Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split
Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings
Loews Smashes Expectations With First Quarter Earnings as CNA, Boardwalk Units’ Sales Advance Loews Smashes Expectations With First Quarter Earnings as CNA, Boardwalk Units’ Sales Advance
Anadarko to Resume Takeover Talks With Occidental, Chevron Offer Still on Table Anadarko to Resume Takeover Talks With Occidental, Chevron Offer Still on Table
Stock Markets Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split

Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split

Facebook’s (FB) multibillion-dollar settlement with the Federal Trade Commission over the Cambridge Analytica scandal has been delayed due to a split between Republicans and Democrats at the regulator, the Wall Street Journal reported on Friday, Facebook said in April that it was expecting to pay up to $5 billion for the settlement with the FTC over the privacy mishap. Sources […]

Economy T-Mobile US, Sprint May Sell Boost for Up to $3B

T-Mobile US, Sprint May Sell Boost for Up to $3B

T-Mobile US (TMUS) and Sprint (S) may sell Boost Mobile for up to $3 billion, according to Reuters. The report said a group of potential buyers are preparing bids for Boost for up to that value. To receive FCC approval for their merger, the companies had to offer concessions, including the sale of Boost to reduce the combined company’s market […]

Finance Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings

Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings

Western Digital (WDC) is scheduled to report earnings after the close on Monday, and while the company is enthusiastic about a second half recovery, Morgan Stanley analysts said they are “convinced” that there is too much inventory for that to happen. “WD does have an offsetting tailwind as hard disk drive margins should recovery through the year, but still from […]

Stock Movers MPLX Reportedly Shuts Ozark Crude Pipeline to Illinois Due to Flooding

MPLX Reportedly Shuts Ozark Crude Pipeline to Illinois Due to Flooding

MPLX LP (MPLX) has decided to shut its 360,000 barrels per day Ozark crude pipeline that leads to Patoka, Ill., impacting crude flows to and from the Cushing oil storage hub in Oklahoma, according to media reports. The closure of the Ozark pipeline comes after outages at HollyFrontier’s (HFC) 125,000 b/d Tulsa refinery and the southern portion of Tallgrass Energy’s […]

Latest News

Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split

Facebook’s Cambridge Analytica Settlement Delayed Due to FTC Split

Facebook’s (FB) multibillion-dollar settlement with the Federal Trade Commission over the Cambridge Analytica scandal has been delayed due to a split between Republicans and Democrats at the regulator, the Wall Street Journal reported on Friday, Facebook said in April that it was expecting to pay up to $5 billion for the settlement with the FTC over the privacy mishap. Sources […]

T-Mobile US, Sprint May Sell Boost for Up to $3B

T-Mobile US, Sprint May Sell Boost for Up to $3B

T-Mobile US (TMUS) and Sprint (S) may sell Boost Mobile for up to $3 billion, according to Reuters. The report said a group of potential buyers are preparing bids for Boost for up to that value. To receive FCC approval for their merger, the companies had to offer concessions, including the sale of Boost to reduce the combined company’s market […]

MPLX Reportedly Shuts Ozark Crude Pipeline to Illinois Due to Flooding

MPLX Reportedly Shuts Ozark Crude Pipeline to Illinois Due to Flooding

MPLX LP (MPLX) has decided to shut its 360,000 barrels per day Ozark crude pipeline that leads to Patoka, Ill., impacting crude flows to and from the Cushing oil storage hub in Oklahoma, according to media reports. The closure of the Ozark pipeline comes after outages at HollyFrontier’s (HFC) 125,000 b/d Tulsa refinery and the southern portion of Tallgrass Energy’s […]

Hudson Pacific Properties Buys Rights to Build Seattle Office Building for $86 Million

Hudson Pacific Properties Buys Rights to Build Seattle Office Building for $86 Million

Hudson Pacific Properties (HPP) said Wednesday that it bought the condominium rights to build an office development adjacent to the Washington State Convention Center Addition in Seattle for $86 million. The planned office tower will be centrally located in the Denny Triangle neighborhood and will have approximately 526,000 square feet of office space and 12,000 square feet of retail. Total […]

Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings

Morgan Stanley Remains ‘Cautious Evenweight’ on Western Digital Ahead of Earnings

Western Digital (WDC) is scheduled to report earnings after the close on Monday, and while the company is enthusiastic about a second half recovery, Morgan Stanley analysts said they are “convinced” that there is too much inventory for that to happen. “WD does have an offsetting tailwind as hard disk drive margins should recovery through the year, but still from […]