September 19, 2018 10:03 am
Aetna Inc (AET) announced on Tuesday that it had appointed Richard Weiss as its new Market President of Florida. He will be responsible for earnings and losses of the market’s small group, large group, public & labor as well as Medicare businesses. Aetna shares closed higher for a second consecutive trading session in New York […]
Read moreSeptember 19, 2018 7:02 am
Lululemon Athletica Inc (LULU) announced on Tuesday that it had appointed Sun Choe as its new Chief Product Officer. Choe became part of Lululemons team in 2016, assuming the role of Senior Vice President of Global Merchandising. Lululemon shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. It has also been […]
Read moreSeptember 18, 2018 9:43 am
A deadline by October 19th has been set for EU antitrust regulators to rule on the $7.5 billion acquisition of coding website GitHub by Microsoft Corporation (MSFT). A filing on the website of the European Commission revealed yesterday that Microsoft Corp had sought approval of the deal by EU regulatory authorities on September 14th. Microsoft […]
Read moreSeptember 18, 2018 7:20 am
According to a statement by the European Commission on Monday, a deadline by October 19th has been set for EU antitrust regulators to rule on the $71.3 billion bid by Walt Disney for Twenty-First Century Foxs entertainment assets. A filing on the EU competition website showed that Walt Disney had sought approval of the deal […]
Read moreSeptember 17, 2018 8:20 am
Lockheed Martin Corporation (LMT) has been awarded a contract by the US Air Force to manufacture 22 Global Positioning System satellites estimated at about $7.2 billion. The GPS III follow-on satellites will be ready for launch into orbit as early as 2026, the Air Force said. Lockheed Martin shares closed higher for a third consecutive […]
Read moreSeptember 16, 2018 11:45 am
In a statement at an industry conference on Friday, John Shrewsberry, Wells Fargo & Companys (WFC) Chief Financial Officer, said that the groups total expenditures were expected to be reduced by almost $3 billion by the year 2020. Wells Fargo shares closed lower for a fourth consecutive trading session in New York on Friday. The […]
Read moreSeptember 15, 2018 8:51 am
According to an announcement by United Parcel Service Inc (UPS) on Thursday, the company expects its adjusted earnings per share to increase between $1.00 and $1.20 by 2022 as a result of automation and expansion efforts. The entire capital spending project, involving facility automation and expansion, is estimated at $20 billion. United Parcel shares closed […]
Read moreSeptember 14, 2018 8:15 am
According to a statement by the National Highway Traffic Safety Administration, over 1 million sport-utility vehicles and pickup trucks are to be recalled by General Motors Company (GM) in the United States because of an issue related to a temporary loss of power steering. General Motors shares closed higher for a second consecutive trading session […]
Read moreSeptember 13, 2018 9:54 am
FedEx Corporation (FDX) announced on Wednesday that it intended to hire 55 000 temporary workers for the holiday shopping season. That means about 10% more temporary workers compared to 2017, when the package delivery company added approximately 50 000 seasonal jobs. FedEx also said it would raise hours for some of its existing workers for […]
Read moreSeptember 13, 2018 7:39 am
According to an announcement by Macy’s Inc (M) on Wednesday, 80 000 temporary workers will be hired to handle extra client traffic during the busy holiday shopping season, which begins a day after Thanksgiving and goes on into early January. In 2017, the exact number of temporary workers had been hired initially, after which the […]
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