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Citi Cards chief Jud Linville steps down amid reorganization

Banking behemoth Citigroup (C) has embarked on a reorganization to ‘harmonize’ its global consumer banking businesses. As part of the…

Advance Auto Parts Q2 earnings to be boosted by recent initiatives

The aftermarket auto parts supplier Advance Auto Parts (AAP) is scheduled to report its second-quarter 2018 earnings on August 14…

Spotify is experimenting with a game-changing ad system

Audio and video advertisements have always been the key revenue-driving factor for most music streaming services. However, Spotify Technology (SPOT)…

Earnings Preview: Home Depot revenue might see a recovery in Q2

The Home Depot Inc. (HD) is scheduled to report second-quarter 2018 earnings results on August 14. For the first quarter,…

Satya Nadella dumps one-third of his Microsoft shares

Last Friday, Microsoft chief Satya Nadella sold about 328,000 shares in the company, representing 30% of common stock he holds,…

Earnings preview: Tapestry set to come out with flying colors once again

The fact that Tapestry (TPR) managed to stay consistent in the highly competitive and crowded retail sector makes the stock…

Bayer loses $14 billion following Monsanto verdict

German pharmaceutical giant Bayer AG saw its stock tank 12% on Monday after its newly acquired US-based business unit Monsanto…

Elliott Management accumulates large stake in Nielsen

Activist hedge fund Elliott Management has accumulated a large ownership stake in the information-measurement giant Nielsen Holdings (NLSN) as it…

Small ad firms choke under pressure from Google, Facebook

The freewheeling market share expansion of internet companies Facebook (FB) and Google (GOOGL, GOOG) often gives the impression that the…

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.…