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Wednesday, October 28, 2020

MICHELLE CHAPMAN AP Business Writer

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Aerospace and defense suppliers Woodward, Hexcel combining

Woodward and Hexcel are merging in an all-stock deal that would create one of the largest suppliers in the aerospace and defense industry.The companies...

New CEO at Bed Bath & Beyond shakes up chain of command

TRENTON, N.J. (AP) — Six senior executives were ousted at Bed Bath & Beyond, the first major maneuver by a new CEO that the...

Dallas-based Dean Foods, No. 1 milk company declares bankruptcy amid drop in demand

Dean Foods, America's biggest milk processor, filed for bankruptcy Tuesday amid a steep, decades-long drop-off in U.S. milk consumption blamed on soda, juices and,...

McDonald’s takes a nibble of the plant-based burger

McDonald's is finally taking a nibble of the plant-based burger.The fast-food chain said Thursday it will sell the PLT – the plant, lettuce and...

Top US CEOs rethink the meaning of shareholder value

The "shareholder comes first" has for years been the mantra of the Business Roundtable, a group that represents the most powerful CEOs in America...

JCPenney halves losses, will begin selling used clothing

Shares of J.C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would begin selling used...

Barnes & Noble, with sales falling, is sold to hedge fund

Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private.The national chain that many blamed for...

Chevron vaults into new league on $33B Anadarko acquisition

Chevron will buy Anadarko Petroleum for $33 billion in a cash-and-stock, energizing its deep water exploration in the gulf and in the energy-rich southwest...

Frontier gun maker Remington seeks bankruptcy protection

Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy...

Market sell-off a good time to brush up on financial terms

With global stocks suffering their biggest declines in years, investors might need a refresher on some of the terms being thrown around.Let's start with...

Today

Veritex Holdings: 3Q Earnings Snapshot

DALLAS (AP) _ Veritex Holdings Inc. (VBTX) on Tuesday reported third-quarter earnings of $22.9 million.The Dallas-based bank said it had earnings of...