Year: 2018

No Picture
Trading Ideas

New Mars discoveries advance case for possible life

June 7, 2018 admin Comments Off on New Mars discoveries advance case for possible life

New Mars discoveries are advancing the case for possible life on the red planet, past or even present. Scientists reported Thursday that NASA’s Curiosity rover has found potential building blocks of life in an ancient Martian lakebed. The organic molecules preserved in 3.5 billion-year-old bedrock in Gale Crater — believed to once contain a shallow lake the size of Florida’s Lake Okeechobee — suggest conditions back then may have been conducive to life. …read more […]

No Picture
Trading Ideas

Microsoft Hits 52-Week High: What’s Driving MSFT Stock?

June 7, 2018 admin Comments Off on Microsoft Hits 52-Week High: What’s Driving MSFT Stock?

Shares of Microsoft Corporation (NASDAQ:MSFT) rallied to a 52-week high of $102.6 on Jun6, eventually closing marginally lower at $102.49. Shares of Microsoft have returned 20.9% year to date, outperforming the industry’s rally of 18.4%. Microsoft’s acquisition of the open-source software development platform giant, GitHub will helpthe company in becoming more future-oriented by encouraging more developers to create services and apps.This in turn will aid Azure to compete better against other computing giants by being more appealing to customers. …read more […]

No Picture
Business News

Disney, Fox carved out assets ‘surgically’: U.S. antitrust chief

June 7, 2018 admin Comments Off on Disney, Fox carved out assets ‘surgically’: U.S. antitrust chief

NEW YORK (Reuters) – Walt Disney Co’s $52.4 billion deal to acquire most of Twenty-First Century Fox Inc’s assets was “surgically” structured on good advice to be submitted to regulators, Makan Delrahim, assistant attorney general for the U.S. Department of Justice’s antitrust division, said on Thursday.

…read more […]

No Picture
Business News

Walmart sues to bar former tax executive from joining Amazon

June 7, 2018 admin Comments Off on Walmart sues to bar former tax executive from joining Amazon

WILMINGTON, Del (Reuters) – Walmart Inc has asked a court to block a former top tax executive from joining Amazon.com Inc , saying the move would violate a non-compete agreement and “irreparably harm” Walmart’s business by potentially tipping off its rival to strategic plans including potential merger targets.

…read more […]

No Picture
Business News

Exclusive: U.S. Justice Department probes T-Mobile-Sprint merger effect on smaller wireless companies – sources

June 7, 2018 admin Comments Off on Exclusive: U.S. Justice Department probes T-Mobile-Sprint merger effect on smaller wireless companies – sources

NEW YORK (Reuters) – The U.S. Department of Justice is examining how the proposed merger between T-Mobile US Inc and Sprint Corp could affect prices for smaller wireless operators, according to two people familiar with the matter.

…read more […]