Business

Does Gilead’s CAR T Approval Vindicate the High Acquisition Price for Kite Pharma?

Gilead Sciences Inc. (NASDAQ: GILD) has seen many analysts raise their price targets in recent weeks, and now there is a new U.S. Food and Drug Administration (FDA) approval that ...
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A Tale of 2 Watch Sellers: Tourneau and JC Penney

Early this year, luxury watch retailer Tourneau, a portfolio company of private equity firm Leonard Green, began hunting for a buyer. The hunt has so far been unsuccessful, due to ...
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Phillip Morris Earnings Up in Smoke

Phillip Morris International Inc. (NYSE: PM) released its third-quarter earnings report before the markets opened on Thursday. The company posted $1.27 in earnings per share (EPS) and $7.5 billion in ...
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Boeing to Add Stealth in Planned Overhaul of F/A-18 Super Hornet

Boeing Co. (NYSE: BA) is considering a plan to overhaul its venerable F/A-18 Super Hornet to include structural upgrades and a stealth coating that would extend the plane's flight-hour limit ...
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RBC Sees Huge 2018 Potential for 4 Top Refining Stocks

A few years ago, some of the hottest stocks in the energy sector were the refiners, as high prices pushed production and refining needs. Then along came a huge drop ...
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4 Large Cap Pharmaceutical Stocks That Could Post Big Earnings

With a market that has become as expensive as this one, there is one key driver that can keep things going, and that’s positive earnings or guidance for the next ...
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6 Most Important Things in Business Today

Long-time American Express Co. (NYSE: AXP) CEO Kenneth Chenault will step down. He leaves a mixed record as the company has been troubled by the success of other credit cards ...
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Kinder Morgan Earnings, Revenues Solid, Forecast on Target

Kinder Morgan Inc. (NYSE: KMI) reported third-quarter 2017 results after markets closed Wednesday. The midstream giant posted adjusted earnings per share (EPS) of $0.15 per share on revenues of $3.28 ...
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Amex Earnings Not Enough for Investors Amid CEO Shuffle

American Express Co. (NYSE: AXP) reported third-quarter financial results after markets closed Wednesday. The company said that it had $1.50 in earnings per share (EPS) and $8.44 billion in revenue, ...
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Exxon Mobil Expands With Permian Basin Terminal Acquisition

It seems like Exxon Mobil Corp. (NYSE: XOM) is located in just about every major oil and gas effort around the planet. After all, it is the largest American oil ...
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Will Eli Lilly’s mRNA Cancer Vaccine Investment Hit Paydirt?

It is not unusual for big biotech and pharmaceutical companies to sign research and development pacts with smaller companies and smaller entities. These pacts often come with big price tags ...
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Ford Recalls 1.3 Million F-150s in North America

Ford Motor Co. (NYSE: F) has issued a safety recall for more than 1.1 million U.S., 222,000 Canadian and 21,000 Mexican pickups to repair a faulty door latch. The recalled ...
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Qudian Makes a Splash as the Biggest Chinese IPO of the Year

Qudian Inc. (NYSE: QD) entered the market with a bang on Wednesday, with shares jumping nearly 50% from the original pricing. This is yet another Chinese company breaking into U.S. ...
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Volvo’s New Plans Face Tiny US Sales

Volvo and parent company Zhejiang Geely on Tuesday announced an investment of more than $750 million in Polestar, the electric car brand that will hit showroom floors in 2019. Volvo ...
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Analysts Piling On to Raise Johnson & Johnson Price Targets Higher and Higher

Johnson & Johnson (NYSE: JNJ) is one of those Dow Jones Industrial Average companies that seems to just keep chugging ever higher over time. The company has greatly exceeded its ...
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