Franchise News
Deutsche Bank AG Hit With $2.5 Billion Fine For Alleged Participation In Libor Rigging Scandal
Time Warner Cable Inc. Could Be A Buyer Or Seller In Future Business Plans, Says CEO Rob Marcus
Time Warner Cable Inc. Chief Executive Officer Robert Marcus has revealed that the telecommunications company could emerge as a buyer or seller following its merger breakup with Comcast Corp., the Wall Street Journal reports.
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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.
Nokia Oyj Officials Explore Possibility Of Acquiring France's Alcatel-Lucent
Nokia Oyj officials are exploring the possibility of acquiring France-based Alcatel-Lucent, a global telecommunications equipment company, Bloomberg reports.
Netflix Ranked Best Performing Stock On S&P 500 Index Following Recent Analyst Upgrade
On-demand internet streaming media service Netflix was ranked as the best performing stock in the S&P 500 index on Monday, the Financial Times reports, following a recent analyst upgrade on the company's stock.
Volkswagen Employees Ask Company Leadership To Focus On Operating Business Successfully, Not On Leadership Power Struggles
Volkswagen workers are asking the automotive company's leadership to focus on continuing to operate business successfully and not on power struggles between high-ranking officials, Agence France-Presse reports.
Energy Companies To Receive Tougher Regulations On Offshore Oil And Natural-Gas Drilling Equipment
United States energy companies are expected to receive tougher regulations on offshore oil and natural-gas drilling equipment.
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