profits

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon.com Inc. (NASDAQ: AMZN) is now the owner of Whole Foods, and its first day as the owner of the grocery chain Amazon cut prices as much as 43 percent. The price cuts emphasis that Amazon is willing to settle for small margins as long as it dri..

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

U.S. District Judge Laura Taylor Swain ruled on Monday that Costco Wholesale Corporation (NASDAQ: COST) is to pay Tiffany & Co. (NYSE: TIF) $11.1 million in trebled profits plus interest, as well as $8.25 million in punitive damages.Swain&r..

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

According to a report by CNBC, Apple Inc. (NASDAQ: AAPL) and Aetna Inc. (NYSE: AET) had several secret meetings last week, where the two discussed plans to bring Apple’s smartwatch, which has health and fitness-tracking features to millions of..

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

On Thursday, the Atlanta, GA based Delta Air Lines, Inc. (NYSE: DAL) announced its financial results for the June quarter 2017, with both earnings and revenues missing estimates.According to the company, operating revenue increased 3.3% to $10,791 m..

CareTech Holdings, PLC releases earnings; retains stock strength with reaffirmations by FinnCap and Panmure Gordon

CareTech Holdings, PLC releases earnings; retains stock strength with reaffirmations by FinnCap and Panmure Gordon

Caretech Holdings, PLC (LON: CTH), a specialized social care service provider in the UK, has released their interim biannual earnings report for the 6-month period ending March 31, 2017. The figures give a promising outlook for Caretech.After Panmur..