Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed...
Earnings
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million....
Oracle reports earnings and revenue beat for Q4
Computer technology company Oracle (ORCL), whose stock has remained almost flat year-over-year with not much to cheer for the short-term...
FedEx Q4 results beat expectations amid trade tensions
Broad-based revenue growth and favorable exchange rates pushed up earnings of shipping giant FedEx (FDX) in the fourth quarter. The...
Micron earnings preview: Blindly bet on this one!
Micron had an amazing stock rally in the past 52 weeks, increasing as much as 87%. Yet, there are no...
Google joins hands with Amazon’s rival in China
It’s Amazon (AMZN) on one side and the rest of the corporate world on the other. Everybody seems to be...
Comcast and Disney – a look at the tug of war for Fox
Now that the much-hyped AT&T-Time Warner acquisition has been completed, all eyes are on the next candidates – Comcast (CMCSA),...
Adobe stock plunges despite solid Q2 results
Adobe (ADBE) today reported better-than-expected second quarter results. The company’s revenue jumped 24% to $2.20 billion and earnings, on an...
Fred’s Inc. reports first quarter 2018 results
Fred’s Inc. (FRED) reported a 5.8% decline in net sales to $437.1 million during the first quarter of 2018 compared...
Comcast bids $65 billion for Twenty-First Century Fox
After the unconditional AT&T – Time Warner deal, CNBC’s parent company Comcast (CMCSA)/21st Century Fox (FOXA) deal was highly in...
Toyota makes a massive investment in Grab
Toyota Motor Corp. will make a $1 billion investment in Singapore-based cab service company Grab. The investment, which is the...
Stryker confirms that it didn’t bid for Boston Scientific
Two days after the acquisition speculation sparked in the internet, medical equipment maker Stryker (SYK) stated today in an 8-K...
Unconditional union: A peek into AT&T – Time Warner verdict
After much hoopla, the verdict is finally out and AT&T (T) and Time Warner (TWX) have won their battle. Judge...
H&R Block stock plunge 11% despite Q4 earnings and revenue beat
Tax preparation company H&R Block (HRB) topped earnings and revenue estimates for the final quarter of fiscal 2018. Consolidated earnings...
Dave & Buster’s stock jumps 15% on earnings beat; CEO to retire
After a rugged 2017, entertainment and restaurant business operator Dave & Buster’s (PLAY) reported a beat on the consensus estimates...
Boston Scientific spikes to new 52-week high on takeover rumors
Today, shares of medical equipment maker Boston Scientific’s (BSX) soared to a new 52-week high ($37.30) on acquisition speculation. Rumor...
Envision is a ‘Strong Buy’, says analysts after $9.9-billion acquisition offer by KKR
Global investment firm KKR (KKR) agreed to buy Envision Healthcare Corp (EVHC) in an all-cash transaction of $9.9 billion. The...
Net neutrality and the AT&T-Time Warner ruling – what’s in it for us?
Two major events are happening this week. The first is that starting today, the net neutrality rules that came into...
What happens after the AT&T – Time Warner judgement on June 12
The D-Day is almost here: the verdict on the AT&T-Time Warner merger is set to come on June 12. Speculations...
Broadcom reports revenue jump of 20% at $5.01 billion in Q2
Semiconductor device supplier Broadcom (AVGO), reported a year-over-year jump of 20% in its revenue to $5.01 billion topping analyst estimates,...
If Buffett has his way, quarterly guidance will soon become history
At one point or another, those who keep track of the financial markets might have doubted the credibility of quarterly...