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Amazon Wins Key Vote Against Drive For Alabama Warehouse Union
April 09, 2021 01:32 PM PDT| By Team Kalkine MediaSource:Tada Images, Shutterstock Summary Of the total votes, 1,798 were against unionizing while 738 were in favor. This verdict successfully thwarts an attempt to unionize warehouse workers in America. However, the retail, wholesale, and depa...
Taking Cue From Uber, Lyft, Grab Eyes US Listing Via SPAC Deal
April 08, 2021 03:52 PM PDT| By Team Kalkine MediaSource:ANDRANIK HAKOBYAN, Shutterstock Summary Singaporean ride-hailing company to announce a SPAC merger for US listing. The deal could value Grab at US$35 billion. Lyft and Uber saw their stocks recover in 2020 despite reporting losses....
Prosus To Reduce Stake In Tencent To 28.9%
April 08, 2021 10:59 AM PDT| By Team Kalkine MediaSource:Pla2na, Shutterstock Summary Prosus plans to cut its stake in Tencent to 28.9 percent from 30.9 percent by selling 191.9 million shares. South Africa-based Nasper, which owns Prosus, is the largest shareholder in Tencent. Tencent&rsquo...
General Motors Could Be The Next Big Company To Accept Bitcoin
March 27, 2021 02:46 PM AEDT| By Team Kalkine MediaSource: radhikarana, Shutterstock Summary General Motors is reportedly seeking feedback on how cryptocurrency could be used for partial or full payments. It seems Tesla's move could've spiked the 113-year-old company's interest in accepting cr...
Why NIO Stocks (NYSE:NIO) Are The Target of Wall Street Investors
March 01, 2021 01:34 PM PST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary NIO Inc. stocks (NYSE: NIO) rose more than 1100 percent in the past year. It plans to foray into the European market in the latter half of 2021. The stock has been riding on robust volumes in rec...
Ford Not Ready To Give Up Its EV Dream Without A Fight
February 13, 2021 10:35 AM PST| By Team Kalkine Mediaook to leverage existing markets to push sales and reinforce the franchisee business. Ford Motor is not ready yet to cede any ground to its competitors in the electric vehicle (EV) market. This has been made amply clear when the company CEO Jim...
General Motors delivers stellar annual results amid pandemic gloom
February 12, 2021 11:27 PM PST| By Team Kalkine MediaSource:NuPenDekDee, Shutterstock Summary General Motors delivered a robust performance in 2020 despite the coronavirus pandemic challenges. The company is expecting global semiconductor chip shortage to impact its 2021 earnings. General Motor...
Pringles Chips Maker Kellogg Posts Net Income Of USD 208 million in 4Q
February 12, 2021 12:08 PM PST| By Team Kalkine MediaSource:insta_photos, Shutterstock Summary Kellogg’s famous brands included Pringles chips, Cheez-It crackers, Special K cereal, Eggo waffles, and Pop-Tarts. Sales went up to USD 3.46 billion in the quarter, from USD 3.22 billion in the s...
Alibaba Raises USD 5Billion in Largest Debt Sale in 2021
February 06, 2021 11:21 AM PST| By Team Kalkine MediaSource:Syda Productions, Shutterstock Summary Alibaba debt sale attracts USD 38 billion worth of orders from investors. Sales include bons of four different maturity periods. Alibaba stocks recover after Ant Group agrees to restructure its bu...
Heavyweight US Auto Stocks to Watch: General Motors & Ford Motor Company
January 21, 2021 12:04 PM PST| By Team Kalkine MediaSource:Mikel Dabbah, Shutterstock Although global automakers appeared to have struggled to keep up their sales due to the pandemic, industry giants, such as General Motors and Ford Motor Company, performed well compared to their peers. Stocks of GM...
a2 Milk has one problem that most businesses don't mind having- Excess growing cash
August 21, 2020 05:44 PM AEST| By Team Kalkine MediaDual listed company (both on ASX and NZX), The a2 Milk Company Limited (NZX:ATM) share price increased by 1.76% to NZ$20.27 on 21 August, at the time of writing. While on 21 August The a2 Milk Company Limited (ASX:A2M) last traded at AU$18.38,.....
