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Ford Signs $756 Million Deal with Zotye for Electric Cars

Ford Signs $756 Million Deal with Zotye for Electric Cars

On Wednesday, Ford Motor Company (NYSE: F) signed deal with Anhui Zotye Automobile Co Ltd (SHE:000980), a China-based company, to build, market and distribute electric cars under a new brand in China.Zotye Automobile Co Ltd, which was based in China..

Sprint Reported Quarterly Results with Narrower Loss

Sprint Reported Quarterly Results with Narrower Loss

Sprint Corp (NYSE: S) announced its financial results for the second quarter of 2017. Shares of the company increased 2.2% to $7.15 per share in mid-morning trading.“Sprint was able to deliver net additions in both its postpaid phone and ..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

Quidel Reports Acquisition of Alere Triage Assets

Quidel Reports Acquisition of Alere Triage Assets

Quidel Corp. (NASDAQ: QDEL) announced today that it has reached an agreement to acquire Alere Inc.'s (NYSE: ALR) Triage B-type Natriuretic Peptide assay business and its Triage MeterPro cardiovascular and toxicology assets for $400 million and $..

 Avis Budget Group Inc.Share Up After Announcement on Alphabet Collaboration

Avis Budget Group Inc.Share Up After Announcement on Alphabet Collaboration

On Monday, shares of Avis Budget Group Inc. (NASDAQ: CAR) soared more than 18% (as high as $29.32) after the company unveiled plans to collaborate with Alphabet Inc. (NASDAQ: GOOGL) on self-driving automobiles.Waymo, Alphabet’s self-drivi..