Market News
Applied Materials to take over Kokusai Electric for $2.2 billion
Applied Materials Inc. (NASDAQ: AMAT) announced its decision to acquire Kokusai Electric Corporation from investment firm KKR for $2.2 billion…
Earnings preview: What to expect from Simply Good Foods Q3 2019 results
The Simply Good Foods Company (NASDAQ: SMPL) is scheduled to report its earnings results for the third quarter of 2019…
Apple plays catch-up in self-drive tech, even as Google makes solid headway
Earlier this week, Apple Inc. (NYSE: AAPL) acquired self-driving shuttle firm Drive.ai. Drive.ai was reportedly planning to lay off 90…
Pfizer secures FDA approval for oncology biosimilar Zirabev; stock gains
A day after appointing former FDA chief Scott Gottlieb to its board of directors, pharma giant Pfizer (PFE) said it…
CalAmp slips to a loss in Q1 but beats estimates
CalAmp Corp. (NASDAQ: CAMP) slipped to a loss in the first quarter of 2020 from a profit last year, due…
Chinese mobile internet firm Cheetah Mobile dips to record low
Cheetah Mobile (NYSE: CMCM) stock plunged to a record low of $3.43 on Thursday as investors remained concerned about the…
Ford announces restructuring in Europe with job cuts and factory closures
Ford Motor Company (NYSE: F) has announced a new restructuring plan in Europe in order to improve efficiency and profitability,…