Merck & Co. last Thursday officially announced the planned retirement of its CEO, Ken Frazier, at the end of June. He will be succeeded by the current CFO Robert Davis.Once Frazier retires as chie...
Valuation is the terms used to describe the value of a company, stock, or private equity. And this valuation is usually in a dollar value. A company or a stock's valuation is usually done either ...
According to an online source, A Value-at-Risk or VAR is a financial technique that was developed in the late 90s by JPMorgan. JP Morgan analyst used the time to estimate the...
Credit Suisse on Thursday reported a net loss of 353 million Swiss francs ($392.8 million) for the fourth quarter of 2020.The bank’s fourth-quarter report was better-than-expected although it had a ...
The wine and spirits division of luxury group LVMH, Moet Hennessey announced on Monday that it bought 50% stake in Jay-Z’s champagne brand, Armand de Brignac which is nicknamed “Ace of Spades”.T...
Cannabis projects are one of the fastest-growing industries. According to a report from New Frontier Data, U.S pot sales has the potential to triple by 2025 with an annual high turn out of $41.5 b...
Chipmaker Intel announced on Tuesday that it will spend $20 billion on two chip plants projects in Arizona. The new chip factories will be called ‘fabs’ and they will be located in Chandler, Arizo...
LeBron James took to his Instagram to react to the news of the death of former UK men’s basketball player Terrence Clarke who died in a car crash on Thursday. View this post on Instagram ...
Electric-car maker, Telsa Inc. handed over the first 15 Model 3 sedans assembled at its new multibillion-dollar plant near Shanghai (its first outside the U.S.) to company employees at the facility on...
In the last 10 years, only a few stocks have doubled in price and delivered much return on investment like Netflix. The leading streaming company has given its investors positive returns with every ye...