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Gilead names Daniel O’Day as Chairman and CEO
Gilead Sciences Inc. (GILD) has named Daniel O’Day as its new Chairman and Chief Executive Officer, effective March...
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Companies reporting earnings this week: Dec 10 – 14
A slew of major companies are reporting earnings this week. Specialty apparel retailer Ascena Retail Group (ASNA) will...
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Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear...
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Facebook’s image suffers some more bruising
Facebook Inc. (FB) had its share of controversies this year. From the much-talked-about Cambridge Analytica scandal to security...
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Fiat comes to Detroit just as GM plans to leave
Fiat Chrysler Automobiles NV (FCAU) is planning to reopen one of its factories in Detroit to build its...
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Lyft files for public listing ahead of Uber, likely to be valued around $30 bn
Ending months of speculations, ride-hailing service Lyft filed for public listing on Thursday. The San Francisco-based company, which...
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A quick look at analyst recommendations on Tesla (TSLA) stock
Though analysts, in general, remain skeptic about the health of Tesla Motors (TSLA), the recent operational improvements in...
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Moderna raises over $600-million through IPO, falls below IPO price
Biotech company Moderna raised above $600 million on Thursday by selling about 26 million of its common stock...
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Blue Bird Q4 earnings miss amid high input costs; revenues beat
Blue Bird Corporation (BLBD), which designs and manufactures school buses, reported an increase in earnings for the fourth...
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Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group
Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion)...
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Magellan Health (Nasdaq: MGLN) announces fiscal 2019 earnings outlook
Fortune-500 company Magellan Health, Inc. (NASDAQ: MGLN) today announced its fiscal 2019 outlook. The healthcare giant now sees...
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Vail Resorts posts wider loss in Q1
Vail Resorts Inc. (MTN) reported a wider loss in the first quarter due to the effect of acquisition...