Market News
Volkswagen looks to produce 50 million electric vehicles
Volkswagen has been at the center of controversy in the recent years, especially since the emissions scandal broke. But now,…
Companies reporting earnings this week: Nov 12 – 16
A slew of major companies are reporting earnings this week. Home improvement retailer Home Depot (HD) will announce third-quarter earnings…
Meat demand likely to drive Tyson Foods’ Q4 results
Meat manufacturer Tyson Foods Inc. (TSN) is set to report its fourth-quarter results on Tuesday at 7:30 am. The demand…
Athenahealth Q3 profit jumps 65%, reaffirms 2018 forecast
The healthcare software company Athenahealth Inc. (ATHN) reported a 65% jump in earnings for the third quarter helped by higher…
Microsoft pays $1.3 billion in cash in connection to GitHub deal
Tech giant Microsoft Corp (MSFT) in a Thursday filing said that it paid $1.3 billion in cash in connection to…
A bleak future awaits e-cig brands as the hype proves to be flawed
The safety of e-cigarette has been a point of contention ever since it was made popular by people who are…
Key comments from the Walt Disney earnings conference call
Walt Disney Company (DIS) reported strong revenue and earnings growth for the fourth quarter of 2018, which surpassed market expectations.…
Adient Q4 earnings fall on higher costs, despite revenue growth
Adient plc (ADNT) Friday reported a decline in fourth-quarter adjusted earnings, hurt mainly by higher operating costs. Revenues, meanwhile, increased…
Ford is acquiring scooter-sharing company Spin
Ford Motor Company (F) is acquiring scooter-sharing firm Spin in a deal said to be valued at $40 million, although…
Coca-Cola confirms energy drink launch as the Monster spat intensifies
On Thursday, The Coca-Cola Company (KO) confirmed its plans to launch two energy drinks under the brand Coca-Cola, in a…