Corporate stock

June 07, 2019 - 6:07 pm
NEW YORK (AP) — Uber is parting ways with two of its top executives less than a month after the company's rocky stock market debut. CEO Dara Khosrowshahi told employees in an email Friday that he plans to be more involved in day-to-day operations now that the initial public offering of stock has...
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A Royal Caribbean Cruise ship called the Majesty of the Seas sets out at Port Everglades and will no longer go to Cuba, on Wednesday, June 5, 2019, in Fort Lauderdale, Fla. The Trump administration on Tuesday imposed major new travel restrictions on visits to Cuba by U.S. citizens, including a ban on many forms of educational and recreational travel. (AP Photo/Brynn Anderson)
June 05, 2019 - 5:54 pm
MIAMI (AP) — The Trump administration's new restrictions on travel to Cuba will sting the cruise industry, taking away a new and increasingly popular destination at the start of the critical summer vacation season. Major cruise lines on Wednesday immediately began dropping stops in Cuba from their...
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FILE - In this May 10, 2019, file photo, an Uber banner hangs on the facade of the New York Stock Exchange. Uber is continuing to bleed money even as it posts dramatic revenue growth. In its first financial release since its lackluster IPO, Uber reported Thursday, May 30, that revenue rose in the first quarter of 2019, up 20% from the same time last year. (AP Photo/Richard Drew, File)
May 30, 2019 - 6:19 pm
NEW YORK (AP) — Uber is continuing to bleed money even as it posts dramatic revenue growth. In its first financial report since its lackluster debut on Wall Street, Uber said Thursday that its revenue rose to $3.1 billion in the first quarter of 2019, up 20% from the same time last year, beating...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, May 30, 2019. (AP Photo/John Raoux, File)
May 30, 2019 - 5:30 pm
SAN FRANCISCO (AP) — Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts' expectations, sending the company's stock tumbling more than 10% in after-market trading. The downbeat performance comes three months after the retailer said it was creating two...
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FILE - In this May 26, 2016, file photo, a shopper searches her purse outside a Dollar Tree store in Encinitas, Calif. Dollar Tree, Inc. reports financial results Thursday, May 30, 2019. (AP Photo/Lenny Ignelzi, File)
May 30, 2019 - 2:26 pm
NEW YORK (AP) — Pressure from the trade dispute between the U.S. and China continues to weigh on the retail sector. Retailers have seen their shares seesaw this week as they express concern over tariffs squeezing their businesses. The latest is PVH Corp., owner of the Calvin Klein and Tommy...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Fiat Chrysler is proposing a merger with French carmaker Renault aimed at saving billions of dollars for both companies. (AP Photo/Gene J. Puskar, File)
May 27, 2019 - 5:12 pm
PARIS (AP) — Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it would produce some 8.7...
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FILE - This July 8, 2018 photo shows Tesla 2018 Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of CEO Elon Musk. But around the middle of December 2018, investors started having doubts about the Wall Street darling’s prospects for continued growth. The stock started a gyrating fall that was among the worst in company history. (AP Photo/David Zalubowsi, File)
May 24, 2019 - 11:40 am
Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk. But around...
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May 23, 2019 - 10:00 am
Shares of Tesla opened lower Thursday, a day after an influential analyst raised questions about demand for its electric vehicles and told investors that Tesla could become a restructuring story. Stock in the Palo Alto, California, company fell 3% after the opening bell to $186.97, its lowest level...
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FILE - In this Nov. 6, 2018 file photo, attendees look at the latest technology from Qualcomm at the China International Import Expo in Shanghai. Qualcomm’s stock is tumbling before Wednesday’s market open on May 22, 2019, after a federal judge ruled that the company unlawfully stifled cellphone chip market competition and charged excessive licensing fees. (AP Photo/Ng Han Guan, File)
May 22, 2019 - 11:17 am
NEW YORK (AP) — The Latest on federal judge's ruling against Qualcomm (all times local): 11:15 a.m. A federal ruling against Qualcomm is likely to reduce the licensing fees paid on the sales of smartphones. But it's unclear if device makers such as Apple will pass on any of their savings and lower...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations on just about every level, saying the same day services it's rolled out in recent years drove more than 25 percent of comparable sales growth. (AP Photo/Gene J. Puskar, File)
May 22, 2019 - 10:32 am
NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of...
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