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Demand for Porsche's Panamera Sedan Surges

Demand for Porsche's Panamera Sedan Surges

Porsche’s parent Volkswagen has been making a move to shift to cleaner vehicles that have made increasing demands for the Panamera hybrid sedan. However, challenges have been arising such as the struggle for battery suppliers to keep up with t..

Teva May Cut 10,000 Jobs

Teva May Cut 10,000 Jobs

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) has announced the cut of 10,000 jobs as the company aims to reduce $1.5 billion to $2 billion in costs over the next two years. Following this announcement, the drug maker’s U.S. shares increase..

Revance Therapeutics Shares Jumped After Positive Top-Line Results From Phase 3 Trial

Revance Therapeutics Shares Jumped After Positive Top-Line Results From Phase 3 Trial

Revance Therapeutics Inc (NASDAQ: RVNC) is a biotechnology company developing neuromodulators for use in treating aesthetic and underserved therapeutic conditions. On Tuesday shares of the Revance jumped about 10% a after the company announced its n..

China Energy Invests $83 billion into Energy Projects in West Virginia

China Energy Invests $83 billion into Energy Projects in West Virginia

According to Reuters, China Energy Investment Corp, the world’s largest power company in value of assets, has now signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power, and chemical projects in West Virginia, U..

Regeneron Pharma beats Q3 earnings

Regeneron Pharma beats Q3 earnings

Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) reported its third quarter earnings for fiscal year 2017 and beat analysts’ estimates, sending shares up almost 7 percent shortly after open on Wednesday.For the third quarter, Regeneron reported r..

Activision reports better than expected Q3 but shares fall

Activision reports better than expected Q3 but shares fall

Activision Blizzard Inc. (NASDAQ: ATVI) reported its third quarter earnings that surpassed expectations of both analysts and the company itself, but shares fell by 3.5 percent during trading hours on Friday.For the third quarter, Activision rep..

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters Corp. (NYSE: TRI) reported its third quarter earnings and beat earnings estimates, but shares fell by over 5 percent during Wednesday's trading hours.For the third quarter, the company reported $2.79 billion in revenue, 2 percent..