Market News
Now, Walmart is set to woo New Yorkers with e-commerce offerings
Walmart’s (WMT) aggressive and rapid adoption of e-commerce over the last decade has been an inspiration for the other American…
Xiaomi makes a stellar rebound after a dud debut
First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a…
JM Smucker sheds baking brands to focus on pet foods, snacking
JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for…
Celgene gets a booster shot from recent positive clinical trial results
Troubled pharma giant Celgene (CELG) has announced 3 positive clinical trial results in the past two weeks. Today, the company…
FTC clears Takeda’s acquisition of Shire
The US Federal Trade Commission (FTC) has given its nod for the proposed $62 billion acquisition of Shire (SHPG) by…
Trump’s message doesn’t hurt Pfizer and other drugmakers
Right from his campaigning days, President Trump was slamming the US pharma companies for the high drug prices. In his…
Tariffs and trade war hurting American farmers
The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the…
Groupon may soon find a deal for itself
Shares of embattled daily-deals website Groupon (GRPN) surged on Monday after the company announced that it is looking for a…
Nissan concurs on fudging emission stats
Japan’s second largest automaker Nissan revealed today that it has identified slip-ups in the emission and fuel economy inspections, which…