Facebook stock gains after JPMorgan predicts strong turnaround this year
Facebook (FB) got a new lease of life this week after JPMorgn came up with an exceptionally bullish outlook on...
Telecom stocks inch higher after AT&T fake 5G icon
The telecom industry has been experiencing positive momentum in the past week as companies have started advertising 5G networks to...
Tinder users get swiped left as app crashes in the US and UK
Popular dating app Tinder went down on Tuesday in its first major outage. According to data from Down Detector, users...
WeWork: Name change, future plans and SoftBank investment
WeWork is having an eventful week. Its top investor, SoftBank Group Corp., which was planning on investing $16 billion in...
Kenon sells half of its stake in Qoros Automobile Co
Israeli businessman Idan Ofer owned Kenon Holdings (KEN) announced that half of its remaining stake in Qoros Automobile Co for...
From flying taxi to roll-up TV, CES 2019 witnesses many debuts
CES 2019, the iconic electronics exhibition being held in Las Vegas, witnessed some of the leading technology firms unveiling their...
Earnings preview: BFSI to be the deciding factor for Infosys in Q3
Bengaluru-based IT giant Infosys (INFY) is scheduled to report third-quarter results on Friday, January 11, before the market opens. Analysts...
Sony wins 2018 console war with success of Spider-Man and God of War
Sony is back to take home the crown in the console wars as it posted a whopping 5.6 million units...
Helen of Troy delivers an earnings surprise In Q3
Helen of Troy (HELE) on Tuesday reported third-quarter earnings that surpassed analysts’ expectations. The maker of consumer products said its...
AZZ Inc. beats estimates on Q3 sales but misses on earnings
AZZ Inc. (AZZ) topped market estimates on revenue for the third quarter of 2019 but missed expectations on earnings. The...
Korea’s SK Telecom forms JV with US broadcaster Sinclair
Korea’s largest telecom operator SK Telecom (SKM) announced on Tuesday that it signed a joint venture agreement with Sinclair Broadcast...
Roku stock gains sharply, buoyed by robust user growth in Q4
Shares of TV-streaming service Roku, Inc. (ROKU) rose sharply Monday after the management released its bullish estimate for the fourth...
Earnings preview: Constellation Brands to outperform in Q3
Constellation Brands Inc. (STZ) is scheduled to report earnings results for the third quarter on Wednesday before the bell. Investors...
Activist investor wants changes at Dollar Tree, including sale of Family Dollar
Hedge fund Starboard Value LP has taken a 1.7% stake, valued at around $370 million, in Dollar Tree Inc. (DLTR)...
Apple seeks to tide over iPhone rout through media tie-up with Samsung
It is true that in a rapidly evolving business world there are no permanent friends and enemies. After fighting a...
GE’s stock gets a lift on reports of Apollo’s interest in GECAS
General Electric’s (GE) stock got a good boost today after Bloomberg reported that private equity group Apollo Global Management is...
Pricing, cost reduction crucial for Plug Power to maintain uptrend in Q4
Plug Power Inc. (PLUG) will be holding a conference call on Wednesday to discuss preliminary results for the fourth quarter...
Bucking the bearish beverage trends – Dirty Lemon
Once in a while there comes a company that successfully blurs the boundary between two industries. Be it Tesla (TSLA)...
Bed Bath and Beyond Earnings Preview: Costs to dent profits in Q3
Things don’t look promising for the home décor retailer Bed Bath and Beyond (BBBY) which is scheduled to report its...
Axsome Therapeutics almost doubles on positive outcome from Alzheimer’s disease trial
Clinical stage biopharmaceutical company Axsome Therapeutics (AXSM) announces positive outcome for ADVANCE-1 trial associated with the treatment of Alzheimer’s disease. Shares of...
In a massive deal, Eli Lilly acquires Loxo Oncology
Eli Lilly and Company (LLY) on Monday announced that it would acquire a small biopharmaceutical startup that develops cancer treatment,...