Tesla Motors Inc (NASDAQ: TSLA) shareholders have had quite a bumpy ride so far in 2016. Incredibly, after starting off the year with about a 40 percent dip down to around the $140 level, Tesla has rebounded and is now down only 1.7 percent on the year.
While most of the talk surrounding oil in recent years has been about how low prices can go, the International Energy Agency (IEA) believes the next major price shock in coming years could be to the upside. Slumping oil prices and a massive global crude oil supply glut have lead to historic spending and investment…
ESPN recently reported the story behind NBA MVP Steph Curry’s decision to make the transition from Nike Inc NKE to Under Armour Inc UA back in the offseason in 2013. In August of that year, Curry met with representatives from Nike.
After a 5.6 percent decline on Monday and a 25.8 percent crash on Tuesday, shares of Sunedison Inc SUNE are down another 8.0 percent in Wednesday trading following a report by Debtwire that the company is in debtor-in-possession negotiations with creditors.
Virgin America Inc VA shares are surging on Wednesday following reports that the company is in talks concerning a potential buyout. Sources close to the matter say that Virgin America is reaching out to potential buyers after getting word of takeover interest.
When investors are feeling worried or uncertain about the future of a company, it’s common for them to look to the company’s management for comfort. However, this approach can be a costly mistake.
In a new report, Deutsche Bank analyst Tim Jones discussed the firm’s recent week-long series of meetings with leading U.S. and European chemical companies in Houston. According to Jones, the chemical landscape is ripe for more M&A deals.
Nike Inc NKE reported Q4 EPS of $0.55, topping consensus expectations of $0.49. The company also reported Q4 revenue of $8.0 billion, slightly below consensus expectations of $8.2 billion.
One of the most high-profile antitrust court battles in recent years involving a potential merger between Office Depot Inc ODP and Staples, Inc. SPLS could hinge on a judge’s opinion on the future of an unlikely third party: Amazon.com, Inc. AMZN.
Shares of Sunedison Inc SUNE are down heavily on Tuesday amid a report the company is meeting with second lien holders, according to Debtwire.