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General Motors (GM) plans to make a major announcement today, according to Canadian union officials quoted by Reuters. The announcement could imply the closure of a major assembly plant in Ontario, according to the union.
Campbell Soup (CPB) is close to an agreement with third-party activist investor, according to a person familiar with the situation that reportedly spoke to CNBC. The proposed agreement would add two third point candidates to the board of directors, although the source stated that an agreement had not yet been finalized and that it might not be possible. to be realized. Third Point is trying to put five of its candidates on the table of food manufacturers.
Logitech (LOGI) has terminated negotiations for the acquisition of the Bluetooth equipment manufacturer Plantronics (PLT). Reuters had previously reported that Logitech, maker of mice, keyboards and other peripherals, was in negotiations with Plantronics, and both companies confirmed that talks had taken place, but that they had not succeeded.
AT & T (T), Comcast (CMCSA), Charter Communications (CHTR) and Dish Network (DISH) are among the cable and satellite providers that will provide refunds to those who paid $ 19.99 to watch the match. Friday golf between Tiger Woods and Phil Mickelson. This comes after a technical problem with AT & T's live broadcast service that prompted AT & T to offer the match for free – which caused complaints from customers of other companies who had paid to watch the match.
American Eagle (AEO) was outclassed to "buy" from "hold" at Deutsche Bank, although the analyst's price target remains unchanged at $ 24 per share. Deutsche Bank cited the evaluation of the clothing retailer's stock upgrade.
Intuit (INTU) was upgraded to "outperform" by "performing sector" at RBC Capital Markets, indicating the positive results of a consumer survey conducted by RBC Capital Markets. Intuit is the publisher of the best-selling software, TurboTax.
PayPal's Venmo Unit (PYPL) was hit by a wave of payment frauds earlier this year, according to the Wall Street Journal. The newspaper said the incidents had sped up the losses at Venmo and had prompted it to close some user features.
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