AT&T Inc on Thursday asked a federal appeals court to reject the Justice Department’s challenge to its acquisition of Time Warner, saying the government had offered no basis for second guessing key conclusions of a ruling upholding the transaction.
Carmaker Opel, a unit of France’s PSA Group , is planning to further scale back production at its Ruesselsheim plant, a local newspaper group reported on Friday.
Amazon.com Inc on Thursday introduced new Echo devices with more powerful audio in a bid to stay ahead of rivals Apple Inc and Alphabet Inc’s Google in the nascent category for voice-controlled gadgets.
The Dow Industrial Average was the last among Wall Street’s main indexes to regain record territory on Thursday, as investor concerns over U.S.-China trade spat cleared away and focus shifted to the strength of the economy.
General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an “oxidation issue” and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lower.
Alphabet Inc’s Google defended how it polices third-party add-ons for Gmail in a letter to U.S. senators made public on Thursday, saying that upfront review catches the “majority” of bad actors.
Eli Lilly unit Elanco Animal Health Inc’s shares jumped as much as 41 percent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing pet healthcare market.
Alphabet Inc’s Google told U.S. senators that the company continues to allow developers to scan and share data from Gmail accounts, according to a letter made public Thursday.
Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome, it said on Thursday.
The performance of Nvidia’s new GeForce RTX series have been disappointing, Morgan Stanley says. Software supporting the expensive new graphics cards is still limited, and the new product cycle could show a slower growth in adoption compared to its previous cycle, analysts said. Nvidia’s new graphic-card performance is disappointing, and it could be some time before the cards drive growth for the company’s gaming business, Morgan Stanley says. …read more […]
Tilray Inc, (NASDAQ: TLRY) “Global Cannabis Player” Interview with CEO Brendan Kennedy Kennedy, discusses the medical cannabis market and expectation that more countries will be legalizing cannabis for recreational use over next 12-24 months.
The utility is the latest energy company to take its master limited partnership private after a government policy change cut into its cash flow. …read more […]
The S&P 500’s three-company telecommunications services index is about to be folded into a much higher-profile group, but a brighter spotlight may not be enough to boost the stocks as investors continue to favor growth sectors.
The Dow and the S&P 500 hit record highs on Thursday, clearing away investors’ immediate concerns over trade at the start of this week and leaving Wall Street free to return to a rally that now dates back a decade.
Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome, it said on Thursday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
