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DuPont and Dow Chemical Negotiating Possible Merger

DuPont and Dow Chemical Negotiating Possible Merger

Dow Chemical and DuPont are talking about merging which would create a giant in the chemical industry that would have a $130 billion market value that could then be broken into different businesses, said people that are familiar with what is taking place. A deal would face approval by regulators […]

Merrill Lynch Reiterates Bearish Stance On T-Mobile US Inc (TMUS) Stock Despite Merger Talks

Merrill Lynch Reiterates Bearish Stance On T-Mobile US Inc (TMUS) Stock Despite Merger Talks

Merrill Lynch weighs in on the possible merger between T-Mobile and Dish Network, while reiterating an Underperform rating on T-Mobile stock According to a research note published on Friday, Bank of America Corp’s (NYSE:BAC) Merrill Lynch has reiterated an Underperform rating on T-Mobile US Inc. (NYSE:TMUS) stock with a target […]

Verizon Lets Customers Opt Out Of Supercookies (VZ)

Verizon Lets Customers Opt Out Of Supercookies (VZ)

Verizon Wireless is letting users who do not want to be tracked for ad-targeting purposes to opt out of its mobile ad-targeting program completely. Verizon uses an identifier for ad-targeting purposes that is embedded in the user’s phone that cannot be erased by the user, often referred to as a […]

Kohl’s Beats Earning Expectations For 3Q (NYSE: KSS)

Investors were happy to hear that Kohl’s handily beat sales and earnings forecasts for the third quarter. Kohl’s is saying that the numbers indicate its revamping strategy is seeing success. The company has reaffirmed its full-year guidance of earnings of $4.40 to $4.60 a share. Shares of Kohl’s increased 7 […]

Credit Suisse Remains Skeptical About Kraft Foods Group Inc (KRFT) Stock

Credit Suisse Remains Skeptical About Kraft Foods Group Inc (KRFT) Stock

Credit Suisse came up with a report on the stock of Kraft Foods Group Inc (NASDAQ:KRFT) today, in which the firm justified why it has maintained its Neutral outlook for the stock and the $85 target price for it. The target price indicates a return of just 0.6% from the […]

Coca-Cola India Might Shut Factories If Tax Goes Through

Coca-Cola India Might Shut Factories If Tax Goes Through

The Coca-Cola subsidiary in India said Friday that it might have to shut some of its bottling plants if the India government pushes a proposal through that would subject carbonated drinks to a sin tax of 40% as part of wide ranging fiscal overhaul. The beverage maker operates 57 bottling […]

United Nations Says More Americans Using Cannabis

United Nations Says More Americans Using Cannabis

To the surprise of no one the United Nations reported that more Americans are enjoying the pleasures of cannabis. The perception of marijuana use has changed dramatically with more and more states decriminalizing the plant. However, it is just not states like California, Washington and Colorado. Voters in Washington and […]

This Week’s Jobless Claims Data Negates Scares Of Job Growth

This Week’s Jobless Claims Data Negates Scares Of Job Growth

The jobless claims fell to a 15-year low in the past month, suggesting that the slowdown suggested by the March payroll data might have been a fluke This Week’s Jobless Claims Data Negates Scares Of Job Growth Over the past week (ended April 4), the number of Americans applying for […]