Visa Inc. (NYSE:V) has become the latest payment services providers to enter Sudan after the US lifted sanctions on the country following the dethroning of former dictator Omar Al Bashir. The company is working with three banks in the country to launch its payment products. Three banks in Sudan receive...
The rapid spread of Coronavirus has created a panic across the globe, with consumers rushing online to order face masks, sanitizers, and disinfecting wipes. Many online sellers took this as a golden business opportunity to earn more, and unfairly raised the prices of such products now in huge demand....
Amazon.com, Inc. (NASDAQ:AMZN) has said that it has dropped hundreds of products from the listing on its eCommerce site and is planning to take legal action against the sellers who resorted to price gouging amid the looming Coronavirus threat. The company is still hunting down the sellers who increased...
Walmart (NYSE:WMT) has announced that it will be shuttering two stores in North Carolina, and this means job losses for around 300 people. Walmart to close Wadesboro and Lumberton stores According to disclosures that the company filed with town officials, the company is planning to shutter the Wadesboro and the...
An environmental Group known as Earth Island Institute has sued various food and beverage companies regarding plastic waste. The suit filed seeks to hold into account ten companies regarding plastic waste that blocks waterways in California. Coca-Cola, PepsiCo, and Nestle among others sued for plastic waste The defendants mentioned in the...
Dallas, Texas 07/19/2013 (Financialstrend) - Amphenol Corporation (NYSE:APH) announced that second quarter 2013 diluted earnings per share was at $0.95 which was higher compared to the EPS at $0.86 per share for the comparable 2012 period. Sales for the second quarter 2013 were at $1.136 billion which was compared to...
Johnson and Johnson (NYSE:JNJ) has been ordered by an Australian Court to pay three women approximately $1.7 million as compensation plus legal costs for misinformation regarding its pelvic mesh implants. Over 1,350 women in a class-action lawsuit against JnJ The company indicated that the Federal Court of Australia awarded the three...
Boston, MA, 06/28/2013 (financialstrend) - The share prices of Canadian Solar Inc. (NASDAQ:CSIQ) had been traded in the price range of $10.20 and $11.34 per share on Thursday. The share price of the company had gradually advanced by 9.50 percent more than the previous day. The share price of CSIQ...
As the world continues to struggle with the challenges the rapid spread of Coronavirus has brought up, it is a profit-making time for some online marketers. The US Senator Ed Markey slammed Amazon.com, Inc.(NASDAQ:AMZN) over Coronavirus price gouging and criticized the company’s dull response towards his appeal. Markey has...
Dallas, Texas 07/31/2013 (Financialstrend) - Last week Pulte Group, Inc. (NYSE:PHM) announced net income of $36 million, or $0.09 per share in their second quarter financial results for 2013, revenue from Home sale grew 19% to $1.2 billion from $1.0 billion reported in the same period last year, the...