Retail
Alibaba Reportedly Scheduled to Open its First Brick-And-Mortar Mall in China
It looks like the retail sector is set to have yet another big day! On Tuesday, September 5, Caixin, a Beijing-based financial news group, announced that Alibaba Group Holdings (NYSE:$BABA) is reportedly working on developing ... [Read]
Publishing
Tronc Acquires New York Daily News, Solidifies Top Position in Media Market
Tronc Inc. (NASDAQ:$TRNC), owner of the Chicago Tribune and Los Angeles Times newspapers, has solidified its position in the United States’ top media market by acquiring the New York Daily News from publishing mogul Mort ... [Read]
Autos
Hyundai Clashes with Chinese Partner Over Supply Cost Cuts
Hyundai Motor Co. (NASDAQ:$HYMTF) is clashing with its Chinese partner over an effort to cut supplier costs, simultaneously grappling with the impact of a stand-off between Beijing and Seoul. Hyundai and its affiliate Kia Motors ... [Read]
Biotechnology
Lung Disease Drug Sends Insmed’s Stock Soaring
As of pre-market trading Tuesday, shares of Insmed Inc. (NASDAQ:$ INSM) more than doubled. This came after the company announced that its new drug, an inhaled antibiotic known as Alis, successfully treated patients with a ... [Read]
Application Software
Microsoft Unveils Smartwatch Plans
Microsoft Corporation (NASDAQ:$MSFT) has reportedly filed a patent application for its new smartwatch that could soon compete with the Apple Watch and other wearables. Patently Apple uncovered the patent filing with the following information: “While ... [Read]
Aerospace and Defense
United Technologies Defends its $23 Billion Rockwell Collins Acquisition Against Boeing Co.
United Technologies Corp (NYSE:$UTX) is an aerospace and industrial company that recently acquired avionic maker Rockwell Collins Inc (NYSE:$COL) for a cool $23 billion. However, Boeing Co (NASDAQ:$BA) firmly disapproved as to whether the deal ... [Read]
Banks
Wells Fargo: A Detailed Analysis for Dividend Investors
Beginning 12 months ago, when regulators revealed a massive multi-year sales scandal that had taken place at the bank, Wells Fargo (NYSE:$WFC) has had a rough year. But do not be fooled; the California-based bank ... [Read]
Restaurants
Will Chipotle’s New Strategic Initiatives Reinvigorate Market Confidence?
Throughout 2016-2017, Chipotle Mexican Grill (NASDAQ:$CMG) has suffered both in its reputation and fiscal situation related to its food-born illnesses scandals. Now, Chipotle is leaving no stone uncovered to reinvigorate investment confidence through new strategic ... [Read]
Trump
Trump Abolishes the DACA Program and Facebook’s Mark Zuckerberg is Not Happy
By now, most people are aware that President Donald Trump has officially made the decision to terminate the Obama-era immigration program known as DACA. And in response, Facebook (NASDAQ:$FB) CEO Mark Zuckerberg couldn’t help but ... [Read]
Online Media
WhatsApp to Test New Features; Will Make it Easier to Connect With Businesses on the App
Are you looking to get into online media investing, or social media investing? If so, you might find today’s news interesting. Based on the Wall Street Journal’s latest report, social media giant Facebook, Inc. (NASDAQ:$FB) ... [Read]