Corporate stock

July 09, 2019 - 7:48 am
LONDON (AP) — Richard Branson's space-tourism venture, Virgin Galactic, is planning to go public, creating the first publicly listed human spaceflight firm. Virgin Galactic is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the combined entity. The...
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FILE - In this April 23, 2018, photo, Pepsi soft drink bottles are displayed at a store in Windham, N.H. PepsiCo Inc. reports earns on Tuesday, July 9, 2019. AP Photo/Charles Krupa, File)
July 09, 2019 - 6:25 am
PURCHASE, N.Y. (AP) — PepsiCo is reporting better-than-expected profit and revenue as the company continues its shift to healthier snacks and drinks under a new CEO. The Purchase, New York, company on Tuesday posted second quarter earnings of $2.04 billion, or $1.44 per share. The per share...
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July 09, 2019 - 4:05 am
BERLIN (AP) — Shares in Germany-based chemicals maker BASF have dropped after the company issued a profit warning, citing factors that included declining global auto production, weakness in the North American agricultural sector and trade conflicts. BASF shares dropped 5.1% to 59.38 euros ($66.62)...
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FILE- In this March 27, 2019, file photo, a Boeing 737 MAX 8 airplane is shown on the assembly line during a brief media tour in Boeing's 737 assembly facility, in Renton, Wash. Flyadeal, a Saudi budget carrier says it is ordering 30 new Airbus planes, replacing a $6 billion agreement it had with Boeing for its troubled 737 MAX jets, which are grounded around the world after two crashes. (AP Photo/Ted S. Warren, File)
July 08, 2019 - 2:04 pm
DUBAI, United Arab Emirates (AP) — Boeing's campaign to restore the reputation of its best-selling plane after two deadly crashes suffered a blow with a Saudi airline canceling an order worth up to $5.9 billion in favor of a European rival of the U.S. manufacturer. Flyadeal, the budget airline arm...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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June 27, 2019 - 4:32 pm
NEW YORK (AP) — The Federal Reserve has approved all the capital plans that the nation's 18 largest banks submitted as part of this year's stress tests. That means that the Fed determined banks like JPMorgan Chase, Citigroup and Bank of America can raise their dividends and buy back more shares...
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Slack CEO Stewart Butterfield poses for photos outside the New York Stock Exchange before his company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 2:29 pm
NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service's market value grew 60% after it started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some...
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FILE - In this March 11, 2019, file photo Sotheby's Chairman Domenico De Sole, second from right, is applauded by CEO Tad Smith, right, and others as he rings the New York Stock Exchange opening bell to celebrate the company's 275th anniversary. BidFair USA is taking auction house Sotheby's private in a deal valued at $3.7 billion. BidFair USA will pay $57 per share, which is a 61% premium to the company's closing stock price. (AP Photo/Richard Drew, File)
June 17, 2019 - 11:01 am
NEW YORK (AP) — Billionaire entrepreneur and art collector Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion. Drahi, through his BidFair USA company, will pay $57 per share, which is a 61% premium to the company's Friday closing stock price. "This acquisition...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 5:01 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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June 14, 2019 - 12:03 pm
NEW YORK (AP) — It's raining cats and dogs on Wall Street. Chewy, the online seller of pet food and squeaky toys, went public Friday and its shares soared 71%. The stock's rise values the 8-year-old company at $15 billion. Demand for the initial public offering has been high. Chewy raised just over...
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