General Electric’s (GE) business arm — GE Capital — to divest its Energy Financial Services Project Finance Debt Business to Starwood, in line with the portfolio-restructuring efforts of the former. …read more […]
Mercedes-Benz sports utility vehicles built in Tuscaloosa, Alabama, are being checked for potential problems by Shanghai customs authorities, Daimler confirmed on Thursday, as a trade dispute between the United States and China heats up.
The Nasdaq inched toward a record on the back of high-flying technology trio of Apple, Amazon and Microsoft, while gains in the Dow and the S&P 500 were limited as energy shares fell.
When Altria Group Inc (NYSE:MO) announced its most recent earnings (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of its industryRead More… …read more […]
Samsung Electronics Co Ltd launched the Galaxy Note 9 “phablet” in New York on Thursday, promising better battery life and quick cooling to attract gamers and rejuvenate flagging sales.
Samsung’s Galaxy Note 9 is here and it packs a huge battery and new AI features. …read more […]
Viacom Inc’s quarterly profit beat analysts’ estimates and the media company forecast a strong current quarter, boosted by the success of its movie “Mission: Impossible – Fallout”.
Berkshire Hathaway, Inc. ( BRK.A , BRK.B ) has more than $100 billion in cash cash on its balance sheet at the moment, and Morgan Stanley analyst Kai Pan says Berkshire CEO Warren Buffett may be eyeing … …read more […]
Perrigo Co Plc said on Thursday it would separate its generics prescription business, which has been a drag on results, to focus on consumer healthcare following a strategic review, sending the drugmaker’s shares down about 8 percent.
The Dow and the S&P 500 were little changed, while the Nasdaq was firmly higher, propped up by the high-flying technology trio of Apple, Amazon and Microsoft.
On a per-share basis, the Latham, New York-based company said it had a loss of 12 cents. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment … …read more […]
Tribune Media Co said on Thursday it had terminated a $3.9 billion deal to be acquired by Sinclair Broadcast Group and was suing Sinclair for breach of contract, after regulators objected to the acquisition that was supported by U.S. President Donald Trump.
The energy holding company benefitted from expansion projects at its largest MLP. …read more […]
J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies ‘R’ Us’, taking advantage of the recent collapse of parent Toys ‘R’ Us.
U.S. stocks opened flat on Thursday as gains in the high-growth technology sector were offset by a drag in shares of big U.S. lenders.
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