Apollo Global Management (APO) was reported to have increased its takeover bid for Tech Data Corp (TECD) to $145 per share from $135 per share, after Tech Data got a rival offer from another company. Under the new offer, the deal now has an enterprise value of approximately $6 billion. […]

Deere & Co’s fourth-quarter profit, reported on Wednesday, registered an 8.96% year-on-year drop, as trade frictions and poor weather in the US farm belt weighed on results. Deere shares closed lower for the fifth time in the past ten trading sessions in New York on Wednesday. It has also been […]

The Federal Aviation Administration (FAA) announced that Boeing Co had been informed the regulator would be the sole issuer of airworthiness certificates for all new 737 MAX jets. Boeing shares closed lower for the fourth time in the past ten trading sessions in New York on Wednesday. It has also […]

Dollar Tree Inc’s (DLTR) third-quarter revenue, reported on Tuesday, exceeded Wall Street estimates, as renovated stores and expanded product assortment lured more shoppers to its namesake and the Family Dollar chain. However, the company now projects holiday-quarter earnings below market consensus, because of an anticipated impact from US tariffs on […]

According to a report by Bloomberg, citing sources with knowledge of the matter, Intel Corp (INTC) is looking for buyers of its connected home business and has hired a financial adviser for a potential deal. Intel shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. The […]

According to a report by Reuters, citing a source with knowledge of the matter, Apple Inc (AAPL) will postpone the planned December theater release of ”The Banker”, one of the company’s first original movies. The film’s debut on the Apple TV+ streaming service will also probably be postponed, Apple said. […]

General Electric Co (GE) said on Monday that Carolina Dybeck Happe, currently Chief Financial Officer and Executive Vice President at A.P. Moller-Maersk, had been appointed as its next Senior Vice President and Chief Financial Officer, effective in early 2020. General Electric shares closed higher for a third consecutive trading session […]

Boeing Co (BA) said last week that Ann Toulouse, its current head of corporate communications, would step down from her role and retire in 2020. Toulouse, 61, is the second high-ranking female communications executive to leave the company. Boeing announced earlier this month that Linda Mills, vice president of Communications […]

Macy’s Inc (M) reported on Thursday a sharper drop in quarterly comparable sales than anticipated as a result of weak international tourism and sluggish mall traffic. The department store operator also revised down its full-year adjusted earnings forecast. Macy’s shares closed lower for a third consecutive trading session in New […]

Fiat Chrysler Automobiles NV announced on Thursday the recall of almost 700 000 Sport-utility vehicles (SUVs) internationally due to a problematic electrical connection, which could prevent vehicle engines from starting or could cause them to stall. Fiat Chrysler said that nearly 528 500 vehicles in the United States, 34 700 […]