DowDuPont to Transfer Businesses From Materials Science To Specialty Products Unit Following Review

DowDuPont to Transfer Businesses From Materials Science To Specialty Products Unit Following Review

DowDuPont (DWDP) said Tuesday that it will transfer businesses from its materials science division:to its specialty products division following a portfolio review. The businesses to be transferred include Dow’s automotive systems’ adhesives and fluids platforms, building solutions business, water and process solutions business, pharma and food solutions business, and microbial control business as well as DuPont’s performance polymers business. On a forecasted 2017 basis, the businesses that will be realigned […]

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athenahealth Launches Strategic Review

athenahealth Launches Strategic Review

athenahealth gained more than 1% after the company said it is conducting a strategic review of the company’s operational and financial strategy, leadership and governance. It said it has identified approximately $100 million in cost-savings opportunities and will provide additional information regarding details of these strategic initiatives, including plans to significantly increase operating margins, in 2018 by its Q3 earnings reporting date in October. It also plans to create a […]

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Box and Microsoft Expand Partnership

Box and Microsoft Expand Partnership

Box and Microsoft have expanded their partnership offering Box cloud content management with Microsoft’s Azure to enterprise customers. Box will use Azure as a strategic public cloud platform and the companies commit to shared go-to-market investments, including initiatives to co-sell Box with Azure. The partnership will also enable future integration between Azure’s artificial intelligence and machine learning capabilities with Box’s cloud content management platform. The new Box and Azure offering […]

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GNC Q1 Results Top Street Marks

GNC Q1 Results Top Street Marks

GNC Holdings shares were 34% higher in Tuesday’s pre-market session after the specialty retailer reported its financial results for Q1 that topped analyst estimates. Q1 adjusted net profit was $0.37 per share, down from $0.69 per share in the prior year period but still came in higher than the $0.35 per share Street estimate provided by Capital IQ. Revenues were $644.8 million, down from $668.9 million reported for the same […]

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Bond Prices Mixed

Bond Prices Mixed

U.S. Treasury prices pared early gains Wednesday in quiet activity with the 10-year leading but prices are overall little-changed. The market remains cautious as geopolitical risks continue to pop-up and/or escalate. The market is looking with caution to the final auction in the holiday-shortened week, with the $12 billion reopened 30-year results due at 1 p.m. ET. Traders are eyeing equities, the yen and energy markets for minor directional guidance […]

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