Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm
By Deborah Mary Sophia and Abigail Summerville (Reuters) -Tempur Sealy International Inc said on Tuesday it would buy retailer Mattress
2023-05-10 00:46
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping
2023-05-09 20:46
Tempur Sealy to Buy Mattress Firm for About $4 Billion
Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal
2023-05-09 20:46
Fox beats estimates for quarterly revenue
Broadcaster Fox Corp beat estimates for third-quarter revenue on Tuesday, as recession-wary companies continued to advertise on its
2023-05-09 20:26
Nikola to pause truck production after posting bigger quarterly loss
Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the
2023-05-09 20:16
Credit Suisse CEO Ulrich Körner to join UBS board
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
2023-05-09 19:48
Fisker cuts production forecast as challenges mount for EV startups
(Reuters) -Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to
2023-05-09 19:47
Under Armour sees 2024 sales, profit below estimates as demand slows
Under Armour Inc forecast annual sales and profit below Wall Street expectations on Tuesday in a sign that
2023-05-09 19:25
Why bank stocks are so unstable
The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March.
2023-05-09 19:24
PacWest, Western Alliance lead slide in regional bank stocks
Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as
2023-05-09 18:56
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell
2023-05-09 18:52
Tesco Defends Chairman John Allan After Report of Inappropriate Behavior
Tesco Plc is standing by its Chairman John Allan after he was accused of inappropriate behavior by four
2023-05-09 18:50