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Chinese cab aggregator Didi Chuxing plans for an IPO
It’s the season of IPOs in China. After it was reported on Monday that Tencent Music is planning...
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Caterpillar lifts estimates after upbeat first quarter
Earth-moving giant Caterpillar Inc. (CAT) posted better than expected first quarter results driven by a combination of strength...
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Biogen’s quarterly profit jumps but stock falls
American biotech firm Biogen (BIIB), whose shares fell nearly 16.5% this year, saw it further dip 2.4% to $259.30...
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Market: Stocks to open higher ahead of blue-chip earnings
US futures are pointing to a higher open today after ending lower on Monday, ahead of the earnings...
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JetBlue’s first quarter earnings top estimates amidst rising fuel costs
JetBlue Airways (JBLU) reported its first-quarter results on Tuesday before the bell. The low-cost carrier reported earnings of...
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Pfizer’s cancer drug hits FDA roadblock
With the loss of patent protection for its flagship drugs – Lipitor and Viagra – drugmaker Pfizer (PFE)...
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April 23: Top 52-week highs and lows of the day
Eleven Biotherapeutics Inc. (EBIO), a biologic oncology company, touched a new yearly high of $2.12 on Monday. According...
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European Commission presses the pause button for Apple-Shazam deal
The European Commission (Commission) has launched a probe on the impending Apple’s acquisition of Shazam. The regulator is...
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Alphabet earnings soar on strong ad revenues, top estimates
Google parent Alphabet (GOOG, GOOGL) reported better than expected earnings and revenues in the first quarter, helped by...
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Tencent Music gets ready for IPO; valuation could cross $25 billion
After Spotify (SPOT) went public this year, its rival Tencent Music, the music streaming division of China’s largest...
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Facebook faces yet another lawsuit for showing fake ads
Hardly a month since the Cambridge Analytica saga blew up, Facebook (FB) is facing yet another lawsuit. UK-based...
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Walmart & Flipkart: a match made in retail heaven?
Walmart Inc. (WMT) is looking to acquire a majority stake in Indian e-commerce company Flipkart Online Services Pvt....