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…
Hasbro’s Jenga tower gets toppled by Toys R Us, shares fall
Hasbro Inc. (HAS) reported a 16% decline in revenues to $716.3 million for the first quarter of 2018, due to…
Kimberly-Clark shares shine on strong Q1 earnings
Earnings of consumer goods manufacturer Kimberly-Clark (KMB) rose in the first quarter on higher sales, in line with expectations. Meanwhile,…