Franchise News
Wells Fargo Accused Of Fraudulent Banking Practices, Including Withdrawing Money From Customers Without Permission
Walt Disney Quarterly Profits Surpass Estimates With Consumer Product And Theme Park Revenue
Sprint Remains The Third Largest Mobile Network Company In The United States
Mobile network company Sprint remains the third largest major carrier within the industry, following an almost six-month-long period of increased subscriptions.
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Deutsche Bank AG Hit With $2.5 Billion Fine For Alleged Participation In Libor Rigging Scandal
Deutsche Bank AG, one of the world's largest finance institutions, has been ordered to pay a $2.5 billion fine for its alleged participation in a Libor rigging scandal.
Facebook's Revenue Rises 42 Percent In First Quarter, Despite Losses From Rising US Dollar
Facebook's revenue rose 42 percent in the first quarter of fiscal year 2015, despite losses from the rising United States dollar.
NBCUniversal, Walt Disney Co. And Fox Oppose Verizon’s New FiOS Television Service
NBCUniversal, Walt Disney Co. and 21st Century Fox officials are vocalizing their opposition to Verizon's newest FiOS television service, which provides lower-priced and customizable packages for customers.
Comcast Officials Defend Time Warner Cable Merger, Claim Transaction Will 'Bring Substantial Benefits To Consumers'
Comcast officials continue to back their proposed merger with Time Warner Cable, despite recent claims that the deal may not receive approval from the United States Department of Justice and the Federal Communications Commission.
Raytheon Corp. Boosts Integrated Defense Systems With Websense Acquisition
Raytheon Corp. officials have purchased the information security company Websense for a total of $1.9 billion, the Boston Globe reports, mentioning that the Massachusetts-based defense contractor is looking to boost its cyber security selections.
Etsy Shares Surge To $35.73 During Opening Trading, Company Valued At $3.33 Billion
Shares of Etsy, the peer-to-peer e-commerce website known for the sale of vintage and handmade products, surged to $35.73 during opening trading on Thursday, surpassing its expected $16 pricing.
Netflix Shares Surge 12 Percent, Surpassing CBS Corp. In Market Capitalization
Netflix shares increased by 12 percent in after-hours trading on Tuesday, surpassing CBS Corp.'s most recent market capitalization figures.
Best Buy Shares Increase Following Announcement Of Board Chairman Hatim Tyabji's Retirement
Shares of Best Buy increased by 0.8 percent to $38.64 during after-hours trading on Monday, after company officials announced that Board Chairman Hatim Tyabji will be retiring on June 9, The Street reports.
New Target Corp. Senior Vice President Anne Dament Expected To Revamp Retail Company's Food Business
Target's new senior vice president Anne Dament is expected to revamp the retail company's merchandise with food and essentials division, the Associated Press reports, mentioning that the role has remained vacant since late 2014.
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