August 7, 2019 6:52 am
According to a report by the Mainichi newspaper on Tuesday, the Japanese Fair Trade Commission has launched a probe into whether Apple Inc (AAPL) caused pressure on domestic parts makers and abused its dominant position, violating antimonopoly rules. Apple shares closed higher for the sixth time in the past thirteen trading sessions on NASDAQ on […]
Read moreAugust 6, 2019 9:24 am
Flipkart, Walmart Inc’s unit based in Bengaluru, India, is about to launch a free video service for all of its 160 million clients later in August, as the on-line retailer explores new ways to reach more users in smaller cities. Walmart shares closed lower for the ninth time in the past thirteen trading sessions in […]
Read moreAugust 6, 2019 6:43 am
Fox Corp (FOX) announced on Monday that it had agreed to acquire on-line finance broker Credible Labs Inc. The deal values the financial technology company at $397 million. Fox shares closed lower for a fourth consecutive trading session on NASDAQ on Monday. It has also been the steepest daily loss since July 31st. The stock […]
Read moreAugust 5, 2019 8:05 am
Users will not be able to buy cryptocurrencies with Apple Inc’s credit card being launched with Goldman Sachs Group Inc, a customer agreement posted on the bank’s website revealed on Friday. The Apple Card is the result of a wider effort by Apple Inc to generate a larger part of its revenue from services, after […]
Read moreAugust 2, 2019 9:15 am
Pfizer Inc (PFE) said on Thursday that it had closed its joint venture with GlaxoSmithKline plc (GSK), which is to combine the consumer healthcare businesses of the two companies to establish the largest over-the-counter business worldwide. Under the terms of the agreement, Pfizer Inc is to have an equity stake of 32% in the joint […]
Read moreAugust 2, 2019 6:37 am
Verizon Communications Incs (VZ) second-quarter profit, reported on Thursday, exceeded Wall Street estimates, supported by much stronger growth in its net new phone subscribers than anticipated. Verizon shares closed lower for a third consecutive trading session in New York on Thursday. The stock inched down 0.02% ($0.01) to $55.26, after touching an intraday high at […]
Read moreAugust 1, 2019 9:19 am
Spotify Technology SAs (SPOT) second-quarter revenue, reported on Wednesday, outstripped Wall Street estimates, supported by subscriber growth in the companys premium business. On the other hand, quarterly loss was larger than expected. Spotify shares closed lower for the sixth time in the past twelve trading sessions in New York on Wednesday. The stock edged down […]
Read moreAugust 1, 2019 7:29 am
According to a Wednesday report by Israeli business news website, Globes, Amazon.com Inc has agreed to acquire storage technology startup firm E8 Storage. Amazon shares closed lower for a fifth consecutive trading session on NASDAQ on Wednesday. It has also been the steepest daily loss since June 25th. The stock went down 1.67% ($31.75) to […]
Read moreJuly 31, 2019 9:35 am
Eli Lilly and Companys quarterly revenue and profit, reported on Tuesday, topped Wall Street estimates, supported by higher sales of diabetes drugs Trulicity and Basaglar. Eli Lilly shares closed lower for the fourth time in the past twelve trading sessions in New York on Tuesday. The stock inched down 0.03% ($0.03) to $108.69, after touching […]
Read moreJuly 31, 2019 6:30 am
Bank of America Corp (BAC) said earlier this week that it intended to discontinue its electronic payment services joint venture with First Data Corp in June 2020. The announcement came just hours after US financial technology provider Fiserv Inc finalized its acquisition of First Data Corp. Fiserv had announced plans to acquire First Data Corp […]
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