U.S. Markets News
Kandi Technologies adds to America’s EV lineup, shares jump 40%
Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based…
Rating downgrade adds to woes of Southwest Airlines; stock falls
Southwest Airlines (LUV) suffered a double whammy this week when a rating downgrade by Goldman Sachs deepened the setback caused…
Google extends cloud push with acquisition of data migration startup
For tech giant Google (GOOG, GOOGL), the primary hurdle in its efforts to expand the cloud business has been the…
Intercept stock surges on positive data from liver fibrosis drug study
Intercept Pharmaceuticals (ICPT) had surged about 25% in the pre-market session on Tuesday after the biopharma company announced positive topline…
Downgrade of General Dynamics reflects weakness in defense sector
The performance of two key segments of General Dynamics (GD) - combat systems and mission systems - was essentially flat…
Kellogg’s looking to buy Indian snack firm worth $3 billion
In order to beat the slowing sales of core serial products, Kellogg’s (K) has been on a global hunt for…
Upcoming earnings for the week Feb 25 to March 1
A slew of major companies are reporting earnings for the week February 25 to March 1. The world’s largest department…
Anadarko adds India’s Bharat Petroleum as co-venturer in Mozambique exploration
Anadarko Petroleum Corp (APC) announced the sale and purchase agreement for India's Bharat Petroleum Corporation Ltd to be a co-venturer…
Apple’s stock falls as Berkshire Hathaway cuts stake
Apple Inc.’s (AAPL) stock is down 0.25% after it was revealed that Warren Buffet’s Berkshire Hathaway (BRK) lowered its stake…
Gaming stocks: A look at the three major players
Three major gaming companies – Electronic Arts (EA), Activision Blizzard (ATVI) and Take-Two Interactive Software (TTWO) reported their earnings this…