Health insurer, Cigna Corp. (NYSE:CI) moved up in previous session as on Sunday it refused bigger competitor Anthem Inc (ANTM)’s $54B acquisition offer, stating that the offer is inadequate and not in the best interests of its shareholders. Cigna reported that it was concerned in excess of Anthem’s lack of […]

China Information Technology, Inc. (NASDAQ:CNIT) reported that its Board has received a preliminary, non-binding offer letter from Jianghuai Lin, Chairman and CEO of the company, Zhiqiang Zhao, Director and Chief Operating Officer, Junping Sun, Senior VP and Jinzhu Cai, an individual investor, offering a going-private transaction to purchase all of […]

The Kroger Co. (NYSE:KR) moved up in previous session as its released Q1 net earnings to firm of $619M, or $1.25 a share as compared to $501M or $0.98 per share, previous year. Kroger articulated that the firm’s net earnings during the Q1 of previous year comprise charges related to […]

The Boeing Company (NYSE:BA) reported that it strengthened its position as the aerospace industry’s leader in technology at a highly victorious 2015 Paris Air Show. Customers released that orders and commitments during the week for a total of 331 Boeing airplanes, worth at $50.2B at list prices. Boeing as well […]

The Boeing Company (NYSE:BA) released that Polish charter carrier Enter Air has placed an order for two 737 MAX 8s as well as two Next-Generation 737-800s. The order, valued over $400M at present list prices and previously attributed to an unidentified customer, is the first direct order for Boeing from Enter […]

Comcast Corporation (NASDAQ:CMCSA) released on Friday that demise of its Founder and Chairman Emeritus Ralph Roberts in Philadelphia. He founded Comcast in 1963 with the takeover of a 1,200-subscriber cable system in Tupelo, Mississippi as well as led the firm for over 50 years. Ralph was a born entrepreneur, successful […]