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Del Frisco’s acquires Barteca for $325 mln to spice up brand portfolio

After registering downbeat comparable sales and profit at the beginning of the fiscal year, steakhouse restaurant chain Del Frisco's Restaurant…

Market: Stocks to open higher as oil rallies above $70

US futures are pointing to a higher open today after ending higher on Friday, as investors are carrying on the…

Tyson Foods tumbles in pre-market on weak second quarter results

Tyson Foods (TSN) that specializes in chicken products missed earnings and sales estimates in its second quarter sending the shares…

Tariff drags Chinese imports; US govt demands $200 bln cut in trade deficit

Continuing its trade offensive against China, the Trump administration has asked Beijing to further reduce export of Chinese commodities to…

Cognizant posts upbeat revenue in the first quarter

With a 10.3% rise in revenues of $3.91 billion, Cognizant Technology Solutions (CTSH) beat Street estimates in the first quarter…

Former Volkswagen CEO indicted over emissions scandal

The US Justice Department indicted Volkswagen’s former CEO Martin Winterkorn for conspiring with fellow executives to cover up the diesel…

Flipkart deal will pitch Walmart against Amazon in India

Walmart’s (WMT) global expansion plans just received a major boost with the board of India-based e-commerce major Flipkart agreeing to…

Newell starts shedding flab, divests packaging business Waddington

In what could be the beginning of a comprehensive corporate restructuring, consumer products maker Newell Brands (NWL) has decided to…

Elon Musk clarifies on his ‘surreal’ earnings call performance

Two days ago, Tesla Inc. (TSLA) reported a huge quarterly loss, and then CEO Elon Musk went on to do…

Market: Stocks rise after jobs report

US stock market opened lower today as seen from major index futures but turned course to green after a Labor…