U.S. Markets News
Trending stocks: Tandem Diabetes, Weight Watchers, MercadoLibre and more
TOP GAINERS Tandem Diabetes Care (TNDM) on Tuesday said its COO John Sheridan will take over as the CEO of…
Earnings calendar for Feb 25 to March 1 week
A slew of major companies are reporting earnings for the week from February 25 till March 1. The Home Depot…
Barrick Gold plans hostile bid for Newmont Mining
Canadian gold mining company Barrick Gold Corporation (GOLD) is said to be planning a hostile bid for Newmont Mining Corporation…
Preview: Investments and marketing costs could hurt Etsy’s Q4 earnings
Etsy (ETSY) has rewarded its investors well during the last year, with the stock soaring over 150% in the trailing…
Stamps.com free fall continues after breakup with USPS; stock down 57%
The market value of Stamps.com Inc. (STMP) more than halved after the online stamp vendor discontinued its partnership with the…
After Uber and Lyft, Pinterest joins the tech IPO bandwagon
If things go as planned, you could soon be trading Pinterest stocks. The company, which offers a virtual pinboard for…
New Gartner report paints a gloomy picture of Apple’s iPhone sales
Apple Inc. (AAPL) has been struggling with iPhone sales for a while but a new report from Gartner suggests that…
Immune Design stock more than triples as it gets acquired by Merck
Merck (MRK) announced today that it will acquire immunotherapy developer Immune Design (IMDZ) for $5.85 per share in cash for an…
Devon Energy’s stock rallies over 8% on asset sales and cost reduction plans
Devon Energy Corp.’s (DVN) stock jumped 8.8% during mid-day trade on Wednesday after the company laid out its transformation plans,…
Kandi Technologies adds to America’s EV lineup, shares jump 40%
Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based…
Rating downgrade adds to woes of Southwest Airlines; stock falls
Southwest Airlines (LUV) suffered a double whammy this week when a rating downgrade by Goldman Sachs deepened the setback caused…
Google extends cloud push with acquisition of data migration startup
For tech giant Google (GOOG, GOOGL), the primary hurdle in its efforts to expand the cloud business has been the…
Intercept stock surges on positive data from liver fibrosis drug study
Intercept Pharmaceuticals (ICPT) had surged about 25% in the pre-market session on Tuesday after the biopharma company announced positive topline…
Downgrade of General Dynamics reflects weakness in defense sector
The performance of two key segments of General Dynamics (GD) - combat systems and mission systems - was essentially flat…
Kellogg’s looking to buy Indian snack firm worth $3 billion
In order to beat the slowing sales of core serial products, Kellogg’s (K) has been on a global hunt for…
Upcoming earnings for the week Feb 25 to March 1
A slew of major companies are reporting earnings for the week February 25 to March 1. The world’s largest department…
Anadarko adds India’s Bharat Petroleum as co-venturer in Mozambique exploration
Anadarko Petroleum Corp (APC) announced the sale and purchase agreement for India's Bharat Petroleum Corporation Ltd to be a co-venturer…
Apple’s stock falls as Berkshire Hathaway cuts stake
Apple Inc.’s (AAPL) stock is down 0.25% after it was revealed that Warren Buffet’s Berkshire Hathaway (BRK) lowered its stake…
Gaming stocks: A look at the three major players
Three major gaming companies – Electronic Arts (EA), Activision Blizzard (ATVI) and Take-Two Interactive Software (TTWO) reported their earnings this…
Audi unveils Q4 e-tron concept, SUV deliveries delayed
Audi has taken the competition in the electric cars segment seriously as the luxury carmaker has shown off a series…
The US sees biggest retail sales drop since 2009
In a stark indication of a weak holiday season as well as a drop in spending, US retail sales for…