New Federal Reserve chief bullish on growth
It is typical for financial markets to react when there is a change of guard at the central bank, and...
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Sempra Energy Q4 2017 earnings snapshot
Energy services holding company Sempra Energy reported a marginal spike in its revenue for fourth quarter 2017 of 3.2% to...
Boeing bags mammoth $4-billion Air Force One deal
If everything goes as planned, aviation behemoth Boeing will be providing two Air Force One aircraft to the US Government....
Macy’s makes a stellar comeback
Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth...
Will EpiPen play spoilsport in Mylan earnings?
There is a lot to look forward to as Mylan reports earnings aftermarket today. The stock has been up 9.65%...
Valeant Pharmaceuticals International Inc. Q4 2017 earnings snapshot
Canada’s Valeant Pharmaceuticals posted a 9.9% decline in its fourth quarter 2017 revenue, driven by the impact of divestitures and...
Market: US futures point to higher open
US futures are pointing to a higher open in the stock market today after ending lower on Tuesday. The Wall...
Nuggets from the buffet: Warren Buffett’s words of wisdom from 2017 annual letter
It’s that time of the year when investors and fans across the globe eagerly await to hear from Warren Buffett....
From the Shark Tank to Bezos: Amazon buys Ring for $1 billion
If there is a story of chance, luck, failure, and success all bound together by fate, it is the story...
Bookings Holdings Q4 2017 earnings snapshot
Bookings Holdings (formerly known as The Priceline Group Inc. NASDAQ: PCLN), which changed its name a week ago and started...
Papa John’s International Q4 2017 earnings snapshot
Restaurant franchise company Papa John’s International (PZZA) reported a 6.3% jump in its revenue for the final quarter of 2017...
Square Q4 2017 earnings snapshot
Square’s fourth quarter revenues surged 36% to $616 million. GAAP loss remained flat at $0.04 per share vs. prior year...
Beats to get a step-sibling from Apple
Only days after rumors of two new iPad models emerged, it is now suggested that Apple may launch an over-the-ear...
Soon, you might have to pay a premium to watch Netflix or use Instagram
Net neutrality is about to die, and the systematic dismantling of free internet will begin April 23. Once the new...
Martin Shkreli bitten by Karma; Held liable for investor losses
Martin Shkreli’s notorious brilliance in pumping up the price of Daraprim, an antiparasitic drug, by 5,000% had earned him the...
Comcast threatens Fox with a $31-billion offer for Sky
The takeover of European broadcaster Sky has both action and drama that promises to grab the attention of many an...
AT&T loses case to FTC over regulation loophole
A federal court has issued a ruling which hopes to put to rest a case that seems to have been...
Toyota, BMW raise the ante in driverless transit venture
Japanese carmaker Toyota Motor Corp. is one of the few international business entities that have successfully tapped the US market....
Toll Brothers: Q1 2018 earnings snapshot
Luxury homebuilder Toll Brothers (TOL) reported profits of $132.1 million or $0.83 per share in the first quarter. This includes...
New home sales take a beating from high mortgage rates, bad weather
Ripples of the lackluster activity witnessed in the housing sector during the final weeks of last year are yet to...
Macy’s Inc: Q4 2017 Earnings Snapshot
Retailer Macy’s reported strong results for the final quarter of 2017, thanks to the strong holiday sales. Macy’s shares surged...