Market News
Fox raises bid for Sky to $32.5 billion; Wall St eager for Comcast’s response
21st Century Fox (FOX) has increased its bid for Sky plc (SKY) to $32.5 billion. Fox’s price is at a…
Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott
Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as…
Pfizer plans to split into 3 units, foray into hospital business
Drugmaker Pfizer (PFE) is embarking on a major reorganization, under which it will be divided into three units. The highlight…
David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO
Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann…
AngioDynamics misses Street consensus, shares dip
AngioDynamics (ANGO) swung to a profit in the fourth quarter from a loss last year, helped by last year’s reserves…
Mercury Systems stock looks bullish in the long run
The recovery of Mercury Systems (MRCY) from the April-end slump seems to have slowed down after a 16% jump. Shares…
Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by…
VOXX International Q1 loss narrows on lower expenses
Audio equipment maker VOXX International (VOXX) Tuesday said its net loss narrowed slightly in the first quarter, helped mainly by…
With orders pouring in, Boeing flies above Airbus in first half
A spurt in demand for the latest passenger jets helped Boeing (BA) extend the lead over its European rival Airbus…
Simulations Plus revenue jumps 27% for Q3
Drug discovery and development software developer Simulations Plus (SLP) reported upbeat results in its third quarter with revenue climbing 26.7% to…