What to expect from Netflix first quarter earnings on Monday?
Streaming major Netflix (NFLX) will report its first quarter 2018 results on April 16 after market close and the Wall...
Jobless claims dip indicating better labor market
Fresh applications for unemployment benefits in the US saw a decline last week, hinting a healthy labor market. Unemployment benefit...
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...
Rite Aid sales drop 8.6% in 4Q
Pharma chain Rite Aid (RAD), which is in the process of being acquired by Albertsons, has struggled with the deteriorating...
General Electric may spin-off transportation business to salvage itself
A huge round of applause for people who are still holding on to the General Electric (GE) stock – either...
BlackRock’s Q1 results exceed expectations
BlackRock Inc. (BLK) reported a 16% increase in its first-quarter 2018 revenues to $3.5 billion, ahead of market expectations. Earnings...
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...
Oliver Schusser appointed Vice President of Apple Music
Apple Inc. (AAPL) appointed Oliver Schusser as Vice President of Apple Music and international content. He will be in charge...
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...
Delta Air Lines posts flat EPS in Q1
Amidst concerns over rising oil prices and overcapacity, Delta Air Lines (DAL), the biggest US carrier by market value, reported...
Idaho resident sues JPMorgan for charging extra on crypto purchases
JPMorgan Chase (JPM) is being sued by one of its credit cardholders, Brady Tucker from Idaho, who claims the bank...
Bed Bath & Beyond tanks on disappointing outlook
Domestic merchandise retail store chain Bed Bath & Beyond (BBBY) reported higher top line results for fourth quarter of 2017,...
Bank of America will no longer lend to military-style gun manufacturers
Bank of America (BAC) said it will stop loaning to gun companies that produce military-style firearms for citizens. After Citigroup...
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...
Fastenal reports double digit sales and profit increase for 1Q
Wholesale distributor of industrial and construction supplies Fastenal Company (FAST) reported double digit growth in its top and bottom line...
Market: Stocks to open lower ahead of Fed minutes, CPI data
US futures are pointing to a lower open today after ending higher on Tuesday, ahead of Fed meeting minutes and...
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...