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ThinkstockEgypt has no oil or other essential goods or services necessary to the health of the international economy. Its gross domestic product (GDP) is a modest $260 billion — less than...
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courtesy of Sony Corp.Sony Corp. (NYSE: SNE) and Viacom Inc. (NASDAQ: VIAB) have reached a preliminary agreement that would allow Sony to carry Viacom’s cable channels on Sony’s planned Internet...
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ThinkstockChegg, Inc. has become the latest company to file to come public via an initial public offering. Financial terms have not been seen other than that the filing is for up to $150 million....
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ThinkstockWhen a major shareholder sells a third of its holdings, everyone notices. That’s why Tuesday’s sale by PAR Capital Management Inc. of 8.1 million shares of the 24.6 million shares it...
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courtesy of KFCYum! Brands Inc. (NYSE: YUM) is not the first American company to stumble badly in China. It will not be the last, either. China is Yum! Brands’ most important market. The company...
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ThinkstockPriceline.com Inc. (NASDAQ: PCLN) is out with its second-quarter earnings report. The travel discount website operator has managed to keep growing beyond the United States to the point that...
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Courtesy The Goodyear Tire & Rubber CompanyWho doesn’t like a blimp? The soft, pillowy things just look friendly, whether looking down on a sporting event or just slowly flying around with...
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ThinkstockTwo companies in the digital imaging business reported results on Wednesday, and they could not have been more different. The venerable (and bankrupt) Eastman Kodak continued to post...
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Wikimedia CommonsFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 0.7% in July, compared to sales in July of last year. Systemwide sales rose 1.6%, and 3.3% on...
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courtesy of McDonald'sLast week, workers at McDonald’s Corp. (NYSE: MCD) stores walked out, demanding that the company raise workers’ wages to $15 an hour. We suggested that the demand has little...
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ThinkstockIn the calculus of baseball, like in most other businesses, intangibles are part of valuation. Forbes reports that the New York Yankees are worth $2.3 billion, the most valuable team in...
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ThinkstockYelp Inc. (NYSE: YELP) made our list of early bird analyst upgrades this morning, but it turns out that the upgrade cycle for Yelp is actually a large group of analysts. Yelp posted a net...
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ThinkstockVery little in the Consumer Federation of America’s (CFA) “Nation’s Top Ten Consumer Complaints” was unexpected. The results of the survey show how hard it may be to...
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ThinkstockCvent Inc. has filed its paperwork with the Securities and Exchange Commission that sets the preliminary terms for its initial public offering (IPO). The company is offering 5.6 million...
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Thinkstock Luxury retailer Saks Inc. (NYSE: SKS) has agreed to a merger with Toronto-based Hudson’s Bay Company (HBC) in an all-cash deal for which the Canadian firm will pay $16 a share for the...
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