Business News
Earnings preview: Morgan Stanley to feel the pinch of trading weakness in Q2
Morgan Stanley (NYSE: MS) had a slow start to 2019 after its fourth quarter was marred by the slump in…
Goldman Sachs Q2 earnings, revenue decline but beat estimates
Goldman Sachs (NYSE: GS) reported a 3% drop in second-quarter earnings, hurt by a decline in revenues. The results, however,…
Earnings preview: Sentiment mixed as Citigroup prepares to kick off bank earnings
When Citigroup (NYSE: C) kicks off bank earnings next week, the market will be closely following the event for insights…
What next for healthcare stocks after govt decision on drug rebate spurs rally?
The market reacted quickly to President Trump’s decision to withdraw the plan to do away with rebates in the government's…
Mylan under pressure as shortage of anti-allergy injector persists
Pharmaceutical company Mylan (Nasdaq: MYL), which has been facing criticism for the short supply of its anti-allergy injector EpiPen, suffered…
Why Square is a tech stock investors shouldn’t ignore
Square, Inc. (SQ), the e-commerce solutions provider headed by Twitter CEO Jack Dorsey, was one of the biggest gainers in…
Levi Strauss stock falls after Q2 earnings drop on IPO costs, miss estimates
Denim specialist Levi Strauss (NYSE: LEVI), which returned to the public market two months ago, reported weaker than expected earnings…
Cisco reinforces optical networking with $2.6-billion acquisition of Acacia
Taking forward the initiatives to ramp up its networking portfolio, Cisco Systems (Nasdaq: CSCO) Tuesday agreed to acquire Acacia Communication…
Electronic Arts slips after Apex Legends season-2 fails to enthuse gamers
Shares of Electronic Arts (Nasdaq: EA) dropped about 5% Friday as the market sentiment was hit by reports that Apex…
BMW faces fresh challenge as CEO Harald Krueger steps down
BMW Friday announced the retirement of chief executive officer Harald Krueger amid speculations about his future in the company after…
Waymo robo-taxi moves closer to commercial debut in California
Putting an end to the long-drawn wait, California regulators Tuesday granted operational approval for self-driving taxi Waymo, an early-stage company…
Dish Network appoints Paul Orban as chief financial officer
Satellite television provider Dish Network (Nasdaq: DISH), which is currently on an expansion spree, Tuesday announced a key change to…
Walmart mulls $1.2-bln investment in China as trade tension de-escalates
Continuing the efforts to bring innovation in its business and stay relevant in rapidly changing retail industry, Walmart (WMT) this…
Semiconductor stocks get a big boost after US, China reach trade truce
In June, semiconductor stocks had experienced a high level of fluctuation, marked by last week’s spike following Micron’s (Nasdaq: MU)…