Novartis to demerge underperforming eyecare business Alcon
For the past few years, Novartis (NVS) has been concentrating more on the development of new drugs by bringing innovation…
FCC fines AT&T $5.25 million over major outages in 2017
When an unplanned downtime occurs, every second counts, as it can have a grave impact on the business. Unfortunately, for…
KB Home stock rebounds after Q2 earnings beat
Benefitting from the strong demand for residential properties and higher prices, revenues of KB Home (KBH) rose sharply in the…
Guess which is the fastest-growing smartphone market… (Hint: Not China!)
Over the past few years, we have witnessed a rampant expansion of the smartphone market throughout the world, almost reaching…
Tesla’s information chief Gary Clark steps down
Tesla’s (TSLA) Chief Information Officer Gary Clark is leaving the company as part of its restructuring plan to achieve profitability…
Constellation Brands stock dips on Q1 earnings miss
Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal…
A timely gesture from Twitter brings accountability to political advertising
It’s an irony that most social media users consider online commercials as a distraction, though advertisements are the primary revenue…
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation…
Coffee Bean & Tea Leaf plans to open 100 stores in New York
It’s been hardly a week since Starbucks (SBUX) announced that it’s planning to close 150 under-performing stores across the US…