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Home Depot Misses Revenue Estimates, Cuts 2019 Outlook
Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted revenue that missed analysts’ targets. The home...
Coty Buys Majority Stake in Kylie Cosmetics
Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third quarter of fiscal 2020, gives Coty a 51% stake in the...
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The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
U.S. Consumer Prices Rise 0.4% in October
Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other...
Tyson Shares Jump Despite Earnings and Revenue Miss
Shares of Tyson Foods, Inc. (NYSE: TSN) are up over 6% on Tuesday, even after the meat producer reported fourth quarter earnings and sales that fell short of estimates. Tyson...
Gold Slumps Amid Optimistic U.S.-China Trade Matters
Gold was on track for the biggest weekly loss in three years as optimism revolving around U.S. and China trade matters sent markets soaring throughout the week. Since Monday...
Tesla to Start Delivers in China
Tesla Inc (NASDAQ: TSLA) claims it will start delivering its first China-produced Model 3 vehicles to the public on January 7th at an event at its Shanghai plant, according to...
Facebook and Instagram Influencers Can No Longer Promote Vaping
Instagram and its owner Facebook, Inc. (NASDAQ: FB) has banned the promotion of vaping, tobacco, and weapons on its platforms, reports CNBC. The promotion of vaping, tobacco,...
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Simon Property Group to Acquire REIT Taubman Centers
On Monday, Simon Property Group Inc. (NYSE: SPG) announced it has agreed to acquire real-estate investment trust Taubman Centers Inc. (NYSE: TCO) in an all-cash deal valued at USD 3.6 billion. Taubman shares surged 53% early Monday. This year,...
Home Depot Misses Revenue Estimates, Cuts 2019 Outlook
Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted...
Coty Buys Majority Stake in Kylie Cosmetics
Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third...
Ford Announces its First All-Electric SUV
Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November 17 at an event in Los Angeles. The Mustang Mach-E will make its debut in a worldwide...
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Amazon to Host Nationwide Career Day to Fill 30,000 Roles
Amazon.com, Inc. (NASDAQ: AMZN) is hosting a Career Day later this month as the Company seeks to fill 30,000 permanent positions across the U.S. The e-commerce giant said it will host six Career Day events on September 17 located in Arlington,...
U.S. Hiring Slows Down, Unemployment Remains Steady
The U.S. economy gained 130,000 new jobs in August, short of economists’ forecast of 150,000. This increase includes the temporary employment of 25,000 workers hired by the federal government in preparation for the 2020 census. Businesses added...
Lululemon Stock Rises on Strong Second Quarter Results
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) are up nearly 6% Friday morning after the apparel retailer delivered better-than-expected second quarter earnings and sales. The Vancouver-based Company said revenue grew 22% year-over-year to USD...
Binance Labs Leads USD 5.7 Million Series A for Blockchain Maker Dapix
Binance Labs, the venture arm of global cryptocurrency exchange Binance, said on Thursday it led a USD 5.7 Million funding round to launch a new decentralized blockchain protocol, the Foundation of Interwallet Operability’s (FIO). Along with...
U.S. Judge Approves CVS-Aetna Merger
A federal judge on Wednesday formally approved the merger of CVS Health (NYSE: CVS) and U.S. health insurer Aetna, Inc. Judge Richard Leon of the U.S. District Court for the District of Columbia signed off on the near USD 70 Billion deal after...
American Eagle Stock Plummets on Disappointing Same-Store-Sales
Shares of American Eagle Outfitters (NYSE: AEO) took a near 15% dive on Wednesday after the retailer posted disappointing same-store-sales growth due to a slow start to the back-to-school season. The Company said sales lagged during the last two...