Business

European stocks lower as US-China trade row escalates

Looking across the European benchmark, Adidas was up by more than 7 percent after reporting its latest earnings. Adidas showed stronger-than-anticipated second-quarter net profit, despite taking an impairment charge on its struggling Reebok brand. Pandora shares were also up by about 3 percent after its CEO announced he can be leaving his position. This kind of followed a profit warning ...

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Adidas reports rise in second-quarter net profit, confirms full-year outlook

German sportswear firm Adidas reported stronger-than-anticipated second-quarter net profit on Thursday, with the company saying of which remains firmly on track to hit its full-year targets despite taking an impairment charge on its struggling Reebok brand. Net profit over the second quarter rose 20 percent to 418 million euros ($485 million), beating analyst expectations of 387 million euros. Kasper Rorsted, ...

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Danish jeweller Pandora’s chief executive steps down after profit warning

Carsten Snejbjerg/Bloomberg via Getty Images Anders Colding Friis, chief executive officer of Pandora AS, poses for a photograph in his office at the company’s headquarters in Copenhagen, Denmark, on Monday, July 9, 2018. Pandora designs, manufactures, markets, as well as also distributes hand finished as well as also modern jewelry made by primarily sterling silver, gold, as well as also ...

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U.S. doctor’s group opposes merger of CVS along with Aetna

Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Aetna headquarters in Hartford, Connecticut. The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health’s plan to buy insurance provider Aetna, saying the deal could result in higher prices for prescription medicines. The AMA said of which the $69 billion deal, ...

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Jack inside Box’s brand-new commercial can be sparking controversy on Twitter

The burger chain Jack inside Box has drawn criticism for its brand-new TV commercial, which features not-so-subtle references to male genitalia. The ad for the company’s brand-new Teriyaki Bowls riffs off the word “bowls” in addition to how similar of which sounds to a slang term for testicles. The ad’s wink-wink attitude during a time when many people are coming ...

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SEC has reportedly made inquiries to Tesla over Elon Musk’s tweet about possibly taking company private

The U.S. Securities in addition to Exchange Commission has made inquiries to Tesla over CEO Elon Musk’s tweets about taking the company private, reported Dow Jones on Wednesday, citing sources. On Tuesday, Musk said on Twitter that will he was considering taking Tesla private at $420 a share, in addition to that will he had already secured the funding. nevertheless ...

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Musk tweet sparks debate on Tesla leadership

As a corporate governance expert, Atkins also sits on the board of at least four public companies, including Cognizant, Wynn Resorts, SL Green Realty as well as also Schneider Electric, as well as the privately held Volvo Cars. “Tesla’s board knows they have a rogue CEO. Why aren’t they doing more?” Atkins said Wednesday on CNBC’s “Squawk on the Street,” ...

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Twitter’s Jack Dorsey to Sean Hannity on ‘shadow banning’

“There’s a lot of nuance to This specific,” Dorsey said. “This specific will be definitely not easy yet we’re trying to approach This specific using a very simple goal which will be how do we earn more trust.” Earlier This specific week Twitter stood as the only major social media network not to remove or ban InfoWars’ Alex Jones. The ...

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Stocks producing the biggest moves after hours: Yelp, Roku & more

Check out the companies producing headlines after the bell: Yelp’s stock jumped more than 11 percent within the extended session after the company reported strong second-quarter results. The San Francisco-based company beat estimates for its top along with bottom lines, reporting earnings of 12 cents per share along with revenues of $235 million. Wall Street expected This particular to earn ...

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