Broadcom turns to software with odd $19-billion deal
Raising many an eyebrow, Broadcom (AVGO) announced that it would buy CA Technologies (CA) for $18.9 billion in cash. This…
Delta overcomes fuel woes; Q2 results beat street view
Benefitting from a record increase in revenues aided by broad-based traffic growth, aviation firm Delta Airlines (DAL) reported better-than-expected earnings…
Alphabet’s drone, balloon units fly out to become independent entities
Over the years, Google parent Alphabet (GOOG, GOOGL) has been successful in perfecting most of its seemingly whacky ideas through…
American Airlines’ downbeat outlook leaves airline sector in the red
American Airlines (AAL), which carried above 198 million passengers in 2017 and holds “the largest airlines of the US” title…
Starbucks needs to address pricing issue
Starbucks (SBUX) stock remained on the positive track till June 19, but everything changed when the coffee giant provided a…
Fox raises bid for Sky to $32.5 billion; Wall St eager for Comcast’s response
21st Century Fox (FOX) has increased its bid for Sky plc (SKY) to $32.5 billion. Fox’s price is at a…
Will Amazon eclipse the $1 trillion market cap?
The race for joining the $1 trillion market cap seems to be getting intense in 2018. Amazon (AMZN) is expected…
Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott
Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as…
Pfizer plans to split into 3 units, foray into hospital business
Drugmaker Pfizer (PFE) is embarking on a major reorganization, under which it will be divided into three units. The highlight…
David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO
Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann…