manufacturing

Sanofi Beats Novo Nordisk for Ablynx Acquisition

Sanofi Beats Novo Nordisk for Ablynx Acquisition

French drug maker Sanofi (NYSE: SNY) has entered into an agreement to acquire Ablynx for 3.9 billion euros or 45 euros per share ($4.8 billion), beating Novo Nordisk’s bid. Under the agreement, Sanofi will acquire all outstanding shares, ..

Microsoft pauses AMD Processor Updates on Errors

Microsoft pauses AMD Processor Updates on Errors

Microsoft Corp. (NASDAQ: MSFT) paused patches to prevent Meltdown and Spectre security threats for computer running on Advanced Micro Devices, Inc. (NASDAQ: AMD) processor chips after receiving many complaints about display errors or freezes.In Micr..

Ford With Plans to Release Diesel Option for F-150

Ford With Plans to Release Diesel Option for F-150

Ford Motor Company (NYSE: F) has announced plans to release a diesel engine version of their best selling F-150 pickup truck this spring. Ford executives said the diesel model of the F-150 is expected to get 30 miles per gallon fuel efficiency on th..

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel, Inc. (NASDAQ: MAT) shares fell in late trading following a rejection from the possible Hasbro, Inc. (NASDAQ: HAS) takeover, a deal that could’ve created the largest American toymaker. Mattel claims that the proposal undervalues the com..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Smartphones to be Produced in India

Smartphones to be Produced in India

India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..