Vodafone and Telecom Italia will have to offer concessions if they want to win European Union antitrust approval for their plan to merge their mobile tower infrastructure, people familiar with the matter said on Thursday.
The stock market posted modest losses on Thursday morning, with most investors attributing the decline to renewed concerns about the COVID-19 outbreak. A new surge in reported cases reawakened fears that the disease might prove to be a longer-lasting problem than initial project
Ralph Lauren (NYSE: RL) sees mounting costs from the spread of the coronavirus in China and the related closures of its retailing points in the country. The retailer said on Thursday that roughly two thirds of its stores in the country have been closed over the past week and tha
XPO Logistics (NYSE: XPO) has taken investors on a wild ride over the last 18 months, with the longtime outperformer's shares cut in half in late 2018 and early 2019 due to criticism from a short-seller and the unexpected loss of a major customer.
Admittedly, the pace of growth Walt Disney (NYSE: DIS) has seen from its new Disney+ streaming service is impressive -- it reached 28.6 million subscribers as of early this month after launching in mid-November. Rival Netflix (NASDAQ: NFLX) didn't amass that many streaming custo
Kraft Heinz (NASDAQ: KHC) reported its fourth-quarter earnings results on Thursday, which showed weak business performance across the board. Organic net sales were down 2.2% year over year, while adjusted earnings declined by 14.3%. The U.S., Canada, and Rest of World regions s
The Canadian dollar was little changed against its U.S. counterpart on Thursday, holding on to its previous day's gains as oil prices rose and investors assessed a sharp rise in the number of coronavirus deaths and infections.
(RTTNews) - CRISPR Therapeutics AG (CRSP), which is down more than 20% from its yearly high of $74, recorded last December, expects 2020 to have the potential to be a pivotal year in the company's growth.
For an event meant to showcase the power of telecoms, cancelling this year's Mobile World Congress in Barcelona without a back-up plan has perplexed many in the trillion-dollar sector.
(RTTNews) - PennyMac Financial Services, Inc. (PFSI) shares are sliding on Thursday morning.
The mortgage banking company announced on Thursday that BlackRock, Inc. (BLK) has contributed its remaining 20 percent ownership stake in PFSI to two charitable entities, the BlackRoc
Spain's High Court on Thursday ordered Emilio Lozoya, former chief executive of Mexican state oil firm Pemex, to be held in a Spanish jail pending an extradition request from Mexico where he faces corruption charges.
(RTTNews) - Shares of Tempur Sealy International Inc. (TPX) touched a 52-week high of $100.35 today, after the company reported stellar Q4 results. The stock has been trading in a range of $53.69 - $100.35 in the past one year.
(RTTNews) - Dominion Energy said it will build, own and operate solar facility in Greensville County, Va. Facebook will purchase the environmental attributes generated by the solar facility.
(RTTNews) - Shares of Medtronic plc (MDT) has pared initial losses and is now declining 0.5 percent in the morning trade on Thursday, at $115.90, after the medical device company said it has agreed to acquire privately held, London-based Digital Surgery.
Losing a job is almost always traumatic. In your 50s, job loss can be devastating — and devastatingly common. More than half the workers who entered their 50s with stable,…
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