Market News
eBay stock plunges to yearly low on competition worries
eBay Inc. (EBAY) stock hit the yearly low of $30.75 on Thursday as the online retail company is struggling against…
Lockheed Martin’s feature-rich F-35 jet is probably a flight of fancy
There was a fair amount of skepticism when Lockheed Martin (LMT) struck a deal with the US government to develop…
US Postal Service is raising stamp prices to salvage itself
The US Postal Service plans to increase the price of its first-class mail forever stamps as the agency is facing…
Apple invests $600 million in UK-based Dialog Semiconductor
Apple (AAPL) strengthens its in-house making capabilities of iPhones and iPads by investing $600 million in buying UK-based firm Dialog…
Post-selloff, stock futures stabilize as consumer price growth cools
It is natural that investors look for solace in economic indicators whenever there is a stock crash, like the mid-week…
Commerce Bancshares Q3 profit jumps 53%, beats estimates
Commerce Bancshares (CBSH) reported a 53% jump in earnings in the third quarter driven by a strong economy, higher interest…
Walgreens Q4 earnings beat; stock tanks on sales miss
Benefitting from strong pharmacy sales in the US, earnings of drugstore chain Walgreens Boots (WBA) rose sharply and topped Wall…
Sarah Friar to bid adieu as Square CFO
Square Inc.’s (SQ) CFO Sarah Friar will exit from her position at the end of this year and is set…