In his first media call as incoming CEO, Fiddelke said his “number one goal is to get us back to growth.”
Read More Target stock slumps after retailer names insider Fiddelke to CEO role
Tag: LSEG
Meta’s year of bold ‘superintelligence’ bets unlikely to pump profits
It’s crunch time for Mark Zuckerberg as he pulls out all the stops to stay relevant in Silicon Valley’s intensifying advanced artificial intelligence race.
Read More Meta’s year of bold ‘superintelligence’ bets unlikely to pump profits
Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.
Read More Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Alphabet jumps as AI-driven spending fuels cloud revenue surge
Alphabet shares rose more than 3% in early trading as the Google parent’s earnings underscored a key message to investors: AI spending is climbing, but so are the returns.
Read More Alphabet jumps as AI-driven spending fuels cloud revenue surge
Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat
Coca-Cola laid out plans to launch a new product made with cane sugar on resilient demand for zero-calorie drinks as well as higher prices.
Read More Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat
Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy’s Ferrero
The deal, which is Ferrero’s biggest acquisition in recent years, brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops and Special K under one roof.
Read More Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy’s Ferrero