Michael Smith
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Boeing Shares Break Records Following Quarterly Dividend Expansion
Boeing, one of the world's largest aircraft manufacturing companies, increased a share-repurchase plan to $12 billion, the largest in its history, following its 25-percent quarterly dividend increase, Bloomberg reports.
Wal-Mart Under Attack For China Business Policies
Wal-Mart has come under attack by investors over revelations demonstrating that the company used questionable sales practices in China.
Spirit Airlines Experiences Weaker Unit Revenue, Downgraded To ‘Market Perform’
Low-cost carrier Spirit Airlines is experiencing a weak unit revenue outlook and has been downgraded to a "Market Perform" status by Hot Research financial analyst Raymond James, Barron's reports.
Uber Expansion Challenged In Thailand And Spain
Transportation company Uber, which has witnessed substantial international growth, may have a roadblock ahead of themselves.
Abercrombie & Fitch CEO Resigns Amidst Financial Woes
Abercrombie & Fitch CEO Mike Jeffries has officially retired from his position-his resignation comes as the company announces major financial troubles.
American Airlines Merger With US Airways Ushers In Renovation Plans
American Airlines, which is set to merge with US Airways next year, is looking to spend $2 billion on planned renovations that include restructuring planes and lobbies.
McDonald's Stock And Sales Drop For Month Of November
McDonald's, once thought to be one of the most successful fast food franchises in the world, is continuing to experience economic downfall.
Starbucks Embarks On New Business Model Venture
Starbucks is slated to embark on a new business model venture: the opening of a Reserve Roastery and Tasting Room molded after other boutique coffee chains.
Sky Bet Sells Contributing Stake To CVC Capital Partners
Sky Television, the United Kingdom-based telecommunications company known for its regional broadcasting, has decided to sell a contributing stake in Sky Bet to CVC Capital Partners, the Irish Examiner reports.
UberPOOL Offers Ride-Sharing Program Promising Lower Expenses
Uber has announced plans to launch UberPOOL, a ride-sharing service allowing customers to ride together in "lookalike trips."
Radio Shack Shares Drop Over 20 Percent Following Investment Agreement Controversy
Radio Shack stock shares have dropped more than 20 percent following allegations of breached covenants on a $250 million term loan from lender Salus Capital.
Taj Mahal Closure Plan Released By State Of New Jersey
Atlantic City's Taj Mahal casino, which has been rumored for closure since October, has officially been put to an end.
Graco Faces Government Investigation Over Child Car Seats
Philadelphia-based baby products company Graco is under investigation by the United States National Highway Traffic Safety Administration (NHTSA) over the the quality of its child car seats.
Large-Size Apple iPad Specs And Features Leaked
Japanese magazine Mac Fan has leaked specs and information about the large-size Apple iPad that is scheduled for an upcoming release.
Black Friday Protests Organized By Walmart Employee Rights Group
Employee rights group OUR Walmart has organized its third-annual labor strike scheduled for Black Friday in an effort to bring attention to workers issues around the country.