Verizon media chief departing after not getting top job Verizon Communication Inc (VZ.N) media chief Marni Walden confirmed on Tuesday she had decided to leave the telecommunications company next year after it became clear she would not become its next chief executive. Walden, executive vice president and president of global […]
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Business
Wal-Mart sees 40 percent online sales growth next year Wal-Mart Stores Inc (WMT.N) on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc (AMZN.O), boosting shares of world’s biggest brick-and-mortar retailer to the highest in more than two years. […]
Honeywell seeks M&A as it keeps aero spins off two units Honeywell seeks M&A as it keeps aero spins off two units: Honeywell International Inc said Tuesday it will pare its focus to four business lines, including aerospace, and spin off two businesses with $7.5 billion in revenue to help […]
Honeywell spins off units worth $7.5 billion in sales keeps aerospace Honeywell spins off units worth $7.5 billion in sales keeps aerospace, U.S. manufacturer Honeywell International Inc will spin off its home and ADI global distribution business and transportation systems into two independent, publicly-traded companies by the end of 2018, […]
Procter & Gamble foresees proxy war victory Peltz refuses to concede Procter & Gamble foresees proxy war victory Peltz refuses to concede: Procter & Gamble Co (PG.N) said on Tuesday activist hedge fund manager Nelson Peltz lost his fight to win a seat on the company’s board, according to a […]
Peltz’s Procter & Gamble defeat could be more humbling than harmful Peltz’s Procter & Gamble defeat could be more humbling than harmful: Nelson Peltz put his activist hedge fund credentials on the line to win a board seat at Procter & Gamble Co, only to be narrowly defeated, according to […]
AIG sees third-quarter catastrophe losses of about $3 billion AIG sees third-quarter catastrophe losses of about $3 billion:- American International Group Inc (AIG.N) said on Monday it expected to book pre-tax catastrophe losses of about $3 billion in the third quarter mainly related to hurricanes Harvey, Irma and Maria. AIG’s […]
Bill Gross of Janus blames Fed for ‘fake markets’ Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve’s loose monetary policy. “I think we have fake markets,” Gross said at a Janus […]
U.S. content in Mexican autos higher than argued U.S. content in Mexican autos higher than argued:- Mexico’s main automotive industry group said on Monday U.S. content in vehicles made south of the border is far higher than Trump administration officials have argued, as Mexican auto output and exports posted robust […]
Company stock that will influence your investment decision Company stock that will influence your investment decision:- The most active shares in an exchange indicates that these shares are heavily bought and sold in today’s market. They often have a large number of shares outstanding. The rationale behind such high activity […]
