Summary: Kraft Heinz Co. to face trial over firing an employee for comments regarding a Halloween costume depicting a Black character from Miami Vice TV show
Full articleSummary: Seaport Research upgraded Walt Disney Co (DIS) to 'buy' from 'neutral' with a price target of $108, close to analysts' consensus. Stock is on track to break a five-month losing streak.
Full articleSummary: Retailers like Lowe’s, The Home Depot, and Best Buy are upgrading their media networks to differentiate themselves and attract more ad dollars.
Full articleSummary: Israel conducting raids in southern Lebanon, considering larger ground invasion; U.S. sending additional troops to Middle East for air defense; Israel's strikes in Yemen intensifying conflict with Iran-backed Houthis
Full articleSummary: Pfizer plans to sell about 540 million shares in Haleon, reducing its stake in the company.
Full articleSummary: Pfizer (PFE) announces intention to sell approximately 5.9% of Haleon plc's issued share capital through an accelerated bookbuilding process to institutional investors.
Full articleSummary: Cisco Systems Inc. is quietly setting the stage for a strong technical breakout with a Golden Cross in play, despite significant layoffs in 2024. Analysts predict the stock will hit a fresh high for the year.
Full articleSummary: Cisco Systems Inc. is setting the stage for a strong technical breakout with a Golden Cross in play, despite recent workforce layoffs and challenges. Analyst Jim Lebenthal predicts the stock will hit a fresh high for the year.
Full articleSummary: Disney is set to increase prices for Disney Plus, Hulu, and ESPN Plus starting October 17, 2024. Different tiers will experience varying price hikes.
Full articleSummary: Apple (AAPL) pulled out of talks for the next funding round for OpenAI while Nvidia (NVDA) and Microsoft (MSFT) are expected to participate, with Microsoft investing $1 billion.
Full articleSummary: A claim against Oracle-owned Netsuite was settled out of court with a customer alleging overselling and under-delivery of software. The court dismissed most allegations, but allowed the claim of breach of contract to proceed.
Full articleSummary: Disney Store has opened its first location in Southeast Asia at the SM Mall of Asia in the Philippines, offering a wide range of Disney products and immersive experiences for visitors.
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