Market News
Medtronic to acquire Mazor for $1.64 billion
Medtronic plc (MDT) has agreed to buy Mazor Robotics for $1.64 billion. The all-cash deal, which amounts to $29.25 per…
Quick look at Amazon’s Seattle-event launches
Amazon (AMZN) unveiled a set of Alexa-equipped hardware products at an event held on Thursday at its Seattle headquarters. With…
Tesla may be moving to a one-man show, literally
The talent drain at Tesla (TSLA) worsened in recent weeks even as the company struggled to put up a good…
United Natural Foods stock drops on weak Q4 results
United Natural Foods Inc. (UNFI) reported a 15.6% dip in earnings for the fourth quarter due to a shift in…
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…