Bayer-Monsanto deal receives U.S. Justice Dept. approval
The most disputed deal between the Germany-based chemical giant Bayer and the U.S.-based Monsanto received a nod from the U.S....
Earnings
No fun and games as YouTube is accused of illegal collection of kids’ data
Illegal data tracking has become quite a quagmire these days. After Facebook (FB) fell facedown into it, it’s now YouTube...
Novartis-AveXis : A ‘gene’-ius deal?
Novartis AG is wagering high on gene therapy with its proposed acquisition of AveXis Inc. valued at $8.7 billion or...
China looks to win the AI race with SenseTime
Chinese firm SenseTime has become the world’s most valuable artificial intelligence (AI) startup with an estimated $4.5 billion in valuation....
Viacom wants CBS to increase its merger bid
The CBS – Viacom merger drama has intensified turning the industry into binge-watchers who are eagerly waiting for the next...
Uber faces Greek dilemma while Grab deal faces hurdles
Uber will be suspending its operations in Athens, Greece following the passage of a new stricter regulation, which requires the...
HNA Group lets go of Hilton Worldwide
Chinese conglomerate HNA Group Co. is planning to sell its 26% stake in Hilton Worldwide either in part or in...
Deutsche Bank names Sewing as new CEO
Deutsche Bank (DB) replaced its Chief Executive Officer John Cryan after failing to plug losses and prevent decline of market...
WD-40 posts record earnings and sales; shares fall on lower-than-expected sales
WD-40 Company (WDFC), the manufacturer of the iconic rust-remover sprays, posted its highest ever quarterly earnings in the second quarter as...
Target to pay $3.74 million as settlement for discrimination
Target Corporation (TGT) will have to pay $3.74 million to come out of the dispute which charged that the company...
WD-40 Company reports double digit profit growth
Household chemicals manufacturer WD-40 Company (WDFC) reported positive top and bottom line results for its second quarter 2018, with profit...
JM Smucker expands pet food portfolio by swallowing Ainsworth Pet Nutrition
Over the recent years, JM Smucker (SJM) — known for its branded food products — has grown substantially into a...
P&G eyes Pfizer’s consumer business
Tragedy hit Pfizer (PFE) when several big names — GlaxoSmithKline (GSK), Reckitt Benckiser, and Johnson & Johnson (JNJ) — pulled...
Monsanto misses estimates on declining corn sales
Agrochemical and agricultural biotechnology corporation Monsanto (MON) missed Wall Street profit forecast for its second quarter, while reporting a 6.6%...
CarMax tumbles after Q4 results miss estimates; Plans aggressive store expansion
Shares of CarMax (KMX) nosedived Wednesday after the used car retailer reported fourth-quarter earnings and revenues that missed analysts’ expectations....
CarMax profit plunge 20%; revenue misses estimate
Used vehicle specialty retailer CarMax (KMX) missed consensus estimates and reported modest sales growth for the fourth quarter of 2018...
Amazon under Trump’s ire but might clinch Pentagon deal
President Trump has declared a war of sorts on Amazon (AMZN) and its CEO Jeff Bezos. He has severely criticized...
General Dynamics wins the battle for CSRA
Continuing with the recent trend, technology companies are increasingly turning to consolidation phase to combat their rivals. According to experts,...
Is CBS-Viacom merger marriage getting closer?
CBS (CBS) and Viacom (VIA) reunion surface again. For years, the two media companies — CBS and Viacom – have...
Out of gas: ISC stock plunges on revenue miss amid muted fan turnout
Motorsports entertainment firm International Speedway Corp. (ISCA) reported better than expected earnings for the first quarter of 2018. However, the...
Disney offers to buy Sky News to ease regulatory concerns
Walt Disney (DIS) has bid to purchase Sky News in order to ease regulatory affairs in the U.K. over 21st...