Wall Street rally ends as investors sell risk
U.S. stocks ended their four-day winning streak on Thursday as investors sold risk ahead of the long holiday weekend.
Walmart adds toys and shelf space for holidays, expands online offerings
Walmart Stores Inc has significantly increased the selection of toys in its stores and online for the holiday season, a company executive said on Thursday, and is expanding its toy aisles in certain markets, all to lure shoppers after rival seller Toy…
Apple expected to unveil new iPhone models on September 12
Apple Inc said on Thursday it will host an event on Sept. 12 at the Steve Jobs Theater in the company’s Cupertino, California, campus, where it is widely expected to unveil new iPhone models.
WPP set to name internal favorite Mark Read as new CEO: source
WPP will name its unassuming former digital boss Mark Read as its new chief executive, tasked with turning around the world’s largest advertising group in the wake of Martin Sorrell’s departure, a city source told Reuters.
Trade worries drag on Wall Street; tech stocks keep Nasdaq afloat
The S&P 500 and the Dow Jones Industrial Average slipped on Thursday, after four sessions of gains, over concerns about the U.S.-China trade war, but gains in technology stocks helped lift the Nasdaq.
Campbell to sell fresh, international units, complete sale an option
Campbell Soup Co said on Thursday it plans to sell its international and fresh refrigerated-foods units and left open the possibility of putting the whole company up for sale, following a months-long review and pressure from a hedge fund to sell itsel…
Internal favorite Mark Read to be appointed new WPP CEO: source
WPP is set to name Mark Read as its new chief executive as early as next week, turning to the leading internal candidate to replace Martin Sorrell at the world’s biggest advertising company, a city source told Reuters.
Buffett says Berkshire buying own stock, more Apple
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in Apple Inc .
U.S. stocks drop on China trade concerns; Argentine peso roiled
Gains in U.S. stocks came to a halt on Thursday as concerns rose among investors that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Turkey and Argentina sent those countries’ currencies tumbling.
Dollar Tree misses comparable sales estimates on Family Dollar weakness
Dollar Tree Inc missed Wall Street expectations for quarterly same-store sales on Thursday as the discount store operator’s Family Dollar business struggled to boost sales, sending its shares down 12 percent.
