Corporate stock

March 11, 2019 - 7:32 am
SAN FRANCISCO (AP) — Levi Strauss plans to raise up to $587 million in an initial public offering of company shares. The San Francisco company said Monday that it's offering approximately 9.5 million shares, while selling stockholders are offering about 27.2 million shares. The stock is expected to...
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FILE - In this May 5, 2015, file photo, Lyft co-founder Logan Green speaks at TechCrunch Disrupt NY event, in New York. Ride-hailing giant Lyft is releasing financial details about the company in a federal filing before it begins selling its stock to the public. (AP Photo/Richard Drew, File)
March 01, 2019 - 6:02 pm
NEW YORK (AP) — Lyft is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing. The company released its financial details for the first time on Friday, giving the public a glimpse into its performance...
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FILE- In this Feb. 23, 2018, file photo sales associate Larry Wardford, of Holliston, Mass., places items on selves at a Lowe's retail home improvement and appliance store, in Framingham, Mass. Lowe's Companies, Inc. reports financial results Wednesday, Feb. 27, 2019. (AP Photo/Steven Senne)
February 27, 2019 - 6:33 am
MOORESVILLE, N.C. (AP) — Lowe's swung to a loss in its fourth quarter, weighed down sizeable one-time charges and a lethargic housing market. The home improvement company lost $824 million, or $1.03 per share. That includes $1.6 billion in charges, most from a $952 million goodwill impairment...
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February 26, 2019 - 3:36 pm
THE HAGUE, Netherlands (AP) — The Dutch government has bought more than 12 percent of shares in the holding company for the Air France-KLM alliance, a move intended to give it more influence over the uneasy airline partnership's future. Dutch Finance Minister Wopke Hoekstra announced Tuesday that...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Stock market regulators are asking a federal court to hold Musk in contempt for violating an agreement requiring him to have his tweets about key company information reviewed for potentially misleading claims. The request made Monday, Feb. 25, 2019 in New York resurrects a dispute between the Securities and Exchange Commission and Musk that was supposed to have been resolved with a settlement reached five months ago. (AP Photo/Kiichiro Sato, File)
February 26, 2019 - 12:50 pm
DETROIT (AP) — Tesla CEO Elon Musk has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court. U.S. District Judge Alison Nathan issued an order Tuesday after federal securities regulators asked the court to hold Musk in contempt for violating the...
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February 25, 2019 - 8:41 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court...
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February 25, 2019 - 8:29 am
BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. Danaher said after tax benefits,...
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Kraft Heinz
Photo by Xinhua/Sipa USA
February 22, 2019 - 9:35 am
PITTSBURGH (AP) — Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company's biggest single-day decline, after posting a stunning $12.6 billion loss...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 12:45 pm
CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of its business while blending in a major acquisition and attempting to change how customers use its stores. The drugstore chain and pharmacy benefit manager also is dealing with...
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FILE -- In this Tuesday, Sept. 18, 2018 photo the 'wirecard' company headquarters is pictured in Ascheim, Germany. Germany's financial market regulator has issued a two-month ban on short-selling shares in Wirecard AG, whose stock has swung sharply in recent months. (Peter Kneffel/dpa via AP)
February 18, 2019 - 12:38 pm
BERLIN (AP) — Germany's financial market regulator issued a two-month ban Monday on short-selling shares of payment service provider Wirecard AG, whose stock has swung sharply in recent months. The regulator said creating new net short positions or increasing existing net short positions in...
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