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Category: Enterprise


Enterprise, Industries

Pfizer to pay $11.6 billion for Biohaven to tap migraine market

May 10, 2022

Via: Investing.com

Pfizer Inc (NYSE:PFE) said on Tuesday it will pay $11.6 billion to buy Biohaven Pharmaceutical Holding Co (NYSE:BHVN), making a big bet its ability to boost sales of the top-selling pill in a new class of migraine drugs. The boards […]


Enterprise, Industries

Alphabet and Microsoft look like gems in the rubble of the tech sector

April 28, 2022

Via: MoneyWeek

The tech-heavy Nasdaq index, which is frequently used as a benchmark for the tech sector, has crashed into a bear market. The index has fallen 22% from its record high close last November. However, as my colleague Max King points […]


Enterprise, Industries

Meta Earnings Eyed as Tech Stocks Plummet – Will Facebook Get the Netflix Treatment

April 27, 2022

Via: DailyFX

Meta Platforms (FB) stock prices have plummeted from their September 2021 highs, falling more than 50% from those levels, pressured by slowing growth in the business, privacy changes to Apple’s iOS, stronger competition, doubts about the metaverse venture and broad-based […]


Enterprise, Industries

Samsung Electronics Q1 profit tops market expectations on solid chip demand

April 7, 2022

Via: Investing.com

Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid demand underpinned prices for memory chips. Earnings at the world’s largest memory chip […]


Enterprise, Industries

Twitter shares take off as Elon Musk buys stake worth almost $3bn

April 4, 2022

Via: Sky News

A regulatory filing showed the tycoon had snapped up 73,486,938 Twitter shares. The stake is worth $2.89bn (£2.2bn), based on Twitter’s closing price on Friday. Musk is a frequent user of Twitter and has more than 80 million followers, but […]


Enterprise, Industries

Intel plans to pump $100M into Ohio and US higher ed

March 22, 2022

Via: Education Dive

Intel is among the major technology players working with two- and four-year colleges to create in-demand academic programs. Among the others are Amazon and Google. The former has especially made in-roads teaming up with four-year institutions to develop cloud computing […]


Enterprise, Industries

Coke and PepsiCo Earnings Show Big Sales Gains on Big Price Increases

February 10, 2022

Via: The Wall Street Journal

Coca-Cola Co. and PepsiCo Inc. reported higher quarterly sales as the global soda giants pushed through price increases but also felt the squeeze of higher costs for commodities and transportation. Coke’s organic revenue increased 9% in the quarter ended Dec. […]


Enterprise, Industries

Shares of Facebook parent Meta plunge 23 percent on lower profits

February 3, 2022

Via: NBC News

Newly renamed Meta is investing heavily in its futuristic “metaverse” project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got […]


Enterprise, Industries

Vodafone shares rise on report of stake acquired by activist Cevian

January 31, 2022

Via: Sky News

The London-listed stock was 4% ahead in early trading after Cevian Capital was said to have acquired an undisclosed chunk of the company to encourage it to lead a consolidation drive in Europe. That would be welcomed by analysts and […]


Enterprise, Industries

Apple Takes Smartphone Lead in China, Helping Drive Record Profit

January 28, 2022

Via: The Wall Street Journal

Apple Inc.’s latest record holiday quarter came in part because of excitement for the iPhone 13 in China, where homegrown Huawei Technologies Co. has seen a decline in its market share following U.S. sanctions. Greater China revenue rose 21% to […]