Market News
A look at sales trends and forecasts in the US automobile industry
A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks…
Companies reporting earnings this week: Dec 17 – 21
A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce third-quarter earnings…
Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs,…
Earnings preview: Weak cloud to hurt Oracle Q2 results
Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The top line…
Johnson & Johnson: Key points on the asbestos report and stock slide
Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that…
Merck strengthens animal health division with $2.4-bln Antelliq buyout
Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are enhancing their…
Starbucks lays out growth plans for key markets
Starbucks (SBUX) laid out a number of growth strategies for two of its key markets, US and China, at its…
Delta Air Lines stock falls despite 2019 initial guidance
Delta Air Lines (DAL) stock fell over 4% just an hour of market close on Thursday as investors were unsatisfied…
A look at some of SoftBank’s major investments
SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up…
General Electric shares bounce back after rating upgrade, IoT venture
General Electric (GE) has reached a pivotal point in its aggressive restructuring program, marked by the divestment of loss-making business…