Corporate stock

September 24, 2018 - 5:55 am
LONDON (AP) — Shares in Sky plc are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds ($39 billion). The rare auction was organized by Britain's Takeover Panel after months of offers and...
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FILE- This June 25, 2018, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 14. (AP Photo/Seth Wenig, File, File)
September 14, 2018 - 12:00 pm
NEW YORK (AP) — U.S. stocks are slightly higher Friday as banks climb but retailers and big-dividend stocks slide. The Federal Reserve said production of cars and energy jumped in August. Interest rates are climbing as investors expect continued economic growth and further interest rate increases...
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FILE- In this Aug. 22, 2018, file photo specialist Anthony Matesic, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 13. (AP Photo/Richard Drew, File)
September 13, 2018 - 3:44 pm
NEW YORK (AP) — U.S. stocks are climbing Thursday after the Labor Department said inflation slowed a bit in August. Technology companies like Apple and Microsoft made some of the largest gains after a recent bout of uncertainty, and chipmaker Qualcomm jumped after it announced a big stock buyback...
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September 13, 2018 - 7:54 am
NEW YORK (AP) — Qualcomm is buying back $16 billion of its own stock as part of a broader goal of repurchasing up to $30 billion of its shares. Shares of Qualcomm Inc. rose $1.45, or 2 percent, to $73.20, before the opening bell Thursday. The stock is up about 10 percent this year. The...
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September 12, 2018 - 10:26 pm
DETROIT (AP) — Tesla apparently is having trouble informing customers about deliveries of the Model 3 mass-market electric car. In a Twitter response to a Model 3 buyer Wednesday, CEO Elon Musk wrote that customers "may experience longer response times" because of a large increase in vehicle...
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FILE - This Aug. 8, 2018, file photo shows a Tesla emblem on the back end of a Model S in the Tesla showroom in Santa Monica, Calif. Tesla is dropping two of the seven standard colors it had offered to customers to streamline production. In a tweet early Tuesday, Sept. 11, CEO Elon Musk said obsidian black and metallic silver will still be available, but at a higher cost. Tesla fans can still get solid black and “midnight silver metallic,” as well as pearl white, deep blue metallic and red as standard color choices. (AP Photo/Richard Vogel, File)
September 11, 2018 - 1:35 pm
NEW YORK (AP) — Tesla is dropping two of the seven colors it had offered to customers as it tries to streamline production. In a tweet early Tuesday, CEO Elon Musk said obsidian black and metallic silver will still be available, but at a higher cost. Tesla fans can still choose solid black and "...
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September 11, 2018 - 7:11 am
COPENHAGEN, Denmark (AP) — The CEO of Swedish automaker Volvo Cars, owned by China's Geely holding company, says "the timing right now is not optimal" for an initial public offering, citing "an escalating trade war, tariffs and market volatility." CEO Hakan Samuelsson added in a mail to The...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Jordan Strauss/Invision/AP, File)
September 10, 2018 - 8:40 pm
NEW YORK (AP) — CBS revealed Monday that it set aside $120 million in severance for ousted chief executive Leslie Moonves. But whether he sees a penny of it is one of the tough and potentially incendiary decisions the network faces after his resignation over sexual misconduct accusations. Despite...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Jordan Strauss/Invision/AP, File)
September 10, 2018 - 12:13 pm
NEW YORK (AP) — Sizing up a future of a network without its kingmaker, Wall Street sent shares of CBS down sharply Monday, the first day of trading since the departure of Les Moonves. CBS said late Sunday, as more allegations of sexual abuse surfaced, that Moonves would be replaced and that the...
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FILE- In this June 24, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Shares of electric car maker Tesla Inc. tumbled over 9 percent as the markets opened Friday, Sept. 7, after the CEO smoked marijuana during a YouTube video podcast and the company’s accounting chief left after a month on the job. (AP Photo/Kiichiro Sato, File)
September 08, 2018 - 12:58 am
Another executive departure, another controversy over the CEO's behavior, another stock drop. Another typical day at Tesla. Although the details change, the pattern stays the same. This time, the executive departure is David Morton, chief accounting officer at Tesla Inc., who called it quits after...
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