Market News
Google extends cloud push with acquisition of data migration startup
For tech giant Google (GOOG, GOOGL), the primary hurdle in its efforts to expand the cloud business has been the…
Intercept stock surges on positive data from liver fibrosis drug study
Intercept Pharmaceuticals (ICPT) had surged about 25% in the pre-market session on Tuesday after the biopharma company announced positive topline…
Downgrade of General Dynamics reflects weakness in defense sector
The performance of two key segments of General Dynamics (GD) – combat systems and mission systems – was essentially flat…
Earnings preview: Refranchise to hurt Jack in the Box Q1 revenue
Jack in the Box (JACK) is set to report its first quarter 2019 operating results on Wednesday after market close.…
Kellogg’s looking to buy Indian snack firm worth $3 billion
In order to beat the slowing sales of core serial products, Kellogg’s (K) has been on a global hunt for…
Upcoming earnings for the week Feb 25 to March 1
A slew of major companies are reporting earnings for the week February 25 to March 1. The world’s largest department…
Anadarko adds India’s Bharat Petroleum as co-venturer in Mozambique exploration
Anadarko Petroleum Corp (APC) announced the sale and purchase agreement for India’s Bharat Petroleum Corporation Ltd to be a co-venturer…
Apple’s stock falls as Berkshire Hathaway cuts stake
Apple Inc.’s (AAPL) stock is down 0.25% after it was revealed that Warren Buffet’s Berkshire Hathaway (BRK) lowered its stake…
Cognex Q4 results tops estimates despite weak macros, stock surges 4%
Cognex Corporation (NASDAQ: CGNX) reported stellar results for the fourth quarter despite weak macros. The company’s stock price jumped above…