General Electric hits 9-year low amidst divestiture spree
Ever since General Electric (GE) embarked on a mammoth restructuring program last year, its market value has been declining at...
Other Industries
Constellation Brands looks to cannabis for a high, ups stake in Canopy
Wine and beer maker Constellation Brands (STZ) has been expanding its business in a spirited manner in the past few...
Agilent lifts outlook after upbeat Q3 profit
Agilent Technologies (A) reported a 35% jump in earnings for the third quarter as the global pharma and chemical &...
Cola wars get a new fizz as Coca-Cola buys stake in BodyArmor
There is hardly anything that the world’s biggest soft drink makers have not tried to outsmart each other in the...
Canadian Solar shares fall on worse-than-expected Q2 results and lowered outlook
Canadian Solar (CSIQ) shares fell after the company reported the second-quarter earnings and revenue that failed to meet the consensus...
Advance Auto Parts earnings surge 24% in the second quarter
Aftermarket auto parts supplier Advance Auto Parts (AAP) delivered better-than-expected results in second-quarter of 2018, wherein both revenue and earnings...
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...
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...
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...
Plug Power Q2 revenue surges 75%
Hydrogen fuel cell maker Plug Power Inc (PLUG) reported a 75% increase in its second-quarter revenue to $39.9 million, in...
Himax topline misses estimates despite 20% growth
Shares of the fabless semiconductor company, Himax Technologies (HIMX), fell 2% during the pre-market trading after its revenue missed analysts...
Novavax narrows its loss in Q2; stock surges
Novavax (NVAX) reported its second quarter results after the bell with a narrowed net loss on strong revenue jump. The...
Monster Beverage Corp posts upbeat Q2 earnings
Monster Beverage Corporation (MNST) reported a 21% jump in earnings for the second quarter driven by higher net sales from...
Now you will find Gobble meal kits on Walmart site
In a bid to take on rivals Amazon (AMZN) and Blue Apron (APRN) in the meal kits services segment, Walmart...
Mylan reports revenue decline in Q2; Misses earnings expectation
Mylan NV (MYL) missed analyst expectations on revenue and earnings for the second quarter of 2018. The company’s total revenues...
CVS Health swings to loss in Q2
CVS Health (CVS) slipped to a loss in the second quarter from a profit last year, hurt by certain goodwill...