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Market News

TransDigm inks $4-billion deal to acquire Esterline Technologies

Aerospace component supplier TransDigm Group (TDG) has agreed to acquire its rival Esterline Technologies (ESL) in a deal worth $4…

Wells Fargo positioned to post upbeat Q3 results despite mounting pressures

Wells Fargo (WFC) is set to post its results for the third quarter on Friday. The results could remain the…

Taxi race turns to Wall Street as Lyft, Uber shift to IPO mode

If everything goes as planned, some long-awaited IPOs from the ride-hailing sector will become a reality by next year. Though…

Huawei sets the chip war alight with new AI based launch

Fresh out after beating Apple (AAPL) in global smartphone sales, Huawei Technologies has now revealed two new artificial intelligence chips…

Regulators on Google’s tail after alleged privacy breach

According to a new report, at least two EU member nations and two US states are investigating a Google breach,…

Sears stock plunges 25% as it nears possible bankruptcy

Shares of Sears Holdings (SHLD) plummeted on Wednesday on reports that the struggling retailer is expected to file for Chapter…

Earnings Preview: Fastenal likely to beat Q3 results on strong demand

Fastenal Company (FAST) is scheduled to report its quarterly earnings results for the third quarter ended September 30, 2018, on…

Trian Fund pondering Papa John’s takeover

Activist hedge fund Trian Fund Management is reportedly considering a takeover of Papa John’s International Inc. (PZZA), according to a…

Shaken by the tariff wind, Dollar Tree is facing a social issue

The unique business model followed by dollar stores has been quite successful over the years. Most of them have remained…

Pharmacy growth might aid Walgreens to deliver upbeat Q4 results

Walgreens Boots Alliance (WBA) sales from its pharmacy stores are likely on the upward growth for the recently completed fourth-quarter…