Corporate Performance

Can GameStop’s New CEO Deliver a Turnaround?

Posted: March 22, 2019 at 10:50 am

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

Posted: March 22, 2019 at 6:29 am

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?

Posted: March 21, 2019 at 1:00 pm

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?

Posted: March 21, 2019 at 9:50 am

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

Posted: March 20, 2019 at 1:50 pm

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

Posted: March 20, 2019 at 10:05 am

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

Posted: March 20, 2019 at 8:10 am

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

Posted: March 19, 2019 at 1:15 pm

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

Posted: March 15, 2019 at 12:25 pm

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

Posted: March 15, 2019 at 8:55 am

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

Posted: March 15, 2019 at 7:40 am

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?

Posted: March 14, 2019 at 11:45 am

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?

Posted: March 13, 2019 at 10:50 am

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

Posted: March 13, 2019 at 10:15 am

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

Posted: March 13, 2019 at 9:55 am

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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