Market News
Brighthouse Financial stock loses shine as it hits all-time low
Shares of Brighthouse Financial (BHF), which spun-off from Metlife (MET) in 2017, touched an all-time low of $40.22 on Wednesday…
Rite Aid swings to profit in Q1 on one-time gains
Drugstore chain Rite Aid (RAD) swung to profit in the first quarter owing to one-time gains from the sale of…
Lockheed Martin to benefit from steady flow of defense contracts
Lockheed Martin (LMT) is one of the few Wall Street companies that registered steady growth over the years. Matching its…
The Fox-Disney-Comcast-Sky conundrum gets a new twist
21st Century Fox (FOX) does not want to go with Comcast (CMCSA). The Rupert Murdoch-owned media company tossed aside a…
Facebook revokes ban on digital currency ads
Finally, there is some positive news for cryptocurrency enthusiasts! Only months after Facebook (FB) banned advertisements of digital currencies from…
Upcoming Boeing jets may fly five times faster than sound
Airplanes, capable of flying faster than sound, were considered the fastest mode of transport until recently. The latest developments indicate…
It might be the final nail on the coffin for the largest US nail maker
Poplar Bluff, Missouri-based Mid-Continent Nail plant laid off 60 workers last week as steel tariffs affected this household name. By…
Google bids adieu to AdWords and DoubleClick brands
Alphabet’s (GOOGL) subsidiary Google has decided to rebrand its marketing and advertisement services, and as part of this decision, the…
Tesla slashes Model 3 pricing
Tesla (TSLA) seems to be marching ahead to a profitable second half of the year, thanks to an effective tent…
Conagra revives takeover talks with Pinnacle Foods
Conagra Foods (CAG), which is busy reshuffling its brand portfolio, is said to have revived the takeover discussion with its…