Aerospace suppliers Woodward (NASDAQ: WWD) and Hexcel (NYSE: HXL) are teaming up in a $6.4 billion combination premised on the belief that the two companies combined can operate more efficiently and devote more resources to next-generation …
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By Saikat Chatterjee. LONDON, Jan 15 (Reuters) – The euro climbed to a one-week high against the U.S. dollar on Wednesday as investors grew cautiously optimistic about the outlook for the single currency before the signing of a U.S.-China trade deal.
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JOHANNESBURG (Bloomberg) – Tullow Oil expects to take a charge of $1.5 billion when it reports 2019 results, capping a terrible year for the debt-strapped company. The pretax sum of impairments and exploration write-offs reflects a lower oil-price forecast …
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CVS Health (NYSE: CVS) has a history of making changes before it has been forced. The company stopped selling cigarettes back in 2014 because the product line was not in line with its overall brand positioning. That was part of a greater move to reposition …
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Bank of America Corp. BAC 0.74% said Wednesday that fourth-quarter profit fell 4%. The second-largest U.S. bank by assets said it earned $6.99 billion in the fourth quarter, down from $7.28 billion a year earlier. Per-share earnings were 74 cents, more than …
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