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General Electric hits 9-year low amidst divestiture spree
Ever since General Electric (GE) embarked on a mammoth restructuring program last year, its market value has been declining at…
Kroger join hands with China’s Alibaba
In a war to lead in the online supermarket sales, Kroger (KR) sets its footprint in China through its partnership…
Retail stocks to consider ahead of the earnings assault
After Amazon (AMZN) changed the rules of the market, certain retailers bowed down while others evolved, learning from their mistakes…
As lira hits rock bottom, Turkey looks to boycott US electronics
With the dispute with Washington pushing the Turkish lira to its lowest ever, President Tayyip Erdogan announced that the Middle-Eastern…
Harley-Davidson stock falls on Trump backing boycott
Harley-Davidson (HOG) stock opened Monday's regular session lower and remained throughout the day in the negative territory. The shares were…
Earnings preview: Tapestry set to come out with flying colors once again
The fact that Tapestry (TPR) managed to stay consistent in the highly competitive and crowded retail sector makes the stock…
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…
Hulu and Fox: What lies ahead as they enter the Disney family?
Walt Disney (DIS) reported its third quarter results last week and although the company posted increases in all its metrics,…
Ex-employees slam Nike for harassment, file class-action suit
At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages, one company…
A private Tesla could be more efficient than a public one
CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to do it…
Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure…
Intel stock drops after downgrade by Goldman Sachs
Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have lost some…
Microchip Q1 earnings beat street view; stock falls on weak guidance
Revenues of semiconductor firm Microchip Technology (MCHP) rose sharply in the first quarter aided by strong demand for its flagship…
The first holographic smartphone is getting delayed
According to the latest reports, the most eagerly awaited Google (GOOGL) Android offering of the year, the Red Hydrogen One,…
Tribune-Sinclair merger falls flat amid regulatory intervention
An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after…
Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand
On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of…