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Month: April 2019

Lyft shares crash on second day of trading

Shares of ride-hailing giant Lyft shares took a nose-dive on Monday, its second day of trading, wiping any gains in…

Apple slashes iPhone prices in China to tackle faltering sales

Days after announcing a premium video streaming service, apparently in reaction to the impact of the continuing slowdown in sales…

Feb retail sales dip as consumers cut spending amid slowing economy

In an indication that the US economy is slowing, retail sales declined in February as households reduced their spending on…

OPEC oil output tanks to four-year low

In the month of March, OPEC oil supply fell to four-year lows with Saudi Arabia’s commitment to the Middle East…

Kellogg to sell Keebler cookies and related businesses to Ferrero for $1.3 billion

Kellogg Company (K) reached an agreement to sell its selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream…

Market expects updates on patent lawsuit in Digital Ally’s Q4 conference call

After reporting a decline in revenues and a narrower net loss for the fourth quarter of 2018, Digital Ally (DGLY)…

Cal-Maine Foods announces Q3 earnings, expansion plans

Egg producer Cal-Maine Foods (CALM) posted its third-quarter 2019 earnings before the opening bell on Monday, April 1. Net sales…