In a sign that the ongoing slump in the American soft drink industry has not affected investor sentiment, shares of market leaders
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Pfizer secures FDA approval for oncology biosimilar Zirabev; stock gains
A day after appointing former FDA chief Scott Gottlieb to its board of directors, pharma giant Pfizer (PFE) said it received FDA
Nike stock drops after Q4 earnings miss estimates; revenue up 4%
Sneaker giant Nike, Inc. (NYSE: NKE) reported weaker-than-expected earnings for the fourth quarter, hurt mainly by higher expenses and tax rate. Revenues,
Boeing stock falls after regulators detect new software glitch in 737 Max
The fallout of the 737 Max debacle is creating more problems for Boeing (NYSE: BA) even as efforts are being made to
Earnings: Rite Aid reports bigger-than-expected Q1 loss; stock falls
Pharmacy retailer Rite Aid Corporation (NYSE: RAD) reported a net loss for the first quarter of 2020 that is wider than the
How Amazon’s rivals vie to grab a slice of the Prime Day pie
The extension of Amazon (Nasdaq: AMZN) Prime Day, the one-day discount sale organized for premium customers annually, to 48 hours this year
Earnings preview: Accenture braces for a strong Q3 amid broad-based growth
Accenture (NYSE: ACN) is a high-growth Wall Street firm that constantly evolves through business innovation and strategic acquisitions. The professional services company
Micron Q3 earnings fall but beat estimates; stock gains
Chipmaker Micron Technology (Nasdaq: MU) reported a sharp fall in revenues and profit for the third quarter, reflecting the continuing slump in
What the future holds for generic drug industry
The size of the generic drug market in the US is so large that about 90% of all prescription medicines sold last
Earnings preview: Weed biz in focus as Constellation Brands gears up for Q1 report
The lackluster financial performance of Constellation Brands (NYSE: STZ) in the recent quarters has raised speculations about the investment made by the
Bristol-Myers lets go of psoriasis drug to save Celgene merger; stock falls
The planned merger between pharmaceutical firms Bristol-Myers Squibb Company (NYSE: BMY) and Celgene (CELG) - touted as a landmark deal in the
Earnings preview: Rite Aid unlikely to deliver any surprise in Q1
Rite Aid Corporation (NYSE: RAD) was on the verge of being delisted after the stock price slipped to a record low at
Earnings preview: Cons outweigh the pros as FedEx gets ready for Q4 report
When FedEx Corporation (NYSE: FDX) reports fourth-quarter report Monday afternoon, after an unimpressive start to the year, it will likely reflect the
Uncertainty looms over T-Mobile-Sprint merger as opposition mounts
The long-pending merger between telecom firms T-Mobile (Nasdaq: TMUS) and Sprint (NYSE: S) suffered a fresh setback this week after more US
Earnings preview: Cost pressure to dampen General Mills’ Q4 prospects
Food company General Mills, Inc (NYSE: GIS), the maker popular brands like Cheerios and Natural Valley, is scheduled to publish fourth-quarter results
Ocular Therapeutix gains after FDA approves eye drug for additional indication
Ocular Therapeutix (Nasdaq: OCUL) staged a dramatic recovery Friday after receiving the FDA’s green signal for its ophthalmic drug DEXTENZA to include
Red Hat Q1 earnings rise 39% on strong revenue growth, beat Street view
Picture Courtesy: Wikimedia Commons Open source software company Red Hat (NYSE: RHT), which is on the way to becoming a part of
Can Walgreens and CVS Health resist the online invasion of pharmacy sector?
A research report that came out recently predicted that the online pharmacy market is set to grow to $85 billion in the
Oracle crushes Q4 earnings, revenue expectations; stock spikes
Software giant Oracle (NYSE: ORCL) reported stronger than expected earnings and revenues for the fourth quarter, driving the stock sharply higher during
Harley-Davidson set to woo Chinese customers with small bike
Harley-Davidson (NYSE: HOG) is the latest American automaker to expand China operations in a big way to enhance growth. Joining General Motors
Adobe stock gains after Q2 earnings exceed expectations
Benefitting from the stable demand for products across all the business segments, Adobe's (Nasdaq: ADBE) revenues rose sharply in the second quarter,