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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....
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CenterPoint’s purchase of Vectren signals a new era in the utility sector
In one of the largest deals in the utility industry, CenterPoint Energy (CNP) has agreed to acquire rival...
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Hoping to get a better slice of Domino’s this quarter
The last time Domino’s Pizza (DPZ) reported earnings, it was kind of a mixed bag. While the company...
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Market: Stocks to open higher ahead of busy earnings week
US futures are pointing to a higher open today after ending lower on Friday as investors are keeping...
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Kimberly-Clark shares shine on strong Q1 earnings
Earnings of consumer goods manufacturer Kimberly-Clark (KMB) rose in the first quarter on higher sales, in line with...
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Crude oil slips after Trump blasts OPEC of higher prices
Crude oil tumbled on Friday after President Donald Trump blasted the OPEC on Twitter, accusing the consortium of...