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Category: Enterprise


Enterprise, Industries, Retail & Wholesale

Nike rallies after profits show signs of bouncing back from pandemic

September 23, 2020

Via: Fortune

Nike Inc. rallied in late trading after the world’s largest sportswear maker returned to profit and posted far better revenue than predicted, a sign it’s swiftly bouncing back from the pandemic slump. Revenue amounted to $10.6 billion in its fiscal […]


Enterprise, Industries

Volkswagen is the latest carmaker to tap the red-hot green-bond market to fund its EV ambitions

September 16, 2020

Via: Fortune

Volkswagen AG is making its green-bond debut, about two weeks after Daimler AG, as automakers tap socially responsible investors to help pay for the hugely expensive shift to electric vehicles. The maker of VW and Audi brand cars is offering […]


Enterprise, Finance Tech, Industries, Trading

Kodak jumps 62% after D.E. Shaw discloses stake in the company

September 1, 2020

Via: CNBC

Eastman Kodak’s recent roller-coaster ride continued on Tuesday as shares surged 40% on the back of D.E. Shaw establishing a position in the company. A filing with the Securities and Exchange Commission on Monday night showed that the hedge fund […]


Enterprise, Finance Tech, Industries, Trading

Tesla announces plans to sell up to $5B in new stock shares

September 1, 2020

Via: ABC News

DETROIT — A day after its 5-for-1 stock split took effect, Tesla is announcing plans to sell up to $5 billion worth of common shares. The electric car and solar panel maker says in a filing with securities regulators that […]


Enterprise, Industries

A key indicator of Tesla’s China business fell 24% last month

August 17, 2020

Via: Fortune

Registrations of locally made Tesla Inc. vehicles in China fell in July from the previous month as competition intensified in the world’s largest electric-car market. In July, 11,456 China-built Teslas were registered in the country, according to data from state-backed […]


Enterprise, Industries

Apple’s $44 billion China market threatened by Trump WeChat ban

August 13, 2020

Via: Fortune

Apple spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that in doubt. IPhone loyalists across China are now reconsidering their attachment to the device after Donald Trump issued an executive […]


Enterprise, Industries

Kodak shares tank more than 40% as government loan is put on pause while allegations investigated

August 10, 2020

Via: CNBC

Shares of Eastman Kodak plunged more than 40% during premarket trading on Monday after a federal agency said it was reviewing a previously announced $765 million loan for the onetime photography pioneer to produce drug ingredients. “Recent allegations of wrongdoing […]


Enterprise, Industries

Apple beats on earnings and announces stock split, sending shares toward record high

July 31, 2020

Via: Market Watch

Apple Inc. brushed off the COVID-19 crisis to report record results Thursday, and the company said it plans to split its stock in an attempt to make it “more accessible to a broader base of investors.” Apple shares AAPL, +1.21% […]


Enterprise, Industries

General Electric shares rise after second-quarter revenue is slightly better than expected

July 29, 2020

Via: CNBC

General Electric reported on Wednesday a revenue figure for the second quarter that slightly beat analyst expectations, sending the stock higher. However, the industrial giant’s bottom line took a bigger-than-expected hit as the company weathers the coronavirus pandemic. Here’s how […]


Enterprise, Industries

Tesla stock rises, as blowout earnings prompt both bulls and bears to boost price targets

July 23, 2020

Via: Market Watch

Shares of Tesla Inc. rose Thursday after a blowout earnings report late Wednesday, leading a host of Wall Street analysts, bulls and bears alike, to increase their price targets for the stock. The average target remained well below current prices, […]