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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.....»»

Category: blogSource: theflyonthewallAug 20th, 2019

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.....»»

Category: blogSource: benzingaDec 29th, 2020

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.....»»

Category: topSource: businessinsiderMay 14th, 2020

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......»»

Category: topSource: reutersMay 13th, 2020

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......»»

Category: topSource: bizjournalsMay 11th, 2020

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......»»

Category: topSource: reutersMay 8th, 2020

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......»»

Category: blogSource: 247wallstMay 5th, 2020

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.....»»

Category: topSource: bizjournalsMay 4th, 2020

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......»»

Category: topSource: reutersMay 4th, 2020

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.....»»

Category: topSource: businessinsiderApr 30th, 2020

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......»»

Category: topSource: bizjournalsApr 30th, 2020

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 .....»»

Category: topSource: marketwatchApr 23rd, 2020

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......»»

Category: topSource: moneycentralApr 16th, 2020

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......»»

Category: topSource: reutersApr 10th, 2020

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......»»

Category: topSource: reutersApr 10th, 2020

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......»»

Category: topSource: reutersMar 27th, 2020

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.....»»

Category: topSource: bizjournalsMar 26th, 2020

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, .....»»

Category: topSource: bizjournalsMar 11th, 2020

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......»»

Category: topSource: reutersMar 5th, 2020

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.....»»

Category: topSource: marketwatchMar 5th, 2020

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......»»

Category: topSource: reutersMar 5th, 2020