Peltz to step down from Oreo maker Mondelez’s board
(Reuters) – Oreo cookies maker Mondelez International Inc said on Tuesday activist investor Nelson Peltz would step down from its board of directors nearly four years after he was appointed.
Exclusive: Emirates cabin pressure rises as crews feel global airline upturn
DUBAI (Reuters) – Emirates faces calls from its cabin crew to improve conditions and benefits as airline workers show increasing confidence in demanding more from the booming global industry.
Broadcom reduces Qualcomm board nominees before March 6 showdown
(Reuters) – Broadcom Ltd on Tuesday cut the number of board seats it was trying to win at Qualcomm Inc to six from 11, and reiterated that its offer for the company was only good until the conclusion of a March 6 shareholder meeting at the chipmaker….
Blue Apron ramps marketing back up, revenue drop smaller than feared
NEW YORK (Reuters) – Blue Apron Holdings Inc shares jumped 9 percent in premarket trading on Tuesday after the meal-kit maker reported a smaller-than-expected revenue drop and quarterly loss as a costly distribution hub switch forced it to slash marke…
Stock futures point to dip on Wall St. after two days of gains
(Reuters) – U.S. stock futures pointed to another dip at the open for Wall Street on Tuesday, halting two days of gains that had somewhat cooled investor nerves about a burgeoning market correction.
Under Armour revenue beats estimates, shares jump
(Reuters) – Under Armour Inc beat analysts’ estimates for fourth-quarter revenue on Tuesday, as it sold more footwear and apparel through its own stores and online.
Harley CEO asks investors for patience as sales, stock slide
MILWAUKEE, Wis. (Reuters) – To Harley-Davidson Inc’s investors, its chief executive has a simple message – be patient with his strategy to turn around the slump in demand for its iconic motorcycles.
PepsiCo beats sales estimates on snacks boost
(Reuters) – PepsiCo Inc’s sales topped Wall Street forecasts in the fourth quarter, as higher demand at its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks.
Philippines’ Jollibee raises stake in U.S. based Smashburger Master
MANILA (Reuters) – Philippine fast-food giant Jollibee Foods Corp said it would pay $100 million for a 45 percent stake in Smashburger Master, making it the majority owner of the U.S. hamburger chain, as it steps up its global presence.
Lotte chief and ex-president’s friend jailed in S. Korea scandal
SEOUL (Reuters) – The friend of former South Korean leader Park Geun-hye who was at the center of an influence-peddling scandal that rocked the country’s business and political elite has been sentenced to 20 years in jail, a Seoul court said on Tuesday…
