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…
Economy close to full employment as job vacancies hit record high
The economy is passing through a phase that is uniquely favorable for the employment market, with the highlights being record…
Top analyst drops a bombshell, predicts Microsoft will buy Netflix
A media analyst with over four decades of experience just dropped a bombshell today. In an interview with CNBC, Porter…