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Amazon.com Inc. (AMZN) is reportedly planning to acquire Landmark Theatres, as the e-commerce giant seeks to gain a foothold in the brick-and-mortar cinema industry. Bloomberg Thursday reported, citing people familiar with the situation, that Amazon is looking with other suitors to acquire the business...

Several popular breakfast items, including oat cereals, oatmeal, granola and snack bars, were tested and found to contain a hefty dose of Glyphosate, a carcinogenic compound found in the herbicide Roundup. According to independent laboratory tests commissioned by EWG, Glyphosate, an herbicide linked...

GlaxoSmithKline PLC (GSK.L) Thursday announced its plans to close a skincare manufacturing site in Sligo, Ireland. The closure will affect 165 jobs at the plant. The facility will be shut down on a phased basis over next the three years. Management at the skincare facility considered alternatives...

The Kroger Co. (KR) and Nuro announced Scottsdale, Arizona as the city for their self-driving grocery delivery pilot. Earlier this summer, Kroger and Nuro, maker of driverless delivery vehicle, announced a partnership to begin testing grocery delivery using Nuro's robots. Through the new self-driving...

chipotle-aug16.jpg Chipotle Mexican Grill Inc. is hoping to lure students to its restaurants with its buy-one-get-one or BOGO offer amid the back-to-school rush. The Mexican food chain is offering a special, one day BOGO offer for students nationwide on Saturday, August 18 to celebrate the back-to-school season. The BOGO may be redeemed via a digital order, online or in-app, and in-restaurant.

Archer Daniels Midland Co. (ADM) announced Thursday said it agreed to purchase certain assets of Brzil based Algar Agro, including oilseeds processing facilities in Uberlândia Maranhão. ADM will become owner of integrated crush and oil refining/bottling facilities in Uberlândia and Porto Franco....

Wendy's Co. (WEN) said that it accepted an offer from Inspire Brands (Owner of Arby's, Buffalo Wild Wings, and R Taco) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement represents a 38% premium on the Wendy's Company's previous valuation of...

Hershey Co. (HSY) said that Patricia Little, Senior Vice President and Chief Financial Officer, intends to retire from the company in the spring of 2019. Little has served as the company's CFO since joining in 2015. Hershey has commenced a search for a CFO successor. Michele Buck, President...

J. C. Penney Company, Inc. (JCP) reported that its second quarter net loss widened to $101 million or $0.32 per share, from $48 million, or $0.15 per share in the same period last year. But, comparable sales increased 0.3 % for the second quarter. The company said it will continue to take actions...

walmart2-aug16.jpg Retail giant Walmart Inc. on Thursday reported a net loss for the second quarter as higher revenues were offset by a one-time charge, among other items. However, both revenue and adjusted earnings per share topped analysts' estimates, while Walmart U.S. same-store sales recorded the strongest growth in more than ten years. The company raised its outlook for fiscal 2019.

Below are the earnings highlights for Dillard Inc. (DDS): -Earnings: -$2.9 million in Q2 vs. -$17.1 million in the same period last year. -EPS: -$0.10 in Q2 vs. -$0.58 in the same period last year. -Analysts projected -$0.44 per share -Revenue: $1.50 billion in Q2 vs. $1.46 billion in the same period last year.

Teva Pharmaceutical Industries Ltd. (TEVA) and Regeneron Pharmaceuticals Inc. (REGN) announced positive topline results from a Phase 3, randomized, double-blind, placebo-controlled study of fasinumab in patients with chronic pain from osteoarthritis (OA) of the knee or hip. At the week 16 primary efficacy...

Below are the earnings highlights for Wal-Mart Stores Inc. (WMT): -Earnings: -$0.86 billion in Q2 vs. $2.90 billion in the same period last year. -EPS: -$0.29 in Q2 vs. $0.96 in the same period last year. -Analysts projected $1.22 per share -Revenue: $128.03 billion in Q2 vs. $123.36 billion...

Symantec Corp. (SYMC) issued statement in response to the submission by Starboard Value, of five nominees to stand for election to the Symantec Board of Directors at Symantec's 2018 Annual Meeting of Stockholders. The Nominating and Governance Committee of the Symantec Board is evaluating the nominations...

The FUCHS Group sold its 50% share in MOTOREX AG Langenthal, founded in 1973, for 17 million Swiss francs to the former local partner, MOTOREX-BUCHER Group AG in Langenthal. Over the past four decades, FUCHS PETROLUB and MOTOREX-BUCHER have grown strongly both nationally and internationally. Both...

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