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Match Group Inc. (MTCH) announced that it has acquired a 51% ownership stake in Hinge, the New York City-based relationship app. Match Group has the right to acquire all the remaining shares of Hinge within the next 12 months. Additional terms of the transaction were not disclosed. Match made its...

HP Inc. (HPQ) said that its board authorized an additional $4.0 billion for future repurchases of its outstanding shares of common stock. HP noted that it intends to use the additional authorization to repurchase its shares from time to time to offset the dilution created by shares issued under employee...

The voluntary public takeover offer by Vonovia SE (DAIMF) to all shareholders of BUWOG AG has ended successfully. The extended acceptance period lapsed on 18 June 2018, 17:00 hours (CEST), in the course of which additional BUWOG shares were tendered into the takeover offer. In addition, Vonovia...

Apple Inc. (AAPL) said that it is forming a partnership with Sesame Workshop to create children's programming for its planned subscription video service. The pact is the latest in a slew of deals Apple has struck in recent months for content including an agreement last week for Oprah Winfrey to create...

Walt Disney Co. (DIS) is close to winning U.S. antitrust approval for its $71 billion deal for 21st Century Fox Inc.'s entertainment assets, creating a potentially insurmountable hurdle for a rival bid from Comcast Corp., Bloomberg reported citing a person familiar with the matter. The U.S. Justice...

Novo Nordisk (NVO) announced the successful completion and headline results of the phase 3a trials PIONEER 4 comparing oral semaglutide as a treatment for adults with type 2 diabetes to Victoza (1.8 mg liraglutide) and placebo, and PIONEER 7 comparing oral semaglutide as a treatment for adults with type...

German automaker Daimler AG (DDAIF.PK) issued a profit warning, saying Chinese retaliatory import duties on vehicles built in the U.S. would hit sales and profits of the SUVs it builds at its Alabama factory. "From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, fewer than...

The Securities and Exchange Commission has filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S. According to the SEC's complaint, the defendants defrauded more than 600 investors through sales...

The Justice Department announced Wednesday that Healogics Inc. has agreed to pay up to $22.51 million to settle allegations that it violated the False Claims Act by knowingly causing wound care centers to bill Medicare for medically unnecessary and unreasonable hyperbaric oxygen therapy. Healogics,...

Merrill Lynch has agreed to pay $42 million in penalty SEC to settle charges that it misled customers about how it handled their orders. According to the SEC's order, Merrill Lynch falsely informed customers that it had executed millions of orders internally when it actually had routed them for execution...

Shares of Oracle (ORCL) have shown a significant move to the downside during trading on Wednesday, slumping by 7.3 percent.

Werner has recalled about 78,000 multi-purpose telescoping aluminum ladders due to risk of fall. The company has recalled five models of aluminum telescoping ladders that can be used in five different positions, including twin step ladder, stairway step ladder, extension ladder, wall ladder and as...

After moving sharply lower in morning trading on Wednesday, shares of Starbucks (SBUX) continue to see significant weakness in the afternoon.

comebackge-june20.jpg Down the line, GE has transformed from a too-big-to-fail conglomerate to a too-big-for-success albatross. The company has admitted to being too-much focused on EPS and operating profit, and not paying enough attention to cash. However, GE is certainly learning lessons from its past and refocusing its strategies to stage a comeback to its Camelot days, the key catalysts being...

After gapping open higher, shares of Walgreens Boots Alliance (WBA) have seen some further upside during trading on Wednesday.

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