Citi Cards chief Jud Linville steps down amid reorganization
Banking behemoth Citigroup (C) has embarked on a reorganization to ‘harmonize’ its global consumer banking businesses. As part of the...
Advance Auto Parts Q2 earnings to be boosted by recent initiatives
The aftermarket auto parts supplier Advance Auto Parts (AAP) is scheduled to report its second-quarter 2018 earnings on August 14...
Spotify is experimenting with a game-changing ad system
Audio and video advertisements have always been the key revenue-driving factor for most music streaming services. However, Spotify Technology (SPOT)...
Earnings Preview: Home Depot revenue might see a recovery in Q2
The Home Depot Inc. (HD) is scheduled to report second-quarter 2018 earnings results on August 14. For the first quarter,...
Satya Nadella dumps one-third of his Microsoft shares
Last Friday, Microsoft chief Satya Nadella sold about 328,000 shares in the company, representing 30% of common stock he holds,...
Earnings preview: Tapestry set to come out with flying colors once again
The fact that Tapestry (TPR) managed to stay consistent in the highly competitive and crowded retail sector makes the stock...
Bayer loses $14 billion following Monsanto verdict
German pharmaceutical giant Bayer AG saw its stock tank 12% on Monday after its newly acquired US-based business unit Monsanto...
Elliott Management accumulates large stake in Nielsen
Activist hedge fund Elliott Management has accumulated a large ownership stake in the information-measurement giant Nielsen Holdings (NLSN) as it...
Small ad firms choke under pressure from Google, Facebook
The freewheeling market share expansion of internet companies Facebook (FB) and Google (GOOGL, GOOG) often gives the impression that the...
Netflix finance chief David Wells resigns
Netflix (NFLX) announced the resignation of David Wells as Chief Financial Officer, the post which he held for eight years....
Lee, Wrangler brands to be spun off as a public company
As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin...
Jinko Solar posts mixed Q2 results
Jinko Solar Holding Co. Ltd. (JKS) beat market expectations on revenue numbers for the second quarter of 2018 but missed...
Earnings Preview: Agilent likely to exceed consensus in Q3
Agilent Technologies (A) is scheduled to report third-quarter earnings on Tuesday after the market close. The CrossLab Group will remain...
More assets on sale as General Electric sets out to grow by shrinking
The pace at which General Electric (GE) has been trimming assets gives the impression that its goal of getting back...
Hulu and Fox: What lies ahead as they enter the Disney family?
Walt Disney (DIS) reported its third quarter results last week and although the company posted increases in all its metrics,...
Amazon to open health clinics for Seattle employees
In a move aimed at reducing healthcare costs, Amazon (AMZN) is reportedly preparing to bring in-house employee healthcare service with...
Ex-employees slam Nike for harassment, file class-action suit
At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages, one company...
A private Tesla could be more efficient than a public one
CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to do it...
Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure...
Activist investor wants Campbell Soup sale, but who will buy?
Dan Loeb, manager of Third Point hedge fund, along with another shareholder is pushing for the sale of Campbell Soup...
Intel stock drops after downgrade by Goldman Sachs
Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have lost some...