Latest news from Nm.nmcdn.us - Companies feed

Latest news from Nm.nmcdn.us - Companies feed

  1. Olive Garden Owner to Buy Cheddar's Chain for $780 Million

    03.28 / 12:13 nm.nmcdn.us Nm.nmcdn.us - Companies
    Darden Restaurants Inc. agreed to acquire Cheddar's Scratch Kitchen for $780 million in cash, giving the owner of Olive Garden another restaurant brand it can use to fuel growth.Darden is buying the chain from an investor group that includes private equity firms L…
  2. WSJ: Elon Musk's New Company Could Allow Uploading, Downloading Thoughts

    03.28 / 12:13 nm.nmcdn.us Nm.nmcdn.us - Companies
    Tesla Inc. founder and Chief Executive Elon Musk has launched a company called Neuralink Corp through which computers could merge with human brains, the Wall Street Journal reported, citing people familiar with the matter.Neuralink is pursuing what Musk calls the…
  3. Bill Gross Settles Pimco Lawsuit for About $81 Million

    03.28 / 12:13 nm.nmcdn.us Nm.nmcdn.us - Companies
    Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/2-year drama over the departure of the star bond investor from one of the world's biggest money managers. Terms of the accord were…
  4. Hertz Shares Bear Brunt of Panic Over Collapsing Used-Car Prices

    03.28 / 12:13 nm.nmcdn.us Nm.nmcdn.us - Companies
    As investor panic spreads about the plunging prices of used cars in the U.S., one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl…
  5. Wall Street Is Suddenly Bullish On Snap

    03.28 / 12:13 nm.nmcdn.us Nm.nmcdn.us - Companies
    Snap! The maker of Snapchat is enjoying a sudden rush of love from sell-side analysts. Banks including Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. on Monday issued a raft of 'buy' or 'neutral' ratings on newly-listed Snap Inc. stock.…
  6. Ford Warns Bumpy Path Toward Reinvention May Cut Profit in Half

    03.24 / 02:34 nm.nmcdn.us Nm.nmcdn.us - Companies
    Ford Motor Co. just flashed a warning to investors that it's hard to keep profits rolling in a slowing market while also trying to reinvent your company for an autonomous age.Profit may fall by half in the first quarter, a bigger drop than analysts predicted, as…