Market News
Adobe to buy Marketo, defying Salesforce dominance
Adobe Systems (ADBE) has agreed to buy marketing software company Marketo for $4.75 billion. The largest ever deal for Adobe,…
HP stock on a roll post launch of metal printer
HP Inc (HPQ) stock opened higher on Thursday and went on to touch a new yearly high of $25.78, which…
Game stocks gain a bounty as focus shifts to cloud
The holiday season is a much-anticipated time of the year for video game makers, like the retailers who also start…
Volkswagen stops business with Iran
German carmaker Volkswagen will stop all business relations with Iran, following weeks of discussions with the Donald Trump administration, Bloomberg…
Under Armour revs up restructuring program with 3% job cut
Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The…
Herman Miller stock rises on upbeat Q1 results
Herman Miller Inc. (MLHR) reported an 8.2% jump in earnings for the first quarter helped by broad-based sales growth and…
Supervalu deal to take center stage at United Natural Foods Q4 call
United Natural Foods Inc. (UNFI) is reporting its fourth-quarter results on Thursday and analysts expect upbeat earnings and revenue from…
Tilray soars on CEO’s optimistic views on marijuana industry
Shares of marijuana producer Tilray (TLRY) skyrocketed over 50% during today’s morning trading session and the stock hit a fresh…
Why has Apple killed iPhone X? Where can you still get it?
Apple (AAPL) announced that it is discontinuing the previous iterations of iPhone including iPhone X, 6S, 6S Plus, and iPhone…
AutoNation’s rockstar CEO to step down
CEO Mike Jackson, under whose leadership AutoNation (AN) stock grew more than thrice, announced that he plans to step down…