Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown.
Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]
Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]
It’s really great to see that even after a strong run, United Rentals (NYSE:URI) shares have been powering on, with a… …read more […]
D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts’ estimates, as cheaper mortgage rates buoyed demand from buyers, sending shares in the biggest U.S. homebuilder up 3%.
It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]
It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]
German prosecutors on Tuesday filed charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of a breach of fiduciary trust in connection with salary awards to works council members.
Tyson Foods Inc fell short of Wall Street estimates for quarterly sales and profit on Tuesday as a fire at one of its slaughterhouses hit volumes in its beef business, the company’s biggest segment.
U.S. stock index futures were largely flat on Tuesday, as investors turned their focus to a speech by President Donald Trump for clarity on U.S.-China trade relations.
Tyson Foods Inc fell short of Wall Street estimates for quarterly sales on Tuesday, as the No.1 meat processor in the United States was hit by weakness in its beef business, its biggest segment, due to a drop in cattle processing capacity.
Disney+ and Apple TV+ launched in the same month, but that’s about all they have in common. …read more […]
German lighting group Osram has urged its shareholders to back a $5 billion takeover bid from Austria’s AMS after a previous offer at the same price failed last month to win enough backing to proceed.
Long term investing works well, but it doesn’t always work for each individual stock. It hits us in the gut when we… …read more […]
LOS ANGELES (AP) _ Aecom Technology Corp. (ACM) on Tuesday reported a fiscal fourth-quarter loss of $474.2 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for one-time gains and costs, came to 79 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. …read more […]
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