Credit ratings agency Fitch voiced concerns on Thursday that TV Azteca’s legal battle with American Tower Corp was “not positive or favorable” for the Mexican broadcaster’s credit profile, two days after Reuters reported the lawsuit.
Billionaire investor Daniel Loeb and fellow Campbell Soup Co shareholder George Strawbridge on Thursday called for a sale of the iconic U.S. food company best known for its canned soups, according to a regulatory filing.
Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. …read more […]
Tesla Inc’s board of directors is seeking more information from CEO Elon Musk about the finance for his plan to take the U.S. electric car maker private, according to people familiar with the matter.
The athletic apparel and footwear company turned lower in the days after its second-quarter report. Here’s why. …read more […]
Kansas Secretary of State Kris Kobach’s lead over Gov. Jeff Colyer in the Republican primary has shrunk to only 91 votes after election officials discovered a mistake in the listing for one county’s results in the state’s tally of votes. The lead is minuscule when compared with the 311,000 votes cast. …read more […]
The S&P 500 and Dow ended down slightly on Thursday as gains in Apple and Amazon were offset by losses in energy and financial shares.
Tesla Inc’s shares slipped nearly 5 percent on Thursday, wiping out the gains fueled by Chief Executive Elon Musk’s announcement of a plan to take the company private, after reports of concern by regulators and on doubt the deal could be done.
Billionaire investor Daniel Loeb’s hedge fund Third Point LLC disclosed on Thursday it has partnered with fellow Campbell Soup Co shareholder George Strawbridge to call for a sale of the iconic U.S. food company best known for its canned soups.
The data-storage specialist calls this an “excellent capital allocation opportunity to enhance long-term shareholder value.” …read more […]
Online file storage firm Dropbox Inc signed up more paying subscribers in its second quarter as a public company than Wall Street was expecting.
The S&P 500 and Dow ended down slightly on Thursday as gains in Apple and Amazon were offset by losses in energy shares.
Goldman Sachs Group Inc was sued on Thursday by a former managing director who said the Wall Street bank retaliated against him and fired him after he complained about its dealings with an unidentified, “notorious European businessman.”
The S&P 500 was up slightly on Thursday afternoon and again close to a record high on the back of gains in Apple, Amazon and Microsoft.
Tesla Inc’s shares slipped more than 5 percent to a two-day low on Thursday, wiping out all the gains fueled by Chief Executive Elon Musk’s recent tweet announcing a plan to take the company private.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
