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Kraft Heinz Co (NASDAQ:KHC) Withdraws Offer For Unilever Plc

Kraft Heinz Co (NASDAQ:KHC) has withdrawn its bid to merge with Unilever Plc, in a deal that would have been valued at $143 billion. The announcement came just two days after the deal was announced and has created rumors that Kraft may seek out a new target. As such, the company’s stock has quickly become one of the top Nasdaq stocks, with trade volume that is 10 times higher than average. Had the deal gone through, it would have been one of the largest corporate mergers, in history. The two companies...

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Pfizer Inc. (NYSE:PFE) Announces Top-line Results From Oral Strategy Trial of Xeljanz Compared To Humira

Pfizer Inc. (NYSE:PFE) has released results from the ORAL Strategy.  ORAL Strategy is a Phase 3B/4 research of the XELJANZ® that entails 5mg twice daily used in treating of mild to complicated full-blown rheumatoid arthritis (RA). This is the first attempt to compare a JAK inhibitor as a single therapy or when combined with methotrexate (MTX) against adalimumab (Humira) mixed with MTX in MTX. The study comprises of three comparisons. According to the results, XELJANZ 5mg plus MTX fulfilled the primary...

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Apple Inc. (NASDAQ:AAPL) Could Be Testing New Hardware For In-Home Entertainment

In a move boost its market presence and command a sizable market share in the home-entertainment business, Apple Inc. (NASDAQ:AAPL) is working on a new Apple TV that may be unveiled to the market in the near future. According to reports, Apple is currently developing a fifth generation Apple TV named "J105" according to reports from Bloomberg that quoted people close to the matter. According to the report, the new TV set will deliver more accurate color than previous versions in addition to supporting...

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Intel Corporation (NASDAQ:INTC)’s Battle Of Cyber Security Adversaries With Integrated Solutions

In the recent past, the cyber security industry has been faced with immense threats from cyber criminals.  However, all their cyber vices will not become a thing of the past; thanks to Intel Corporation (NASDAQ:INTC). The company has put its efforts together to bring to the industry updated integrated solutions. There is notable workforce shortage within the cyber security industry. This is perhaps one of the many disconnects that the cyber criminals could be capitalizing on to carry out their...

In Markets

Evoke Pharma Inc (NASDAQ:EVOK) Announces Proposed Public Offering Of Common Stock

Evoke Pharma Inc (NASDAQ:EVOK) plans to sell its shares in a firm commitment underwritten public offering. Evoke Pharma is a pharmaceutical company that mainly specializes in gastrointestinal (GI) diseases treatment. The company, one of the best Nasdaq Stocks says it will roll out a 45-day option to the underwriter to buy an extra 15% of its common stock. Evoke will sell all the shares in the public offering. The proceeds raised from the offering will go towards funding pre-commercialization of the Gimoti,...

In Markets

Intel Corporation (NASDAQ:INTC) Introduces New Processor

Intel Corporation (NASDAQ:INTC), one of the top Nasdaq Stocks in U.S has unveiled the new E7-8894 v4. This is one of the best and greatest Xeon processor and has an MSRP of $8,898. Apart from other specs of the new processor, the most outstanding and probably most important one is the fact that the processor goes for almost $9,000. The process is a professional-grade hardware exclusively designed for companies with servers that carry large amounts of databases. With this innovation, Intel has set the standards...

In Markets

Apple Inc. (NASDAQ:AAPL)’s iPhone Shipments Declines In China

Apple Inc. (NASDAQ:AAPL)’s iPhone shipments in China did decline by double digits in the year 2016. At the same time, the Chinese brands are threatening now more than ever. Though markets such as China and India are at the top of Apple’s agenda is to grow its share in the Chinese market. China takes up as much as a third of the world’s shipment of smartphones. Since buyers in the market prefer the local brands, it would definitely be hard for Apple to dominate the market. Huawei, Oppo, Vivo...

In Markets

Apple Inc. (NASDAQ:AAPL) Apple Pay And Australian Banks May Bargain After All

Major Australian banks that have been seeking bargaining permission from the country’s competition regulator may get the permission even though the permission was refused earlier. The Australian banks, on Monday, decided to ditch all other complaints and focus on gaining access to Apple Inc. (NASDAQ:AAPL)’s contactless payment system. The banks ditched the transaction fees complaint These banks, filed their earlier request last year. In that request, the Apple Pay charges were their main...

In Markets

Intel Corporation (NASDAQ: INTC) Introduces A New Generation Of FPGAs For Industrial And Automotive Applications

Intel Corporation (NASDAQ: INTC) announced a new generation of field programmable arrays (FPGAs) to suit the ever growing needs of Internet of Things (IoT) applications. The new generation of FPGAs will deliver more processing power at a faster speed compared to the previous versions. The applications of these new developments will include the automotive industry, industrial automation and audio visual systems, reports the Business Wire. Importance of FPGAs in IoT applications Tech companies...

In Markets

Apple Inc. (NASDAQ:AAPL) iOS 10.3 Release Enables Integrated Calling For Verizon Customers

Apple Inc. (NASDAQ:AAPL) iOS 10.3 release has come loaded with new features and its own set of problems, but what remains the talk here is its Integrated Calling feature for the Verizon customers. First noted by Mac Rumours, this feature can be found by navigating your way through Settings > Phone > Calls on Other Devices. Once a customer toggles on it, there shall be a whole list of devices on which call can be made. Verizon customers, are therefore, now put on equivalence with the customers...