Market News
JCPenney aims to capitalize on Babies R Us closure
JCPenney (JCP) may be struggling to stay relevant in a difficult retail environment, but the closure of Babies R Us…
IPO fears send Albertsons, Rite Aid apart
Rite Aid (RAD) and have Albertsons decided to terminate their $24 billion merger agreement due to stiff opposition from investors…
The first holographic smartphone is getting delayed
According to the latest reports, the most eagerly awaited Google (GOOGL) Android offering of the year, the Red Hydrogen One,…
Tribune-Sinclair merger falls flat amid regulatory intervention
An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after…
Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand
On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of…
Mars trek nears reality as Boeing, SpaceX aim for the sky
Whenever companies engage in healthy competition and try to outsmart each other, they continuously come under the scrutiny of the…
Novavax narrows its loss in Q2; stock surges
Novavax (NVAX) reported its second quarter results after the bell with a narrowed net loss on strong revenue jump. The…
Trade war: Fresh Chinese tariffs dim hopes for near-term resolution
The trade standoff between Washington and Beijing seems to be escalating into an intense economic warfare. The immediate effect of…
Earnings Preview: Dropbox to store more bytes in Q2
Dropbox (DBX) is likely to report its earnings for the second quarter on Thursday after the market closes. After beating…