Consumer
Dominion Energy adds SCANA Corp into its domain
SCANA Corp on Wednesday completed its assimilation into Dominion Energy (D), with the proposed merger bringing together consumers from Georgia,…
Cambrex Corp. completes acquisition of Avista Pharma solutions
Life sciences company Cambrex Corp. (CBM) Wednesday completed its previously announced acquisition of Avista Pharma Solutions, a biotech firm engaged…
Netflix poaches Activision CFO Spencer Neumann, stock falls on weak outlook
Shares of Netflix (NFLX) and Activision Blizzard (ATVI) dropped Wednesday amidst reports that the latter terminated its chief financial officer…
Tesla reports Q4 production and deliveries, reduces price in US
Tesla (TSLA) reported production and delivery numbers for the fourth quarter of 2018. The automaker produced 86,555 vehicles and delivered 90,700…
Resolute closes $300-million sale to boost financial flexibility
Resolute Forest Products (RFP) announced that it completed the $300-million sale of the Catawba, South Carolina, paper and pulp mill…
Tesla gains after bullish outlook by Wedbush analyst
Tesla Inc. (TSLA) received a bullish projection from Wedbush Securities analyst Daniel Ives who said in a note that demand…
Tesla to pay tax credit amount to customers if it fails to deliver the ordered cars
Elon Musk tweeted on Saturday that Tesla (TSLA) will deliver all mid range Model 3 cars by December end although…
2019 looks to be a challenging year for automobile manufacturers
It was a mixed bag for the automotive industry so far this year, with the record high sales witnessed in…
Ford is recalling over 870,000 pickup trucks
Concerned over fire risks at its engine block heaters, Ford (F) on Friday recalled about 874,000 pickup trucks sold in…
Cintas tops Q2 estimates, stock surges
Cintas (CTAS) reported its second quarter 2019 earnings results, which surpassed analysts' estimates. The business service provider's EPS excluding certain items…
Carnival stock falls on weak Q4 results, guidance
Carnival Corporation (CCL/CUK) reported a 10% decline in earnings for the fourth quarter, as fuel, payroll and currency headwinds offset…
Conagra Brands falls despite beating Q2 earnings, misses on sales
Conagra Brands (CAG) reported second quarter 2019 results and fell more than 5% during the extended trading hours, hurt by…
New dawn for urban transport as Elon Musk unveils first underground tunnel
Putting an end to speculations, the futuristic transportation tunnel envisaged by Tesla (TSLA) CEO Elon Musk was opened in Los…
General Mills Q2 2019 earnings preview: profit touted to slide
Cheerios-maker General Mills (GIS) is expected to post its second-quarter earnings on Wednesday, Dec. 19 before the opening bell. The…
Delta Air Lines stock falls despite 2019 initial guidance
Delta Air Lines (DAL) stock fell over 4% just an hour of market close on Thursday as investors were unsatisfied…
A look at some of SoftBank’s major investments
SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up…
P&G expands beauty portfolio with acquisition of Walker & Co.
In a move aimed at better serving African-Americans, Procter & Gamble (PG) has acquired Walker & Co., a Silicon Valley…
Farfetch (NYSE: FTCH) buys sneaker marketplace Stadium Goods
Online luxury fashion platform Farfetch Limited (FTCH) announced that it acquired sneaker marketplace Stadium Goods for a deal valued at…
New Age Beverages (NBEV) stock soars as the House passes 2018 Farm Bill
Following the passing of the US 2018 Farm Bill by the Senate on Tuesday and by the House on Wednesday,…
Fred’s stock plunges 10% after Q3 results miss estimates
Fred’s Inc.’s (FRED) shares plummeted over 10% in premarket hours on Thursday after the company missed market estimates on both…