Target Corporation (NYSE: TGT) on Wednesday announced quarterly profit that fell short of analysts’ estimates, sending its shares down more than 5 percent.The retailer said total revenue rose 3.5 percent to $16.56 billion in the quarter ended ...

• 40
• 0

The New York Stock Exchange announced Tuesday that, effective as of Friday, Stacey Cunningham, who is currently NYSE’s Chief Operating Officer, will become the exchange's first woman president in its 226-year history.When Cunningham starte...

• 32
• 0

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per...

• 36
• 0

General Electric Co.’s (NYSE: GE) transportation unit and Wabtec Corporation (NYSE: WAB) announced a merger deal valued at approximately $11.1 billion. The transaction will make Wabtec a Fortune 500 as well as establishing itself as a global l...

• 35
• 0

Baidu Inc. (NASDAQ: BIDU) on Friday announced that Qi Lu will step down from chief operating officer, sending the stock down more than 7 percent.Lu, a former executive at Microsoft, joined Baidu in January 2017. The company said Lu will no longer se...

• 730
• 0

Campbell’s Soup Company (NYSE: CPB) shares plummeted on Friday after its Chief Executive Officer Denise Morrison abruptly resigned and its weaker-than-expected fiscal outlook. Shares fell by 11.3 percent after the opening bell.Morrison served ...

• 642
• 0

It is Morgan Stanley (NYSE: MS) prediction that stocks may rally for one more time during summer 2018 prior to hitting an all-time high in the latter months. The company cited a number of positives which are fast degenerating into negatives. Inflati...

• 521
• 0