mat

American Airlines Announced Q4 Results, Shares Fell

American Airlines Announced Q4 Results, Shares Fell

On Thursday, American Airlines Group Inc. (NASDAQ: AAL) announced its financial results for the fourth quarter of 2017, with revenue in line with estimate and earnings beating estimates. However, shares of the company dropped 3.1% to $53.07 per shar..

Royal Caribbean Cruises Beat on Q4 Results

Royal Caribbean Cruises Beat on Q4 Results

Royal Caribbean Cruises Ltd. (NYSE: RCL) posted its results for the fourth quarter of 2017 on Wednesday, and provided guidance for the fiscal year 2018. With both earnings and revenue beating estimates, shares of the company increased 5.92% to $134...

M&T Bank Corporation Beats on Fourth-Quarter Results

M&T Bank Corporation Beats on Fourth-Quarter Results

On Thursday, M&T Bank Corporation (NYSE: MTB) posted its results for the fourth quarter, with both revenue and earnings beating estimates.According to the company, for the fourth quarter, revenue of the bank increased from $1.35 billion for the ..

New York City Files Lawsuit Against Exxon, BP, Chevron

New York City Files Lawsuit Against Exxon, BP, Chevron

The City of New York said on Wednesday that it will be suing BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), and Royal Dutch Shell plc (NYSE: RDS.A) in an attempt to hold oil and gas producers responsible for..

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric Co. (NYSE: EMR) announced on Tuesday that it has withdrawn its bid for Rockwell Automation (NYSE: ROK) that was valued you at $29 billion. Emerson offered a proposal to Rockwell on November 16.Emerson offered $225 per share, co..

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel, Inc. (NASDAQ: MAT) shares fell in late trading following a rejection from the possible Hasbro, Inc. (NASDAQ: HAS) takeover, a deal that could’ve created the largest American toymaker. Mattel claims that the proposal undervalues the com..

Hasbro to Acquire Mattel

Hasbro to Acquire Mattel

Hasbro (NASDAQ: HAS) has announced plans to buy Mattel (NASDAQ: MAT) in an attempt to combine the two biggest U.S. toymakers in more than two decades. By uniting Hasbro’s My Little Pony, Nerf, and Monopoly brands with Matter’s Barbi..