Lowe’s reinforces wavering home improvement demand with forecast cuts
(Reuters) – Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival Home Depot (NYSE:HD)…
Lordstown opts for reverse stock split to meet Nasdaq rules, placate Foxconn
(Reuters) – Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor…
Ford explores cost management at its Capital Markets Day
Ford (NYSE:F) held their Capital Markets Day on Monday in Dearborn, Michigan where the company focused on the steps they…
Yelp jumps as activist investor seeks sale or merger with Angi
(Reuters) – Activist investor TCS Capital Management on Tuesday urged Yelp (NYSE:YELP) Inc to either explore a sale or a…
Private equity firm GTCR amasses $11.5 billion in record fundraise
(Reuters) – Private equity firm GTCR LLC has raised its largest fund ever, collecting $11.5 billion from investors to acquire…
EU seeks top court backing in $14 billion tax fight against Apple
(Reuters) – EU competition regulators appealed to the bloc’s highest court on Tuesday to override a lower tribunal and make…
Dollar inches higher on Fed rate expectations, hits 6-month peak vs yen
(Reuters) – The U.S. dollar inched higher for a second day on Tuesday – touching a six-month peak against Japan’s…
FTSE 100 largely unchanged; BT Group gains after stake increase
U.K. stock markets traded in a mixed fashion Tuesday in a cautious mood as investors digested the lack of an…
Austria’s Raiffeisen attempts last-ditch Russian spin-off -sources
(Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people…
Tesla offers China-made electric vehicles for sale in Canada
(Reuters) – Tesla (NASDAQ:TSLA) is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website…