Market News
Apple might launch 6 watch models next month
Though Apple (AAPL) is highly secretive about its launch line-up, almost every time it fails to plug at least one…
Tyson Foods gets buff with $2.2-bn Keystone buyout
Meat manufacturer Tyson Foods Inc. (TSN) has been aggressively expanding its product portfolio in recent months through strategic acquisitions. Continuing…
PepsiCo gobbles up SodaStream for $3.2 billion
PepsiCo (PEP) is planning to buy SodaStream (SODA), a producer of carbonated drink-making machines, for $3.2 billion. The $144-per share…
Anti-climax: Tesla rival might bag Saudi investment
Apparently, it’s not just Tesla (TSLA) that Saudi Arabian sovereign wealth fund PIF is in talks with. Citing people familiar…
Best Buy dabbles into healthcare space with GreatCall acquisition
Best Buy (BBY) announced Wednesday that it is acquiring GreatCall for $800 million, which marks its foray into healthcare domain.…
Schoolboy hacks into Apple’s server, downloads 90GB of data
Searching for the mastermind who had hacked into Apple’s (AAPL) corporate computer network, the Australian Federal Police ended up in…
After Buffett and Dimon, Trump pushes to end quarterly results
Earlier in June, two Wall Street veterans had lambasted the practice of announcing quarterly results, stating it would hinder the…
Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT
In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life and health…
Nordstrom surges above 10% on strong Q2 results
Fashion retailer Nordstrom (JWN) reported strong second-quarter results after the closing bell. The company witnessed a 7% jump in revenues reaching…
We now know what’s causing food safety issues for Chipotle
Chipotle Mexican Grill’s (CMG) biggest nightmare has been the food poisoning incidents that rocked the burrito chain over the past…