Market News
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,…
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.…
Lee, Wrangler brands to be spun off as a public company
As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin…
Earnings Preview: Agilent likely to exceed consensus in Q3
Agilent Technologies (A) is scheduled to report third-quarter earnings on Tuesday after the market close. The CrossLab Group will remain…