Newell starts shedding flab, divests packaging business Waddington
In what could be the beginning of a comprehensive corporate restructuring, consumer products maker Newell Brands (NWL) has decided to...
Elon Musk clarifies on his ‘surreal’ earnings call performance
Two days ago, Tesla Inc. (TSLA) reported a huge quarterly loss, and then CEO Elon Musk went on to do...
Market: Stocks rise after jobs report
US stock market opened lower today as seen from major index futures but turned course to green after a Labor...
Xiaomi files to go public on Hong Kong Exchange
One of Apple’s (AAPL) biggest rival in Asia, Chinese smartphone maker Xiaomi, filed to go public on the Hong Kong...
Ionis Pharmaceuticals reports first quarter 2018 results
Ionis Pharmaceuticals Inc. (IONS) reported total revenues of $144 million for the first quarter of 2018, an increase of 25%...
Fred reports fourth quarter loss of 62 cents
Drugstore retailer Fred Inc. (FRED) that was due to report the fourth quarter earnings on April 18, postponed the release...
Celgene posts upbeat Q1 results on multiple myeloma drug
U.S. biotechnology company Celgene (CELG) reported better-than-expected first quarter results, as its flagship drug for multiple myeloma continued to increase...
Alibaba Q4 results beat estimates on strength of core commerce
Alibaba Group (BABA) reported double-digit growth in its fourth quarter earnings and revenues, aided by strong performance in its core...
Subscription revenue lifts Pandora’s 1Q results
The share price of Pandora Media (P) jumped 7% in after-hours trading after the music platform reported better-than-expected first quarter...
Cambridge Analytica shutting doors; cites irreparable damage from Facebook scandal
British data analytics firm Cambridge Analytica (CA) has decided to close its operations in the U.K. and the U.S. and...
CBS stock in green after Q1 profit beats consensus estimate
CBS Corp. (CBS) reported a 13% increase in first-quarter earnings as higher advertising, higher station affiliation fees, growth from digital...
Subway hunts for new CEO to fight multiple battles
Sandwich chain Subway said that CEO Suzanne Greco is leaving the corner office coming summer. Greco is leaving the firm...
Hulu’s U.S. subscriber count surpasses 20 million
Netflix (NFLX), with a 57 million U.S. subscriber base, continues to occupy the top spot when it comes to the...
What did Facebook bring to F8?
After a tough couple of weeks with the Cambridge Analytica scandal and the Congressional hearing, Facebook (FB) CEO Mark Zuckerberg...
Call of Duty drives Activision’s Q1 earnings to record high
Video game developer Activision Blizzard (ATVI) said today its first-quarter earnings and revenues hit an all-time high helped by strong...
GoPro beats revenue and earnings estimates; net loss narrowed
The struggling consumer technology company GoPro reported better than expected sales and earnings for the first quarter, with the numbers...
Is the Tesla stock sell-off a call for Musk to tone down?
“These questions are so dry. They’re killing me…” That was Tesla (TSLA) chief Elon Musk’s response when confronted by investors’...
Fujifilm merger at stake as Xerox CEO steps down
Following weeks of cold war with major shareholders Carl Icahn and Darwin Deason triggered by a deal with Japan’s Fujifilm,...
Market: Stocks decline on U.S.-China trade tensions
US stock market opened lower today as seen from major index futures as traders are keeping a close watch on...
Cigna shares jump on robust results, outlook lift
Health insurer Cigna (CI) reported higher profit and revenue during the first quarter of 2018, thanks to the growth in...
Ferrari reports solid first quarter 2018 results
Italian sports carmaker Ferrari N.V. (RACE) reported net revenues of EUR 831 million for the first quarter of 2018, modestly...