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Walgreens Made Takeover Approach to AmerisourceBergen

Walgreens Made Takeover Approach to AmerisourceBergen

The Wall Street Journal reported this Monday that Walgreens Boots Alliance Inc. (NASDAQ: WBA) has made a takeover approach to drug distributor AmerisourceBergen Corp. (NYSE: ABC). This move is expected to “boost profitability at the drugstore ..

Juno Shares Surge on Celgene’s $9 Billion Acquisition

Juno Shares Surge on Celgene’s $9 Billion Acquisition

Juno Therapeutics Inc. (NASDAQ: JUNO) shares continued to surge on Monday after Celgene Corp. (NASDAQ: CELG) had entered into an agreement to acquire Juno for a total of $9 billion or $87 per share. Juno shares rose 27 percent during Monday&rsq..

Google, Sony, Lenovo Work on Smart Speakers with Touchscreens

Google, Sony, Lenovo Work on Smart Speakers with Touchscreens

On Monday, Alphabet Inc (NASDAQ: GOOGL) has announced plans to partner with LG Electronics Inc. and Sony Corp (NYSE: SNE) to incorporate their voice controlled virtual assistant into new tablet like devices. As Google tries to challenge Amazon.com,..

Shell Beats Third Quarter Estimates

Shell Beats Third Quarter Estimates

Shell Global (NYSE: RDS.A) reported almost a 50% rise in quarterly profits that was mostly driven by strong refining while also adapting well to low oil prices. Cash generation has been boosted in recent quarters as costs have been cut and asse..

Kellogg Company Tops with Q3 Earnings, Shares Surge

Kellogg Company Tops with Q3 Earnings, Shares Surge

On Tuesday, Kellogg Company (NYSE: K) announced its financial results for third quarter of 2017. After announcing better-than-expected revenues and earnings, shares of the company increased over 4% in pre-market trading on Tuesday, and shares contin..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

National Institute of Health partners with 11 Biopharma companies for Cancer Research

National Institute of Health partners with 11 Biopharma companies for Cancer Research

The National Institutes of Health and 11 biopharmaceutical companies today launched the Partnership for Accelerating Cancer Therapies (PACT). This is a five-year-public-private research collaboration totaling $215 million as part of the Cancer Moons..