U.S. Markets News
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…
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)…
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,…
Commercial Metals’ shares tank after Q1 earnings miss estimate
Commercial Metals Company (CMC) missed analysts’ expectations on earnings for the first quarter of 2019 while revenues came in line…
Despite headwinds sin stocks look solid in 2019
There is no denying the fact that the sin industry – comprising cannabis, tobacco, alcohol and gambling sectors – is…
Companies reporting earnings this week: Jan 7 – 11
A slew of major companies are reporting earnings this week. Electrical equipment maker AZZ Inc. (AZZ) will announce third-quarter earnings…
Rite Aid is looking for a prescription to avoid delisting
Shares of drugstore chain Rite Aid Corp. (RAD) which stood at $1 a month ago are struggling to return to…
Intel looks at a better year as rating upgrade fuels recovery
Shares of Intel (INTC) gained Friday after Bank of America Merrill Lynch raised its rating on the stock to buy…
Johnson & Johnson dips on revenue decline in India
Johnson & Johnson (JNJ) shares fell 1% on Thursday after the company reported a 3% sales dip in India in…
Fiat Chrysler sees best US retail sales in 17 years, with Jeep and Dodge breaking sales records
FCA US LLC, the US wing of Fiat Chrysler Automobiles N.V., on Thursday posted retail sales of 2018 — the…