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Newell starts shedding flab, divests packaging business Waddington

In what could be the beginning of a comprehensive corporate restructuring, consumer products maker Newell Brands (NWL) has decided to…

Elon Musk clarifies on his ‘surreal’ earnings call performance

Two days ago, Tesla Inc. (TSLA) reported a huge quarterly loss, and then CEO Elon Musk went on to do…

Market: Stocks rise after jobs report

US stock market opened lower today as seen from major index futures but turned course to green after a Labor…

Xiaomi files to go public on Hong Kong Exchange

One of Apple’s (AAPL) biggest rival in Asia, Chinese smartphone maker Xiaomi, filed to go public on the Hong Kong…

Ionis Pharmaceuticals reports first quarter 2018 results

Ionis Pharmaceuticals Inc. (IONS) reported total revenues of $144 million for the first quarter of 2018, an increase of 25%…

Fred reports fourth quarter loss of 62 cents

Drugstore retailer Fred Inc. (FRED) that was due to report the fourth quarter earnings on April 18, postponed the release…

Celgene posts upbeat Q1 results on multiple myeloma drug

U.S. biotechnology company Celgene (CELG) reported better-than-expected first quarter results, as its flagship drug for multiple myeloma continued to increase…

Alibaba Q4 results beat estimates on strength of core commerce

Alibaba Group (BABA) reported double-digit growth in its fourth quarter earnings and revenues, aided by strong performance in its core…

Subscription revenue lifts Pandora’s 1Q results

The share price of Pandora Media (P) jumped 7% in after-hours trading after the music platform reported better-than-expected first quarter…

Cambridge Analytica shutting doors; cites irreparable damage from Facebook scandal

British data analytics firm Cambridge Analytica (CA) has decided to close its operations in the U.K. and the U.S. and…