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GreenSky secretly files for IPO, says report

After Dropbox pulled off a successful IPO, it was expected to trigger off a domino effect in other successful privately…

GE stock hits 20-year low as asset sales gather steam

It is after weighing every option at its disposal that General Electric Company (GE), the loss-making American conglomerate, realized that…

FirstEnergy’s ailing units file for bankruptcy

Ohio-based FirstEnergy Corp’s (FE) debt-ridden subsidiaries have filed for Chapter 11 bankruptcy. The power generator made this announcement just days…

With Rite Aid stores under its wings, Walgreens prepares to take down rivals

Upping its ante against its rivals in the medical and pharma sector, Walgreens has finally completed its acquisition of Rite…

Aetna follows UnitedHealth in passing on rebates to customers

Drastic increase in drug prices has, over the years, become a topic of heated discussions, especially with price-cut on prescription…

Takeda likely to make a move for Shire

Japanese pharma giant Takeda Pharmaceuticals is said to be planning to bid for London’s leading drug company Shire Pharmaceuticals (Nasdaq:…

Tighten your ‘hold’ on First Solar

Off late, First Solar (FSLR) has been trading in red, but the stock has seen a staggering 153% growth in…

Caterpillar might crawl out of metal tariff stomping

After coming out of 2017 as the second best performing Dow component, Caterpillar (CAT) had somewhat a troubled ride this…

Glaxo buys Novartis’ share of consumer healthcare joint venture

U.K.-based pharma giant GlaxoSmithKline (GSK), which holds about a two-thirds share in the Consumer Healthcare business JV with its partner…

Viagra variant might help Pfizer revenue stand up

All good things come to an end — and that includes Pfizer’s run with its blockbuster drug Viagra. The drugmaker’s…