Corporate stock

June 10, 2019 - 5:36 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But demand for...
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June 10, 2019 - 11:01 am
NEW YORK (AP) — A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The offer, announced Monday, is being led by Hudson's Bay Executive Chairman Richard Baker, Rhone Capital LLC, WeWork Property Advisors, Hanover Investment...
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FILE - In this May 10, 2019, file photo, an Uber banner hangs on the facade of the New York Stock Exchange. Uber is continuing to bleed money even as it posts dramatic revenue growth. In its first financial release since its lackluster IPO, Uber reported Thursday, May 30, that revenue rose in the first quarter of 2019, up 20% from the same time last year. (AP Photo/Richard Drew, File)
May 30, 2019 - 4:29 pm
NEW YORK (AP) — Uber is continuing to bleed money even as it posts dramatic revenue growth. In its first financial release since its lackluster debut on Wall Street, Uber reported Thursday that its revenue rose to $3.1 billion in the first quarter of 2019, up 20% from the same time last year. But...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Fiat Chrysler is proposing a merger with French carmaker Renault aimed at saving billions of dollars for both companies. (AP Photo/Gene J. Puskar, File)
May 27, 2019 - 11:19 am
PARIS (AP) — Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker and combine forces in the race to make new electric and autonomous vehicles. The merged company would reshape the global industry: it would produce some 8.7 million vehicles a...
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FILE - This July 8, 2018 photo shows Tesla 2018 Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of CEO Elon Musk. But around the middle of December 2018, investors started having doubts about the Wall Street darling’s prospects for continued growth. The stock started a gyrating fall that was among the worst in company history. (AP Photo/David Zalubowsi, File)
May 24, 2019 - 11:56 am
Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk. But around...
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FILE - In this May 17, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 23. (AP Photo/Richard Drew, File)
May 23, 2019 - 3:35 pm
The Dow Jones Industrial Average tumbled more than 350 points Thursday as investors worried that the U.S. and China are headed for a long standoff in their costly trade dispute. The broad sell-off, which followed a slide in global markets, placed the benchmark S&P 500 index on track for its...
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May 23, 2019 - 10:00 am
Shares of Tesla opened lower Thursday, a day after an influential analyst raised questions about demand for its electric vehicles and told investors that Tesla could become a restructuring story. Stock in the Palo Alto, California, company fell 3% after the opening bell to $186.97, its lowest level...
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May 22, 2019 - 6:37 pm
RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products. Shareholders of both companies would have to approve the...
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Customers sit inside a Luckin Coffee shop at a shopping center in Beijing, Saturday, May 18, 2019. Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. (AP Photo/Mark Schiefelbein)
May 18, 2019 - 4:43 am
NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in...
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FILE - In this Friday, March 29, 2019 file photo, Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, to mark trading on the Nasdaq exchange under the ticker symbol "LYFT." A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Ringo H.W. Chiu)
May 11, 2019 - 3:40 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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