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GM lifts outlook after plans to cut 15,000 North American workers, stock jumps

The automaker said its decision to cut jobs and close plants will boost its bottom line this year......»»

Category: topSource: foxnewsJan 11th, 2019

Tesla Lowers Q4 Profit Guidance, Unveils Plans To Cut 7% Of Work Force; Stock Slides

As Tesla's much-larger (by sales and production volumes, at least) rivals unveil their rival electric-car models at the North American Auto Show, threatening Tesla's sales .....»»

Category: blogSource: zerohedgeJan 18th, 2019

Indigo Ag to pay workers $90k on average, seek millions in incentives for Memphis move

Indigo Ag plans to open its North American headquarters in Memphis and bring 700 jobs. Here&ap.....»»

Category: topSource: usatodayDec 16th, 2018

Dow jumps more than 250 points, Tesla and GE stocks rally as Wall Street cheers Nafta pact

U.S. stock benchmarks surged early Monday after the U.S. and Canada struck a deal to revise the North American .....»»

Category: topSource: marketwatchOct 1st, 2018

German sensor maker eyes tech campus near MOA; plans to add 1,500 jobs by 2035

Sick AG, which has its North American headquarters in Bloomington, is planning a major expansion near the Mall of America, though it's also considering Houston......»»

Category: topSource: bizjournalsMar 14th, 2019

Toyota to invest $228M in Alabama plant, create 450 new jobs

Toyota Motor Corp. (NYSE: TM) is upping its investments in its North American operations, including Alabama. Toyota Motor Manufacturing Alabama plans to invest $228 million in its Huntsville plant, creating 450 new jobs in the process. This will be t.....»»

Category: topSource: bizjournalsMar 14th, 2019

Toyota to invest $3B more in U.S. manufacturing operations

Toyota plans to invest $3 billion more in U.S. manufacturing plants as the Japanese automaker bolsters its North American pr.....»»

Category: topSource: usatodayMar 14th, 2019

Market Extra: Why stock-market bulls aren’t cheering accelerating wage growth

What’s good for American workers isn’t necessarily good for corporations. Analysts warn that higher wages could contribute to an increasingly depressing picture for corporate earnings growth in 2019......»»

Category: topSource: marketwatchMar 8th, 2019

Zscaler jumps 22% to new high on surprise results and outlook

Zscaler Inc. rocketed to a record closing price of $60.57 on Friday after its second quarter results and outlook came in better than analysts expected on Thursday.  The San Jose cloud-based cybersecurity company's stock jumped by 22 percent, rai.....»»

Category: topSource: bizjournalsMar 1st, 2019

Trade chief courts auto union to back North American trade pact

U.S. Trade Representative Robert Lighthizer and his staff will head to Michigan next week to meet with United Auto Workers union leaders in an effort to win labor backing for a new North American free trade deal, the union said on Friday......»»

Category: topSource: moneycentralMar 1st, 2019

U.S. trade chief courts auto union to back North American trade pact

U.S. Trade Representative Robert Lighthizer and his staff will head to Michigan next week to meet with United Auto Workers union leaders in an effort to win labor backing for a new North American free trade deal, the union said on Friday......»»

Category: topSource: reutersMar 1st, 2019

Roku Stock Jumps on Fourth-Quarter Earnings and 2019 Outlook

The TV streaming firm reported better-than-expected results for its latest quarter. The company expects to hit $1 billion in revenue this year......»»

Category: topSource: barronsFeb 22nd, 2019

Yeti"s stock jumps after profit rises above expectations, while sales match

Shares of Yeti Holdings Inc. shot up 6.3% in premarket trade, as the newly public drinkware company reported a fourth-quarter profit that beat expectations, and provided an upbeat 2019 outlook. Net income for the.....»»

Category: topSource: marketwatchFeb 14th, 2019

Bloomin" Brands stock jumps after profit and Outback sales, outlook top expectations

Shares of Bloomin' Brands Inc. ran up 6.6% in premarket trade Thursday, af.....»»

Category: topSource: marketwatchFeb 14th, 2019

Earnings Watch: Shopify stock falls after outlook disappoints, Activision tries to break from ‘Fortnite’ curse

Shopify Inc. continues to benefit from growing interest in e-commerce, but the company’s spending plans seem to be giving investors some pause......»»

Category: topSource: marketwatchFeb 12th, 2019

Trump’s Artificial Intelligence Initiative Needs to Show Us the Money

Initiative lacks specifics about how much the U.S. plans to invest in automation and its effects on American workers. President Donald Trump’s executive order executiv.....»»

Category: europeSource: fortuneFeb 11th, 2019

Twitter stock falls after light outlook, plans to phase out monthly-active-user metric

Twitter Inc. shares are down 8% in premarket trading after the company beat expectations with its fourth-quarter fi.....»»

Category: topSource: marketwatchFeb 7th, 2019

China sales buoy Toyota"s profit, but U.S. weakness persists

Toyota Motor Corp's quarterly profit edged up as demand for its bread-and-butter car models from cost-conscious Chinese buyers helped offset bleak North American sales, although the firm's shares slipped as it cut its annual net income outlook......»»

Category: topSource: reutersFeb 6th, 2019

Pindoudou plans secondary offering

Pinduoduo Inc. said late Tuesday that it planned to sell 37 million of its American Depositary Shares. Pinduoduo stock was down 6.9% in after-hours trading Tuesday. The Chinese e-commerce company .....»»

Category: topSource: marketwatchFeb 5th, 2019

U.S. job growth jumps; unemployment rate rises to 4.0 percent

U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite a darkening outlook that has left the Federal Reserve wary about more interest rate hikes this year......»»

Category: topSource: reutersFeb 1st, 2019

Xerox"s stock jumps after earnings beat, upbeat outlook

Shares of Xerox Corp. rallied 3.7% in premarket trade Tuesday, after the print technologies company beat fourth-quarter earnings expectations and provided an upbeat 2019 outlook. The company swung to net income of $137 million, or 56 cents a share, from .....»»

Category: topSource: marketwatchJan 29th, 2019