Corporate Performance

Can GameStop’s New CEO Deliver a Turnaround?

GameStop Corp. (NYSE: GME) seems to have solved one problem with its executive team, as it announced that it has found a new CEO. This comes amidst a potential proxy ...
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Nike Sales Jump Almost 20% in China

The sales of Nike shoes and apparel were lackluster across most of the world. The exception was China, the world's most populous market, where revenue jumped 19% last quarter. While ...
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Is China Putting Its Thumb on the Scale Against Boeing?

The U.S. Federal Aviation Administration (FAA) on Wednesday issued a statement updating the agency's "continued operational safety activities" related to Boeing Co. (NYSE: BA) 737 MAX 8 and MAX 9 ...
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Is Amazon Courting Danger by Restricting Some Product Advertising?

Now may not be the best time for Amazon.com Inc. (NASDAQ: AMZN) to get tough with some of its Marketplace resellers. The European Commission (EC) just slapped a $1.7 billion ...
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Global Growth Projections Temper CEO Q1 Economic Outlook

U.S. CEOs continue to see continued growth in the U.S. economy but their optimism is tempered by uncertainty about growth in the global economy. The chief executives projected 2.5% growth ...
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Boeing’s Political Power Is About to Be Tested

In a statement issued Tuesday, Boeing Co. (NYSE: BA) CEO Dennis Muilenburg reiterated the company's commitment to safety as the "core of who we are at Boeing." That may not ...
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Mercedes Unveils Redesigned GLC Crossover Coupe

Daimler's Mercedes-Benz division is prepping for next month's New York Auto Show with an announcement of a redesigned version of the company's luxury compact crossover coupe, the GLC. The company ...
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A Daring and Risky Turnaround Strategy by DSW

The world of corporate turnarounds never seems to run out of aggressive strategies. The case of DSW Inc. (NYSE: DSW) is one long-time turnaround when the actual turnaround just seems ...
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Tesla Shows Off Model Y Crossover, Ford Mum on Electrified Mustang

At an event Thursday night at the company's design studio near Los Angeles, Tesla Inc. (NASDAQ: TSLA) unveiled its promised Model Y crossover SUV. The first version to debut will ...
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Boeing Will Keep Building 737 MAX, Just Won’t Deliver Them or Get Paid

The Wednesday U.S. Federal Aviation Administration (FAA) grounding of all U.S.-based Boeing Co. (NYSE: BA) 737 MAX jets will not stop the company from continuing to build the planes at ...
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February European Auto Sales Drop for Sixth Consecutive Month

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...
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Will It Take a Proxy Fight to Finally Turn GameStop Around?

GameStop Corp. (NYSE: GME) faces more problems as investors threaten a proxy fight in a recent letter to the board of directors. A couple of activist firms are leading the ...
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Kraft Heinz Explores Breakstone’s Sale: Still Feeling Fallout From Q4?

News that Kraft Heinz Co. (NASDAQ: KHC) has hired a bank for the potential sale of one of its dairy brands pushed its shares marginally higher early Wednesday. Specifically, Kraft ...
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Amazon Ad Revenues Beginning to Pile Up

In 2016, Amazon.com Inc. (NASDAQ: AMZN) posted estimated advertising revenues of about $500 million. Retail analytics firm eMarketer estimated at the time that by 2019 the online shopping behemoth would ...
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Nelson Peltz Very High on Aurora Cannabis

News that Aurora Cannabis Inc. (NYSE: ACB) has appointed the notorious activist investor Nelson Peltz as a strategic advisor boosted shares early on Wednesday. Management is hoping to work collaboratively ...
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