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Bed Bath and Beyond Names Mark Tritton as President and CEO
Shares of Bed Bath and Beyond, Inc. (NASDAQ: BBBY) soared as much as 23% in after-hours trading on Wednesday after the Company announced Mark Tritton will become its new President and CEO, succeeding interim CEO Mary A. Winston. Mr. Tritton will...
American Airlines Cuts Boeing 737 Max from Schedule until January
Shares of American Airlines Group, Inc. (NASDAQ: AAL) are up just over 3% on Wednesday after the Company pulled the Boeing 737 Max from its flying schedule until mid-January, the longest delay of any U.S. airline. American said the schedule...
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Ford Announces USD 275 Million Joint Venture with Mumbai-based Mahindra
Ford Motor Company (NYSE: F) on Tuesday said it will shift most of its operations in India to Mahindra & Mahindra Ltd. as part of a joint venture with the Indian carmaker....
NextEra Energy Partners to Acquire Meade Pipeline
NextEra Energy Partners, LP (NYSE: NEP) will acquire Meade Pipeline Co. LLC and its interests in the Central Penn Line in a deal valued at USD 1.37 Billion. The transaction...
Carnival Stock Sinks on Guidance Trim
Carnival Corp. (NYSE: CCL) on Thursday posted third quarter 2019 results that outpaced both revenue and earnings estimates. However, shares are down about 8% on the day after...
Target Shares Surge on Earnings
Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer...
Gold Prices Modestly Gain on Tuesday
Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late...
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Mastercard Announces Fourth-Quarter and Full-Year 2019 Financial Results
Today Mastercard, Inc. (NYSE:MA) announced its fourth-quarter and full-year financial results for 2019 and beat Wall Street estimates. Mastercard shares were up 1% in premarket trading. The Company reported a net income for the fourth-quarter of...
American Airlines Cuts Boeing 737 Max from Schedule until January
Shares of American Airlines Group, Inc. (NASDAQ: AAL) are up just over 3% on Wednesday after the Company pulled the Boeing 737 Max from its flying schedule until mid-January, the longest delay of...
Southwest Airlines Pilots Sue Boeing Over 737 Max Grounding
Southwest Airlines Co. (NYSE: LUV) pilots filed a lawsuit against The Boeing Company (NYSE: BA) on Monday, alleging that the planemaker “deliberately misled” the airline’s labor union about the...
Domino’s Reports Disappointing Earnings and Sales
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) opened nearly 6% lower on Tuesday after the Company posted weaker-than-expected third-quarter earnings and revenue. The fast food chain also trimmed its...
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