Pfizer’s cancer drug hits FDA roadblock
With the loss of patent protection for its flagship drugs – Lipitor and Viagra – drugmaker Pfizer (PFE) has been struggling…
April 23: Top 52-week highs and lows of the day
Eleven Biotherapeutics Inc. (EBIO), a biologic oncology company, touched a new yearly high of $2.12 on Monday. According to a…
European Commission presses the pause button for Apple-Shazam deal
The European Commission (Commission) has launched a probe on the impending Apple’s acquisition of Shazam. The regulator is wary that…
Alphabet earnings soar on strong ad revenues, top estimates
Google parent Alphabet (GOOG, GOOGL) reported better than expected earnings and revenues in the first quarter, helped by a strong…
Tencent Music gets ready for IPO; valuation could cross $25 billion
After Spotify (SPOT) went public this year, its rival Tencent Music, the music streaming division of China’s largest company Tencent,…
Facebook faces yet another lawsuit for showing fake ads
Hardly a month since the Cambridge Analytica saga blew up, Facebook (FB) is facing yet another lawsuit. UK-based Martin Lewis,…
Walmart & Flipkart: a match made in retail heaven?
Walmart Inc. (WMT) is looking to acquire a majority stake in Indian e-commerce company Flipkart Online Services Pvt. for at…
CenterPoint’s purchase of Vectren signals a new era in the utility sector
In one of the largest deals in the utility industry, CenterPoint Energy (CNP) has agreed to acquire rival Vectren Corp…
Hoping to get a better slice of Domino’s this quarter
The last time Domino’s Pizza (DPZ) reported earnings, it was kind of a mixed bag. While the company managed to…