Walmart shares plunge after announcing mammoth deal with India’s Flipkart
Supermarket veteran Walmart started its full-scale invasion into the cutthroat Indian e-commerce market, as it announced buying a majority stock…
Takeda finally acquires Shire in a $62 billion deal
Perseverance finally paid off. After four snubs, Japan’s pharma company Takeda succeeded in notching the biggest deal ever in the…
Twilio’s 1Q revenue tops estimates; raises outlook
Twilio (TWLO) reported its first quarter results after the closing bell. The cloud platform’s revenues beat analyst estimates jumping 48%…
Monster Beverage posts downbeat earnings and revenue in first quarter
Monster Beverage Corporation (MNST) reported a 14.7% increase in net sales to $850.9 million for the first quarter of 2018…
TripAdvisor shares jump on Q1 earnings report
TripAdvisor’s (TRIP) shares took off after the company posted 2% gains in its first-quarter 2018 revenue, despite seeing profits wiped…
Electronic Arts stock up 2.5% on Q4 earnings beat
Earnings of video game maker Electronic Arts (EA) rose sharply in the fourth quarter as broad-based market share expansion lifted…
Disney posts upbeat Q2 results
Entertainment company Walt Disney (DIS) reported a 23% jump in earnings for the second quarter, helped by double-digit revenue growth…
‘Racist’ brands get a market beat-down, among other things
Racial profiling and incidents fueled by hate are back in the news. In the latest of incidents, Nordstrom Rack, owned…