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Cognizant posts upbeat revenue in the first quarter
With a 10.3% rise in revenues of $3.91 billion, Cognizant Technology Solutions (CTSH) beat Street estimates in the...
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Former Volkswagen CEO indicted over emissions scandal
The US Justice Department indicted Volkswagen’s former CEO Martin Winterkorn for conspiring with fellow executives to cover up...
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Flipkart deal will pitch Walmart against Amazon in India
Walmart’s (WMT) global expansion plans just received a major boost with the board of India-based e-commerce major Flipkart...
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Newell starts shedding flab, divests packaging business Waddington
In what could be the beginning of a comprehensive corporate restructuring, consumer products maker Newell Brands (NWL) has...
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Elon Musk clarifies on his ‘surreal’ earnings call performance
Two days ago, Tesla Inc. (TSLA) reported a huge quarterly loss, and then CEO Elon Musk went on...
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Market: Stocks rise after jobs report
US stock market opened lower today as seen from major index futures but turned course to green after...
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Ionis Pharmaceuticals reports first quarter 2018 results
Ionis Pharmaceuticals Inc. (IONS) reported total revenues of $144 million for the first quarter of 2018, an increase...
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Fred reports fourth quarter loss of 62 cents
Drugstore retailer Fred Inc. (FRED) that was due to report the fourth quarter earnings on April 18, postponed...
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Celgene posts upbeat Q1 results on multiple myeloma drug
U.S. biotechnology company Celgene (CELG) reported better-than-expected first quarter results, as its flagship drug for multiple myeloma continued...
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Cambridge Analytica shutting doors; cites irreparable damage from Facebook scandal
British data analytics firm Cambridge Analytica (CA) has decided to close its operations in the U.K. and the...
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CBS stock in green after Q1 profit beats consensus estimate
CBS Corp. (CBS) reported a 13% increase in first-quarter earnings as higher advertising, higher station affiliation fees, growth...
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Subway hunts for new CEO to fight multiple battles
Sandwich chain Subway said that CEO Suzanne Greco is leaving the corner office coming summer. Greco is leaving...