GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin off the healthcare business and divest its…
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin off the healthcare business and divest its…
Shares of homebuilder Lennar (LEN) rose 2.6% during premarket trading after the company topped both top and bottom line estimations during Q2 2018. This is…
As smartphone giant Xiaomi Corp readies itself for a mammoth IPO in Hong Kong, China’s billionaires are circling for a slice of the pie. These…
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and 2.09%, respectively. Especially, the semiconductor…
The leading cloud service providers have one thing in common – in most cases cloud is not their core business, but it continues to drive…
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring 10% during morning trade on Monday. There…
The much-delayed sale of General Electric’s (GE) industrial gas engines unit is close to being finalized. Divesting the unit, which makes the Jenbacher and Waukesha…
Thanks to the brewing trade war between the US and its allies, numerous automobile companies having customers around the globe are left in the lurch.…
Intel Corp. (INTC) is facing a shakeup after the unexpected exit of its CEO Brian Krzanich over non-fraternization policy violations. The chipmaker will soon come…
Only a few days after getting the court’s green signal for the Time Warner deal, AT&T (T) has inked an agreement today to buy ad…