Tagged: Company coverage

Peloton posts strong Q1 results

Peloton reportes strong revenues and a profit for the first quarter of its financial year, expecting the trend to continue. Jeremy C. Owens reported the news for MarketWatch: Peloton PTON, +6.77% on Thursday reported...

Walmart scraps robotics plan

Walmart has ended a plan to replace human workers with robots in a bid to automate some tasks at its stores. The Wall Street Journal’s Sara Nassauer reported the news: Walmart Inc. WMT 1.19%...

Bayer buys gene therapy company for $4 bln

Pharma giant Bayer will buy U.S. biotech company Asklepios BioPharmaceutical for $4 billion as it forges deeper into gene therapy. Ludwig Burger reported the news for Reuters: Bayer BAYGn.DE agreed to acquire unlisted U.S....