Nelson Peltz's hedge fund has sold its stake in Starbucks, easing pressure on the company's turnaround efforts.
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The company accepts Frank Biondi and John Chapple to the board.
Gannett is eliminating 1,000 jobs, including 600 layoffs, across its newspaper operations, a company spokeswoman said Thursday.
Autodesk (ADSK) shares have rallied sharply in late trading on better-than-expected results for its fiscal second quarter ended July 31. For the quarter, ADSK posted revenue of $620 million and non-GAAP profits of 56 cents a share; the Street had expected $606.1 million and 52 cents. For Q3, the company sees revenue of $625 million and non-GAAP EPS of 54-56 cents; the Street had been looking fo...
LOS ANGELES (AP) -- McClatchy Co., the second-largest U.S. newspaper publisher, is freezing pay across the company for a year starting Sept. 1 in the latest effort to hold down costs....
SEATTLE (AP) -- Yahoo Inc. said Thursday it will add the former chief executives of Viacom and Nextel Partners to its board of directors as part of the company's deal to ward off a proxy fight with billionaire investor Carl Icahn....
The company benefited from exchange rates and sales of 3-D design software.
Shares of Kohl's Corp. rise after the apparel and accessories retailer raises its earnings outlook for the year, and shares of Autodesk Inc. surge after the company's quarterly results come in better than analysts' expectations.
Yahoo Inc. names two new members to its board of directors to fill seats created through a settlement deal with billionaire activist Carl Icahn, who pursued a proxy battle against the company earlier this year.
Annelena Lobb reports: Goldman Sachs called a dollar bottom, and even used an exclamation point in their report so investors would know they mean it. “The dollar has bottomed!” analysts wrote. Deteriorating economies outside the U.S., including the euro zone, the U.K., Scandinavia, Australia, New Zealand, and Canada, some glimpses of stability in the U.S., and lower oil prices are a...