[caption id="attachment_13176" align="alignleft" width="200"] Lawrence Culp, new CEO Image Courtesy: GE[/caption] General Electric (GE) appointed Lawrence Culp, Jr., the current board
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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 and changes in management.
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 agreeing to the terms
Tesla and Facebook – Birds of the same feather
Tesla (TSLA) and Facebook (FB) are birds of the same feather. Both have been meddled with controversies and lawsuits and have seen
Boeing bags $9.2 billion contract from the US Air Force
The US Air Force has selected Boeing (BA) for the T-X pilot training program that is valued up to $9.2 billion, in
Hacker on the prowl to ‘view’ FB profiles; 50 million users affected
Facebook (FB) has failed to keep its promise on the security front once again, indicating the efforts being made by the social
Opinion: SEC should tame Elon Musk, not thwart him!
In 1985, when Steve Jobs was shown the door, hardly anyone appreciated the visionary in him. Three decades later, Elon Musk is
BlackBerry recovery gains steam; Q2 earnings beat estimates
The ongoing recovery of BlackBerry (BB), the once-thriving smartphone maker, gained momentum in the second quarter when the technology company reported better-than-expected
Ford drives into e-truck space with F-Vision concept
Posing stiff competition to Tesla (TSLA), carmaker Ford (F) is venturing into the e-truck industry with its autonomous electric truck concept F-Vision.
Carnival Corp sinks on weak Q4 outlook
Carnival Corporation (CCL/CUK) reported a 28% jump in earnings for the third quarter, as streamlined operations offset fuel and currency headwinds. Though
Rite Aid stock climbs after Q2 revenues surpass expectations
Rite Aid Corporation (RAD) met analysts’ expectations on earnings and topped them on revenues for the second quarter of 2019. Shares are
Accenture Q4 earnings beat street view; hikes dividend by 10%
Sustained demand for digital and cloud products pushed up Accenture’s (CAN) revenues in the fourth quarter. As a result, earnings increased exceeded
Bed Bath and Beyond sinks on weak comps, earnings miss
Bed Bath and Beyond (BBBY) once again disappointed investors this week by reporting dismal results for the second quarter, marked by a
Oppenheimer bullish on GoPro after HERO7 launches
GoPro (GPRO) has a new growth strategy and Oppenheimer seems optimistic about it. An analyst at the firm has changed the stock’s
Delta resumes operations after glitch grounds flights
Delta Air Lines (DAL) has suffered a disruption in its domestic flights for over an hour as its computer systems experienced a
Actuant crashes as outlook misses expectations despite results beat
Actuant Corporation (ATU) topped market estimates on sales and earnings for the fourth quarter of 2018. However, the earnings outlook for the
Omnova stock sinks as asset write-downs drag down Q3 earnings
Specialty chemicals firm Omnova Solutions (OMN) reported unimpressive results for the third quarter when revenues were impacted by the devaluation of assets
CarMax gets a lift after Q2 results top expectations
CarMax Inc. (KMX) beat analysts’ expectations on sales and earnings numbers for the second quarter of 2019, lifting the stock by 3%
Nike stock falls on cost concerns, despite Q1 earnings beat
Nike’s (NKE) North America recovery gathered steam in the first quarter when the company’s earnings jumped on strong revenue growth. Meanwhile, the
Insta duo exit: Is the Facebook ship being run too tight?
Facebook (FB) acquired Instagram and WhatsApp from their founders and turned them into its biggest money-spinners. While both platforms have hit the
BMW cuts 2018 guidance on trade war concerns
BMW’s pricing and production are apparently getting hit by the escalating global trade war, and now, the German carmaker is being forced