Apple Will Update Its MacBook Lineup In Response To Microsoft’s New Products

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Microsoft Corporation MSFT announced in early May a new lineup of Surface laptops that will start selling at $999. The sleek-looking laptop boasts advanced features, but the company’s biggest hardware rival, Apple Inc. AAPL, has responded in kind. According to a Bloomberg report, Apple will release three new laptops of its own. The publication, citing […]

Target Smashes Q1 Estimates, Shares Rip Higher

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Target Corporation TGT‘s first-quarter earnings report came in higher than expected, which prompted an 8 percent surge in the stock Wednesday morning. Target, the second-largest discount retailer in the U.S., earned $1.21 per share in the first quarter on revenue of $16.02 billion; Analysts were expecting the company to earn $0.91 per share on revenue […]

Wall Street’s M&A Chatter From May 15: Thermo Fisher-Patheon, La Quinta, China Automotive Systems

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, May 15, 2017. Thermo Fisher to Acquire Patheon for $35/Share Cash The Deal: Thermo Fisher Scientific Inc. TMO and Patheon N.V. PTHN announced that their boards of directors have approved Thermo Fisher’s acquisition of Patheon via a tender offer for […]