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Business software giant Oracle Corp. (ORCL), Tuesday reported an increase in profit for the fourth quarter, as revenues grew 3 percent reflecting strong growth in cloud services revenues. Earnings for the quarter trumped Wall Street estimates, as did revenues. Redwood Shores, California-based Oracle's...

Shares of Mattel (MAT) have climbed off their worst levels of the day but continue to see notable weakness in late-day trading on Tuesday. Mattel is currently down by 3.4 percent.

Shares of Tesla (TSLA) have come under pressure during trading on Tuesday, pulling back off the nine-month closing high set in the previous session.

After moving higher early in the session, shares of Verizon (VZ) have seen some further upside during trading on Tuesday. Verizon is currently up by 2.4 percent.

Ford Motor Co. (F) said that it has acquired the iconic Michigan Central Station and plans to transform it into the centerpiece of a vibrant new campus in Detroit's Corktown neighborhood that will serve as an innovation hub for Ford's vision for the future of transportation. Ford noted that it plans...

21st Century Fox (FOX, FOXA) said that it welcomed today's announcement by the Secretary of State for Digital, Culture, Media and Sport that he intends to accept the final undertakings proposed by 21st Century Fox and The Walt Disney Company with a view to clearing 21CF's proposed acquisition of the...

Cotiviti Holdings Inc. (COTV), and Verscend Technologies Inc., a portfolio company of Veritas Capital and a leader in data-driven healthcare solutions, said that they have entered into a definitive agreement whereby Verscend has agreed to acquire Cotiviti for $4.9 billion in cash. As per the terms...

United Parcel Service (UPS) said it plans to build an additional five compressed natural gas or CNG fueling stations and also add more than 700 new CNG vehicles to its fleet, including 400 semi-tractors and 330 terminal trucks. The company noted that this $130 million dollar investment in CNG capacity...

AptarGroup, Inc. (ATR) Tuesday named Gael Touya as President of Aptar Pharma to succeed Salim Haffar, effective September 1, 2018. Touya has been serving as President of Aptar Food + Beverage for more than two years. Marc Prieur, current vice president of Aptar will be new President for Aptar Food...

Alaska Airlines, subsidiary of Alaska Air Group (ALK), announced the addition of new nonstop service between Sacramento in California, and Ellison Onizuka Kona International Airport on Hawaii's Big Island. The new service, which is scheduled to begin on December 20, will be the only nonstop flight...

China Biologic Products Holdings, Inc. (CBPO), a fully integrated plasma-based biopharmaceutical company in China, said its board of directors has received an unsolicited, preliminary non-binding proposal letter from CCRE Holdings Limited, a wholly owned subsidiary of CITIC Capital Holdings Limited. Under...

GameStop Corp. (GME) confirmed it is in exploratory discussions with third parties regarding a potential transaction. There can be no assurance any agreement will result from these discussions. GameStop said it does not intend to make any additional comments regarding these discussions unless and...

Halcón Resources Corp. (HK) said it will reduce its operated rig count in July 2018 from four to three, primarily due to lower near-term realized oil prices in the Midland market. Halcón is currently in advanced negotiations to secure 25,000 bbl/d of firm capacity on a pipeline to the Gulf Coast,...

Penn National Gaming, Inc. (PENN) agreed Tuesday to acquire the operations of Margaritaville Resort Casino in Bossier City, Louisiana in an all cash deal of about $115 million that is expected to be immediately accretive to operating results upon closing. The transaction, expected to close in the...

Aegon N.V. (AGN.L, AEG) said that it will implement several reporting changes to reflect the strategic transformation of its businesses. The changes will enhance reporting by better aligning disclosures with how the business is managed, in addition to highlighting potential growth. The reporting changes...

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