Month: November 2018
SurveyMonkey’s loss widens while revenue jumps in Q3
SurveyMonkey, the parent company of SVMK Inc (SVMK) reported its first quarterly results after becoming a public company. For the…
Starbucks shows the door to its 350 Seattle employees
Starbucks (SBUX) plans to axe its 5% of corporate employees, which includes some senior executives. This layoff would impact around…
Tilray stock falls after Q3 loss widens despite revenue growth
Tilray, Inc. (TLRY) reported a net loss for the third quarter, hurt by higher operating costs. Analysts had forecast a wider…
Kellogg considers sale of Keebler, Famous Amos and other brands
The Kellogg Company (K) is reportedly exploring the sale of its cookies and fruit snacks divisions in order to focus…
Johnson Controls stock jumps on $13.2-billion divestment
Johnson Controls International Plc (JCI) saw its stock jump on Nov 14 after it announced it would sell its car…
GE’s stock soars on plan to sell $4 billion stake in Baker Hughes
General Electric Co.’s (GE) shares soared in afternoon trade on Tuesday after the company announced plans to sell a portion…
Talent acquisition, accessibility key benefits when Amazon moves into dual HQ2
One of the famous quotes by Amazon (AMZN) chief Jeff Bezos goes like this: What’s dangerous is not to evolve.…
Boeing delivers more aircraft in October, but stock slips
Boeing Co (BA) announced that in October, the aircraft maker delivered 43 737 single-aisle aircraft. The growing jet market fueled…
Softbank pours another $3 billion into WeWork
New York-based WeWork said it will receive $3 billion in funding, in yet another investment from its already biggest financier…
Vodafone rises on cost-cutting steps and unchanged dividend despite posting a loss
British telecom major Vodafone Group (Nasdaq: VOD, LSE: VOD.L) reported a loss of EUR7.8 billion for the six months ended…