IOC, OIL in race for Bharat Petroleum’s Numaligarh unit
Oil India already holds 26% stake in the refinery Indian Oil Corporation Ltd. (IOCL) and Oil India Limited (OIL) are in the race to buy […]
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Chevron takes $10B charge
Chevron takes $10 billion charge Chevron is writing down the value of some of its assets due to oversupply. In one of the largest ever […]
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Investors shift attention to next generation of CAR-T, new sickle cell treatments at major hematology meeting
A handful of sickle cell disease treatments and CAR-T therapies that treat cancer have been approved by the Food and Drug Administration in recent years, […]
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AutoZone stock surges to record after retailer’s quarterly sales rise 6%
AutoZone Inc. shares rallied more than 7% on Tuesday to hover at a record high, boosted by company quarterly results that quelled fears of margin […]
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New England Patriots acknowledge team video crew filmed opposing team’s sideline during game
One day, things aren’t looking good at all for the New England Patriots. The next, the defending champs are grappling with a very bad look. […]
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Cannabis stocks slammed as analysts say Canopy’s new CEO faces big challenges
Cannabis stocks fell Tuesday, as analysts weighing in on Canopy Growth’s new chief executive took a cautious stance, highlighting the continuing challenges facing the company […]
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Barrick To Sell 90% Interest In Massawa Project For Up To $430 Mln – Quick Facts
Barrick Gold Corp. (GOLD,ABX.TO) announced Tuesday that it and its Senegalese joint venture partner have reached agreement to sell their aggregate 90 percent interest in […]
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California reduces electric-car rebates, eliminates break for luxury models
SACRAMENTO, Calif. — California’s rebate program to entice more drivers to purchase electric vehicles has gotten less generous, especially for residents looking to buy luxury […]
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Chesapeake Energy’s stock soars as debt deals buy time for troubled company
Shares of Chesapeake Energy Corp. soared on heavy volume Wednesday, after a series of debt financing moves that were announced helped provide the struggling oil […]
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Apple will make some big changes with the next iPhone, JPMorgan says
Apple Inc. could start making some notable changes to how it introduces new iPhones, and that has JPMorgan analyst Samik Chatterjee feeling increasingly upbeat about […]
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Astronauts repair cosmic ray detector outside International Space Station
CAPE CANAVERAL, Fla. (AP) — Spacewalking astronauts attached new pumps to a cosmic ray detector outside the International Space Station on Monday in a bid […]
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Northgate, Redde Agree On Terms Of Merger; Northgate Reports Lower Profit In H1
Northgate Plc (NTG.L) said the Boards of Northgate and Redde plc have reached an agreement on the terms of a recommended share-for-share merger. Under the […]
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The SEC recently quizzed Tesla about its accounting, filings show
The Securities and Exchange Commission appears to be keeping a close eye on Tesla Inc.’s accounting after a very public battle with its chief executive. […]
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Intel sticks some coal in Dell and HP’s Christmas stockings
Intel Corp. may become the Grinch who stole Christmas from large PC makers. HP Inc.HPQ, -0.45% and Dell Technologies Inc. DELL, -3.40% both admitted Tuesday that […]
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John Schnatter eats 40 Papa John’s pizzas in 30 days, says it ‘doesn’t taste as good’ anymore
When it comes to delicious pizza, the Papa John’s founder and former CEO says that he can’t be topped. In fact, John Schnatter — who […]
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Activist investor Starboard takes stake in CVS
Activist investor Starboard Value LP has taken a stake in CVS Health Corp. and held talks with the drugstore-and-insurance giant’s management, according to people familiar […]
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French luxury group LVMH to buy Tiffany for $16.2 billion
The purchase helps the French conglomerate compete with Gucci-owner Kering Group and Cartier-owner Richemont SA. French luxury group LVMH has agreed to buy iconic New […]
Continue reading » Westpac expenses rise with financial-crime fight
MELBOURNE, Australia–Westpac Banking Corp. (WBC.AU) said it expected expenses would jump by up to 80 million Australian dollars (US$54 million) this financial year as it […]
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2 powerful reasons to pass on investing in a combined Charles Schwab-TD Ameritrade
CHAPEL HILL, N.C. — I wouldn’t invest in a combined Charles Schwab-TD Ameritrade. To be sure, it makes a certain amount of sense that Charles […]
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AT&T’s high dividend can’t make up for problems in all business units, warns analyst
Even a muted forecast might be too hard for AT&T Inc. to achieve, according to an analyst. MoffettNathanson’s Craig Moffett has doubts that the telecommunications […]
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