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Ford's Future in the Automotive Industry Relies on Two Partnerships

Ford's Future in the Automotive Industry Relies on Two Partnerships

After beating expected earnings a week ago, Ford Motor (F:NYSE)  is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..

Sanofi Beats Novo Nordisk for Ablynx Acquisition

Sanofi Beats Novo Nordisk for Ablynx Acquisition

French drug maker Sanofi (NYSE: SNY) has entered into an agreement to acquire Ablynx for 3.9 billion euros or 45 euros per share ($4.8 billion), beating Novo Nordisk’s bid. Under the agreement, Sanofi will acquire all outstanding shares, ..

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..