Market News
Earnings Preview: Bausch Health looks for cure in Q3
Valeant Pharmaceutical (VRX) that changed name and ticker in mid-July to Bausch Health Companies (BHC) is expected to report its…
Rite Aid narrows earnings outlooks ahead of Albertsons vote
Shares of the drug retailer Rite Aid Corp (RAD) tanked on Monday after the company narrowed its fiscal 2019 earnings…
First glance at Facebook Dating
Almost three months after Facebook (FB) announced its plans to launch a dating application at the F8 event, the company…
Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of dumping its…
New Goldman CEO picks Jim Esposito as co-head of equity division
After reporting excellent earnings and revenue numbers for the second quarter, Goldman Sachs (GS) is taking forward the management reshuffle…
Indra Nooyi steps down as PepsiCo CEO; Ramon Laguarta to succeed
PepsiCo’s (PEP) Indra Nooyi stepped down as the company’s CEO on Monday and the Board of Directors elected Ramon Laguarta…
Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the wrong reasons…
Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question – whether…
MoneyGram stock hits new yearly low after weak outlook
MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness in revenue…
5G smartphone is here, but 5G isn’t
Lenovo-owned Motorola has launched what it claims to be the first 5G smartphone. Moto Z3 along with the magnetic 5G…