September 17, 2020
“Shares of Kraft Heinz were up 1% in afternoon trading after the company presented its long-term turnaround plan to investors. As its blueprint is implemented, the company is projecting long-term organic sales growth of 1% to 2% and adjusted earnings per… Continue Reading…
September 10, 2020
“Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held discussions about investing in the… Continue Reading…
August 28, 2020
“TikTok is nearing a deal to sell its U.S. operations and could announce a deal in the coming days, according to people familiar with the matter. Kevin Mayer, TikTok’s CEO, announced his resignation Thursday after news of the announcement leaked… Continue Reading…
July 21, 2020
“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…
February 4, 2020
“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…
February 3, 2020
“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better. “In a worst-case scenario, global equities could fall by as much as… Continue Reading…
January 31, 2020
“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…
October 24, 2019
“Twitter Inc. shares were tanking in premarket trading Thursday after bugs in the company’s advertising platform led to misses across the board on its financial metrics, even as user growth proved more rapid than expected. The stock was off nearly… Continue Reading…
September 20, 2019
“NanoViricides, Inc. (NYSE.: NNVC) (the “Company”), announced today that its Board of Directors has approved a 1-for-20 reverse split of all of the Company’s capital stock, including its common stock, which will be effective after the market closes on September 23,… Continue Reading…
April 12, 2019
“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…
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