Sharon Wrobel

About the Author Sharon Wrobel


Trump Clinches Respirator Mask Deal With 3M

The Trump administration and 3M (MMM), the U.S.

Exxon Mobil Slashes Capital Spending by 30% to Combat Oil Price Collapse  

Exxon Mobil Corp (XOM) on Tuesday announced it will cut planned capital spending by 30% this year as the coronavirus pandemic outbreak curtails …

Ceragon Sees Revenue, Deliveries Hit Due to Coronavirus-Induced Lockdowns

Ceragon Networks Ltd. (CRNT) warned that first-quarter revenues would be impacted by delays in the pace of network rollouts and shipments, as many …

Varonis Scraps 2020 Outlook, Reports Preliminary Q1 Revenue Below Estimates Due to Coronavirus Crisis

Data security and analytics provider Varonis Systems (VRNS) scrapped its 2020 outlook due to the coronavirus pandemic, and also released preliminary lower-than-expected first-quarter …

Uber Partners With India’s Flipkart, BigBasket For Essential Grocery Delivery

Uber Technologies (UBER)  has tied up with online grocer Flipkart to provide consumers across Bangalore, Mumbai and Delhi with access to everyday essentials, …

Carnival Shares Get Some Relief After Saudi Fund Buys Stake

Carnival Corp.’s (CCL) shares climbed 21% after Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), on Monday disclosed an 8.

Cisco to Acquire Fluidmesh to Boost Internet of Things Business

Cisco Systems Inc. (CSCO) announced that it plans to acquire technology company Fluidmesh Networks, to meet the growing demand for wireless connectivity on …

GlaxoSmithKline, Vir Biotech Team Up in Hunt For Coronavirus Treatment 

British drugmaker GlaxoSmithKline (GSK) and Vir Biotechnology Inc (VIR) on Monday announced a partnership to develop potential antibody treatments for COVID-19, the disease …

Immunomedics Shares Double as Promising Results Halt Breast Cancer Drug Study

Immunomedics Inc’s shares (IMMU) more than doubled after the biotech company said a study of its breast cancer drug was halted early on “compelling evidence …

Michael Kors, Versace Parent Furloughs U.S. Workers, Suspends Share Buyback

Capri Holdings Ltd. (CPRI) on Wednesday announced that it would furlough all of its 7,000 employees in North America and suspend share buybacks …

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