
Lowe’s Plans $400 Million Shutdown of All Orchard Supply Stores
Closing the 99 Orchard stores could help Lowe’s stock. …read more […]
Closing the 99 Orchard stores could help Lowe’s stock. …read more […]
Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday.
Shares of the home-improvement retailer gained on a better-than-expected earnings report. …read more […]
Amazon.com Inc said on Wednesday it will start selling sportswear and clothing on its Brazilian site, bolstering the list of products that third party vendors offer on its local e-commerce marketplace.
Benchmark U.S. government debt yields slid to six-week lows on a flight to safety bid and the dollar weakened further on Wednesday as investors assess how a conviction and a guilty plea of two former advisers impact U.S. President Donald Trump.
The S&P 500 marked its longest bull-market run with slight gains on Wednesday, although caution prevailed ahead of trade talks, the Federal Reserve’s minutes and the threat to President Donald Trump’s position due to the legal woes of two ex-advisers.
Apple is set to win unconditional EU antitrust approval for its planned acquisition of British music discovery app Shazam, two people familiar with the matter said on Wednesday.
Goldman Sachs said on Wednesday it had sold its new European headquarters in London to South Korea’s National Pension Service for 1.17 billion pounds ($1.49 billion).
Shares of Netflix (NFLX) added as much as 2% in early morning trading Wednesday as the stock looks to continue rebounding from an extended downturn. Today’s gains appear to be at least partially inspired by a positive analyst note. …read more […]
Facebook has identified new influence operations that will span the globe …read more […]
EU antitrust regulators are set to approve Apple’s bid for British music discovery app Shazam without demanding concessions, two people familiar with the matter said on Wednesday.
WASHINGTON (AP) — U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market shows signs of cooling. …read more […]
Lowe’s Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a company that has trailed bigger rival Home Depot for years.
Fiat Chrysler (FCA) is pressing ahead with the spin- off of its parts maker Magneti Marelli, a spokesman confirmed in Wednesday after reports investment firm KKR was in talks to acquire the unit.
The Minneapolis-based retailer also raised its annual profit forecast and said its quarterly performance was driven by demand for home products, toys and electronics as well as a rebound in seasonal merchandise sales after cold weather in the first quarter hurt demand. Chief Executive Officer Brian Cornell said the jump in customer traffic during the second quarter was unprecedented. The retailer recorded market share gains across most categories, he added. …read more […]
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