Chipotle falls on report Ohio location closed after custo…
CNBC’s Seema Mody reports. …read more […]
CNBC’s Seema Mody reports. …read more […]
On a down day for Wall Street, these stocks suffered outsize drops. …read more […]
GE’s multibillion-dollar digital business, which includes its Predix software system and applications, has been struggling with technical issues and weakening sales. GE has been seeking partners to invest in GE Digital as it narrowed the target markets for the division and abandoned plans to build a cloud platform, instead partnering with Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) clouds. Faced with cash constraints and falling profits at its large power business, GE chose to reduce investment in the digital unit and focus on partnerships. …read more […]
The Snapchat parent fell for the second day in a row, on a broader selloff in growth and tech stocks. …read more […]
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of possible iPhone dummy models leaking. 2018 iPhone: Two dummy models for iPhone devices have shown up in photos, reports AppleInsider. One thing to note about these dummy models is the single camera on the rear of the 6.1-inch device. …read more […]
The Chinese dot-com pioneer trades at its lowest level since the springtime of 2007 after another disappointing financial report. …read more […]
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Under Armour’s (UAA) second quarter financial results and dives into the sportswear firm’s future as it spends millions to revamp its business. …read more […]
Shares of Tesla (TSLA) sunk Monday on the back of a UBS analyst note that said the electric car company’s stock price could fall by more than 30% over the next 12 months as it is forced to seek outside funding. …read more […]
The shale giant expects to announce results after markets close on Tuesday. …read more […]
AbbVie’s downward spiral is unwarranted. Here’s why. …read more […]
Twitter Inc (NYSE: TWTR ) stock continued to fall, dropping 5.7 percent on Monday on the heels of a huge 20.5 percent loss on Friday. But some Wall Street analysts are taking a more bullish view of TWTR … …read more […]
Contracts to buy previously owned homes unexpectedly rose in June after two straight monthly declines, but the housing market remains hobbled by a dearth of properties available for sale. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 0.9 percent to a reading of 106.9. Pending home sales fell 2.5 percent in June from a year ago. …read more […]
Paul Manafort, President Donald Trump’s onetime campaign chairman, earned more than $60 million as a political consultant in Ukraine, U.S. Special Counsel Robert Mueller said on the eve of his criminal trial, providing the first tally of Manafort’s income there. Prosecutors intend to prove that Manafort made that much and “failed to report a significant percentage of it on his tax returns,” according to a filing by Mueller on Monday in federal court in Alexandria, Virginia. Jury selection begins Tuesday in Manafort’s bank- and tax-fraud trial. …read more […]
The allegations come as Moonves is embroiled in a legal battle over control of CBS with the company’s largest shareholder, National Amusements Inc, owned by Shari Redstone and her father Sumner, who also control media company Viacom Inc. CBS said on Friday it would investigate accusations against Moonves, 68, made by six women in a New Yorker magazine article featuring several instances of alleged sexual harassment spanning 1985 to 2006. …read more […]
Square’s (SQ) expanding financial services portfolio is likely to benefit its GPV in the second quarter. …read more […]
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