Medtronic stock rallies after Q1 results top estimates
Medical technology company Medtronic plc (MDT) reported better than expected results for the first quarter of 2019. Encouraged by the...
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Tyson Foods gets buff with $2.2-bn Keystone buyout
Meat manufacturer Tyson Foods Inc. (TSN) has been aggressively expanding its product portfolio in recent months through strategic acquisitions. Continuing...
PepsiCo gobbles up SodaStream for $3.2 billion
PepsiCo (PEP) is planning to buy SodaStream (SODA), a producer of carbonated drink-making machines, for $3.2 billion. The $144-per share...
Anti-climax: Tesla rival might bag Saudi investment
Apparently, it’s not just Tesla (TSLA) that Saudi Arabian sovereign wealth fund PIF is in talks with. Citing people familiar...
Apple hits a new all-time high
On a day when most tech stocks were trading in red, shares of Apple (AAPL) reached a new all-time high...
After Buffett and Dimon, Trump pushes to end quarterly results
Earlier in June, two Wall Street veterans had lambasted the practice of announcing quarterly results, stating it would hinder the...
Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT
In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life and health...
Teva Pharma receives a booster shot with FDA approval
The US FDA on Thursday approved Teva Pharmaceuticals’ (TEVA) generic version of EpiPen and EpiPen Jr auto-injector for the emergency...
Boeing’s 737 head announces retirement
The head of Boeing’s (BA) 737 jetliner program, Scott Campbell, has announced his retirement, Bloomberg reported. Campbell, who is also...
J.C. Penney stock tanks over disappointing results, guidance cut
J.C. Penney Company Inc. (JCP) missed market estimates on sales and adjusted EPS numbers for the second quarter of 2018....
JD.com Q2 results miss estimates; stock falls
China-based online marketplace JD.com (JD) Thursday reported a wider net loss for the second quarter, adding to the woes of...
Uber’s Q2 revenue and bookings increase YoY
The private ride-sharing company Uber reported its second quarter 2018 results. Revenue surged about 60% to $2.7 billion compared to the year-ago...
Identify theft, crypto fraud: AT&T faces $224 million lawsuit
BitAngels co-founder Michael Terpin has filed a lawsuit against AT&T (T) at Los Angeles District Court, alleging that he was...
General Electric hits 9-year low amidst divestiture spree
Ever since General Electric (GE) embarked on a mammoth restructuring program last year, its market value has been declining at...
Kroger join hands with China’s Alibaba
In a war to lead in the online supermarket sales, Kroger (KR) sets its footprint in China through its partnership...
Macy’s stock drops despite earnings beat
Macy’s Inc. (M) beat analyst expectations on sales and earnings numbers for the second quarter of 2018, despite sales seeing...
Retail stocks to consider ahead of the earnings assault
After Amazon (AMZN) changed the rules of the market, certain retailers bowed down while others evolved, learning from their mistakes...
Canadian Solar shares fall on worse-than-expected Q2 results and lowered outlook
Canadian Solar (CSIQ) shares fell after the company reported the second-quarter earnings and revenue that failed to meet the consensus...
As lira hits rock bottom, Turkey looks to boycott US electronics
With the dispute with Washington pushing the Turkish lira to its lowest ever, President Tayyip Erdogan announced that the Middle-Eastern...
Home Depot beats Q2 expectations and raises outlook
The Home Depot Inc. (HD) beat market estimates on both revenues and earnings for the second quarter of 2018. The...
Harley-Davidson stock falls on Trump backing boycott
Harley-Davidson (HOG) stock opened Monday’s regular session lower and remained throughout the day in the negative territory. The shares were...