Duke Energy Corporation (DUK) reported operating revenues of $6.1 billion during the first quarter of 2018, up from $5.7 billion in the
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Boeing, General Electric to be worst hit by the nuke-deal exit
In 2015, when then-President Barack Obama agreed to lift the sanctions on Iran in return for curbs on the country’s nuclear ambitions,
Tax benefits lift Mylan’s quarterly profit
Drug maker Mylan (MYL), mainly focused on the production of generic drugs, reported yet another quarter of declining sales, a trend the
Plug Power revenue surges in first quarter
Plug Power Inc. (PLUG) reported revenues of $27.1 million in the first quarter of 2018, an increase of around 78% from the
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 in parks
‘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 by Nordstrom
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 in China,
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 the same
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 estimated total
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 to pay
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% from the
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 in new
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 agriculture business.
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 2018 compared
3D Systems sees quarterly revenue growth as competitors fall behind
3D Systems Corporation (DDD) reported a revenue growth of 6% to $165.9 million during the first quarter of 2018 compared to the
Gibson trying to play a different tune post bankruptcy
Guitar-maker Gibson on Tuesday filed for bankruptcy as debt woes continue to haunt the firm. As part of the restructuring plan, it
Delta Air Lines traffic and capacity rises in April
Delta Air Lines (DAL) reported some impressive growth in both traffic and capacity for the month of April. However, the airline stock
Chesapeake misses on revenue expectations; reports higher earnings
Petroleum and natural gas exploration and production company Chesapeake Energy (CHK) reported higher quarterly earnings today that surpassed analysts' expectations, as it
Retail pharmacy lifts CVS Health in the first quarter
CVS Health Corporation (CVS) reported an increase of 2.6% in revenues to around $45.7 billion for the first quarter of 2018 compared
Gilead Sciences stock slips after Q1 results miss consensus
Gilead Sciences (GILD) reported a 43% dip in earnings for the first quarter due to lower product sales and prescription trends. Higher
Twitter signs ad and live content deal with Disney’s ESPN
Twitter (TWTR) shares witnessed some strong upward movement after the company announced a deal with Disney’s (DIS) ESPN. The stock was up