On cloud nine: Tech firms thrive on the latest fad in corporate computing
Only a few technologies were so widely adopted by the business world as it did in the case of cloud...
M&A Episode 4: Tailing Retail mergers
The retail industry forms such an enormous and vital part of our lives. It provides us with food and clothes,...
Barclays settles subprime fraud case on ‘fair’ terms, pays $2 billion in penalty
More than a decade after the subprime crisis wreaked havoc across the global financial system, skeletons are still tumbling out...
Is Facebook a golden goose or just an egg?
People power is also Facebook (FB) power. With latest privacy data scandal, the FB stock had been on the downward...
M&A Episode 3: Tech giants of Silicon Valley
Welcome to the Silicon Valley. The tech industry is an ever-changing, ever-evolving industry where changes take place so rapidly, and...
March 29: Top 52 week highs and lows of the day
Shares of Bio-Techne (TECH), a maker of biotech reagents, touched a new yearly high of $151.89 on Thursday. According to...
Renault and Nissan are considering a merger marriage
Renault and Nissan Motor have been partners for a long time, but now it seems they want something more solid....
CME Group buys UK-based NEX to create futures exchange behemoth
The first quarter of the year saw a slew of consolidation activities happening in the business world, making it one...
Liquidity concerns will give Tesla a rough ride
Tesla (TSLA) is going through a rough patch right now. The fatal crash involving its Model X SUV and the...
AngioDynamics misses Q3 revenue expectation; reports double digit earnings growth
Medical device manufacturer AngioDynamics’ (ANGO) third quarter 2018 revenue fell short of consensus estimate. The company’s revenue dropped 2.1% year-over-year,...
With Rite Aid stores under its wings, Walgreens prepares to take down rivals
Upping its ante against its rivals in the medical and pharma sector, Walgreens has finally completed its acquisition of Rite...
GameStop’s revenue and profit results top analysts’ estimates in Q4
GameStop (GME) delivered strong revenue growth of 15% for the fourth quarter of 2017 beating analysts’ expectations and sending the...
Market: Stocks to open higher ahead of Easter break
US futures are pointing to a higher open today after ending in red on Wednesday, as the technology sector is...
Movado beats revenue and adjusted profit expectations for Q4
Watchmaker Movado Group’s (MOV) revenue and adjusted profit for fourth quarter 2018 beat analyst expectations. However, the company swung to...
Amazon stock nosedives over rumors of govt action to check tax collection
Amazon’s (AMZN) phenomenal growth has been a cause of perennial worry for conventional retailers, and the last decade witnessed most...
Aetna follows UnitedHealth in passing on rebates to customers
Drastic increase in drug prices has, over the years, become a topic of heated discussions, especially with price-cut on prescription...
Nintendo Switch drives GameStop’s Q4 sales, provides weaker outlook for 2018
Video game industry is at its best with $108.9 billion in global revenue for 2017, representing a 8% growth compared...
Cloud computing firm Smartsheet to join the IPO league
It appears that IPO window is wide open in 2018, especially for the tech companies. Triumphant IPOs by Dropbox and...
Fourth quarter earnings beat adds momentum to Blackberry recovery
Troubled technology company Blackberry (BB), the mobile phone maker that transitioned into a software firm amidst continuing losses, improved its...
Takeda likely to make a move for Shire
Japanese pharma giant Takeda Pharmaceuticals is said to be planning to bid for London’s leading drug company Shire Pharmaceuticals (Nasdaq:...
Lululemon’s expansion spree pays off as Q4 results top expectations
Strong e-commerce sales and broad-based demand growth helped Yoga apparel maker Lululemon Athletica Inc. (LULU) achieve better than expected revenues...