Market News
Eli Lilly acquires ARMO Biosciences; strengthens oncology portfolio
Indianapolis-based pharma giant Eli Lilly (LLY) said it would acquire late-stage immune-oncology company ARMO Biosciences (ARMO) for $1.6 billion, or…
Novavax tumbles as net loss widened during 1Q
Shares of the synthetic vaccine maker Novavax (NVAX) tumbled about 6% during the extended hours trading session after the company…
Fox buys Sinclair channels to strengthen foothold in key markets
While Comcast (CMCSA) and Walt Disney (DIS) continue their fight for the film and TV studios of 21st Century Fox…
Match Group is not scared of Facebook
Facebook (FB) recently made waves when it announced its new dating feature at the F8 conference; So much so that…
ZTE’s main business operations stalled following the US ban
Chinese smartphone maker ZTE that has been plugged into the biggest crisis after being slapped with a seven-year U.S. export…
Roku Q1 loss narrows on strong platform revenues; stock gains
TV streaming platform Roku Inc. (ROKU) Wednesday reported a narrower net loss for the first quarter when overall performance improved…
Vodafone to buy Liberty Global assets in Germany and Eastern Europe
British telecom giant Vodafone Group (NASDAQ: VOD) is looking to acquire Liberty Global’s (NASDAQ: LBTYA, LBTYB, LBTYK) operations in Germany,…
Facebook overhauls management structure, with focus on privacy
Facebook (FB) has brought about some fundamental changes to the organizational structure, after winding up the first quarter with blockbuster…