Caterpillar might crawl out of metal tariff stomping
After coming out of 2017 as the second best performing Dow component, Caterpillar (CAT) had somewhat a troubled ride this...
Other Industries
Glaxo buys Novartis’ share of consumer healthcare joint venture
U.K.-based pharma giant GlaxoSmithKline (GSK), which holds about a two-thirds share in the Consumer Healthcare business JV with its partner...
Viagra variant might help Pfizer revenue stand up
All good things come to an end — and that includes Pfizer’s run with its blockbuster drug Viagra. The drugmaker’s...
Last shot for Remington as gunmaker files for bankruptcy protection
Remington filed for Chapter 11 bankruptcy protection after two centuries in the gun manufacturing business. The country’s oldest gun maker...
Dominion Energy inches closer to $14.6 billion SCANA acquisition
Early this year Dominion Energy (D) went public with its intention to buy SCANA Corp (SCG) – the parent company...
Steve Wynn exits paving way for Galaxy
Steve Wynn, the founder of Wynn Resorts (WYNN), bids adieu to the gambling company by selling his entire stake. This...
Citi shoots down gun-loving clients
Seldom do we see the business world reacting to social issues so overwhelmingly as it did after the Florida school...
Pfizer’s dilemma: To sell or not to sell
Pfizer (PFE) has been contemplating on selling its consumer healthcare division for some time, and it had found two bidders...
Risk-meter: How companies are affected by Toys “R” Us store closures
While filing for Chapter 11 bankruptcy protection in September last year, Toys “R” Us had stated that it would continue...
Think before swiping your credit card: Orbitz is latest victim of data breach
Quite often, the conveniences the digital world offers come with risks of their own, and people around the world are...
FedEx delivers beyond expectations
FedEx Corp. (FDX) posted third-quarter 2018 results that exceeded market expectations. The company’s revenue and EPS numbers were higher compared...
Lockheed Martin strikes high with the F-35
Defense stocks have seen considerable growth since mid-last year, thanks to the brickbats being exchanged between President Donald Trump and...
Kroger’s Fred Meyer store ends assault rifle sales
It was only weeks ago that Kroger (KR) decided to raise the minimum age for purchasing guns and ammunition to...
AbbVie’s elagolix meet phase III trial target
Among the pharma stocks, AbbVie (ABBV) is a company that has got an impressive reputation for growing demand for its...
Is it ‘game over’ for ExxonMobil?
Once the darling of the Oil & Gas industry, ExxonMobil (XOM), has now lost its sheen. Gone are those days...
Soaring traffic: Airline industry glides to a shining future
If there is an industry that explicitly manifests the health of the economy, it would be civil aviation. The theory...
Celgene – a sweet or sour pill?
It’s no big secret that investment in biotech stocks can offer great returns for investors, and at the same time...
Import tariffs, tax reform cast shadow over solar energy hopes
When concerns over the fast depletion of conventional energy sources first emerged a few decades ago, it was widely perceived...
iHeartMedia bankruptcy: new media takes another victim
US radio station giant iHeartMedia (OTC: IHRTC) filed for bankruptcy protection following an agreement in principle with investors to restructure...
Study says Americans spend more on healthcare
Healthcare in the U.S. has often been associated with high expenses and poor outcome. Unlike other countries, U.S. healthcare is...
Google cracks down on cryptocurrency ads
Bitcoin is just all over the place, isn’t it? Over the past couple of months, the markets have been flooded...