Shire Bids $30 Billion For Baxalta
Baxalta was split from Baxter International in July 2015. Shire PLC the Dublin-based biopharmaceutical company has made an offer of around $30.6 billion in stock to acquire Baxalta Inc. Baxalta is a rare-disease treatment maker and seller, more specifically focused on bleeding disorders and immune deficiencies. The offer comes just after Baxalta completed More...
Low Oil Prices Are Hurting North American Economy Growth
Crude oil is currently at $47.12. Whilst most people especially drivers, airlines and freight companies are enjoying cheap fuel prices, the oil industry is responding to its much lower profit margins with significant More...
Ford Releases Impressive Quarterly Results
The new Ford F-150. Today Ford announced its best quarter since 2000 with net income jumping 44 percent to $1.9 billion in the second quarter as a result of record North American vehicle sales. The company posted More...
Ryanair Announces Quarterly Profits Rise By 25%
Shares in Ryanair have risen by 74% this year. Ryanair, the low cost Irish airline has announced positive financial results with quarterly profits ring by 25%. The airline along side this news has also stated that More...
Amazon Q2 Earnings Come In Ahead Of Expectations
Jeff Bezos, CEO of Amazon. The US based e-commerce giant, Amazon today released its quarterly earnings statement which were ahead of Wall Street’s expectations. The company reported earnings per share of $0.19, More...
Toshiba CEO And President Resign Over Financial Scandal
Shares in the company have crashed over 20% since April. Toshiba’s chief executive and president, Hisao Tanaka has resigned after the company admitted it has overstated profits for the last six years by 151.8bn More...