01 Apr, 2020
Yesterday, BP plc (NYSE: BP) Chief Executive, Bob Dudley, Chairman Eng. Mustafa of the National Oil Corporation (NOC) of Libya and, CEO of Eni (NYSE: E), Claudio Descalzi, signed a letter of intent involving the exploration and production sharing ag..
Trian Management Fund LP announced on Tuesday that it is considering a takeover bid for Papa John’s Inc. (NASDAQ: PZZA), according to the Wall Street Journal, sending shares of the restaurant franchise up 16% in after-hours trading.The activis..
Exxon Mobil Corp. (NYSE: XOM) announced it will commit USD 1 Million over two years to promote a tax on carbon emissions by corporations, marking one of the few times an oil company has given money to prioritize fighting climate change in Washi..
Microsoft Corp. (NASDAQ: MSFT) and Singapore-based ride-hailing company, Grab, announced a strategic partnership on Monday.Under the agreement, Grab will adopt Microsoft Azure as its preferred cloud platform whileMicrosoft will make a strategic inve..
General Electric Co. (NYSE: GE) shares rose on Monday after Barclays upgraded the stock to overweight, citing that appointment of new CEO may help the Company’s turnaround plan.According to CNBC, analyst Julian Mitchell wrote: "Even the m..
Mattress Firm, the largest U.S. mattress company is filing for Chapter 11 bankruptcy protection. Chapter 11 bankruptcy is a way for retailers to get out of unwanted leases. Across the U.S., Mattress Firm has 3,500 locations which in the past were in..
Last Monday, General Electric (NYSE: GE) announced their new CEO, Larry Culp, the 1st outside-hire CEO in 126 years. Culp was the former CEO of Danaher (NYSE: DHR), an industrial manufacturing company.Culp will be demanded to revive the Company&rsqu..
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