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Google will buy smartwatch technology from Fossil for $40 million
Alphabet Inc.’s (GOOGL) subsidiary Google is buying smartwatch technology worth $40 million from Fossil Group (FOSL). The sale...
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Tailored Brands stock drops to 17-month low
Tailored Brands (TLRD) stock fell to a 17-month low of $11.37 on Thursday as the specialty apparel retailer...
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Chip stocks slip after Apple supplier predicts weaker smartphone demand
Adding to the concerns that the smartphone boom is finally leveling off, component suppliers are witnessing a marked...
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China growth to slow down in 2019 on slumping domestic demand, tariff concerns
A Reuters poll suggests that China’s economy might slow to 6.3% in 2019 due to weakening domestic demand....
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Commerce Bancshares beats earnings consensus by a cent in Q4
Commerce Bancshares, Inc. (NASDAQ: CBSH) reported fourth-quarter results that surpassed street estimates, thanks to a favorable credit environment....
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Alcoa Q4 earnings beat estimates amidst tough macro factors
Alcoa’s (NYSE: AA) fourth quarter earnings beat analyst consensus despite tough macro trends due to ongoing trade wars...
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Red Hat shareholders give green signal for acquisition by IBM
The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion...
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Snap’s stock plunges 11% after news of CFO’s exit
Snap Inc. (SNAP) saw its shares topple 11.7% in morning trade on Wednesday after the company disclosed that...
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Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations...
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Nissan might sue ousted chairman Carlos Ghosn
Renault SA chief and former Nissan Motor Co chairman Carlos Ghosn might be facing a civil suit from...
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Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported...
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Salesforce might buy ClickSoftware for $1.5 billion
Cloud-computing giant Salesforce.com (CRM) is said to be in talks with ClickSoftware Technologies to buy the Tel Aviv-based...