industry

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire’s plc (NASDAQ: SHPG) shares surged by 17 percent on Wednesday following Takeda Pharmaceutical potential $40 billion bid midst acquisition and mergers in the pharmaceutical industry, according to CNBC.CNBC said Takeda is in its “pre..

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Technologies SA (NYSE: SPOT) forecast a strong fiscal year growth as its initial public offering launching approaches. The music streaming service will go public next week April 3 and will list itself on the New York Stock Exchange under the..

Decline in International Visitors Worries American Travel Industry

Decline in International Visitors Worries American Travel Industry

The data says it all: there has been a definite decline of the US pie in worldwide travel from 2015. This scenario happens at a time when international travel has only risen across the world. Many travel for business and also for vacation. The numbe..

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

The first trade session of 2018 was boosted by the strong performance of Asian indexes. At the same time, the dollar continued to stay on the rear foot and touched its minimum in the last three months.  The S&P/ASX 200 dropped down and trad..

China’s Factory Industry at Seven-Month Low

China’s Factory Industry at Seven-Month Low

As demand and producer price gains slowed down in November, China’s industrial firms’ earnings trimmed down as well marking it the slowest pace in seven months. China is the world’s second largest economy with low income that has c..

Amazon to Open Mega Warehouse in Mexico

Amazon to Open Mega Warehouse in Mexico

Amazon.com, Inc. (NASDAQ: AMZN) is preparing to open a mega warehouse near Mexico City that will be 1 million square feet to help boost Mexico’s e commerce industry. The warehouse is to be built in the Tepotzotlan municipality about 25 miles n..

Target Plans to Lower Prices

Target Plans to Lower Prices

Target Corporation (NYSE: TGT) has announced Friday that it will cut prices of thousands of products in its stores. Shares of Target fell more than 2.5% after the announcement. The initiative is a competitive plan to help Target increase sales again..