Life sciences company Cambrex Corp. (CBM) Wednesday completed its previously announced acquisition of Avista Pharma Solutions, a biotech firm engaged in the
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Netflix poaches Activision CFO Spencer Neumann, stock falls on weak outlook
Shares of Netflix (NFLX) and Activision Blizzard (ATVI) dropped Wednesday amidst reports that the latter terminated its chief financial officer Spencer Neumann,
A tough task awaits Campbell Soup’s new CEO Mark Clouse
There is a pressing need for the food industry to innovate and adapt to the changing customer tastes. The current state of
2019 looks to be a challenging year for automobile manufacturers
It was a mixed bag for the automotive industry so far this year, with the record high sales witnessed in the early
Facebook stock falls on cryptocurrency plans, rating downgrade
Coinciding with the reports that Facebook (FB) is developing a cryptocurrency, brokerages on Friday downgraded the social media giant, sending the stock
Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany
The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter won another
Neogen stock drops on Q2 revenue miss; earnings decline
Neogen Corp. (NEOG) Thursday reported a decline in its second-quarter earnings, despite a 6% increase in revenues. While the overall performance was
Pier 1 Imports stock drops 14% after Q3 results miss estimates
Shares of Pier 1 Imports (PIR) fell sharply Wednesday after the home decor company slipped to a net loss in the third
Allergan stock plunges to 5-year low after product recall in Europe
Allergan (AGN) suffered a major setback Wednesday after European regulators asked the company to stop the sale of its textured breast implants
New dawn for urban transport as Elon Musk unveils first underground tunnel
Putting an end to speculations, the futuristic transportation tunnel envisaged by Tesla (TSLA) CEO Elon Musk was opened in Los Angeles this
Micron Q1 revenues miss amid faltering chip demand; earnings beat
Chipmaker Micron Technology (MU) reported a sharp increase in first-quarter earnings, which also exceeded estimates. But the company’s revenues missed the street
Credit Suisse turns bearish on S&P 500 amid volatility, cuts price target
Wall Street is probably set for a not-so-impressive start to 2019, if the current trend is any indication. Compared to a few
Confidence of Twitter users, investors hit by deepening security woes
With incidents of data breach becoming increasingly prevalent, going forward the credibility of social networking platforms will depend on their ability to
Earnings Preview: Mixed sentiment ahead of Walgreens Q1 earnings
Pharmacy store chain Walgreens Boots Alliance (WBA) is scheduled to report its first-quarter earnings Thursday before the opening bell. It is widely
Earnings Preview: Semiconductor slump likely to drag Micron’s Q1 results
Micron Technology (MU) lost significant market value last month after research firm Baird downgraded the stock and slashed the price target, concerned about
Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs, in what
Earnings Preview: IBM deal in focus as Red Hat gears up for Q3 report
The upcoming earnings announcement of Red Hat (RHT) will be one of the most closely-watched events, with investors looking for the details
Merck strengthens animal health division with $2.4-bln Antelliq buyout
Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are enhancing their offerings in
Adobe stock drops on Q4 earnings miss and weak guidance; revenues beat
Shares of Adobe Systems (ADBE) slipped Thursday after the software solutions provider reported weaker than expected earnings for the fourth quarter, despite a
General Electric shares bounce back after rating upgrade, IoT venture
General Electric (GE) has reached a pivotal point in its aggressive restructuring program, marked by the divestment of loss-making business units, amid
P&G expands beauty portfolio with acquisition of Walker & Co.
In a move aimed at better serving African-Americans, Procter & Gamble (PG) has acquired Walker & Co., a Silicon Valley startup that