investing

Tesla to Build a Plant in China

Tesla to Build a Plant in China

Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..

AT&T Raises Prices After Time Warner Acquisition

AT&T Raises Prices After Time Warner Acquisition

Two months ago, AT&T (NYSE: T) said, in a court filing, that its TV prices would lower upon acquiring Time Warner. Despite arguments from the U.S. Department of Justice that the acquisition of Time Warner would lead to higher prices for consumer..

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

Interpublic Group (NYSE: IPG) announced on Monday that it has entered into an agreement with Acxiom Corporation (NASDAQ: ACXM) to acquire its marketing solutions business unit for an all cash deal valued at USD 2.3 Billion.The deal combines IPG&rsqu..

Schnitzer Steel Industries Release Financial Report for the Third Quarter

Schnitzer Steel Industries Release Financial Report for the Third Quarter

On Tuesday, Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced its financial results for the third quarter of fiscal 2018.Revenue for the company was $530 million, increasing 37.7% from $385 million for the same period last year. Total profit..

Sonic's Shares Dropped After Revenue Missing Estimates

Sonic's Shares Dropped After Revenue Missing Estimates

Sonic Corp. (NASDAQ: SONC) released its financial results for the third quarter of fiscal 2018. With earnings beating expectations but revenue missing estimates, shares of the company dropped 7% in the extended session on Tuesday.“Our third qu..

FactSet Research Systems' Third-Quarter Earnings Beat Estimates

FactSet Research Systems' Third-Quarter Earnings Beat Estimates

On Tuesday, FactSet Research Systems Inc. (NYSE: FDS), announced its financial results for the third quarter of fiscal 2018.“We are making progress integrating and cross selling our acquisitions resulting in important wins this quarter, partic..

UPS invests $130 million into natural gas vehicles and fueling stations

UPS invests $130 million into natural gas vehicles and fueling stations

United Parcel Service, Inc. (NYSE: UPS), one of the largest U.S. shipping companies, announced today in a press release that they have plans to build an additional five compressed natural gas fueling stations and more than 700 new compressed natural..