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Kansas City Southern reports strong first quarter 2018 results
Kansas City Southern (KSU) reported a 5% jump in revenues for the first quarter of 2018 to $639...
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Barclays CEO gets to keep job after whistle-blower scandal
Barclays’ CEO James E. Staley has been awarded a fine for his attempts to find the identity of...
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Honeywell lifts 2018 outlook after upbeat Q1
Industrial conglomerate Honeywell International Inc. (HON) reported better-than-expected first-quarter results, backed by exceptional sales performance across its segments....
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Mattel chief steps down amidst challenges
Margaret Georgiadis, CEO of Mattel (MAT) — the troubled toymaker mostly known for the iconic Barbie dolls —...
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Skechers Q1 earnings up 25%; shares plummet on downbeat outlook
Footwear maker Skechers USA (SKX) Thursday said its first-quarter profit jumped sharply helped by record revenue growth. The...
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New day, new bankruptcy: Bon-Ton bids goodbye
The state of the retail sector and the increasing bankruptcies of popular retailers have been discussed at length...
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Shire rejects Takeda’s $60-billion takeover offer
Irish drugmaker Shire (SHPG) has been in the limelight ever since the Japanese giant Takeda made an acquisition...
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More heads roll as Nike revisits workplace culture
More than a decade ago, operations management at Nike (NKE) was thrown into turmoil when the company tweaked...
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Qualcomm opts for mass layoffs as part of cost-cutting plan
Chipmaker Qualcomm (QCOM), which is trapped in the middle of the trade war between China and the US,...
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General Electric finds itself at the center of the Southwest Airlines fatality
Wednesday’s Southwest Airlines (LUV) incident is arguably the first mid-air miracle since the one on the Hudson. However,...
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Expenses weigh on Procter & Gamble earnings in Q3
Consumer goods company Procter & Gamble Co. (PG) reported a 1% decline in third-quarter earnings due to increase...
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Earnings jump 40% for KeyCorp as stock rallies to level losses
Bank holding company KeyCorp (KEY) reported an increase in first-quarter earnings, aided by the higher interest rates and...