Market News
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook…
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares…
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time…
Accenture chief executive Pierre Nanterme resigns on health grounds
Accenture’s (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David…
Archer Daniels Midland buys Florida Chemical from Flotek Industries
Flotek Industries, Inc. (FTK) on Friday announced its plan to sell its unit Florida Chemical Company to Archer Daniels Midland…
Retail stocks hit hard by dismal holiday sales
As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock…
Synnex stock rises on upbeat Q4 results, guidance
Synnex Corp. (SNX) reported a 24.3% jump in earnings for the fourth quarter helped by strong demand in Technology Solutions…
Ford announces major restructuring and job cuts in Europe
If it was GM last year, this year it is Ford. Ford Motor Company (F) is said to be planning…
BoA gives double upgrade as Twitter intensifies fight against spam
For the social media sector, 2018 was a year of great significance, and the most valuable takeaway from the recent…
Will Pier 1 Imports stock fall create an opportunity to buy?
Pier 1 Imports Inc. (PIR) stock has fallen over 82% in the past year and there are just a few…