Market News
Amazon Web Services is becoming a force to reckon with
Amazon.com Inc.’s (AMZN) Amazon Web Services (AWS) division is growing at a rapid pace and is on its way to…
Splunk stock rises on upbeat Q3 results, guidance
Machine data specialist Splunk Inc. (SPLK) reported a wider loss in the third quarter due to higher costs and expenses.…
Tonix Pharmaceuticals skyrockets on additional details of a Phase 3 trial
Tonix Pharmaceuticals (Nasdaq: TNXP) stock skyrocketed during Thursday’s trading session after the pharma company announced additional details of its Phase…
McDonald’s turnaround on track; stock hits new peak after upgrade
After making a dismal start to the year, often underperforming the market, McDonald’s (MCD) has made a noticeable recovery in…
Bayer looks at global lay-offs and divestments post Monsanto acquisition
German drugmaker Bayer (Frankfurt:BAYGn) on Thursday announced the divestment of many businesses, about 12,000 layoffs and $3.8 billion in impairments.…
Unilever announces CEO retirement
Unilever Plc (UL) announced that its CEO Paul Polman was planning to retire, effective January 1, and that Alan Jope,…
CVS-Aetna merger promises a new dawn for healthcare sector
The healthcare sector this week witnessed the coming together of two leading players, under a merger deal that stands out…
Defying tech selloff, Microsoft races ahead of Apple in market cap
A few months ago, Apple (AAPL) achieved an enviable milestone when its market value crossed the $1-trillion mark. However, the…
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…
Chico’s FAS stock dips on weak Q3 earnings
Women’s specialty retailer Chico’s FAS Inc. (CHS) reported a 61% dip in earnings for the third quarter due to lower…