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Investors in a group led by rail operator Ferrovie dello Stato SpA are evaluating the financial needs of the “new Alitalia” that would emerge after the second bankruptcy process in a decade, said the people, who asked not to be named because the discussions are private. The plan will be discussed with Delta and EasyJet this week and could be finalized by the end of February, they said. The new Alitalia would retain assets from the previous carrier, but debt wouldn’t be carried over, according to the people.
An analyst is taking CEO Tim Cook to task for not buying Netflix. Here's why he's wrong.
Foreign firms led by Goldman Sachs Group Inc. grabbed the first three places in Japan’s merger advisory rankings last year, handling deals worth a combined 44.6 trillion yen ($403 billion), according to data compiled by Bloomberg. Nomura Holdings Inc., Japan’s largest investment bank, slipped out of the top three for the first time since 2016. Japan’s bankers are falling behind partly because of the high proportion of M&A deals involving foreign targets, where they are less well placed to provide advice, said Tomonori Ito, a professor at Hitotsubashi University.
Did Warren Buffett and Berkshire Hathaway dump Oracle stake for the same reasons it sold off IBM in 2018?
Long-awaited upgrades to wireless Airpods are rumored to be here soon as Apple works to build on a success story.
Here's a comparison of the soda titans' short-term growth and capital return plans.
Is Teva Pharmaceutical an Attractive Pick This February?(Continued from Prior Part)Earnings performance in 2018In its fourth-quarter earnings investor presentation, Teva Pharmaceutical (TEVA) guided for non-GAAP (generally accepted accounting
Is Teva Pharmaceutical an Attractive Pick This February?(Continued from Prior Part)Revenue performance in 2018 In its fourth-quarter earnings investor presentation, Teva Pharmaceutical (TEVA) guided for revenue of $17.0 billion–$17.4 billion in
Is Teva Pharmaceutical an Attractive Pick This February?Stock price movementsOn February 15, Teva Pharmaceutical (TEVA) closed at $17.98, 4.05% higher than its previous closing price, 23.24% higher than its 52-week low of $14.59, and 30.74% lower
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations T-Mobile (TMUS) stock offers a potential upside of ~15.0% going forward compared to its current market price of $70.50. Wall Street
While electric vehicles are stealing the headlines, Detroit’s 3 giants are battling to get ahead in the highly-profitable heavy-duty truck segment
Its new streaming plans are coming into focus.
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations AT&T (T) stock offers a potential upside of ~13.3% going forward compared to its current market price of $29.79. Wall Street analysts
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How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)Analysts on CenturyLink stock Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on February 13, 31% recommended a “buy,” 31% recommended a “sell,” and
Southwest Warns Mechanics to Get Back to Work or Risk TerminationOperational emergency In a strongly worded memo, Southwest Airlines (LUV) told its mechanics to get back to work or risk termination, CNBC reported on February 15. The company issued
Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
How Top Telecommunications Stocks Are Faring in FebruaryAnalysts’ recommendations Verizon (VZ) stock offers a potential upside of ~9.5% going forward compared to its current market price of $54.03. Wall Street analysts have given Verizon a mean
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Is (LUV) Outperforming Other Transportation Stocks This Year?
Better price management and strong membership trends are working in favor of BJ's Wholesale (BJ). These may boost the top line.
FedEx and UPS, are you listening?
UPS' latest dividend hike underscores its strong financial position and a commitment to add shareholder value.
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Dish’s churn Dish Network (DISH) has been making efforts to improve its Dish TV churn rate by acquiring higher-quality subscribers amid increased pressures from
How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)Shareholder returns and stock trends CenturyLink (CTL) stock’s closing price on February 13 was $14.70 per share. Based on that closing price, CenturyLink has a market