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Month: October 2018

IPO on cards when Dell moves back to square one

The business fraternity was a bit puzzled when Michael Dell unveiled plans to take his namesake company public once again,…

Honda and General Motors join hands to build a new self-driving vehicle

General Motors (GM) and its subsidiary Cruise reported that they have a formed a partnership with Honda Motors (HMC) to…

Acuity Brands profit tops estimates in Q4

Lighting solutions provider Acuity Brands (AYI) reported a 20% jump in earnings for the fourth quarter, helped by higher sales…

Homebuilding, CalAtlantic merger boost Lennar’s Q3 results

Real estate firm Lennar Corp. (LEN) reported an increase in third-quarter earnings as strong homebuilding operations and contributions from the…

Landec Q1 profit dips 91%, yet tops estimates

Landec Corporation (LNDC) reported a 91% dip in earnings for the first quarter due to higher labor, packaging and freight…

JCPenney appoints Jill Soltau as CEO

JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more…

Harley Davidson is coming to you

Earlier, if you wanted a Harley Davidson bike or its branded apparel, you went to a dealer. Now it appears…

Renault unveils cheaper all-electric crossover

French automaker Renault has unveiled a new and cheaper all-electric crossover, the Renault K-ZE, as well as three autonomous electric…

Full list of IPOs that happened in September 2018

The US IPO market saw 25 newcomers in September 2018, raising a combined capital of around $6.4 billion. Amidst the…

Lamb Weston beats Q1 revenue and profit estimates

Lamb Weston Holdings Inc. (LW) topped market estimates on revenues and earnings for the first quarter of 2019. The stock…