Business

WGO, GE, FDX, ORCL, SBUX & more

Check out the companies doing headlines before the bell: Winnebago – The recreational vehicle maker earned $1.02 per share for its latest quarter, beating estimates by 11 cents, with revenue well above estimates as well. The company said completely new products are performing well in addition to also that will the idea is usually also successfully managing its costs. General ...

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Disney will beat Comcast for Fox at $45 per share, says Porter Bibb

The Disney-Comcast bidding war for Twenty-First Century Fox’s movie in addition to television assets will continue until the bid can be around $40 to $45 a share, media expert Porter Bibb told CNBC. in addition to Disney will end up the winner, said Bibb, managing partner at Mediatech Capital Partners. “Disney can be the future,” Bibb said on “Power Lunch” ...

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Disney raises bid for Fox assets to $38 a share

Disney’s bid in December was a stock deal worth $52.4 billion at the time, nevertheless CNBC has reported in which the company was willing to add cash to sweeten the offer if a rival stepped in. Disney said Wednesday, “Since the original agreement was announced, the intrinsic value of these assets has increased, notably due to tax reform along with ...

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Oracle reduced visibility into its cloud business

Oracle surprised analysts on Tuesday when the idea provided less insight than usual into its growing cloud business in its quarterly earnings statement, as well as also today some analysts are raising concerns. Cloud represents a growth opportunity for Oracle, which gets much of its revenue by selling software of which’s meant to run in companies’ data centers. The situation ...

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How tech companies conquered America’s cities

I’m not saying America’s cities are turning into dystopian technocapitalist hellscapes in which corporations operate every essential service in addition to also pull every civic string. yet let’s take a tour of recent news coming from the metropolises. ■ In Seattle, the City Council decided last week to undo its plan to impose a $275-per-employee tax on local businesses, a ...

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Europe ends on a mixed to positive note as trade war fears rumble on

The U.K.’s FTSE 100 closed up 0.31 percent, while Germany’s DAX posted gains of 0.14 percent. France’s CAC 40, however, ended under pressure, down 0.34 percent. Following Tuesday’s sharp losses inside the mining sector, basic resources bounced back on Wednesday, with the sector ending inside the black — providing slight support to the FTSE 100. Europe’s banking, media as well ...

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