LATEST
Earnings preview: Weakness in trading business may drag Goldman’s Q4 results
For most financial service companies, which are reporting their latest quarterly results, the main concern is the ongoing softness in…
Archer Daniels Midland buys Florida Chemical from Flotek Industries
Flotek Industries, Inc. (FTK) on Friday announced its plan to sell its unit Florida Chemical Company to Archer Daniels Midland…
Infosys Q3 revenue beats estimates; earnings miss
Infosys (INFY) reported better-than-expected revenues for the third quarter of 2019 while earnings came in shy of estimates. The stock…
Relief for Sears after chairman’s buyout bid gets court nod
The uncertainty over the fate of embattled retailer Sears Holdings (SHLD) eased slightly Tuesday after a bankruptcy judge allowed hedge…
AZZ Inc. beats estimates on Q3 sales but misses on earnings
AZZ Inc. (AZZ) topped market estimates on revenue for the third quarter of 2019 but missed expectations on earnings. The…
Delta stock falls sharply after disappointing revenue outlook
The unimpressive revenue guidance issued by Delta Air Lines (DAL) Thursday and the negative market reaction to the report reflect…
Cambrex Corp. completes acquisition of Avista Pharma solutions
Life sciences company Cambrex Corp. (CBM) Wednesday completed its previously announced acquisition of Avista Pharma Solutions, a biotech firm engaged…
SpaceX to raise $500-million funding from its existing shareholders and a Tesla investor
Elon Musk’s SpaceX is ready to raise $500 million through funding, making the rocket company’s valuation increase to $30.5 billion,…
P&G expands beauty portfolio with acquisition of Walker & Co.
In a move aimed at better serving African-Americans, Procter & Gamble (PG) has acquired Walker & Co., a Silicon Valley…
Under Armour falls after weak outlook dampens investor sentiment
The writing on the wall was clear when sports apparel maker Under Armour (UA) predicted a few months ago that…
Miami’s iAero Group buys airline charter business Swift Air
iAero Group announced that it would buy the largest, independent airline charter business in the US, Swift Air, for an…
Volvo to introduce all-electric trucks in California next year
Swedish autogiant Volvo announced Wednesday that it will introduce all-electric Volvo VNR regional-haul trucks in California next year, operating in…
Google CEO Sundar Pichai tells Congress his side of the story
After Facebook (FB), it was pal Google’s turn to face Congress. The Alphabet (GOOGL) subsidiary’s CEO, Sundar Pichai, testified before…
Rumors of Amazon takeover sends Morrisons stock on bull run
Rumors of US e-commerce giant Amazon (AMZN) possibly floating a takeover bid for UK's fourth largest supermarket chain WM Morrisons…
Merck announces management changes
Merck (MRK) announced that Adam Schechter, President of Global Human Health (GHH) division will step down from his present role…
Marriott stock retreat deepens after data breach affects 500 mln guests
After digital media, the industry that depends so much on customers’ personal information might be the hospitality sector. While the safety…
DICK’S Sporting Goods tops Q3 earnings estimates
DICK’S Sporting Goods Inc. (DKS) reported better-than-expected earnings for the third quarter of 2018 but revenues came in a bit…
Tesla stock falls on 70% sales plunge in China
In the world’s largest automobile market, China, Tesla (TSLA) managed to sell only 211 cars in October, Reuters reported on…
Tim Cook comments on alliance with Google and tech regulations
Apple Inc.’s (AAPL) CEO Tim Cook made some interesting comments in an interview with Axios on Sunday. Cook was asked…
Canopy Growth’s shares tank over disappointing Q2 results
Canopy Growth Corporation’s (CGC, WEED) stock fell over 8.8% in premarket hours on Wednesday after the company reported a wider…