Business News
Uncertainty looms over T-Mobile-Sprint merger as opposition mounts
The long-pending merger between telecom firms T-Mobile (Nasdaq: TMUS) and Sprint (NYSE: S) suffered a fresh setback this week after…
Earnings preview: Cost pressure to dampen General Mills’ Q4 prospects
Food company General Mills, Inc (NYSE: GIS), the maker popular brands like Cheerios and Natural Valley, is scheduled to publish…
Ocular Therapeutix gains after FDA approves eye drug for additional indication
Ocular Therapeutix (Nasdaq: OCUL) staged a dramatic recovery Friday after receiving the FDA’s green signal for its ophthalmic drug DEXTENZA…
Can Walgreens and CVS Health resist the online invasion of pharmacy sector?
A research report that came out recently predicted that the online pharmacy market is set to grow to $85 billion…
Oracle crushes Q4 earnings, revenue expectations; stock spikes
Software giant Oracle (NYSE: ORCL) reported stronger than expected earnings and revenues for the fourth quarter, driving the stock sharply…
Harley-Davidson set to woo Chinese customers with small bike
Harley-Davidson (NYSE: HOG) is the latest American automaker to expand China operations in a big way to enhance growth. Joining…
Adobe stock gains after Q2 earnings exceed expectations
Benefitting from the stable demand for products across all the business segments, Adobe's (Nasdaq: ADBE) revenues rose sharply in the…
Pfizer boosts oncology portfolio with $10-Bil acquisition of Array Biopharma
In a sign that the consolidation wave that swept in the pharmaceutical industry last year is likely to continue, Pfizer…
Pet supplies retailer Chewy surges 70% on Wall Street debut
Picture courtesy: Crepessuzette (Pixabay) Online pet supplies retailer Chewy (NYSE: CHWY) had a blockbuster Wall Street debut Friday as the…
Cryptocurrency debut may not be a cakewalk for Facebook
It’s been several months since Facebook (Nasdaq: FB) unveiled the plan to bring out a cryptocurrency, probably a move aimed…
Airline stocks shine after American pushes through another fare hike
Days after taking the hard decision to extend flight cancellations into the busy travel season, in connection with the grounding…
Disney gains after Morgan Stanley turns bullish on new streaming service
Seeing the great potential for Disney Plus, the soon-to-be-released streaming service from Walt Disney (NYSE: DIS), Morgan Stanley Thursday upgraded…
Top biotech stocks to be considered for investment this year
When the massive selloff battered Wall Street in the final months of 2018, biotechnology stocks were no exception. And, most…
Tailored Brands Q1 results top Street view; stock falls on weak guidance
Specialty apparel retailer Tailored Brands (NYSE: TLRD) reported lower sales and earnings for the first quarter of 2019, reflecting the…
Rating downgrade of Lam Research dampens recovery hopes; stock dips 4%
The recovery of Lam Research (LRCX) from last year's lows had received a boost after the latest earnings report but…