenues…
Bristol-Myers Squibb swallows Celgene for $74-bln; Celgene stock surges
Bristol-Myers Squibb (NYSE: BMY) acquired its peer Celgene (NASDAQ: CELG) in a $74-billion cash-and-stock deal. Under the agreement terms, Celgene…
Simply Good Foods Q1 earnings jump on strong sales growth
The Simply Good Foods Company (SMPL) Thursday reported an increase in net profit for the first quarter of 2019 when…
2018 sees a new global leader in electric vehicle consumption
Despite their constant push, neither the US nor China could outbid the western European countries as a leader in the…
More Whole Foods stores in cards as Amazon continues expansion spree
After redefining the retail marketplace through digital onslaught, Amazon (AMZN) is currently shifting focus to its physical retail strategy. The…
Apple cuts down Q1 revenue outlook, stock plummets
Apple (AAPL) started 2019 with an announcement that disappointed its investors. The tech giant’s CEO Tim Cook said in a…
Roku stock rises as it adds premium subscriptions to The Roku Channel
Streaming service company Roku Inc. (ROKU) announced that it is adding premium subscriptions to The Roku Channel. Roku customers will…
Recovery hopes brighten after GE starts 2019 on a positive note
Extending the positive momentum seen towards the end of last year, General Electric (GE) started 2019 with a surprise gain.…
Dominion Energy adds SCANA Corp into its domain
SCANA Corp on Wednesday completed its assimilation into Dominion Energy (D), with the proposed merger bringing together consumers from Georgia,…
Cambrex Corp. completes acquisition of Avista Pharma solutions
Life sciences company Cambrex Corp. (CBM) Wednesday completed its previously announced acquisition of Avista Pharma Solutions, a biotech firm engaged…