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Disney posts upbeat Q2 results

Entertainment company Walt Disney (DIS) reported a 23% jump in earnings for the second quarter, helped by double-digit revenue growth…

‘Racist’ brands get a market beat-down, among other things

Racial profiling and incidents fueled by hate are back in the news. In the latest of incidents, Nordstrom Rack, owned…

Alibaba deepens investment in SEA by acquiring Pakistan’s e-commerce firm Daraz

Amazon’s (AMZN) top rival Alibaba (BABA) is aggressively expanding its influence in Southeast Asia. This time, the master of e-commerce…

Valeant revenue slips even as it grapples to revive its brand

Valeant Pharmaceuticals (VRX) reported total revenues of $1.99 billion for the first quarter of 2018, a decrease of 5% from…

Elliot Management bids for Athenahealth

Hedge fund Elliot Management Corp. has made an unsolicited bid for Athenahealth Inc. (ATHN) of $160 per share, or an…

Blackstone’s buying spree continues with Gramercy deal

Blackstone today announced that it's buying Gramercy Property Trust (GPT) for $7.6 billion. The private equity (PE) firm has agreed…

Ionis Pharmaceuticals reports first quarter 2018 results

Ionis Pharmaceuticals Inc. (IONS) reported total revenues of $144 million for the first quarter of 2018, an increase of 25%…

Celgene posts upbeat Q1 results on multiple myeloma drug

U.S. biotechnology company Celgene (CELG) reported better-than-expected first quarter results, as its flagship drug for multiple myeloma continued to increase…

DowDuPont posts upbeat Q1 results on higher pricing and demand

DowDuPont (DWDP) reported upbeat first-quarter results, as increased product pricing and demand for packaging, paint and other materials outweighed weak…

US generic drug market throttles Teva Pharmaceuticals as revenue slips

Teva Pharmaceuticals Industries Ltd. (TEVA) reported a decrease of 10% in revenues to $5.1 billion for the first quarter of…