logo

Breaking News

Share

america-cars-062619.jpg A survey has shown that while a majority of Americans want to buy a car that contributes substantially to the U.S. economy amid rising trade tensions, most of the "American-made" cars are actually produced by foreign automakers. According to Cars.com's 2019 American-Made Index, the most 'American-made' vehicle in 2019 is the Jeep Cherokee.

Comcast (CMCSK, CMCSA) said that the first non-smartphone devices will be available to Xfinity Mobile customers. Comcast's Xfinity Mobile will offer Apple Watch Series 4 with built-in cellular, the new 10.5-inch iPad Air, and the new 7.9-inch iPad mini to its customers. Comcast stated that iPad...

youtube-062619.jpg A U.S. senator and two consumer privacy groups have urged the Federal Trade Commission or FTC to take action against YouTube following extensive evidence that the Google-owned video site is invading child users' privacy. In separate letters sent Tuesday to the FTC, they expressed concern over YouTube's practices surrounding children's content.

While reporting financial results for the third quarter on Wednesday, Actuant Corp. (ATU) raised its adjusted earnings per share outlook for the full year 2019, but cut annual sales guidance. The company also provided guidance for the fourth quarter of 2019. For fiscal 2019, the company now expects...

Corteva, Inc. (CTVA) said its Board has authorized a $1 billion share repurchase program which is expected to be completed in three years. Also, the company's Board authorized a common stock dividend of 13 cents per share, payable September 13, 2019, to the shareholders of record on July 31, 2019. Corteva...

walmart-seiyu-062619.jpg Walmart Inc. plans to relist its Japanese supermarket subsidiary Seiyu to the stock market, according to reports. The move gains relevance amid speculations that U.S. retail giant may exit the tough Japanese market. Walmart entered the Japanese market by acquiring a 6 percent stake in Seiyu in 2002 and gradually raised its holding in the supermarket chain before a full takeover in 2008.

AKASOL AG, a manufacturer of lithium-ion battery systems for commercial vehicles, said that it plans to open a production facility in the metro Detroit area of Michigan, U.S. The State of Michigan has given its full support to the company's plans, awarding the company a one-digit million Euro Michigan...

Consumer goods company Newell Brands, Inc. (NWL) announced Wednesday the appointment of Executive Vice President and Chief Financial Officer Christopher Peterson as interim Chief Executive Officer, effective June 28, 2019. Peterson succeeds President and Chief Executive Officer Michael Polk, who is...

While reporting financial results for the third quarter on Wednesday, UniFirst Corp. (UNF) again raised its earnings and revenue guidance for the full-year 2019. For fiscal 2019, the company now expects earnings in a range of $8.75 to $8.85 per share, based on the current level of outstanding common...

While reporting financial results for the fourth quarter on Wednesday, General Mills Inc. (GIS) outlined its key full-year fiscal 2020 targets. For fiscal 2020, the company projects constant-currency adjusted earnings per share to increase 3 to 5 percent from the base of $3.22 per share earned in...

Eli Lilly and Company (LLY) said, in a a phase 3 double-blind, parallel arm study, higher investigational doses of Trulicity (dulaglutide) significantly reduced A1C from baseline in people with type 2 diabetes, compared to once-weekly Trulicity 1.5 mg after 36 weeks. The trial also showed superiority...

The European Commission has opened a formal antitrust investigation into whether Broadcom uses exclusivity restrictions to block competitors from the TV and modem chipsets markets. The Commission plans to impose interim measures during the investigation with regard to TV and modem chipsets markets,...

Kaman Corp. (KAMN) agreed Wednesday to sell its Distribution segment to affiliates of Littlejohn & Co., LLC for total cash consideration of $700 million, subject to customary closing conditions and working capital adjustments. Kaman's Distribution Segment is a leading distributor of more than six...

Boehringer Ingelheim and Eli Lilly and Company (LLY) said the FDA has granted Fast Track designation to empagliflozin for the ongoing EMPEROR program, which will evaluate the effect of the tablet on cardiovascular death and hospitalization for heart failure in adults with chronic heart failure with reduced...

German football club Spielvereinigung Unterhaching Wednesday said it has increased its equity by around 4 million euros in a financing round with various investors. The club further announced plans to go public on the Munich Stock Exchange in the summer of 2019. With the move, the club aims to create...

Follow RTT