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CVS Health tops forecasts, books charge of nearly $4 billion

CVS Health beat Wall Street's second-quarter expectations, helped by a rise in prescriptions, but a nearly $4-billion charge from one of the company's businesses weighed on results......»»

Category: topSource: moneycentralAug 8th, 2018

The Wall Street Journal: Mattel to cut 2,200 jobs after poor earnings; shares drop

Mattel Inc. said it would cut more than 2,200 jobs, or nearly one-quarter of its nonmanufacturing workforce, as the maker of Barbie dolls and other toys grapples with slumping sales and deep losses......»»

Category: topSource: marketwatchJul 25th, 2018

Bank of America Profits Rise 33% - Wall Street Journal

Wall Street JournalBank of America Profits Rise 33%Wall Street JournalBank of America Corp. BAC -0.76% said Monday that second-quarter earnings rose 33%. Quarterly profit at the Charlotte, N.C.-based bank, the second largest in the U.....»»

Category: topSource: googlenewsJul 16th, 2018

Lyft's Valuation Doubles to $15.1 Billion Over One Year in Battle With Uber - Wall Street Journal

Wall Street JournalLyft's Valuation Doubles to $15.1 Billion Over One Year in Battle With UberWall Street JournalRide-hailing firm Lyft Inc. has raised new capi.....»»

Category: topSource: googlenewsJun 27th, 2018

Warren Buffett Offered Uber a $3 Billion Investment, But Talks Fell Apart - Wall Street Journal

euronewsWarren Buffett Offered Uber a $3 Billion Investment, But Talks Fell ApartWall Street JournalWarren Buffett earlier this year offered to invest $3 billion in Ube.....»»

Category: topSource: googlenewsMay 30th, 2018

Hertz and Hain Celestial fall while Citigroup and Fox rise

Stocks that moved substantially or traded heavily Tuesday: Citigroup Inc., up $2.50 to $71 The Wall Street Journal reported that activist investment firm ValueAct Capital bought $1.2 billion in Citigroup stock......»»

Category: topSource: foxnewsMay 8th, 2018

Amgen shares rise after company reports better-than-expected profit, sales

Amgen Inc. shares rose more than 1% late Tuesday after the company reported first-quarter sales and profit above Wall Street expectations and revised its guidance. Amgen said it earned $2.31 billion, or $3.25 a share, in the quarter, compa.....»»

Category: topSource: marketwatchApr 24th, 2018

The Wall Street Journal: Pepsi will buy SodaStream, in extended shift away from sugary drinks

PepsiCo Inc. has agreed to buy home-carbonation company SodaStream International Ltd. for $3.2 billion, the latest move by the cola giant to diversify away from sugary sodas and salty snacks......»»

Category: topSource: marketwatch8 min. ago

The Wall Street Journal: Malaysia says 1MDB fugitive has taken refuge in China

Malaysian officials believe China has been harboring one of the world’s most-wanted financial fugitives, the financier the U.S. Justice Department alleges is at the center of the $4.5 billion theft from a Malaysian development fund......»»

Category: topSource: marketwatchAug 17th, 2018

The Wall Street Journal: Why Lenovo’s surprisingly good quarter may be an aberration

Investors should enjoy the good vibes for Lenovo while they last, for several trends that have worked in its favor this year look set to fade......»»

Category: topSource: marketwatchAug 17th, 2018

The Wall Street Journal: DoorDash valuation more than doubles to $4 billion after latest funding round

DoorDash Inc. on Thursday said it raised $250 million in a round of funding that values the prepared food-delivery startup at $4 billion, more than doubling its valuation for the second time in five months......»»

Category: topSource: marketwatchAug 16th, 2018

Deere & Co"s Q3 Earnings Preview

On Friday, Deere & Co (NYSE: DE) will report its last quarter's earnings. Here is Benzinga's take on the company's release. Earnings and Revenue Wall Street analysts see Deere & Co reporting earnings of $2.75 per share on sales of $9.21 billion. read more.....»»

Category: blogSource: benzingaAug 16th, 2018

Uber"s Second-Quarter Sales Rise 63% With Narrower Loss

A year after joining Uber Technologies, CEO Dara Khosrowshahi is showing signs he can maintain the ride-hailing firm’s rapid pace of revenue growth while reining in some of its substantial losses......»»

Category: smallbizSource: wsjAug 16th, 2018

The Wall Street Journal: Qatar to inject $15 billion into Turkish economy

Qatar pledges Wednesday to inject $15 billion into Turkey’s economy in a show of support for an ally whose currency has declined sharply......»»

Category: topSource: marketwatchAug 15th, 2018

The Wall Street Journal: T. Rowe, Fidelity sold more then 20% of their stakes in Tesla last quarter

Two prominent Wall Street investors pared their holdings in Tesla Inc. before Chief Executive Elon Musk disclosed publicly that he wanted to take the electric-car maker private, according to filings......»»

Category: topSource: marketwatchAug 15th, 2018

The Wall Street Journal: Buffett’s Berkshire Hathaway buys another 12.4 million Apple shares

Warren Buffett’s Berkshire Hathaway Inc. continued to load up on technology giant Apple Inc. in the second quarter......»»

Category: topSource: marketwatchAug 14th, 2018

The Wall Street Journal: Uber drivers take riders the long way—at Uber’s expense

In a modern twist on an age-old practice from the yellow cab industry, many ride-hailing drivers are employing a practice known as longhauling—taking an unnecessarily longer route to a destination in order to drive up a fare......»»

Category: topSource: marketwatchAug 14th, 2018

Home Depot"s second-quarter sales top estimates, shares rise early

Home Depot Inc on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases......»»

Category: topSource: reutersAug 14th, 2018

The Wall Street Journal: Board of Australian pipeline firm ASA Group backs $9.5 billion takeover offer

Australian pipeline operator APA Group’s directors are recommending shareholders accept a 12.98 billion Australian dollar (US$9.47 billion) takeover offer from a consortium led by Hong Kong’s CK Infrastructure Holdings Ltd.....»»

Category: topSource: marketwatchAug 12th, 2018

The Wall Street Journal: China drops U.S. crude oil from its target list of tariffs

As China made good on its threat to impose 25% tariffs on $16 billion worth of U.S. imports, one big-ticket item originally on its hit list was conspicuously missing: crude oil......»»

Category: topSource: marketwatchAug 10th, 2018