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Walmart to Test New Healthcare Services for Workers
In an effort to curb healthcare spending, Walmart Inc. (NYSE: WMT) said it is rolling out a pilot program for its U.S. employees beginning January 1. “From choosing a doctor and trying to get in for an appointment, to understanding medical bills,...
Stitch Fix Stock Sinks on Weak Outlook
Shares of Stitch Fix, Inc. (NASDAQ: SFIX) are down about 12% on Wednesday after the Company surpassed fourth quarter earnings expectations, but provided a softer-than-expected first quarter forecast. The online styling service came out with...
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Kraft Heinz Slips as 3G Capital Cuts Stake
Kraft Heinz Company (NASDAQ: KHC) stock fell as much as 3.8% on Tuesday after its second-largest shareholder 3G Capital Partners sold more than 25 million shares in the...
Tens of Thousands of GM Auto Workers Go on Strike
The United Auto Workers union (UAW) went out on strike against General Motors Company (NYSE: GM) Sunday night, marking the first work stoppage in the U.S. auto industry in more...
U.S. Consumer Prices Rise a Slight 0.1% in August
Consumer prices slowed in August, reflecting a sizeable drop in the cost of gasoline and other energy products. The Consumer Price Index (CPI), which measures what Americans...
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...
Alibaba Breaks Singles Day Sales Record
Shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) opened about 5% lower on Monday, even after the company delivered record sales on Singles Day, the...
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Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million
The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to Sunrise Records and Entertainment Ltd. in Canada. The...
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 also includes roughly...
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 the cruise line...
Chewy Shares Fall on Wider-Than-Expected Quarterly Loss
Online pet-products retailer Chewy, Inc. (NYSE: CHWY) delivered better-than-expected revenue for its second quarter of 2019 but missed earnings forecasts, sending shares down as much as 6.6% on...
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