Welcome to the wireless business: Analyst downgrades Dish after it wins in the T-Mobile/Sprint deal
Winning is good. That is, of course, unless you happen to "win" wireless spectrum assets from T-Mobile, according to MoffettNathanson.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Wall Street slides, bond yields rise on mixed earnings, ECB statement
U.S. stocks stumbled out of the starting gate and bond yields gained ground following mixed earnings and a rosier-than-expected statement from the European Central Bank's governor.
California, four automakers defy Trump, agree to tighten emissions rules
Four major automakers said on Thursday they have reached a voluntary agreement with the state of California on fuel efficiency rules, bypassing a Trump administration effort...
Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark
American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even...
Invisalign maker warns of slowdown in China, shares plummet 25%
Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.
China sees 2019 auto sales down 5% year-on-year: industry association
Auto sales in China are seen falling 5% year-on-year to 26.68 million units in 2019, the country's top industry association said.
Honda drivers can now get Amazon parcels delivered to the trunk of their car
Honda is the latest car company to utilize the "in-car" delivery system.
J.P. Morgan pares U.S. second quarter GDP view to 1.0%
J.P. Morgan on Thursday trimmed its prior estimate on U.S. economic growth in the second quarter to 1.00% even in the wake of a larger-than-forecast increase...
Comcast second-quarter profit beats Wall St., misses on revenue
Comcast Corp's second-quarter profit on Thursday beat Wall Street estimates as it added more high-speed internet customers, but it lost more video and phone customers than...
Exclusive: Kenya Airways goes full circle with two-year nationalization plan
Kenya will take at least 21 months to take back full control of its national carrier Kenya Airways , buying out minority shareholders and converting shares...
Hershey's tepid annual forecast overshadows quarterly profit beat
Chocolate maker Hershey Co said on Thursday its new price hikes would not add to its profit and sales in the remaining two quarters and gave...
Autogrill enters exclusive deal with Panera Bread for U.S. market
Italian caterer Autogrill said on Thursday it had signed an exclusive multi-year agreement with bakery chain Panera Bread to develop outlets in U.S. airports and motorways.
Bristol-Myers posts strong second quarter earnings as Eliquis, Orencia surprise
Bristol-Myers Squibb , which is set to buy biotechnology company Celgene Corp soon for $74 billion, posted better-than-expected second-quarter earnings on Thursday on strong sales from...
Atlanta Fed model lowers U.S. second quarter GDP estimate to 1.3%
The U.S. economy grew at a 1.3% annualized rate in the second quarter based on June data on domestic durable goods orders and advance goods trade,...
Wall Street falls after mixed earnings; ECB chief disappoints
U.S. stocks fell on Thursday after a handful of mixed earnings reports pointed to a slowing global economy, and as the European Central Bank chief's comments...