ZTE gets help from US government to end export ban
The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the Chinese firm...
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JD.com’s finance unit raised $2 billion in fresh equity
JD Finance — the financial arm that JD.com (JD) spun off last year — managed to raise $1.96 billion in...
Will Momo become next Alibaba?
If you like and own Alibaba Group (BABA) stock then the shares of the Chinese instant-messaging service Momo (MOMO) could...
Broadcom turns to software with odd $19-billion deal
Raising many an eyebrow, Broadcom (AVGO) announced that it would buy CA Technologies (CA) for $18.9 billion in cash. This...
Delta overcomes fuel woes; Q2 results beat street view
Benefitting from a record increase in revenues aided by broad-based traffic growth, aviation firm Delta Airlines (DAL) reported better-than-expected earnings...
Alphabet’s drone, balloon units fly out to become independent entities
Over the years, Google parent Alphabet (GOOG, GOOGL) has been successful in perfecting most of its seemingly whacky ideas through...
American Airlines’ downbeat outlook leaves airline sector in the red
American Airlines (AAL), which carried above 198 million passengers in 2017 and holds “the largest airlines of the US” title...
Starbucks needs to address pricing issue
Starbucks (SBUX) stock remained on the positive track till June 19, but everything changed when the coffee giant provided a...
Fox raises bid for Sky to $32.5 billion; Wall St eager for Comcast’s response
21st Century Fox (FOX) has increased its bid for Sky plc (SKY) to $32.5 billion. Fox’s price is at a...
Will Amazon eclipse the $1 trillion market cap?
The race for joining the $1 trillion market cap seems to be getting intense in 2018. Amazon (AMZN) is expected...
Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott
Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as...
Pfizer plans to split into 3 units, foray into hospital business
Drugmaker Pfizer (PFE) is embarking on a major reorganization, under which it will be divided into three units. The highlight...
David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO
Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann...
Nordstrom shares drop on weak sales projection
Shares of the fashion specialty retailer Nordstrom (JWN) slipped on Tuesday after the company rolled out sales projection for 2018...
More Americans are quitting their jobs, says report
When there is plenty, one can afford to be picky. That seems to be the case in the job market...
AngioDynamics misses Street consensus, shares dip
AngioDynamics (ANGO) swung to a profit in the fourth quarter from a loss last year, helped by last year’s reserves...
Mercury Systems stock looks bullish in the long run
The recovery of Mercury Systems (MRCY) from the April-end slump seems to have slowed down after a 16% jump. Shares...
Fastenal Q2 results crush estimates; stock gains 7%
With a client base that includes several large corporate firms, Fastenal (FAST) has been registering sales growth consistently for nearly...
Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by...
JPMorgan Q2 Earnings Preview: Banking stocks might see green
JPMorgan Chase & Co (JPM) is expected to post its earnings before the markets open on Friday. This financial mammoth...
VOXX International Q1 loss narrows on lower expenses
Audio equipment maker VOXX International (VOXX) Tuesday said its net loss narrowed slightly in the first quarter, helped mainly by...