Toby
Xerox CEO faces suit after pushing Fujifilm deal
Xerox (XRX) chief Jeff Jacobson faces a fresh lawsuit from a major shareholder of the company for pursuing a deal…
All eyes on IBM’s cloud, cognitive solutions ahead of earnings
When IBM (IBM) reported its fourth-quarter results in January this year, the company had topped both the revenue and earnings…
Merck, Pfizer need to jettison consumer health units before the market deteriorates
Over the last year, several consumer health units were put on sale. Both Pfizer (PFE) and Merck (MRK) planned to…
Will biosimilars play spoilsport in Johnson & Johnson earnings?
Pharmaceutical giant Johnson & Johnson’s (JNJ) earnings results are due on April 17 before the opening bell, amidst concerns over…
Shares jump as Broadcom board gives the green light to $12-billion share buyback
Chipmaker Broadcom Inc. (AVGO) announced that its Board of Directors authorized the buyback of up to $12 billion of its…
PNC Financial Services earnings preview: All’s well here!
PNC Financial (PNC) will kick-start this quarter’s bank earnings tomorrow at 6:45 AM ET and we are all ears with…
Toys ”R” Us receives billion-dollar bid for its profitable Asian business
Troubled toy retailer Toys “R” Us, which is in the midst of winding its US and UK operations, was reportedly…
Google is coming for Nokia’s in-flight broadband business
In-flight connectivity is booming in business, and now Alphabet Inc's (GOOGL) Google is all set to join the race by…
Kroger on hiring spree with 11,000 new jobs
In the recent times, some of the most prominent retailers have been shuttering stores. While the entire sector is struggling…
EU regulators raid Fox Networks offices
In the latest of its conflicts with the European Union, Fox Networks, the TV, and cable unit of the 21st…
Carl Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
Almost after a decade after acquiring a major stake in auto-parts maker Federal-Mogul, billionaire activist Carl Icahn has decided to…
Even Zuckerberg is unsure if Facebook is a monopoly
Numerous questions were fired from all directions at Facebook (FB) CEO Mark Zuckerberg as he attended a hearing in front…
Survival instinct brings Sprint and T-Mobile back to the merger table
The Sprint (S)- T-Mobile (TMUS) saga is back once again. The wireless carrier rivals have apparently reignited merger talks that were…