Business

Analysts Update Their Price Target On Finisar Corporation (NASDAQ:FNSR)

Hydrogenics Corp is a Canada-based company that provides hydrogen generation energy storage and hydrogen power modules to its customers and partners around the world. (NYSE:HRS) last announced its quarterly earnings data on Tuesday, August 2nd. Presently, Analysts measured mean EPS forecast of $1.25 for current quarter and thirty days ago mean EPS estimate was at $1.24.

Business

United Kingdom lawmakers press govt for say over Brexit talks with EU

The move caused the pound to bounce back after a torrid week, amid speculation that MPs may be able to soften the government's approach to Brexit, which now seems on course to take Britain out of the single market. Some lawmakers said they would not support triggering Article 50 until the government had set out more about its negotiating position and what kind of future relationship it was seeking with the EU.

Business

'Trendy' caramel-filled M&Ms to hit the shelves come spring

A Mars spokesperson told Business Insider that the company spent a little over two years developing the caramel M&M. Others include crispy (pretzel), smooth (milk and chocolate) and nutty (peanut). The company invested $100 million in its new manufacturing plant in Topeka, Kansas where the candy is being produced. It plans to hire 70 employees to run the operation.

Business

IBM Slips Despite Q3 Earnings Beat; Reiterates Year Profit View

Earnings reaction history tells us that the stock moved down 20 times out of last 27 quarters. Since 2015, IBM has bought more than 25 companies. International Business Machines Corporation (NYSE: IBM ) is worth US$148.78 Billion and has recently risen 0.47% to US$154.45.

Business

PepsiCo announces global target for sugar reduction in soft drinks

PepsiCo India's chairman and CEO D Shivakumar said, "We launched a lower sugar 7UP in Gujarat recently, which replaces the existing formulation". PepsiCo also set goals to reduce the proportion of products with higher levels of saturated fat and sodium as part of a broader set of sustainability targets unveiled Monday.

Business

Crown Resorts employees detained by Chinese authorities

Several Australian media outlets have reported the detentions were for alleged gambling-related offences connected to marketing activities involving Crown Resorts properties. The fallout has been swift. Crown shares fell 11 percent in early trading, reflecting concerns about the Melbourne-based company's ability to continue to attract wealthy Chinese gamblers to its casinos in Australia.


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