corporation

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Analyst Lowers AMD and Nvidia Price on Crypto Mining Chip Forecast

Susquehanna analyst, Christopher Rolland lowered his price target for Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corporation (NASDAQ: NVDA) as specialized cryptocurrency mining chips will be released this year.Rolland reduced his rating to..

Microsoft opens data centers in Switzerland and Middle East

Microsoft opens data centers in Switzerland and Middle East

Microsoft Corporation (NASDAQ: MSFT) on Wednesday announced that it is planning to open its first data centers in the Middle East and Switzerland, it also plans to expand its cloud services in Germany to meet the growing demand.Microsoft’s fir..

Albertsons and Rite Aid Announced the Merger Agreement

Albertsons and Rite Aid Announced the Merger Agreement

Albertsons Companies, one of the nation’s largest grocery retailers, announced on Tuesday a merger agreement with the publicly traded leading drugstore chain Rite Aid Corporation (NYSE: RAD) in a cash and stock deal. The transaction has been a..

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Sees Gains in Q2 Earnings Thanks to Focus on Cloud Services.

Microsoft Corporation (NASDAQ: MSFT) has released its results from its second quarter yesterday January 31st, 2018. The tech giant has reported a 12% increase in Revenue up from $25.8 Billion to $28.9 billion, a 10% increase in Operating Income up f..

Xerox to Merge with Fuji Xerox in Joint Venture

Xerox to Merge with Fuji Xerox in Joint Venture

On Wednesday, FUJIFILM Holdings Corporation and Xerox Corporation (NYSE: XRX) announced that Xerox will merge with Fuji Xerox in joint venture.Fuji Xerox joint venture was a joint venture partnership between the two companies. Established in 1962, t..

Comcast Corporation Announced Fourth-Quarter Results

Comcast Corporation Announced Fourth-Quarter Results

On Wednesday, Comcast Corporation (NASDAQ: CMCSA) announced its financial results for the fourth quarter of 2017 and full year ended December 31, 2017. Both earnings and revenue surpassed expectations.For the fourth quarter, the company reported rev..

M&T Bank Corporation Beats on Fourth-Quarter Results

M&T Bank Corporation Beats on Fourth-Quarter Results

On Thursday, M&T Bank Corporation (NYSE: MTB) posted its results for the fourth quarter, with both revenue and earnings beating estimates.According to the company, for the fourth quarter, revenue of the bank increased from $1.35 billion for the ..