Corporate Performance

Can Ellison Do for Lowe’s What He Couldn’t Do for JC Penney?

J.C. Penney Co. Inc. (NYSE: JCP) announced Tuesday morning that its board chair and chief executive officer, Marvin Ellison, will leave the company in June to take over as CEO ...
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JC Penney CEO Quits, a Huge Blow to Retailer, Questions About Survival

J.C. Penney Co. Inc.'s (NYSE: JCP) CEO quit today, shortly after the retailer reported poor results. Marvin R. Ellison, board chair and chief executive, almost certainly knew about this when ...
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6 Most Important Things in Business Today

China, in the early stages of a trade war with the United States, said it would lower some tariffs. According to CNBC: China's Finance Ministry has said that it will cut ...
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Celgene, Campbell’s Soup Drop into Monday’s 52-Week Low Club

May 21, 2018: Here are four stocks trading with heavy volume among 66 equities making new 52-week lows in Monday's session. On the NYSE advancers led decliners by about 2.31 ...
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A New Model Will Not Help Tesla

Elon Musk said in a series of tweets that Tesla Inc. (NASDAQ: TSLA) will launch a new, powerful and feature-packed version of its new Model 3. Among other things, it will ...
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New Long Lines at Starbucks and Customer Service

As a business, Starbucks Corp. (NASDAQ: SBUX) can already have a busy bathroom, as patrons line up to use the facilities. Those lines may get much longer, particularly in high-traffic ...
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6 Most Important Things in Business Today

General Electric Co. (NYSE: GE) may set a transaction to radically change one of its divisions. According to Reuters: General Electric Co is nearing a deal to merge its transportation ...
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Campbell Soup, Celgene Stumble into Friday’s 52-Week Low Club

May 18, 2018: Here are four stocks trading with heavy volume among 70 equities making new 52-week lows in Friday's session. On the NYSE advancers led decliners by about 1.12 ...
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Pickup Truck Fuel-Economy Battle Heats Up

Among full-size pickup trucks powered by gasoline, the Ford Motor Co. (NYSE: F) F-150 is the reigning champion, with U.S. Environmental Protection Agency (EPA) fuel-economy ratings of 20 miles per ...
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Well Fargo Renews Its Commitment to You After Rip-Offs (Update)

Update: According to The Wall Street Journal: Some employees in a Wells Fargo & Co. unit that handles business banking improperly altered information on documents related to corporate customers, according ...
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6 Most Important Things in Business Today

China says it did not make a huge trade offer mentioned in the press. According to Reuters: China denied on Friday that it had offered a package to slash the ...
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Celgene, NetEase Drop into Thursday’s 52-Week Low Club

May 17, 2018: Here are four stocks trading with heavy volume among 57 equities making new 52-week lows in Thursday's session. On the NYSE advancers led decliners by about 1.12 ...
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The World’s 15 Largest Banks

Of the world's 15 largest banks, the top four are based in China. These four giants topped the list in 2016 and in 2017, so it's no surprise at all ...
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How Kroger Plans to Keep Up With Amazon

Kroger Co. (NYSE: KR) shares made a handy gain early Thursday after the grocery chain announced that it would be partnering with the online supermarket Ocado. The goal of this ...
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6 Most Important Things in Business Today

The self-driving car division of Intel Corp. (NASDAQ: INTC) took a large step forward. According to Reuters: Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply ...
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