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Transocean posts bigger than expected Q1 loss; revenue down 10%
Transocean Ltd (RIG) continued its losing streak that began nearly a year ago and posted a wider than...
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Cognex reports muted first quarter results due to increased expenses
Cognex (CGNX) reported a 22% jump in revenues of $169.5 million in the first quarter, in line with...
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Marathon agrees to buy Andeavor for $23.3 billion
The M&A scenario seems to have picked up in the US with the proposed merger between T-Mobile (TMUS)...
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Amazon lifts annual prime membership fee by $20
Just a week after Amazon disclosed the eye-catching number of its Amazon Prime membership, the e-commerce giant has...
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Walmart sells its struggling UK unit Asda to rival J Sainsbury
Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over...
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Airline companies stare at a burning issue as fuel prices skyrocket
The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue....
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T-Mobile, Sprint to create the third great pillar of US telecom
On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off....
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Banks at risk as tech firms trespass into the financial services territory
Tech firms have become so popular that they are already quite ubiquitous. In fact, they are like The...
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Southwest sued by a passenger post the engine debacle
A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was...
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Market: Strong McDonald’s earnings lift stocks
US stock market opened higher today as seen from major index futures after strong earnings from McDonald’s (MCD)....
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Marriott Vacations buys ILG to create timeshare giant
Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part...
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Loews beats earnings estimate in 1Q 2018
First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income...