competition

Hasbro to Acquire Mattel

Hasbro to Acquire Mattel

Hasbro (NASDAQ: HAS) has announced plans to buy Mattel (NASDAQ: MAT) in an attempt to combine the two biggest U.S. toymakers in more than two decades. By uniting Hasbro’s My Little Pony, Nerf, and Monopoly brands with Matter’s Barbi..

Walgreens Received Regulatory Clearance to Acquire     Rite Aid

Walgreens Received Regulatory Clearance to Acquire Rite Aid

Walgreens Boots Alliance Inc (NASDAQ: WBA) has received the regulatory clearance required for the acquisition of Rite Aid Corporation (NYSE: RAD) for 4.375 billion in cash. Tuesday Walgreens announced that the amended and restated asset purchase agr..

Eli Lilly to Cut 3,500 Jobs

Eli Lilly to Cut 3,500 Jobs

Drug making company Eli Lilly & Co. (NYSE:LLY)is planning on cutting 8.5% of their workforce and wants to close some facilities as the company is struggling with cost on some of their biggest products.The company has about 41,000 employees ..

Gap shares rise after surpassing Q2 estimates

Gap shares rise after surpassing Q2 estimates

Shares of Gap Inc. (NYSE: GPS) rallied more than 6 percent in extended-hours trading after the retailer reported better than expected second quarter results and raised its full-year profit forecast on Thursday, Reuters reports.The company’s ne..

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

According to a report by CNBC, Apple Inc. (NASDAQ: AAPL) and Aetna Inc. (NYSE: AET) had several secret meetings last week, where the two discussed plans to bring Apple’s smartwatch, which has health and fitness-tracking features to millions of..

Tesla to Face Competition in the Battery Production Field

Tesla to Face Competition in the Battery Production Field

Tesla Inc. (NASDAQ: TSLA) may face increased competition in the rechargeable battery field. Currently Tesla is a leader in battery technology. The Tesla Gigafactory 1 is a lithium-ion battery factory under construction in Nevada. The factory started..

The World's Biggest Chip Maker is Now Samsung

The World's Biggest Chip Maker is Now Samsung

Not very long ago, this coveted position was occupied by Intel Corporation (NASDAQ: INTC), but the company has now lost its place to Samsung, which is now the world's biggest chip maker. The ascension of Samsung assumes great significance becaus..