Toby
JCPenney aims to capitalize on Babies R Us closure
JCPenney (JCP) may be struggling to stay relevant in a difficult retail environment, but the closure of Babies R Us…
Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand
On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of…
Yelp shares jump 6% after smashing past estimates
Crowd-sourced review forum Yelp (YELP) reported better-than-expected revenue during the second quarter, helped by strong growth in the core advertising…
Can Disneyflix usurp Netflix?
The credit for the most disruptive business model of the century arguably belongs to Netflix (NFLX), at least in the…
Now you will find Gobble meal kits on Walmart site
In a bid to take on rivals Amazon (AMZN) and Blue Apron (APRN) in the meal kits services segment, Walmart…
Alibaba to combine food delivery services into one business
China’s food-to-flight services platform, Meituan-Dianping has been witnessing fast growth posing threat to larger rivals such as Alibaba (BABA). And…
Elon Musk taking Tesla private? Trading halted
“Am considering taking Tesla private at $420. Funding secured,” read a tweet posted from Tesla (TSLA) CEO Elon Musk’s verified…
Prospects for T-Mobile, Sprint merger improve
Prospects for the planned merger of Sprint (S) and T-Mobile (TMUS) brightened considerably after reports surfaced claiming that the Department…
Snap bucks social-media curse; stock jumps as much as 10%
Snap (SNAP) reported a narrower-than-expected adjusted net loss of 14 cents per share during the second quarter as Daily Active…
Office Depot posts Q2 earnings of 5 cents vs expectation of 3 cents
Office Depot (ODP) Tuesday reported second-quarter results that surpassed analysts’ estimate on both the top and bottom lines. During the…
Earnings preview: Snap shares likely to slide after Q2 results
It’s been an abysmal quarter for social media companies so far, with two industry giants – Facebook (FB) and Twitter…
Rite Aid narrows earnings outlooks ahead of Albertsons vote
Shares of the drug retailer Rite Aid Corp (RAD) tanked on Monday after the company narrowed its fiscal 2019 earnings…
First glance at Facebook Dating
Almost three months after Facebook (FB) announced its plans to launch a dating application at the F8 event, the company…
Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of dumping its…
Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the wrong reasons…
Why $1 trillion is just a pit stop for Apple
When a decade ago PetroChina hit the magic number of $1 trillion, management and shareholders raved. However, the celebration was…
Job growth slows in July; Unemployment rate near historic low
A day after the Federal Reserve sounded caution on the rising inflationary pressure, there is some encouraging news from the…
Groupon shares fall as Q2 results miss analysts estimate
Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts…
Carl Icahn opposes planned merger of Cigna and Express Scripts
Billionaire activist investor Carl Icahn has taken a sizable stake in health insurer Cigna (CI) and plans to vote against…