Market News
GSK teams up with Pfizer to announce major changes to business
GlaxoSmithKline plc (GSK) and Pfizer Inc. (PFE) have decided to combine their consumer health businesses in an all-equity transaction that…
GE shares spike on reports of healthcare unit spin-off
General Electric (GE) shares jumped 8% during intra-day trading on Wednesday after the company reportedly filed for the IPO of…
Canada-listed cannabis firm Harvest bags every license it applied for in Pennsylvania
Canada-listed Harvest Health & Recreation, Inc. announced it won every license it applied to open more retail stores. According to…
Federal Reserve likely to lift rates by a quarter point
The Federal Reserve is widely expected to lift the key borrowing rate for the fourth time this year by a…
New dawn for urban transport as Elon Musk unveils first underground tunnel
Putting an end to speculations, the futuristic transportation tunnel envisaged by Tesla (TSLA) CEO Elon Musk was opened in Los…
SoftBank Corp’s massive debut-day slump pulls down Tokyo market
SoftBank Corp, the telecommunications unit of SoftBank Group Corp, closed down 14.5% on its first trading day at the Tokyo…
Jabil Q1 profit jumps 94% beats estimates
Electronics manufacturing company Jabil Inc (JBL) reported a 94% jump in earnings for the first quarter helped by the positive…
Earnings preview: BlackBerry to post upbeat Q3 results
The once-thriving smartphone maker BlackBerry (BB) is set to release its third-quarter earnings results on Thursday before the bell. The…
Credit Suisse turns bearish on S&P 500 amid volatility, cuts price target
Wall Street is probably set for a not-so-impressive start to 2019, if the current trend is any indication. Compared to…
Earnings preview: Conagra Brands likely to post upbeat Q2 results
Conagra Brands (CAG) is set to report its second-quarter results on Thursday before the market opens. The packaged food company…