Trading Ideas
Microsoft detected Russian phishing attacks on three 2018 campaigns
Russia is still launching cyberattacks against the US, a Microsoft exec has …read more […]
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Business News
Asia stocks subdued as European trade fears flare, Trump comments hit dollar
Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar.
Business News
‘Medical check-ups’: Japan firms tap banks for advice as activists circle
Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and cross-shareholdings in the nation.
Trading Ideas
Microsoft beats Wall Street targets on cloud services revenue
The company’s flagship Azure cloud product recorded revenue growth of 89 percent in the fourth quarter ended June 30. Much of Microsoft’s recent growth has been fuelled by its cloud computing business, which has benefited from companies rushing to shift their workloads to the cloud to cut data storage and software costs. Microsoft shares have risen 180 percent since Satya Nadella took over as chief executive in 2014, refocusing the company on cloud computing rather than PC software. …read more […]
Business News
Microsoft beats Wall Street targets on cloud services revenue
Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.
Business News
At patent trial, Groupon casts IBM as shaking down other tech companies
A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.
Trading Ideas
Walmart acquiring Shopify is no longer a laughable idea
Sujay Seetharaman Contributor …read more […]
Trading Ideas
Nucor Corporation Beats Its Own Guidance on Way to Second-Best Quarter Ever
Its $2.13-per-share earnings result was just above the high end of its recently issued expectations, and easily its highest since before the Great Recession. …read more […]
Trading Ideas
Merck lowers prices of some drugs after Trump calls out industry
Merck & Co on Thursday announced price cuts to some of its medicines, including a 60 percent reduction to a hepatitis C treatment, after U.S. President Donald Trump criticized drugmakers for failing to help reduce healthcare costs for consumers. Amid heightened political scrutiny over the high cost of prescription medicines and promises by Trump that drug price reductions were coming, New Jersey-based Merck became the first major drugmaker to announce voluntary price decreases. In addition to slashing the price of Zepatier, which owns a very small share of the hepatitis …read more […]
Business News
U.S. court OKs speedy appeal of AT&T-Time Warner tie-up
A federal appeals court on Thursday approved the U.S. Justice Department’s request for an expedited schedule for an appeal of a judge’s ruling that allowed AT&T Inc to buy content provider Time Warner.
Business News
Microsoft beats Wall St targets on cloud services revenue
Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.
Trading Ideas
Microsoft beats Wall St targets on cloud services revenue
The company’s flagship Azure cloud product recorded revenue growth of 89 percent in the fourth quarter ended June 30. Much of Microsoft’s recent growth has been fueled by its cloud computing business, which has benefited from companies rushing to shift their workloads to the cloud to cut data storage and software costs. Microsoft shares have risen 180 percent since Satya Nadella took over as chief executive in 2014, refocusing the company on cloud computing rather than PC software. …read more […]
Trading Ideas
General Electric (GE) Stock Flat Ahead of Earnings: What To Expect
Shares of General Electric (GE) lost 0.2% during regular hours Thursday, the last day of trading before the company releases its latest quarterly earnings report. Here’s what to expect on Friday morning. …read more […]
Business News
U.S. stocks fall on sour earnings, trade fears
U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States.
Business News
Court OKs expedited schedule for U.S. appeal of AT&T Time Warner tie-up
A federal appeals court on Thursday approved the U.S. Justice Department’s request for an expedited schedule for an appeal of a judge’s ruling that allowed AT&T Inc to buy movie and TV show maker Time Warner.