Twitter, Inc. (NYSE:TWTR) slightly down in previous trading session as less than a week following declared his resignation as chief executive officer of Twitter, Dick Costolo took to the stage at the Bloomberg Technology Conference in San Francisco to discuss his departure. On July 1, Jack Dorsey, a Twitter co-founder and […]

CEO of International Business Machines Corporation (NYSE:IBM), Ginni Rometty and her counterpart at General Motors Co., Mary Barra, are slated to attend Allen & Co.’s annual Sun Valley Conference, underscoring a growing number of female as well as non-media attendees. Other women invitees who weren’t on previous year’s list comprises […]

Altria Group Inc. (NYSE:MO) dropped in previous trading session as it reaffirmed the firm’s outlook for 2015 full-year adjusted EPS to be in the range of $2.75 to $2.80, representing a growth rate of 7% to 9% from an adjusted EPS base of $2.57 in 2014. The adjusted EPS outlook excludes […]

One of the largest chain of drive-in restaurants in the US, Sonic Corp. (NASDAQ:SONC) released that an increase in profit for the Q3 driven mainly by strong similar-store sales and margins. Earnings for the quarter were in line by means of estimates, while revenues trumped Wall Street anticipations. On the other […]

BlackBerry Limited (NASDAQ:BBRY) and Cisco (CSCO) reported that they have signed into a long-term patent cross-licensing contract covering their respective products as well as technologies. As division of the cross-licensing contract, BlackBerry will get a license fee from Cisco. Specific terms of the deal are confidential.  Vice President of Intellectual Property […]

Verizon Communications Inc. (NYSE:VZ) declared that successful completion of its tender offer to buy all outstanding shares of AOL Inc for $50 per share in cash. The tender proposal expired on June 22, 2015. Verizon subsequently completed the purchases of the remaining entitled AOL shares not purchased in the tender offer […]