Buoyed by relaxed norms, JPMorgan eyes majority-owned JV in China
At a time when business ties between the US and China are on the threshold of a major shift, investment...
Earnings
Icahn, Deason dominate as Xerox abandons Fujifilm deal
Xerox (XRX) abandoned its proposed $6.1 billion deal with Fujifilm and agreed to hand over the company’s leadership to a...
Gannett buys WordStream to smarten up digital marketing offerings
In an aggressive move aimed at augmenting its digital marketing solutions, USA Today parent Gannett (GCI) acquired Massachusetts-based WordStream for...
Symantec stock plunges after weak outlook
Symantec (SYMC) reported a narrower loss in the fourth quarter helped by an increase in the demand for cybersecurity-related products....
Yelp’s Q1 revenue beat fails to impress the street
Yelp (YELP) reported its first quarter results after the bell. Revenue improved 13% to $223 million beating analyst estimates, primarily...
Dropbox beats market consensus in its maiden quarterly report
Cloud storage company Dropbox (DBX) in its maiden quarterly earnings report, topped revenue and earnings estimates for the first quarter....
Nvidia Q1 profit surges on gaming, datacenter; crushes estimates
Nvidia Corp. (NVDA) Thursday reported record results for the first quarter as the chipmaker’s growing prowess in GPU computing and...
Dropbox badly needs to deliver today
Following a stellar IPO performance earlier on March 23, cloud specialist Dropbox (DBX) is all set to report first-quarter results...
Himax shares rally on upbeat results
Semiconductor company Himax Technologies (HIMX) witnessed a surge of 4.27% in its share price during the pre-market trading, after the...
Duke Energy posts upbeat revenue in first quarter
Duke Energy Corporation (DUK) reported operating revenues of $6.1 billion during the first quarter of 2018, up from $5.7 billion...
Novavax tumbles as net loss widened during 1Q
Shares of the synthetic vaccine maker Novavax (NVAX) tumbled about 6% during the extended hours trading session after the company...
Fox buys Sinclair channels to strengthen foothold in key markets
While Comcast (CMCSA) and Walt Disney (DIS) continue their fight for the film and TV studios of 21st Century Fox...
Booking shares slip on weak outlook
Shares of Booking Holdings (BKNG) were down 8% after the closing bell as the second quarter earnings outlook failed to...
Twenty-First Century Fox Q3 profit misses estimates
Twenty-First Century Fox (FOXA) reported a 7.4% rise in earnings for the third quarter, helped by sustained double-digit gains in...
Roku Q1 loss narrows on strong platform revenues; stock gains
TV streaming platform Roku Inc. (ROKU) Wednesday reported a narrower net loss for the first quarter when overall performance improved...
Vodafone to buy Liberty Global assets in Germany and Eastern Europe
British telecom giant Vodafone Group (NASDAQ: VOD) is looking to acquire Liberty Global’s (NASDAQ: LBTYA, LBTYB, LBTYK) operations in Germany,...
Elon Musk delivers a slap on the face of Tesla short-sellers
You know why Elon Musk has many fans? Because he delivers an iron punch every single time. After drawing the...
Groupon’s Q1 results top estimates, raises outlook
Groupon (GRPN) shares jumped 11% during pre-market trading after the company reported better-than-expected results in the first quarter. Revenue slid...
Tax benefits lift Mylan’s quarterly profit
Drug maker Mylan (MYL), mainly focused on the production of generic drugs, reported yet another quarter of declining sales, a...
Plug Power revenue surges in first quarter
Plug Power Inc. (PLUG) reported revenues of $27.1 million in the first quarter of 2018, an increase of around 78%...
Walmart shares plunge after announcing mammoth deal with India’s Flipkart
Supermarket veteran Walmart started its full-scale invasion into the cutthroat Indian e-commerce market, as it announced buying a majority stock...