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Last shot for Remington as gunmaker files for bankruptcy protection

Remington filed for Chapter 11 bankruptcy protection after two centuries in the gun manufacturing business. The country’s oldest gun maker…

Dominion Energy inches closer to $14.6 billion SCANA acquisition

Early this year Dominion Energy (D) went public with its intention to buy SCANA Corp (SCG) - the parent company…

Steve Wynn exits paving way for Galaxy

Steve Wynn, the founder of Wynn Resorts (WYNN), bids adieu to the gambling company by selling his entire stake. This…

Citi shoots down gun-loving clients

Seldom do we see the business world reacting to social issues so overwhelmingly as it did after the Florida school…

Pfizer’s dilemma: To sell or not to sell

Pfizer (PFE) has been contemplating on selling its consumer healthcare division for some time, and it had found two bidders…

Risk-meter: How companies are affected by Toys “R” Us store closures

While filing for Chapter 11 bankruptcy protection in September last year, Toys “R” Us had stated that it would continue…

Think before swiping your credit card: Orbitz is latest victim of data breach

Quite often, the conveniences the digital world offers come with risks of their own, and people around the world are…

FedEx delivers beyond expectations

FedEx Corp. (FDX) posted third-quarter 2018 results that exceeded market expectations. The company’s revenue and EPS numbers were higher compared…

Lockheed Martin strikes high with the F-35

Defense stocks have seen considerable growth since mid-last year, thanks to the brickbats being exchanged between President Donald Trump and…

Kroger’s Fred Meyer store ends assault rifle sales

It was only weeks ago that Kroger (KR) decided to raise the minimum age for purchasing guns and ammunition to…