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Takeda finally acquires Shire in a $62 billion deal
Perseverance finally paid off. After four snubs, Japan’s pharma company Takeda succeeded in notching the biggest deal ever...
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Monster Beverage posts downbeat earnings and revenue in first quarter
Monster Beverage Corporation (MNST) reported a 14.7% increase in net sales to $850.9 million for the first quarter...
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Disney posts upbeat Q2 results
Entertainment company Walt Disney (DIS) reported a 23% jump in earnings for the second quarter, helped by double-digit...
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‘Racist’ brands get a market beat-down, among other things
Racial profiling and incidents fueled by hate are back in the news. In the latest of incidents, Nordstrom...
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Economy close to full employment as job vacancies hit record high
The economy is passing through a phase that is uniquely favorable for the employment market, with the highlights...
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Top analyst drops a bombshell, predicts Microsoft will buy Netflix
A media analyst with over four decades of experience just dropped a bombshell today. In an interview with...
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Alibaba deepens investment in SEA by acquiring Pakistan’s e-commerce firm Daraz
Amazon’s (AMZN) top rival Alibaba (BABA) is aggressively expanding its influence in Southeast Asia. This time, the master...
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Comcast gets in the way of Fox and Disney
Here comes a new twist in the whole Comcast-Sky-Fox-Disney tussle. Comcast (CMCSA) is said to be in discussions...
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Uber’s flying car one step closer to take-off
Complementing a prediction by its CEO earlier this year, ride-sharing company Uber unveiled the prototype of its flying...
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Intercontinental Exchange may soon have a bitcoin trading platform
Intercontinental Exchange (ICE) is building a platform where one can trade bitcoins, according to multiple media reports. ICE...
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ValueAct bets on Citi’s rebound; raises stake to $2.1 billion
This month, Wall Street witnessed some major equity transactions involving activist investors, who either hiked or trimmed their...
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Microchip Technology shares rally after upbeat quarterly results
Arizona-based chip maker Microchip Technology (MCHP) inched 1.88% during the pre-market trading after the company reported an upbeat...
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