Business News

Ford's 2017 profit misses Wall Street estimates

Reuters Biz News - 2 hours 55 min ago
(Reuters) - Ford Motor Co on Tuesday reported 2017 preliminary adjusted earnings that missed market estimates, while its 2018 earnings forecast largely fell short of analysts' expectations.
Categories: Business News

Nissan's Infiniti to become predominantly electric brand: CEO

Reuters Biz News - 3 hours 2 min ago
DETROIT (Reuters) - Japanese carmkaker Nissan Motor Co. plans to transform its upscale Infiniti brand into a primarily electrified vehicle offering, Chief Executive Hiroto Saikawa said on Tuesday.
Categories: Business News

Nissan's Infiniti to become predominantly electric brand -CEO

Reuters Company News - 3 hours 6 min ago
DETROIT, Jan 16 (Reuters) - Japanese carmkaker Nissan Motor Co. plans to transform its upscale Infiniti brand into a primarily electrified vehicle offering, Chief Executive Hiroto Saikawa said on Tuesday.
Categories: Business News

BRIEF-Boot Barn Holdings Reports Preliminary Q3 Net Sales of $225 Mln

Reuters Company News - 3 hours 6 min ago
* BOOT BARN HOLDINGS - FOR PRELIMINARY RESULTS FOR Q3 OF FISCAL 2018, NET SALES INCREASED 13% TO $225 MILLION
Categories: Business News

BRIEF-Enterprise Bancorp raises quarterly dividend

Reuters Company News - 3 hours 7 min ago
* ENTERPRISE BANCORP, INC. ANNOUNCES QUARTERLY DIVIDEND INCREASE OF 7.4%
Categories: Business News

BRIEF-Dollar Tree Appoints Stephanie Stahl To Board

Reuters Company News - 3 hours 8 min ago
* DOLLAR TREE APPOINTS STEPHANIE STAHL TO ITS BOARD OF DIRECTORS Source text for Eikon: Further company coverage:
Categories: Business News

BRIEF-Biolase Files For Possible Resale Of Up To 21.9 Mln Shares Of Common Stock By Selling Stockholders

Reuters Company News - 3 hours 8 min ago
* BIOLASE INC FILES FOR POSSIBLE RESALE OF UP TO 21.9 MILLION SHARES OF CO'S COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING Source text - http://bit.ly/2Dj77iX Further company coverage:
Categories: Business News

BRIEF-Renasant Q4 EPS $0.33

Reuters Company News - 3 hours 9 min ago
* Q4 EARNINGS PER SHARE VIEW $0.62 -- THOMSON REUTERS I/B/E/S
Categories: Business News

BRIEF-Genesco Issues Statement In Response To 13D Filing By Legion Partners Asset Management And 4010 Capital

Reuters Company News - 3 hours 9 min ago
* GENESCO INC. ISSUES STATEMENT IN RESPONSE TO 13D FILING BY LEGION PARTNERS ASSET MANAGEMENT AND 4010 CAPITAL
Categories: Business News

BRIEF-Senvest Management Reports 5.03 Pct Passive Stake In Kornit Digital Ltd‍​

Reuters Company News - 3 hours 10 min ago
* SENVEST MANAGEMENT, LLC REPORTS 5.03 PERCENT PASSIVE STAKE IN KORNIT DIGITAL LTD AS OF JANUARY 12, 2018 - SEC FILING‍​ Source text - http://bit.ly/2DEEevg Further company coverage:
Categories: Business News

BRIEF-Mid Penn Bancorp Says On Termination Of Deal Under Some Situations, First Priority May Be Obligated To Pay $3.5 Mln to co

Reuters Company News - 3 hours 10 min ago
* MID PENN BANCORP-ON TERMINATION OF DEAL UNDER SOME SITUATIONS, FIRST PRIORITY MAY BE OBLIGATED TO PAY MID PENN A FEE OF $3.5 MILLION-SEC FILING Source text - http://bit.ly/2FM6qNh Further company coverage:
Categories: Business News

BRIEF-Team ‍Expands Size Of Board From Six To Seven Members​

Reuters Company News - 3 hours 12 min ago
* TEAM INC SAYS ‍EXPANDED SIZE OF BOARD FROM SIX TO SEVEN MEMBERS - SEC FILING​ Source text - http://bit.ly/2rcRUea Further company coverage:
Categories: Business News

Wall St. eases as oil prices, General Electric fall

Reuters Biz News - 3 hours 20 min ago
NEW YORK (Reuters) - Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.
Categories: Business News

Fear the Unknown at General Electric

WSJ Market News - 3 hours 47 min ago
GE’s nasty surprise raises deeper fears about the company and doubts about whether a breakup would preserve value for investors.
Categories: Business News

Wells Fargo loses bid to end Philadelphia predatory lending lawsuit

Reuters Biz News - 3 hours 48 min ago
(Reuters) - A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers.
Categories: Business News

Exclusive: Mexico's Pemex chose Japan's Mitsui to complete Tula coking plant - sources

Reuters Biz News - 3 hours 56 min ago
MEXICO CITY (Reuters) - Mexican state oil company Pemex [PEMX.UL] has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week.
Categories: Business News

GE renews break-up talk after $11 billion insurance, tax hit

Reuters Biz News - 4 hours 15 min ago
(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.
Categories: Business News

Levandowski faces more trade secret allegations—in lawsuit filed by nanny - Fast Company

Google Technology - 5 hours 42 min ago

Levandowski faces more trade secret allegations—in lawsuit filed by nanny
Fast Company
Anthony Levandowski, the former Uber engineer at the center of the company's intellectual property dispute with Alphabet unit Waymo, faces more allegations of trade secret theft in a lawsuit from a woman who says she worked for him as a nanny. Erika ...

and more »
Categories: Business News

Going-Out-of-Business Sales Don't Always Mean Stores Are Closing

WSJ Company News feed - 5 hours 50 min ago
Sometimes liquidation sales can be effective negotiation tools. Of 17 retailers with more than 100 stores each that filed for bankruptcy in 2017, only Limited Stores, Wet Seal, Vanity Shop and Hhgregg closed their entire fleet of stores for good.
Categories: Business News

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

Reuters Biz News - 5 hours 50 min ago
LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.
Categories: Business News

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