Acuity Brands shares jump more than 10% on earnings and revenue beat
Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting...
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Boeing and Embraer move closer to major commercial jet alliance
Aircraft makers Boeing (BA) and Embraer are close to entering into a strategic tie-up, creating synergies that would give them...
US says no to China Mobile
The US government recommended that China Mobile be denied permission to enter the US telecom market due to national security...
Adamis finally snags a marketing partner; All eyes on Mylan’s EpiPen
Shares of Adamis (ADMP) have been punched hard for several months due to the company’s inability to find a partner...
Facebook mulling purchase of British AI firm Bloomsbury
Facebook (FB) is planning to buy British AI start-up Bloomsbury AI in an expected cash-and-stock deal that could be worth...
Nissan cancels sale of battery unit to GSR Capital
Nissan Motor has called off the deal to sell its battery-manufacturing unit, Automotive Energy Supply Corporation, to Chinese firm GSR...
Rising crypto risks warrant closer pre-investment scrutiny
There could not have been a better period than the last decade for the concept of virtual money to bloom...
MiMedx Group stock plunges to yearly low on CEO resignation
MiMedx Group (MDXG) stock plunged about 38% to a yearly low of $3.80 on Monday. The stock was battered by...
Nestle looks at major acquisition amid activist investor’s call for change
Nestle SA is planning to acquire a majority stake in Canadian pet foods company, Champion Petfoods, for over $2 billion....
Amazon to buy a fleet of eVitos from Mercedes-Benz
Earlier this year, Mercedes-Benz unveiled a new electric car that is said to be intended to meet several transportation requirements....
Milestone: Tesla makes 5000 Model 3s in a week!
According to various sources, Elon Musk wrote to his employees in Tesla Inc (TSLA) that the company made 5,000 Model...
EU warns the US of counter-measures if car tariffs are imposed
In a communication received by the Commerce Department of the United States of America, the European Union warned that imposing...
Jack Dorsey reboots Twitter’s leadership team to equip for the future
On Thursday, Twitter (TWTR) CEO Jack Dorsey announced about key changes in the leadership team along with a change in...
Will US-China trade issues take a toll on the technology sector?
The world’s two largest economies, the US and China, have made their feelings towards each other very clear and the...
Massive cable outage throws Comcast customers into a tizzy
It seems things are not going well for Comcast (CMCSA) at present, for many reasons. A day after the Justice...
Goodyear stock crashes to yearly low
Shares of The Goodyear Tire & Rubber (GT) have hit a new yearly low of $23.28 on Friday. The downward...
Repligen stock hits new yearly high
Repligen (RGEN) stock touched a new yearly high of $47.87 after agreeing with Navigo Proteins for the advancement of exclusive...
Novartis to demerge underperforming eyecare business Alcon
For the past few years, Novartis (NVS) has been concentrating more on the development of new drugs by bringing innovation...
FCC fines AT&T $5.25 million over major outages in 2017
When an unplanned downtime occurs, every second counts, as it can have a grave impact on the business. Unfortunately, for...
KB Home stock rebounds after Q2 earnings beat
Benefitting from the strong demand for residential properties and higher prices, revenues of KB Home (KBH) rose sharply in the...
Instagram Stories has double the number of users than Snapchat
The battle between Instagram and Snapchat has just got more tense. Instagram has stated that it currently has double the...