Bristol-Myers has announced a definitive agreement to acquire rival Celgene in a cash and stock deal worth $74 billion. Celgene shareholders are scheduled to receive a 54% premium to Wednesday night's closing stock price.
Announced job cuts for 2018 reached their highest level since 2015 and the second-highest total since 2011. Announced hiring plans were lower year over year.
Applications for new mortgages fell by nearly 10% in the final two weeks of December, according to the Mortgage Bankers Association. Mortgage loan rates have moderated on most types of loans, though.
Kadmon Holdings, Select Income REIT, Adient, and Weight Watchers all posted new 52-week lows on Wednesday, the first trading day of the new year.
When GM reports quarterly sales Thursday, the company is also expected to announce that it has sold more than 200,000 electric vehicles. That accomplishment cuts in half the federal incentive for sales of GM's…
Tech industry regulation is coming in 2019 according to analyst Doug Clinton of Loup Ventures. The European Union's GDPR rules are a likely model for new U.S. regulation.
Now that holiday gift-giving is behind us, holiday gift return season can hit its stride. Here are some data on just how many returns retailers can expect and what the most often-returned gifts are.
Tesla reported fourth-quarter delivery and production numbers Wednesday morning. Although close to estimates, investors have no patience for close. The company also announced a price cut on all its cars.
The CoreLogic home price index rose 5.1% year over year in November, once again posting a smaller annual gain than in the previous month. Higher interest rates and falling prices are combining to tamp…
The firing of Defense Secretary Jim Mattis has delayed acceptance of Boeing's new KC-46 tanker beyond December 2018. Deliveries were originally set to begin in August 2017.
Initial public offerings and significant investment by established firms raised the valuations of several companies in the marijuana-related sector. Here are the 10 largest firms at the end of 2018.
Weight Watchers, Intrexox, American Midstream Partners, and Dean Foods all posted new 52-week lows Monday.
Michael Kors completed its acquisition of Versace this morning and will begin trading Wednesday under a new name, Capri Holdings.
Tesla added two new independent board members last week: Larry Ellison, founder and executive chairman of Oracle, and Kathleen Wilson-Thompson, global head of human resources at Walgreens Boots Alliance. Loup Ventures analysts comment on…
Amazon is reportedly planning to expand its Whole Foods grocery store chain into parts of the United States where it has no stores.
Generation Z consumers are not all fired up to purchase an electric vehicle. In fact, more than half say they would not even consider purchasing an electric vehicle. This isn't particularly good news for…
A seismic exploration vessel under contract to Exxon Mobil was forced Saturday to leave offshore waters claimed by Venezuela and Guyana. The company has a contract with Guyana to develop a block that country…
Apple, Bank of America, Ford, and AT&% posted new 52-week lows Monday. Merry Christmas!
A seismic exploration vessel under contract to Exxon Mobil was forced Saturday to leave offshore waters claimed by Venezuela and Guyana. The company has a contract with Guyana to develop a block that country…
Although hemp has been removed from the FDA's list of controlled substances, the agency retains authority to review for safety products that use hemp.
