logo

Breaking News

Share

Western Union Co. (WU), a cross-border, cross-currency money movement, announced Friday that the company entered into a strategic agreement with JD Digits, a digital technology company in China. The companies will join forces to advance digital cross-border money movement and payments for global consumers...

Boeing (BA) said it reached a special milestone as it delivered the 787th 787 Dreamliner, the fastest-selling twin-aisle jet in history. The airplane, which sports a special logo commemorating the production milestone, was delivered to AerCap, the world's largest lessor and 787 customer. The airplane...

Danish biotechnology company Genmab A/S announced Thursday that Janssen Pharmaceutical K.K. has submitted a supplemental new drug application or sNDA in Japan for Daratumumab to use in front line Multiple Myeloma. The submission of the application triggers a milestone payment of $2 million to Genmab...

Apple Inc. (AAPL) reportedly said Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc. Apple was responding to a Chinese court that ruled this week Apple infringed two Qualcomm patents and issued injunctions against the sale of six older...

Qualcomm Inc.(QCOM) and VinSmart, a wholly owned subsidiary of Vingroup, said that they have entered into a Patent Licensing Agreement which covers multimode complete terminals. As per the terms of the Agreement, Qualcomm has granted VinSmart a royalty-bearing patent license to develop, manufacture...

Starbucks Corp. (SBUX) said it launched its first-ever, virtual Starbucks store today in China. It announced long-term growth algorithm delivering double-digit growth in non-GAAP earnings per share. It plans to roll out Nitro Cold Brew in all U.S. company-operated stores in fiscal year 2019. The Chief...

After moving sharply higher early in the sessions, shares of Ciena Corp. (CIEN) have given back some ground but remain firmly positive in late-day trading on Thursday.

Shares of Tailored Brands Inc. (TLRD) continue to see substantial weakness in afternoon trading on Thursday after gapping open sharply lower.

After gapping open sharply higher, shares of General Electric Co. (GE) have pulled back off their best levels of the day but remain firmly positive in afternoon trading on Thursday.

Shares of Aflac Inc. (AFL) have shown a strong move to the upside during trading on Thursday, surging up by 6.3 percent.

ge-servicemax-121318.jpg Shares of General Electric Co. are rising more than 10 percent on Thursday after the industrial conglomerate said it plans to establish a new, independent company focused on building a comprehensive Industrial Internet of Things or IIoT software portfolio. In addition, longtime bearish analyst Stephen Tusa of J.P. Morgan upgraded shares of GE to neutral.

CTI BioPharma Corp. (CTIC) announced a restructuring plan to improve efficiencies and reduce costs within the organization. As part of this plan, workforce reductions have been implemented that impact about 50 percent of the total number of the Company's employees. The company noted that cost savings...

L Brands Inc. (LB) said that it agreed to transfer ownership and operating control of La Senza - inclusive of the home office organization, North American stores and e-commerce and international partnerships - to an affiliate of Regent LP, a global private equity firm. The company noted that it will...

apple-austin-121318.jpg Apple Inc. said Thursday that it will invest $1 billion to build a new corporate campus in North Austin that will eventually create 15,000 jobs. Further, the tech giant announced plans to establish new offices and expand to over 1,000 employees each in three cities - Seattle, San Diego and Culver City, California. In January, Apple said it will create over 20,000 jobs over the next five years.

Caterpillar Inc. (CAT) said Thursday that its Board elected Jim Umpleby, the company's Chief Executive Officer, to the additional position of Chairman of the Board, effective immediately. Umpleby has been a member of the Board and Chief Executive Officer since January 1, 2017. Dave Calhoun, who has...

Follow RTT