Markets
Herbalife (HLF) Settles FTC Charges for $200 Million; Stock Soars
Herbalife Ltd. (NYSE:HLF) agreed to pay $200 million and to fully structure its business operations in the United States to settle the charges filed by the Federal Trade Commission (FTC).
The stock price of Herbalife...
Markets
Monsanto Shares Soar after Bayer Raises its Acquisition Offer
The shares of Monsanto Company (NYSE:MON) are trading higher today after Bayer AG (ETR:BAYN) increase its acquisition offer and also proposed a $1.5 billion reverse anti-trust break fee.
The stock price of Monsanto surged almost...
Markets
Tesla (TSLA) Introduces Lower-Priced Version of Model X
Tesla Motors Inc (NASDAQ:TSLA) introduced a lower-priced version of its Model X crossover with a shorter range. This is the second time the electric car manufacturer reduced prices after missing its sales target, which...
Markets
U.S. Stock Markets Erase Brexit-Triggered Losses on Strong Jobs Data
The stock markets in the United States recovered losses triggered by the Brexit vote on Friday on strong jobs data for the month of June. In fact, the American economy recorded its highest job...
Markets
PepsiCo (PEP) 2Q Earnings Beat Estimates; Stock Rises
The shares of PepsiCo, Inc. (NYSE:PEP) are trading higher today after reporting earnings for the second quarter that beat the expectations of Wall Street analyst. The company also increased its forecast for 2016.
The stock...
Markets
More Than 500,000 Hoverboards Recalled Due to Fires
The Consumer Product safety Commission (CPSC) said more than 500,000 units of self-balancing scooters/hoverboards have been recalled due to risks of the product catching fire or exploding that could cause injuries to consumers.
The self-balancing...
Markets
Canadian Consumer Confidence Down Significantly after Brexit Turmoil
The consumer confidence in Canada suffered that biggest decline in one year after the Brexit vote, according to the Bloomberg.
The index showed that Canadian’s sentiment in the domestic economy, housing prices, and job security...
Markets
Tesla 2Q Vehicle Deliveries Miss Expectations Due to Extreme Production Ramp
Tesla Motors Inc (NASDAQ:TSLA) disclosed that it delivered 14,370 vehicles including 9,745 Model S and 4,625 Model X in the second quarter of this year. The electric car manufacturer missed its delivery forecast of...
