Month: August 2018
Netflix finance chief David Wells resigns
Netflix (NFLX) announced the resignation of David Wells as Chief Financial Officer, the post which he held for eight years.…
Lee, Wrangler brands to be spun off as a public company
As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin…
Earnings Preview: Agilent likely to exceed consensus in Q3
Agilent Technologies (A) is scheduled to report third-quarter earnings on Tuesday after the market close. The CrossLab Group will remain…
More assets on sale as General Electric sets out to grow by shrinking
The pace at which General Electric (GE) has been trimming assets gives the impression that its goal of getting back…
Hulu and Fox: What lies ahead as they enter the Disney family?
Walt Disney (DIS) reported its third quarter results last week and although the company posted increases in all its metrics,…
Amazon to open health clinics for Seattle employees
In a move aimed at reducing healthcare costs, Amazon (AMZN) is reportedly preparing to bring in-house employee healthcare service with…
Ex-employees slam Nike for harassment, file class-action suit
At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages, one company…
A private Tesla could be more efficient than a public one
CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to do it…
Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure…