Large Cap Archives - Page 306 of 437

2 minute read

Is There Collusion in the Baby-Formula Industry?: FTC Scrutinizes State Contracts Bidding Process

May 24, 8:39 AM

The Federal Trade Commission’s (FTC) investigation concerns potential collusion among baby-formula manufacturers as it examines whether companies like Abbott…

ABT

1 minute read

Quanta Services Authorizes New $500M Share Buyback Program

By Lekha Gupta

May 24, 8:28 AM

Quanta Services, Inc (NYSE:PWR) disclosed a new share repurchase program and declared a quarterly dividend. PWR authorized a new stock…

PWR

1 minute read

Why Agilent Shares Are Tumbling Today

By Lekha Gupta

May 24, 5:29 AM

Agilent Technologies Inc (NYSE:A) reported a Q2 FY23 revenues increase of 6.8% Y/Y (+9.5% Y/Y on a core basis)…

2 minute read

Musk’s Tech Forecast: Twitter’s Revival, Space Travel — And AI’s Global Standing

By AJ Fabino

May 23, 5:31 PM

In a conversation filled with musings and insights, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk appeared at The Wall Street Journal's CEO Council in London on Tuesday. Here's what the busy entrepreneur had to say.

$DOGE

1 minute read

Impacts Of OECD’s Global Minimum Tax: Analyst Downgrades Wheaton Precious Metals

By Lekha Gupta

May 23, 3:00 PM

RBC Capital Markets analyst Josh Wolfson downgraded Wheaton Precious Metals Corp (NYSE:WPM) to Sector Perform from Outperform at a decreased price target…

WPM

1 minute read

Dell-NVIDIA Unveil Project Helix, Assisting Enterprises In Creating Trusted Generative AI

By Lekha Gupta

May 23, 2:00 PM

Dell Technologies Inc (NYSE:DELL) announced a collaboration with NVIDIA Corp (NASDAQ:NVDA) to launch Project Helix to assist enterprises in building and…

DELL

1 minute read

Abbott’s Baby Formula Brouhaha: Judge Says No Harm, No Foul in Contamination Controversy

By Vandana Singh

May 23, 12:36 PM

U.S. District Judge Matthew Kennelly in Chicago dismissed claims by parents pursuing only "economic loss" claims related to Abbott Laboratories (NYSE: ABT) Similac and other formulas that they said had a "substantial risk" of bacteria contamination.

ABT

1 minute read

GIPHY To Divorce from Meta: Shutterstock To Buy The Company While Meta Secures Access Rights Content

By Lekha Gupta

May 23, 10:13 AM

Shutterstock Inc (NYSE: SSTK) disclosed the acquisition of GIPHY, Inc. from Meta Platforms, Inc (NASDAQ: META) for $53 million.

Micron Technology Projects China Ban To Curb Revenues

By Lekha Gupta

May 23, 9:17 AM

Micron Technology Inc (NASDAQ: MU) projects the recent China ban on memory chip sales to curb revenues.

2 minute read

No More Bloodshed: Walgreens Makes Peace with Consumers in Theranos Test-Tangle Saga

By Vandana Singh

May 23, 9:17 AM

Walgreens Boots Alliance Inc (NASDAQ: WBA) has reportedly reached a tentative settlement with consumers in Arizona and California who received blood tests from the now-defunct Theranos Inc and alleged that Walgreens Boots was aware of the fraud but turned a blind eye.

WBA