August 9, 2019 10:27 am
Salesforce.com Inc (CRM) said on Thursday that it had agreed to buy Israeli software development company ClickSoftware in a cash and stock deal valued at $1.35 billion. The acquisition is expected to accelerate the growth of Salesforces Service Cloud platform. Salesforce shares closed higher for the fifth time in the past sixteen trading sessions in […]
Read moreAugust 9, 2019 6:59 am
According to a statement by Russias Federal Antimonopoly Service on Thursday, it has launched an investigation into whether Apple Inc (AAPL) abused its position of power in the country following a complaint from cybersecurity firm Kaspersky Lab. Apple shares closed higher for a third consecutive trading session on NASDAQ on Thursday. The stock went up […]
Read moreAugust 8, 2019 9:58 am
According to a report by Bloomberg earlier this week, last year a cease-and-desist letter was sent to Tesla Inc (TSLA) by the US National Highway Traffic Safety Administration (NHTSA), as the electric car maker failed to comply with the regulator’s guidelines in its statements regarding Model 3 safety. The NHTSA also demanded that Tesla provided […]
Read moreAugust 8, 2019 7:08 am
Walt Disney Company (DIS) intends to bundle its three streaming services – Disney+, ESPN+ and ad-supported Hulu, for a monthly cost of $12.99. According to Walt Disneys Chief Executive Bob Iger, the bundle will be available for US customers when Disney+ is launched on November 12th. Walt Disney shares closed lower for the sixth time […]
Read moreAugust 7, 2019 9:38 am
Morgan Stanley on Tuesday upgraded Ford Motor Company (F) from “Equal Weight” to “Overweight”, as the firm highlighted a “significant increase” in estimates for the auto makers earnings over the upcoming three years and also stressed on Fords “restructuring actions”, “strategic actions” and “product mix enhancement.” Morgan Stanley also raised its 12-month price target on […]
Read moreAugust 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 […]
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