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Shares of Sandisk and Western Digital fell hard after investors were left unimpressed by those companies’ earnings reports.
Thrive Capital founder Joshua Kushner and former Disney CEO Bob Iger stunned the sports world this week with a deal to buy the Los Angeles Lakers for a record $12.5 billion. If approved, the acquisition would provide the new owners with an iconic NBA franchise that boasts 17 championships as well as ties to legends…
CFO and COO Scott A. Roe reported a sale of 2,646 shares of Tapestry, Inc. (TPR +0.27%) on August 19, according to an SEC Form 4 filing. Transaction summary Metric Value Shares sold 2,646 Transaction value $349,000 Post-transaction shares (directly held) 68,939 Post-transaction value $9.08 million Transaction value based on SEC Form 4 weighted average…
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. The biggest force shaping graduate hiring in the U.K. remains a familiar one: cost control. Sixty-four percent of the U.K. CFOs working in FTSE 100 and FTSE 250 companies surveyed by Deloitte said broader business cost-control efforts…
Microsoft (MSFT +15.15%) stock is up 13% today on the strength of quarterly earnings that saw revenue increase 18% and cloud computing revenue exceed $100 billion for the first time. But I believe the most significant number in Microsoft’s fiscal fourth-quarter earnings report is $19.6 billion — the free cash flow the company generated despite…
Thousands told to evacuate in British Columbia’s wine region as wildfire grows By Paige Taylor White and Nivedita Balu Wildfire Crisis Escalates in British Columbia’s Wine Region Rapid Spread of the Bald Range Wildfire PENTICTON, British Columbia, Aug 8 (Reuters) – Thousands of residents in British Columbia’s wine and orchard region were ordered to evacuate…