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Confidence of Twitter users, investors hit by deepening security woes
With incidents of data breach becoming increasingly prevalent, going forward the credibility of social networking platforms will depend...
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SpaceX to raise $500-million funding from its existing shareholders and a Tesla investor
Elon Musk’s SpaceX is ready to raise $500 million through funding, making the rocket company’s valuation increase to...
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Worthington Industries Q2 profit dips 14%, misses estimates
Worthington Industries (WOR) reported a 14% dip in earnings for the second quarter due to rising input costs...
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Google drops Chinese search engine plans for now
Alphabet Inc.’s (GOOGL) subsidiary Google is said to have shut down the development of a censored search engine...
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Major infrastructure investments by FAANG members
Three members of the FAANG group – Apple (AAPL), Amazon (AMZN) and Google have announced major investments for...
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Earnings preview: Dining to pay-off for Darden in Q2
Darden Restaurants Inc. (DRI) is set to report its earnings for the second quarter on Tuesday before the...
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A look at sales trends and forecasts in the US automobile industry
A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and...
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Companies reporting earnings this week: Dec 17 – 21
A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce...
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Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by...
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Earnings preview: Weak cloud to hurt Oracle Q2 results
Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The...
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Johnson & Johnson: Key points on the asbestos report and stock slide
Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report...
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Merck strengthens animal health division with $2.4-bln Antelliq buyout
Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are...