Corporate stock

November 17, 2017 - 10:52 am
NEW YORK (AP) — Shares of Stitch Fix, an online clothing styling service, jumped 14 percent in their stock market debut after the company raised $120 million in an initial public offering. The San Francisco-based company, which has nearly 2.2 million active users, ships shoppers clothing to try on...
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Specialist Mario Picone works at his post on the floor of the New York Stock Exchange, Wednesday, Nov. 15, 2017. U.S. stocks declined in early trading Wednesday as investors weighed a batch of economic data and company earnings. (AP Photo/Richard Drew)
November 15, 2017 - 3:39 pm
Technology companies led a broad slide for U.S. stocks in late-afternoon trading Wednesday, placing the market on course to extend losses from a day earlier. Consumer-focused companies also were big decliners. Energy stocks fell as the price of crude oil closed lower a day after its biggest loss...
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Trader Gregory Rowe, left, and specialist John McNierney work at the post that handles General Electric on the floor of the New York Stock Exchange, Tuesday, Nov. 14, 2017. Stocks are opening lower on Wall Street as technology companies, banks and retailers sink. (AP Photo/Richard Drew)
November 14, 2017 - 3:26 pm
Energy stocks were posting losses in late-afternoon trading Tuesday, helping drag the broader market modestly lower and erasing the small gains the market made a day earlier. Disappointing results or outlooks from retailers and other companies also weighed on the market. Utilities and consumer...
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FILE - In this Wednesday, May 18, 2016, file photo, an American flag flies over a Home Depot store location in Bellingham, Mass. The Home Depot Inc. reports financial results on Tuesday, Nov. 14, 2017. (AP Photo/Steven Senne, File)
November 14, 2017 - 8:19 am
ATLANTA (AP) — Home Depot beat Wall Street expectations for the third quarter thanks in part to natural disasters that skewed economic growth and hiring in North America. The Atlanta home improvement retailer is one of the inadvertent winners in the aftermath of Harvey and Irma, massive storms that...
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In this Monday, Nov. 13, 2017, photo provided by General Electric, GE Chairman and CEO John Flannery addresses investors at a meeting in New York. Flannery said the company is weighing the future of its transportation, industrial, and lighting businesses so that it can focus more intently on its most profitable divisions. (Eli Kabillio/General Electric via AP)
November 13, 2017 - 4:28 pm
NEW YORK (AP) — General Electric slashed its dividend in half and will attempt to vastly narrow its focus to three key sectors — aviation, health care and energy — as the conglomerate with early ties to Thomas Edison considers shedding even its historic lighting business. The company also pulled...
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November 13, 2017 - 8:45 am
CHICAGO (AP) — Brookfield Property Partners offering $14 billion to buy the remaining shares of mall owner GGP that it doesn't already own. Brookfield currently owns about 34 percent of GGP. GGP Inc. said Monday that it received an unsolicited proposal from Brookfield Property Partners LP on...
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FILE - In this July 20, 2017, file photo, SoftBank Group Corp. Chief Executive Officer Masayoshi Son, left, speaks during a SoftBank World presentation at a hotel in Tokyo. Japanese technology conglomerate SoftBank has reached a deal with Uber to invest billions in the ride-hailing giant. Uber Technologies Inc. confirmed the investment in a statement Sunday, Nov. 12, without giving details. (AP Photo/Shizuo Kambayashi, File)
November 12, 2017 - 10:45 pm
DETROIT (AP) — Japanese technology conglomerate SoftBank has reached a deal with Uber to invest billions in the ride-hailing giant. Uber Technologies Inc. confirmed the investment in a statement Sunday without giving details. But a person briefed on the deal told The Associated Press that SoftBank...
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November 10, 2017 - 6:20 pm
NEW YORK (AP) — Shares of Mattel soared in after-hours trading Friday after a report that rival Hasbro has made a takeover offer for Mattel. Such a deal could bring together well-known brands like Monopoly, Nerf, Barbie and Hot Wheels. The Wall Street Journal, citing people familiar with the matter...
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FILE - In this Tuesday, May 26, 2015, file photo, pedestrians walk by an entrance to the Time Warner Center in New York. AT&T now says it’s “uncertain” when its $85 billion Time Warner purchase will close. AT&T had maintained that the deal would be done by the end of 2017. (AP Photo/Mary Altaffer, File)
November 08, 2017 - 1:45 pm
NEW YORK (AP) — AT&T now says it's "uncertain" when its $85 billion Time Warner purchase will close, making investors worry that regulators may try to block it or require significant changes to the deal for approval. AT&T had previously maintained that the deal would be done by the end of...
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FILE - In this Thursday, Nov. 2, 2017, file photo, Broadcom CEO Hock Tan speaks as President Donald Trump listens during an event to announce the company is moving its global headquarters to the United States, in the Oval Office of the White House, in Washington. Broadcom is making an unsolicited, $130 billion offer for rival chipmaker Qualcomm. (AP Photo/Evan Vucci, File)
November 06, 2017 - 2:06 pm
NEW YORK (AP) — Broadcom made an unsolicited, $103 billion offer for rival chipmaker Qualcomm, the tech industry's largest attempted takeover that is destined to come under intense regulatory scrutiny. Qualcomm, known to consumers as the maker of Snapdragon chips found in smartphones and tablets,...
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