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Disney Reports Strong Earnings, Seeks $2 Billion in Cost Savings
The Walt Disney Co. reported better-than-expected earnings per share, but the cheer is muffled by an ongoing skirmish with activist investor Nelson Peltz, who controls a hefty $2.5 billion stake in the entertainment giant. As the company strives to fend off ...

HSBC Announces $3 Billion Share Buyback Amid Profit Miss
HSBC Holdings Plc, Europe's largest bank by assets, has unveiled a new share buyback program, while hinting at more returns for investors, despite posting third-quarter profits that missed market expectations. The move comes as the bank grapples with global economic challenges, ...
6 Debt Free Stocks, With More Than 35% Profits In 3 Years
A debt free company with a consistent growth shows persistence of a company's performance over the years. There are 6 stocks of companies that we have identified are debt free and given profits more than 35%, using the screener. The companies ...
Strike At Biggest Shipping Port Adds, To UK Industrial Chaos
The first day of a planned strike at Britain's biggest container port started Sunday, joining a series of walkouts by transportation workers that have disrupted economic activity across the country. Almost 2,000 workers at the Port of Felixstowe, located about 150 ...
Japan's Honda Sees Declining Profits, On Semiconductor Crunch
Honda's fiscal first-quarter profit fell 33 per cent from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co. reported on Wednesday that ...
Treasury Secretary Yellen, Expects Inflation To ''Remain High''
Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chair Jerome Powell "could have used a better word" than "transitory" when describing the expected run of inflation in the U.S. economy. She added that she was hopeful it would ...
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