The warranties on clutch and related hardware in about 560 000 Fiesta and Focus vehicles in Canada and the United States are to be extended, Ford Motor Company (F) said, after customers reported issues with the cars’ transmission. Ford shares closed lower for a fifth consecutive trading session in New […]

A selection of Apple Inc’s MacBook Pro laptop models have been banned on flights by the US Federal Aviation Administration (FAA), after the tech giant recalled certain devices due to risk of battery fire. Apple shares closed lower for the sixth time in the past eleven trading sessions on NASDAQ […]

Macy’s Inc’s second-quarter earnings, reported on Wednesday, fell short of Wall Street estimates for the first time in two years, which sent its shares to lows not seen since early February 2010. The company also revised down its full-year forecast for adjusted profit, after it had introduced heavy discounts to […]

Rite Aid Corp (RAD) said earlier this week that Heyward Donigan had been appointed as its new Chief Executive Officer, effective immediately. Donigan is to succeed John Standley, who has been in the CEO role since 2010. Rite Aid shares closed lower for a third consecutive trading session in New […]

According to a report by Reuters, citing industry sources familiar with the matter, Exxon Mobil Corporation (XOM) has already discussed with several North Sea operators a potential sale of some or all of its assets in the area, which could generate up to $2 billion. The report of a potential […]

Long Term Private Capital, BlackRock Inc’s new private equity fund, has invested $875 million in a stake in US-based Authentic Brands Group LLC, the asset manager said. This way LTPC has become the largest shareholder in Authentic Brands. BlackRock shares closed lower for a second consecutive trading session in New […]

Stifel Financial Corporation (SF) said on Monday that it had agreed to buy certain assets of George K. Baum & Company, a leader in the structuring, underwriting and marketing of taxable and tax-exempt municipal securities, based in Kansas City, Missouri. Financial terms of the agreement, however, remained undisclosed. The deal […]

Walmart Inc has instructed workers at its US stores to remove signs and playable demos of violent video games. Walmart’s move came after the mass shootings in Ohio and Texas, which led to the death of 31 people. One of the incidents occurred in a company store. However, the company […]

Salesforce.com Inc (CRM) said on Thursday that it had agreed to buy Israeli software development company ClickSoftware in a cash and stock deal valued at $1.35 billion. The acquisition is expected to accelerate the growth of Salesforce’s Service Cloud platform. Salesforce shares closed higher for the fifth time in the […]

According to a statement by Russia’s Federal Antimonopoly Service on Thursday, it has launched an investigation into whether Apple Inc (AAPL) abused its position of power in the country following a complaint from cybersecurity firm Kaspersky Lab. Apple shares closed higher for a third consecutive trading session on NASDAQ on […]