Vivendi plans to vote against Mediaset"s holding company plan, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Jack Ma"s Ant Mulls Creating Holding Company To Resolve Regulatory Crisis: Report
Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is considering a holding company framework for its financial operations, Bloomberg read more.....»»
Tesla has a secret plan to make its batteries cheaper, longer-lasting, and reusable (TSLA)
Reuters Tesla is working on a battery that is not only cheaper but longer-lasting and can be re-used to power homes. The company plans to hold a battery day in May, CEO Elon Musk said recently. Batteries represent an overwhelming frac.....»»
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability......»»
Magnitude Software set to add hundreds of employees in Austin despite pandemic
The company — which has taken telecommuting perhaps farther than any other company around — plans to triple its Austin workforce within 15 months. That plan has included the April hiring of its first chief marketing officer, Simon West......»»
Tesla aims to restart Fremont plant as soon as Friday: Bloomberg News
Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported on Friday, citing an email from the company to its staff......»»
Holding Its Dividend Will Keep AT&T’s Stock Safe
AT&T’s dividend is the best thing it has going for it, and there would be a price to pay if the company cut it. Luckily it does not plan on doing that......»»
Report: Neiman Marcus nearing bankruptcy deal
Neiman Marcus Group Inc. is close to a deal with lenders led by Pacific Investment Management Co. that would reduce the luxury retailer’s debt load by more than half in exchange for control of the company, Bloomberg reports. The plan would be.....»»
Norwegian Air"s shareholders vote in favour of rescue plan: DN
Norwegian Air's shareholders gave their backing on Monday to the company's financial survival plan, with about 95% of votes cast supporting the conversion of debt into equity, financial daily Dagens Naeringsliv reported on Monday......»»
Tesla will likely roll out a monthly subscription plan for customers who aren"t yet ready to drop $7,000 upfront for its self-driving technology (TSLA)
(AP Photo/Marcio Jose Sanchez, File) Tesla plans to offer its self-driving technology as a subscription service "probably towards the end of this year," CEO Elon Musk told investors during the company's quarterly earnings call on Wednesd.....»»
Vulcan"s plan fourth Yesler Terrace apartment project emerges
The company has completed two developments in the neighborhood and plans to start building the third early next year......»»
Intel stock falls after report says Apple plans to debut its own Mac chips in 2021
Apple Inc. is planning to begin selling computers that feature its own processors by 2021, according to a Thursday report from Bloomberg News. The company intends to debut at least one Mac next year that features the company's own chip but .....»»
Boeing soars on plan to reopen Seattle-area factories
Boeing Co. shares jumped after the company unveiled plans to restart jetliner manufacturing in the Seattle area next week, ending a shutdown that began last month because of the Covid-19 pandemic......»»
Exclusive: Airbus shelves plan to add new A321 assembly line
Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis......»»
Airbus shelves plan to add new A321 assembly line
Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis......»»
Coronavirus delays Royal Mail "Journey 2024" turnaround plan
Britain's Royal Mail on Friday became the latest company to say the coronavirus had delayed plans for a radical turnaround and also canceled its dividend and suspended financial forecasts for the next year......»»
Valley startup formed by WebPT exec has new CEO, pivots to new business plan
The cloud-focused company, which plans on moving to a new downtown Phoenix locati.....»»
Wesco changes plan for financing Anixter acquisition
Wesco International Inc. had planned on selling equity to fund part of its acquisition of Anixter International, but those plans have hit a snag due to the recent performance of the company's stock. The Pittsburgh-based distributor of electrical, .....»»
Exxon CEO sticks to big spending plan despite weak stock performance
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged its competitors, which are cutting costs......»»
iBio stock surges 19% premarket on hopes for plans to develop plant-based coronavirus vaccine
Shares of tiny biotech iBio Inc. surged another 19% in premarket trade Thursday, on continued strong hopes for its partnership with a Chinese company on a plan.....»»
Exxon CEO sticks to spending targets despite oil downturn
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to its spending plans even as its rivals trim costs......»»