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Alibaba Group Holding Ltd Appoints Eric Pelletier As Head Of International Government Affairs

Alibaba Group Holding Ltd Appoints Eric Pelletier As Head Of International Government Affairs

Based on recent developments crossing wires, Alibaba Group Holding Ltd. (NYSE:BABA) announced the decision to appoint Eric Pelletier as Vice President, Head of International Government Affairs in Washington on Friday. An inside source informed Bloomberg that Mr. Pelletier would consolidate a team aimed at building relationship with government officials in […]

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Corporation announced its 2018 fourth quarter earnings that reached $466 million, a drop of 5% from its $491 million during the same period in 2017, equal to 48 cents a share compared to 49 cents a share for the prior year or a drop of 2%. Revenue for the […]

Rolls Royce Meltdown Stuns Investors.

Rolls Royce Meltdown Stuns Investors.

Warren East the CEO at Rolls-Royce Holdings revealed on Thursday the full extent of the meltdown in earnings facing Britain’s top manufacturing company. He added that he had uncovered some issues with the organization and management that are far more deeper and divided than originally thought. Profit before taxes will […]

Actavis Plc: Orexigen Therapeutics, Inc. And Takeda Pharmaceutical Filed Lawsuit To Block Generic Weight-Loss Pill

Actavis Plc: Orexigen Therapeutics, Inc. And Takeda Pharmaceutical Filed Lawsuit To Block Generic Weight-Loss Pill

Orexigen Therapeutics, Inc. (NASDAQ:OREX) and its partner Takeda Pharmaceutical Co Ltd (ADR) (OTCMKTS:TKPYY) have filed a lawsuit against Actavis Plc (NYSE:ACT) to block a generic version of a weight-loss pill sold in the market under the name Contrave, according to Reuters. The lawsuit against Actavis Laboratories FL Inc, Andrx Corp, […]

23andMe Could Be The Next Big Thing In Biopharma

23andMe Could Be The Next Big Thing In Biopharma

Mountain View, California-based startup 23andMe is partnering up with drug giant Pfizer Inc. (PFE) to undertake a study to explore the possible genetic underpinnings of inflammatory bowel diseases (IBDs). 23andMe is a privately held genomics and biotechnology company, and is currently working on a number of research projects on genetic […]

China and Truck Sales Drive Profit at GM That Beats Wall Street

China and Truck Sales Drive Profit at GM That Beats Wall Street

General Motors Company reported record earnings for the quarter before charges as strong demand for its trucks across North America and increased profit margins within China overcame a drop in revenues. Shares of GM were up 4.5% on the news in trading before the bell on Wednesday. GM posted a […]

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (BA) Bullish On Air Traffic, New Orders’ Annual Forecast

Boeing Co (NYSE:BA) remains bullish on the airline passenger traffic and commercial aircraft sales. According to Reuters, the company’s airline passenger traffic is expected to increase by 6% by the end of 2019. Boeing said that the increased passenger traffic will ultimately lead to aircraft’s increased demand during the year, […]

Dollar General Trims Sales View and Committed to Rival Buy

Dollar General Trims Sales View and Committed to Rival Buy

The full-year sales forecast was reined in by Dollar General Corporation as the company confirmed that it will stay committed to purchasing its rival, Family Dollar Stores, Inc. If the sale is approved, it would solidify Dollar General’s place as being the number one discount retailer in the United States. […]