holdings

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Shares of Booking Holdings Inc. (NASDAQ: BKNG) plummeted the most in nine months after the online travel giant said on Thursday that its third quarter earnings would be well below Wall Street estimates.Booking reported quarterly earnings of USD 20.6..

Travel Firm Booking Invests USD 500 Million in Chinese Ride-hailing Didi Chuxing

Travel Firm Booking Invests USD 500 Million in Chinese Ride-hailing Didi Chuxing

Travel agency, Booking Holdings Inc. (NASDAQ: BKNG), invested USD 500 Million into China’s largest ride-hailingCompany, Didi Chuxing, on Tuesday. The deal will have Booking integrate and offer on-demandcar services through its Booking.com apps..

Sears stock jumps after announcing partnership with Amazon

Sears stock jumps after announcing partnership with Amazon

Sears Holdings Corp. (NYSE: SHLD) Stocks jumped 15.9% to $3.20 after it announced a partnership with Amazon.com, Inc. (NASDAQ: AMZN) on Wednesday. It will use the e-commerce giant’s platform to sell its DieHard tires and connect with cust..

Sears Shares Rise on CEO Offer to Buy Kenmore

Sears Shares Rise on CEO Offer to Buy Kenmore

Sears Holdings Corp. (NASDAQ: SHLD) Chief Executive Officer Edward Lampert is offering a bid to purchase Kenmore appliance brand after struggling to find a buyer in efforts to save what’s left of the company. Shares rose by as much as 8 percen..

Xerox to Merge with Fuji Xerox in Joint Venture

Xerox to Merge with Fuji Xerox in Joint Venture

On Wednesday, FUJIFILM Holdings Corporation and Xerox Corporation (NYSE: XRX) announced that Xerox will merge with Fuji Xerox in joint venture.Fuji Xerox joint venture was a joint venture partnership between the two companies. Established in 1962, t..

Sears Raises $100 Million in Financing & Cut $200 Million Costs

Sears Raises $100 Million in Financing & Cut $200 Million Costs

On Wednesday, Sears Holdings Corp (NASDAQ: SHLD) announced that they have secured $100 million in new financing and will try to cut an additional $200 million in costs this year as the retailer tries to regain footing after a big sales drop during t..

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Global Management, LLC (NYSE: APO) along with Värde Partners, Inc. announced on Thursday that they have entered into a definitive agreement with Fortress Investment Group LLC to acquire its remaining equity interest in OneMain Holdings I..