Verizon Communications Inc. (VZ) reported a 6.6% growth in consolidated operating revenues to $31.8 billion for the first quarter of 2018, compared to the prior-year…
Earnings of Lockheed Martin (LMT), the biggest defense contractor in the country, increased sharply in the first quarter supported by broad-based sales growth. The key…
With the loss of patent protection for its flagship drugs – Lipitor and Viagra – drugmaker Pfizer (PFE) has been struggling to revive its sales. The…
Eleven Biotherapeutics Inc. (EBIO), a biologic oncology company, touched a new yearly high of $2.12 on Monday. According to a report, the results are expected…
The European Commission (Commission) has launched a probe on the impending Apple’s acquisition of Shazam. The regulator is wary that the proposed merger would reduce…
Google parent Alphabet (GOOG, GOOGL) reported better than expected earnings and revenues in the first quarter, helped by a strong performance in the advertising division.…
After Spotify (SPOT) went public this year, its rival Tencent Music, the music streaming division of China’s largest company Tencent, now plans to become the…
Hardly a month since the Cambridge Analytica saga blew up, Facebook (FB) is facing yet another lawsuit. UK-based Martin Lewis, who runs MoneySavingExpert.com portal, has…
Walmart Inc. (WMT) is looking to acquire a majority stake in Indian e-commerce company Flipkart Online Services Pvt. for at least $12 billion. Flipkart’s largest…
In one of the largest deals in the utility industry, CenterPoint Energy (CNP) has agreed to acquire rival Vectren Corp (VVC) for around $6 billion.…
