Business News
Apple Music hits a high note after Shazam buyout gets EU nod
Apple (AAPL) this week received the green signal from European regulators to go ahead with its planned acquisition of Shazam,…
Citi rebuilding gathers steam; investment banking gets a facelift
The corporate and investment banking division of Citigroup (C) will soon cease to exist as an independent unit. According to…
Dell Q2 revenues rise 17%; lifts full-year guidance
Revenues of Dell Technologies (DVMT) increased sharply in the second quarter amidst aggressive efforts to take the company public again.…
SecureWorks stock rallies on improved Q2 results, guidance
SecureWorks (SCWX), a leading cybersecurity solutions provider, Wednesday said its second-quarter net loss narrowed, helped by strong revenue growth. The…
Now, Amazon joins Apple in the $1-trillion club
Just about a month after Apple (AAPL) created history by lifting its market cap to $1 trillion, e-commerce giant Amazon…
Verizon stock sinks on ratings downgrade amid valuation concerns
In what could be a cause for worry for new CEO Hans Vestberg, Verizon suffered a double whammy Tuesday after…
United Therapeutics, MannKind to co-develop pulmonary hypertension drug
The healthcare sector this week witnessed yet another instance of two companies coming together to find therapeutic solution for a…
The show’s just beginning for the video streaming industry
Until a few years ago, digital video streaming was synonymous with the company that successfully pioneered the service – Netflix…
BlackRock joins Tesla shareholders to remove Musk as chairman
It seems a significant chunk of the shareholders of electric carmaker Tesla (TSLA) find Elon Musk’s innovative and sometimes unconventional…
Google might be following you to your neighborhood stores
Despite being lucrative, the online ad business has its share of uncertainties, and Google (GOOG) knows it better than any…
Stock sinks after EA delays Battlefield V launch
With competition mounting in the gaming industry, especially after the blockbuster entry of Fortnite, developers and publishers are busy revising…
Wells Fargo employees face action for doctoring dinner receipts
Financial services giant Wells Fargo (WFC) has found itself in the center of yet another scandal involving its employees this…
Dollar Tree stock falls on Q2 earnings miss, weak guidance
Discount store operator Dollar Tree (DLTR) reported an increase in second-quarter profit, aided by higher sales. However, the company’s stock…
Tilly’s stock jumps on strong Q2 results, guidance
Shares of apparel and footwear retailer Tilly’s Inc. (TLYS) gained sharply Wednesday after it reported better-than-expected earnings and revenues for…
American Eagle Q2 results beat; stock falls on weak guidance
Specialty retailer American Eagle Outfitters (AEO) Wednesday reported strong earnings and sales for the second quarter, which came in above…
Hewlett Packard Enterprise stock gains after Q3 earnings beat
Hewlett Packard Enterprise (HPE) reported above-consensus earnings for the third quarter when higher demand in the non-US markets lifted revenues. The…
Thriving on e-commerce push, Costco stays composed ahead of earnings
Warehouse club operator Costco Wholesale Corp. (COST) is expected to report results for the fourth quarter on September 6. Analysts…
Tilray reports its first-ever quarterly results
Medical marijuana company Tilray (TLRY) reported second quarter 2018 results, the company's first-ever quarterly results, after it went public in…
JetBlue hikes baggage fee amid fuel woes; others may follow suit
After embarking on a comprehensive restructuring program last month, marked by layoffs, JetBlue (JBLU) has been exploring other options to…
It’s time for yet another blockbuster quarterly report from Salesforce
What makes Salesforce (CRM) distinctive in the tech industry is its rapidly growing revenue and stock price that consistently set…