Kraft Heinz to restate nearly three years of financial reports after investigation
Kraft Heinz Co will restate financial reports for a near three-year period to fix errors that resulted from lapses in procurement practices by some of its employees, the packaged food company said in a filing on Monday.
Greenlight’s David Einhorn pitches long on AerCap, short on GATX at Sohn Conference
David Einhorn, president of Greenlight Capital, at the Sohn Investment Conference on Monday said his firm is positive on airplane leasing company AerCap Holdings and negative on railcar leasing company GATX Corp.
Trump’s China tariff threat sends Wall St. lower
U.S. stocks posted broad-based declines on Monday after President Donald Trump threatened to raise tariffs on Chinese goods this week, triggering worries about a global economic slowdown.
Occidental says its only option was to boost cash piece of Anadarko bid
Occidental Petroleum Corp said on Monday its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko’s board considers its offer superior to one from Chevron Corp, even though it could spark tensions with its own shareholders…
Starbucks’ China rival Luckin looks to raise up to $586.5 million in IPO
Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise up to $586.5 million, its filing with the U.S. Securities and Exchange on Monday showed.
Tyson Foods beats second-quarter profit estimates, eyes boost from fatal hog virus
Tyson Foods Inc projected on Monday that it could reap significant financial gains from an incurable hog disease spreading across Asia, after reporting quarterly profits above analysts’ estimates.
Oil prices fall, touch one-month low after Trump’s tariff threat
Oil prices fell on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods, risking derailment of trade talks between the world’s two largest economies, which renewed worries about global oil demand.
Wall Street falls after Trump’s China tariff threat
U.S. stocks posted broad-based declines on Monday, but bounced back from session lows, after President Donald Trump’s surprise threat to raise tariffs on Chinese goods this week, sparking a flight from riskier assets.
Global stocks, oil fall as investors seek safety after Trump’s China tariff threats
Stocks around the world tumbled on Monday and oil prices slumped after U.S. President Donald Trump threatened to raise tariffs on China, triggering an investor exodus from risky assets.
Wall St. tumbles as Trump’s China tariff threat jolts investors
U.S. stocks slumped on Monday, with the blue-chip Dow Jones Industrial Average falling over 350 points, after President Donald Trump shocked investors by threatening to hike tariffs on Chinese goods this week, sparking a flight from riskier assets.
