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Verizon Slashes Yahoo Deal Price By $350 Million

The telecommunications giant and internet pioneer signed an agreement to cut the deal by $350 million after Yahoo's image tumbled down with one hacking scandal after the other.

Feb 27, 2017 08:59 PM EST


Nordstrom’s Quarterly Earnings Beat Expectations

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

Feb 23, 2017 09:09 PM EST


Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings

Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger.

Feb 22, 2017 12:11 AM EST


Lenovo Third Quarter Profits Plummet

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

Feb 19, 2017 09:11 PM EST


Retail Spending in UK Rises Slightly in January

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016.

Feb 19, 2017 08:12 PM EST


CBS Corp Posts 45.6 Percent Drop In Quarterly Profit

Mass media company, CBS Corporation, posts quarterly profit decrease.

Feb 15, 2017 09:11 PM EST


Toshiba chair quits hours after conglomerate reveals $3.4 billion loss

Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.

Feb 15, 2017 01:08 AM EST


Apple Ends Losing Streak, Posts Rise In Sales After Nine Months

Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.

Feb 02, 2017 02:53 AM EST


Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline

Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.

Feb 01, 2017 09:53 PM EST


Sense of Unease Permeates Wall Street With Trump's New Policies

President Donald Trump is starting to worry Wall Street with the major changes in foreign policies. Economic isolation may result in these changes.

Feb 01, 2017 09:30 PM EST


Jump in manufacturing, tight labor markets show U.S. economic health: Fed

The Fed states that the US economy is improving, there is a revitalization of manufacturing and the labor market has become very tight lately.

Jan 18, 2017 05:15 PM EST


Oil and Trump: Russians full of optimism in Davos

A year ago russians felt depressed because the price of oil plummeted and the West imposed sanctions, but today the price of oil has increased and soon Trump will ease the sanctions.

Jan 18, 2017 05:15 PM EST


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