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Trey Thoelcke

Shire, Novartis Deals: Pharmaceutical Shakeups Continue

ThinkstockThe wave of mergers and acquisitions in health care continues with two big announcements Monday. Drug maker Shire PLC (NASDAQ: SHPG) will acquire the rare disease biopharmaceutical company ViroPharma (NASDAQ: VPHM) in a deal…

Trey Thoelcke · 13 years ago

Boeing Threatens to Move Jobs from Seattle

courtesy of U.S. Geological SurveyBoeing Co. (NYSE: BA) warned Friday that if assembly workers and local politicians do not ratify plans to build its new 777X in Seattle, the company will consider alternative sites.…

Trey Thoelcke · 13 years ago

Nestle Dumps Jenny Craig

ThinkstockAs part of it ongoing efforts to trim down by shedding weaker brands, Swiss food giant Nestle has announced that it will sell most of its Jenny Craig unit to private equity firm North…

Trey Thoelcke · 13 years ago

After Twitter IPO, Who’s Next?

ThinkstockThe Twitter Inc. (NYSE: TWTR) initial public offering is almost upon us, and investors and analysts have fingers crossed for a smoother ride the Facebook Inc.’s (NASDAQ: FB) shaky IPO. As we pointed out,…

Trey Thoelcke · 13 years ago

China Looks to Add 10 Million Jobs a Year

ThinkstockAhead of a key meeting of the Communist Party, Chinese Premier Li Keqiang has stated that the nation’s economy must create 10 million jobs per year, and sustained growth of at least 7.2% will…

Trey Thoelcke · 13 years ago

Google to Expand Data Center in Finland Again

courtesy of Google Inc.As demand for mobile video increases, Google Inc. (NASDAQ: GOOG) has announced that it will spend 450 million euros ($608 million) to expand its Finnish data center in Hamina. The Mountain…

Trey Thoelcke · 13 years ago

Groupon “New and Improved” for the Holidays

ThinkstockJust in time for the holiday shopping season, Groupon Inc. (NASDAQ: GRPN) has made it simpler customers to search and browse its wide selection of offers. The Chicago-based company Monday revealed a redesign of…

Trey Thoelcke · 13 years ago

Sony Announces PS4 Launch Titles

Courtesy of SonyThe highly anticipated PlayStation 4, or PS4, from Sony Corp. (NYSE: SNE) is scheduled to hit stores November 15. And Sony has announced the line-up of 22 games that initially will be…

Trey Thoelcke · 13 years ago

Teva Pharmaceutical Shares Plunge on CEO Resignation

ThinkstockAfter denying rumors earlier this week that its CEO was considering resigning, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) announced Wednesday morning that President and Chief Executive Jeremy Levin indeed will depart from the company.…

Trey Thoelcke · 13 years ago

U.S Retail Sales Confirm Shaky Consumer Confidence

ThinkstockRetails sales in the United States totaled $425.9 billion in September, according to new data from the U.S. Census Bureau. That was a seasonally adjusted 0.1% decrease from the previous month, the first decline…

Trey Thoelcke · 13 years ago

Another Call for a Microsoft Board Shakeup

Microsoft Sweden, via Wikimedia CommonsAfter Steve Ballmer announced in August that he will step down as Microsoft Corp.’s (NASDAQ: MSFT) chief executive officer, director John Thompson was put in charge of the company’s efforts…

Trey Thoelcke · 13 years ago

Google to Expand Glass Sales by Invitation

courtesy of Google Inc.If you know any of the 10,000 early users of Google Glass, it may be time to cozy up to those friends and acquaintances. Google Inc. (NASDAQ: GOOG) announced Monday that…

Trey Thoelcke · 13 years ago

AMC Networks to Buy Liberty Global Assets for $1 Billion

ThinkstockAMC Networks Inc. (NASDAQ: AMCX), which brought you “Breaking Bad,” “Mad Men” and “The Walking Dead,” said Monday it has agreed to buy Chellomedia, the international content unit of Liberty Global PLC (NASDAQ: LBTYA),…

Trey Thoelcke · 13 years ago

Dramatic Rise in Mobile Use by Toddlers in the U.S.

Courtesy Tesco plcIn this increasingly digital age, is it really any surprise that American toddlers and infants now spend more than twice as much time with tablets or other mobile devices that they do…

Trey Thoelcke · 13 years ago

Toyota Tops GM and Volkswagen Again — Except in China

Courtesy Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) said Monday that it sold 2.5 million vehicles in the most recent quarter. That was 2.8% more that in the same period of last year. It…

Trey Thoelcke · 13 years ago

Southwest Airlines: Bye-Bye “Bags Fly Free”?

courtesy Boeing Co.JetBlue Airways Corp. (NASDAQ: JBLU) and Southwest Airlines Co. (NYSE: LUV) were the last of the major airlines to permit passengers on domestic flights to check at least one bag for free.…

Trey Thoelcke · 13 years ago

Eurozone Economic Activity Slows in October

ThinkstockBusiness activity in the eurozone’s private sector grew at a slower pace in October, according to data firm Markit. Its flash Composite Purchasing Managers Index (PMI) came in at 51.5 for the month, down…

Trey Thoelcke · 13 years ago

New LinkedIn Apps Aim to Connect the Whole World

ThinkstockEvery company, college and worker in the world may soon be more connected than ever before. That is the hope of LinkedIn Corp. (NYSE: LNKD), which has just released a set of new apps…

Trey Thoelcke · 13 years ago