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Activision Blizzard Pays $46M For Major League Gaming Assets (NASDAQ:ATVI)

Activision Blizzard Pays $46M For Major League Gaming Assets (NASDAQ:ATVI)

Activision Blizzard has reportedly acquired a majority of Major League Gaming’s assets in a $46 million deal. Major League Gaming was once the largest esports company in North America. The company has not yet publicly confirmed the report. Founded by Sundance DiGiovanni and Mike Sepso in 2002, MLG helped bring […]

Pfizer Increased Prices in U.S. for More Than 100 Drugs

Pfizer Increased Prices in U.S. for More Than 100 Drugs

Pfizer Inc, which is planning a merger of $160 billion with Allergen based in Ireland to cut its annual tax bill, raised the prices in the U.S. on January 1 of over 100 drugs, of which some were hiked by 20%, according to a global information company online that compiled […]

Amazon Scores Martha Stewart American Made Store (NASDAQ:AMZN)

Amazon Scores Martha Stewart American Made Store (NASDAQ:AMZN)

Martha Stewart’s American Made store is moving from eBay to Amazon’s Handmade marketplace. Both eBay and Ms. Stewart confirmed that they had decided to part ways. Amazon’s mammoth scale made it an attractive partner for Martha Stewart’s American Made store. Amazon is one of the country’s largest retailers with sales […]

Molycorp Inc (MCP) Reports 13th Consecutive Quarterly Loss

Molycorp Inc (MCP) Reports 13th Consecutive Quarterly Loss

On Thursday, Molycorp Inc (NYSE:MCP) reported its result for the first quarter of fiscal’15 (1QFY15, ended March 31, 2015) before the opening bell in New York. The Colorado-based company’s stock price is down more than 18% in the early minutes of trading on the New York Stock Exchange (NYSE), after […]

High Online Shopping Volume Straining Shipping Companies

High Online Shopping Volume Straining Shipping Companies

December always is the busiest month for package shipping but this year it is bigger than it has ever been due to a huge push in e-commerce that is putting more stress on the country’s delivery companies. A surge last month of orders around the Cyber Friday, Cyber Monday weekend […]

Walmart Income for Fourth Quarter Down On Lower Sales

Walmart Income for Fourth Quarter Down On Lower Sales

On Thursday, Walmart said its earnings for the fourth quarter were down by 7.9% because of higher operating expenses and lower sales. The largest retailer in the world lowered its sales growth estimate for 2017, which began in February. The estimate previously had been for a 3% to 4% increase, […]

Extent Of JPMorgan Breach Still Under Investigation (JPM)

Extent Of JPMorgan Breach Still Under Investigation (JPM)

This summer, JPMorgan was the victim of a hacker attack that left scores of customer information vulnerable. Now, several months after the attack, the extent of the breach is still being investigated. Security experts have been hired to conduct an investigation and the Federal Bureau of Investigation has become involved […]

Why Bank Of America (BAC), Citigroup (C), JPMorgan Chase & Co. (JPM) Stocks Gained Yesterday

Why Bank Of America (BAC), Citigroup (C), JPMorgan Chase & Co. (JPM) Stocks Gained Yesterday

The recently released May jobs report has raised the possibility that the Federal Reserve’s much-discussed rate hike will take place in September. The data indicates a second-quarter rebound with a stronger-than-expected growth for the month of May. Against the expectations of 225,000 jobs, 280,000 jobs were created in the month. […]