Nike Inc’s long-time chief executive officer, Mark Parker, will step down next year and be replaced by board member and former eBay CEO John Donahoe, who will be tasked with strengthening the sportswear maker’s online strategy.
Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its 737 MAX jets.
Q3 2019 Ameris Bancorp Earnings Call …read more […]
U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group , Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits.
U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group, Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits. The U.S. Attorney’s Office for the Southern District of New York has arrested three members of the international ring and unsealed four separate indictments in recent days. …read more […]
Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles.
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of interest, a move that could further delay the contract-award process.
Roku (ROKU) announced it has acquired ad-management platform Dataxu for $150 million. The move should make the digital streamer even more sticky as its competitors attempt to take share away from the fast-growing company.In this article we’ll look at the terms of the deal and what it could mean for the long-term growth prospects of ROKU.TermsRoku entered into an agreement to acquire Dataxu for $150 million in cash and stock. Roku CEO, Anthony Wood, said the “acquisition of Dataxu will accelerate our ad platform while also helping our content partners monetize their inventory even more effectively.”Dataxu offers marketers the ability …read more […]
NORTH READING, Mass. (AP) _ Teradyne Inc. (TER) on Tuesday reported third-quarter net income of $135.9 million. On a per-share basis, the North Reading, Massachusetts-based company said it had net income of 75 cents. The results beat Wall Street expectations. …read more […]
Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer’s treatment aducanumab, surprising investors and saying data from more patients in two discontinued studies showed the drug reduced the decline of patients suffering from the disease.
A lawyer for New York’s attorney general on Tuesday told a state judge that Exxon Mobil Corp used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major assailed the claims as politically motivated.
Boeing Co on Tuesday replaced the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since the fallout started over two fatal crashes of its 737 MAX.
The pound weakened and stocks on world markets declined on Tuesday after British lawmakers rejected the government’s proposed timetable for passing legislation to ratify its deal to exit the European Union.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing contract because of a possible conflict of interest, the Pentagon said on Tuesday. “Although not legally required to, he (Esper) has removed himself from participating in any decision making… due to his adult son’s employment with one of the original contract applicants,” Chief Pentagon Spokesperson Jonathan Rath Hoffman said in a statement. The JEDI contract is part of a broad modernization of the Pentagon’s information technology systems and has been mired in controversy. …read more […]
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