United Parcel Service starts testing smart lock technology
United Parcel Service (UPS) has reportedly started testing smart lock technology in New York City’s apartment buildings that let multiple...
Other Industries
UnitedHealth Group reports Q2 earnings above estimates
UnitedHealth Group (UNH) reported revenues of $56.1 billion for the second quarter of 2018, a 12% increase year-over-year. Net earnings...
Intel nabs custom chipmaker eASIC
Intel (INTC) is securing its dominant position as a chipmaker with a new deal. The Santa Clara- based company has...
It’s a whopping $4.7 billion penalty for Johnson & Johnson in talcum powder case!
Johnson & Johnson (JNJ) has been asked to pay a fine of close to $4.7 billion in a lawsuit filed...
Pfizer plans to split into 3 units, foray into hospital business
Drugmaker Pfizer (PFE) is embarking on a major reorganization, under which it will be divided into three units. The highlight...
AngioDynamics misses Street consensus, shares dip
AngioDynamics (ANGO) swung to a profit in the fourth quarter from a loss last year, helped by last year’s reserves...
Fastenal Q2 results crush estimates; stock gains 7%
With a client base that includes several large corporate firms, Fastenal (FAST) has been registering sales growth consistently for nearly...
Earnings preview: Fuel price worries Delta despite record services
Airline companies are set to report earnings this week, beginning with Delta Air Lines (DAL) on Thursday. The industry, as...
Celgene gets a booster shot from recent positive clinical trial results
Troubled pharma giant Celgene (CELG) has announced 3 positive clinical trial results in the past two weeks. Today, the company...
Trump’s message doesn’t hurt Pfizer and other drugmakers
Right from his campaigning days, President Trump was slamming the US pharma companies for the high drug prices. In his...
Starbucks to say goodbye to plastic straws by 2020
Coffee giant Starbucks (SBUX), which recently made headlines for the wrong reasons, took a green initiative this week. The positive...
Delta Air Lines flew a record number of passengers in June
In its latest report, Delta Air Lines (DAL) reported that it flew a record 17.7 million passengers — both on...
US sanctions turn death note to oil firms
The oil industry is going through a time of turmoil. The US sanctions on Iran and the tariff tensions between...
Biogen shares rally on success of experimental Alzheimer’s drug
Shares of biotech company Biogen (BIIB) rallied on Thursday during the after-hours trading after the company said it achieved positive...
Spin-offs could be the key to a rebound for General Electric
Shares of General Electric (GE), which has been down over 50% since last year, rebounded slightly after the company announced...
Acuity Brands shares jump more than 10% on earnings and revenue beat
Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting...
Adamis finally snags a marketing partner; All eyes on Mylan’s EpiPen
Shares of Adamis (ADMP) have been punched hard for several months due to the company’s inability to find a partner...
MiMedx Group stock plunges to yearly low on CEO resignation
MiMedx Group (MDXG) stock plunged about 38% to a yearly low of $3.80 on Monday. The stock was battered by...
Repligen stock hits new yearly high
Repligen (RGEN) stock touched a new yearly high of $47.87 after agreeing with Navigo Proteins for the advancement of exclusive...
Novartis to demerge underperforming eyecare business Alcon
For the past few years, Novartis (NVS) has been concentrating more on the development of new drugs by bringing innovation...
Amgen posts top-line results for Remicade alternative in Phase 3 trial
Amgen (AMGN) announced positive top-line results from the phase 3 trial of its biosimilar candidate ABP 710. The drug is...