McKesson to Buy Rx Savings for $875 Million
On Monday, McKesson Corporation (NYSE:MCK), the Drug distributor, said it would acquire Rx Savings Solutions, private pharma technology company, for up to USD 875 million....
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Wall Street to Fall on Aggressive Rate Hike Worries
On Monday, Wall Street’s main indexes were set for a lower opening, extending declines for a third straight day as investors worried that another massive...
Netflix Upgraded to Outperform as Lower-priced Ad-tier Drive Growth of Subscribers
On Monday, shares of Netflix (NASDAQ:NFLX) are up over 1 per cent in pre-open trading after it was upgraded to Outperform with a USD 325...
Mercedes-Benz to Develop Wind Farm in Northwestern Germany
Mercedes-Benz plans to develop a wind farm in Lower Saxony, the northwestern state of Germany, by 2025. It is expected to produce a hundred megawatts...
Congress to question heads of Major US Banks on Consumer, Social Issues
This week, lawmakers will question the chief executives of JPMorgan (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), and...
Gensol Engineering Hits Roof After Order Book Soars to Rs 531 Crore
Gensol Engineering rose 4.64% to Rs 1606.30 after the company said that in the normal course of business. The company closed orders from various reputed...
Porsche IPO Valuation Target Unveiled, Volkswagen Shares Rose
On Monday, Porsche Automobil Holding SE shares rose in early European trading after Volkswagen AG (ETR: VOWG) targeted a sportscar brand Porsche AG valuation of...
10-Year Treasury Yield Grows to Highest Since 2011
On Monday, the benchmark 10-year US Treasury yields increased to their highest over 11 years as investors prepared for the Federal Reserve’s policy decision this...
Bitcoin Drops Below $19,000 Amid Rate Hike Risk
On Monday, cryptocurrencies dropped to fresh lows on regulatory concerns and as investors worldwide turned hesitant on risky assets with interest rate rises around the...
OYO Seeks to Restart IPO After Growth Resumes
Oyo Hotels, an Indian startup, is reviving plans to go public after cost cuts and a revival in tourism helped it cut losses. The hotel...