Lazard Working with Sanofi on Deal for Animal Health Segment

Posted by D Anicetti on Nov 29th, 2015

Lazard the investment bank is working with management at Sanofi to prepare a sale or a listing of animal health unit Merial. That could value its business at as much as $12 billion euros or $12.7 billion, said source close to the matter. Lazard... More »

Raspberry Pi Computer Will Cost You Only $5

Posted by D Anicetti on Nov 26th, 2015

British company Raspberry makes learning to program the same price as a double latte. The new educational micro-computer by Raspberry Pi is the cheapest it has made to date – a device that is pocket-sized designed for teaching kids... More »

Campbell Soup Takes Risk Changing Recipes (NYSE:CPB)

Posted by Toi Williams on Nov 25th, 2015

Campbell Soup has announced that it is changing the recipe of its signature chicken noodle soup. The new Campbell’s chicken noodle soup contains 20 ingredients, down from the more than 30 in its previous version. The new recipe is... More »

Tiffany Misses on Profit As Sales Hurt by Dollar

Posted by D Anicetti on Nov 24th, 2015

Tiffany & Co posted a profit for the third quarter that disappointed and cut its forecast for the year as the strong U.S. dollar and the choppy economic conditions weighed on luxury jewelry sales. Profit reached 70 cents per share,... More »

Pfizer Increasingly Defensive Over Allergan Merger (NYSE:PFE)

Posted by Toi Williams on Nov 23rd, 2015

Pfizer has received a lot of pushback over its proposed deal to buy Allergan for $152 billion. The merger itself is not the problem, but what the company plans to do after the merger is complete. Pfizer has revealed plans to move its... More »

Microsoft Deals for Black Friday Beginning Now

Posted by D Anicetti on Nov 21st, 2015

The holiday deals from Microsoft have begun and run until the weekend of Thanksgiving. Some of the digital deals only cost 10 cents. The latest deals for Black Friday are underway at the software giant. Microsoft is on a 10 cent kick... More »

Starboard Urges Yahoo Not to Spinoff Alibaba

Posted by D Anicetti on Nov 19th, 2015

Starboard Value, the Jeff Smith operated activist fund is urging Yahoo Inc to drop its plan of spinning off its share in Alibaba the e-commerce giant based in China. Starboard said instead that Yahoo should sell its display and search... More »

Target Met Profit Expectations In Third Quarter (NYSE:TGT)

Posted by Toi Williams on Nov 18th, 2015

Target Corp. reported its results for the August-to-October quarter Wednesday morning. Its profits fell in line with expectations. In the third quarter, Target reported adjusted earnings per share of 86 cents, in line with analysts’... More »

Urban Outfitters Shares Fall After Announcing Pizza Purchase

Posted by D Anicetti on Nov 17th, 2015

Urban Outfitters Inc is going to enter the restaurant business and that has not pleased its investors. Shares fell by 7.4% Monday after Urban announced it has acquired Vetri Family a group of restaurants that includes the chain Pizzeria... More »

Facebook Activated Safety Check While Attacks Took Place in Paris

Posted by D Anicetti on Nov 14th, 2015

Users of Facebook, who at the time of the Friday terrorist attack were in Paris, were able to notify family and friends about their whereabouts and safety through the tool on the social media site know as Safety Check. Users started... More »

Kohl’s Stock on the Rise as Sales Increase

Posted by D Anicetti on Nov 12th, 2015

On Thursday, Kohl’s Corp posted a profit that fell by 15% during the third quarter amid worries that the retailer’s plan for a turnaround was faltering. Nevertheless, the retailer had earnings that were higher than Wall Street... More »

Apple Wallet To Be Enhanced With Peer-to-Peer Network (NASDAQ: AAPL)

Posted by Toi Williams on Nov 12th, 2015

Apple is working on a new peer-to-peer payments service that which would let people use their smartphones to send money to one another. The service could be ready as soon as next year. The new service would be in direct competition... More »

Russia Calls Doping Allegations Groundless

Posted by D Anicetti on Nov 10th, 2015

Russia has sharply rejected the allegations that it has a state sponsored doping program for its athletes dismissing those claims by the overseers of sport as groundless and not supported by and evidence that is clear cut. This response... More »

Starbucks Facing Backlash Over Red Holiday Cups (NASDAQ:SBUX)

Posted by Toi Williams on Nov 9th, 2015

A number of people are upset with Starbucks right now and are vocally voicing their disapproval on social media. At issue are the plain red holiday cups that Starbucks is using this holiday season. Previously, the holiday cups at Starbucks... More »

Alibaba Acquires Youku for $4.8 Billion

Posted by D Anicetti on Nov 7th, 2015

Alibaba Group Holding agreed to acquire Youku Tudou the video service in a deal that is said to be $4.8 billion, as Jack Ma the billionaire is seeking to stream additional content to Internet users in China through control of the site... More »

Toyota Cuts Sales Forecast for the Full Year

Posted by D Anicetti on Nov 5th, 2015

Toyota Motor Corp has cut its revenue forecast for the full year on Thursday as the company based in Japan expects weaker sales of vehicles in emerging countries in Asia, where the demand for their cars has been rocked by a slowdown... More »

Sprint Suffers Deeper Loss Than Was Expected

Posted by D Anicetti on Nov 3rd, 2015

Sprint Corp posted a bigger than had been expected loss on Tuesday and a drop in its revenue for its fiscal first quarter, while it said it is planning to cut costs by $2 billion over the next fiscal year. Shares dropped 4.5% in trading... More »

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