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Acuity Brands profit tops estimates in Q4
Lighting solutions provider Acuity Brands (AYI) reported a 20% jump in earnings for the fourth quarter, helped by...
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Homebuilding, CalAtlantic merger boost Lennar’s Q3 results
Real estate firm Lennar Corp. (LEN) reported an increase in third-quarter earnings as strong homebuilding operations and contributions...
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Landec Q1 profit dips 91%, yet tops estimates
Landec Corporation (LNDC) reported a 91% dip in earnings for the first quarter due to higher labor, packaging...
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JCPenney appoints Jill Soltau as CEO
JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes...
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Renault unveils cheaper all-electric crossover
French automaker Renault has unveiled a new and cheaper all-electric crossover, the Renault K-ZE, as well as three...
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Paychex results beat estimates in Q1
Payroll services company Paychex (PAYX) reported better-than-expected results during the first quarter, helped by solid growth in human...
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Pfizer’s long-time CEO Ian Read to hand over reins to Albert Bourla
There were announcements from two giant companies in different sectors about the change in their CEOs Monday morning;...
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Facebook faces a fine of $1.63 billion for recent security breach
Facebook (FB) faces the possibility of a $1.63-billion fine in the European Union over its most recent security...
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John Flannery steps down as GE names new CEO and Chairman
General Electric (GE) appointed Lawrence Culp, Jr., the current board member of GE, as its new Chairman...
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Tesla soars amid SEC settlement and production optimism
Tesla Inc. (TSLA) seems to be recovering fast from its Friday fall after the settlement with the SEC...
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Companies reporting earnings this week: Oct 1-5
A few major companies are reporting earnings this week. HR and payroll services provider Paychex Inc. (PAYX)...
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Musk finally concedes defeat, will step down as Tesla Chairman
Elon Musk has taken the U-turn and has given up his position as Chairman of Tesla (TSLA) after...