August 6, 2018

Sempra Energy CEO ‘very optimistic’ about talks with Elliott Management

Sempra Energy’s Chief Executive Jeffrey Martin told investors on Monday the company was in a “constructive dialogue” with activist investor Elliott Management, which has been pushing […]
August 6, 2018

Marriott sees revenue weakness in third quarter, shares fall

Marriott International Inc on Monday signaled weakness in revenue per available room (revPAR) in North America, its largest market, for the third quarter, sending shares of […]
August 6, 2018

Global stocks lift on strong earnings as trade fight caps gains; sterling slumps

Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains […]
August 6, 2018

U.S. argues judge failed to take its arguments into account in AT&T trial

The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s purchase of Time Warner failed to take into account how companies […]
August 6, 2018

Wall Street closes higher as strong earnings cheer investors

The three major U.S. stock indexes closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook […]
August 6, 2018

Exclusive: Mattress Firm explores U.S. bankruptcy to close stores – sources

Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways to get out of costly store leases and […]
August 6, 2018

Tyson Foods beats profit estimates on strong beef demand

Tyson Foods Inc beat analysts’ quarterly profit estimates on Monday as the No. 1 U.S. meat processor reported a record operating income for its beef business […]
August 6, 2018

Oil rises after OPEC sources say Saudi crude output fell

Oil futures gained on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States […]
August 6, 2018

Sprint, T-Mobile in early stages of regulatory review, no decisions yet: source

U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US Inc’s plan to buy Sprint Corp for $26 billion, and have reached no conclusions […]
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