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European Union has ordered Broadcom (AVG) to stop applying certain exclusivity agreements with six of its main customers. According to European Union, this will prevent serious and irreparable harm to competition likely to be caused by Broadcom's conduct. In June, the European Commission opened...

walmarttoys-101619.jpg Walmart has rolled back prices on more than 200 additional toys in stores and online as it braces for the upcoming holiday season. The retail giant is now offering more than 400 toys at a special price, thanks to its already existing rollbacks on toys. In August, Walmart unveiled its list of top-rated toys for 2019 that were selected by kids.

googlelaunchespixel4-oct16.jpg Google unveiled its latest smartphone, the Pixel 4, at the annual Made by Google event in New York on Tuesday. One of the most interesting features of the phone is its miniature radar sensor to detect movement around the phone. It will initiate face unlock on sensing that a user is reaching for the phone, or turn off the screen if the user is not around.

walmarthomedelivery-oct16.jpg Walmart started to deliver groceries directly to customers' refrigerators in three cities from Tuesday. The move is part of the retail giant's efforts to better compete with rival Amazon.com in order to deliver groceries as fast as possible to customers. The retail giant has launched its 'InHome Delivery' service for more than one million customers in Pittsburgh, kansas City, and Vero Beach.

Abbott Laboratories (ABT) said it expects earnings per share from continuing operations to be in the range of $0.59 to $0.61, and adjusted earnings per share from continuing operations of $0.94 to $0.96 for the fourth quarter. Analysts polled by Thomson Reuters expect the company to report earnings of...

Cognizant Technology Solutions Corp. (CTSH) agreed Wednesday to acquire privately-held technology consulting firm Contino. Financial details of the deal were not disclosed. London-based Contino is a premier enterprise DevOps and cloud transformation consultancy. It specializes in helping Global 2,000...

Eli Lilly and Co. (LLY) announced Wednesday that top-line results from its Phase 3 SEQUOIA trial evaluating pegilodecakin plus FOLFOX (folinic acid, 5-FU, oxaliplatin) compared to FOLFOX alone in patients with metastatic pancreatic cancer whose disease had progressed during or following a first-line...

Biopharmaceutical company Alexion Pharmaceuticals, Inc. (ALXN) agreed Wednesday to acquire Achillion Pharmaceuticals, Inc. (ACHN) for an initial consideration of approximately $930 million, or $6.30 per share of Achillion common stock, which will be funded with cash on hand. Achillion is a clinical-stage...

Commerce Bancshares, Inc. (CBSH) reported earnings of $0.98 per share for the third quarter, flat with last year. On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $0.92 per share for the quarter. Analysts' estimates typically exclude special items. Total...

Marks & Spencer Group plc (MAKSY.PK, MAKSF.PK, MKS.L) announced Wednesday that its Group Chief Financial Officer Humphrey Singer will leave the business and step down from his role and from the Board on December 31, 2019. It was in late September that the company announced Singer's decision to leave...

UK's competition watchdog The Competition and Markets Authority or CMA announced the launch of its merger inquiry regarding Amazon's investment in British online food delivery company Deliveroo. In a statement, the CMA said it is "considering whether it is or may be the case that this transaction...

Wirecard AG (WRCDF.PK) said the article published by the Financial Times is a compilation of a number of false and misleading allegations against the company. The Group noted that Financial Times had raised similar defamatory articles earlier also, which were fully refuted. Wirecard said the 34 company...

India- based Sun Pharmaceutical Industries Ltd. (SUNPHARMA, 524715) announced Wednesday the launch of Drizalma Sprinkle (duloxetine delayed-release capsules) in the U.S. for oral use. Drizalma Sprinkle is a serotonin and norepinephrine reuptake inhibitor or SNRI designed to treat various neuro-psychiatric...

Public transport operator National Express Group Plc. (NEX.L) announced Wednesday that its Spanish and Moroccan division, ALSA, has received a major bus contract in Casablanca, for up to 15 years. The contract in Casablanca, which is Morocco's largest city and economic capital, is expected to secure...

ASOS plc (ASOMY.PK, ASOMF.PK, ASC.L), an online retailer, said the Group's financial and operating performance has been disappointing during the year to 31 August 2019. Profit before tax declined 68 percent due to substantial transition and restructuring costs. Total sales grew by 13 percent supported...

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