The automaker raised vehicle prices in the U.S. to a record average of more than $36,000, offsetting declining sales volumes across every brand.
The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.
The company's new CEO says an overhaul of the struggling power business is among his immediate priorities.
"This is a correction. The question is does it lead to a bear market," says one money manager.
Christopher Faulkner agrees to disgorge the $23.8 million he allegedly misappropriated from investors to pay for a lifestyle of “decadence and…
The robotic vacuum maker does not plan to raise prices to offset the tariffs even as it increases marketing spend for the holidays.
The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
Qualtrics says its "experience management" solutions represent a “vast, rapidly growing, and underpenetrated market opportunity.”
The deal will "create a competitive automotive supplier which is extremely well placed among the global Top Ten.”
The conglomerate is now estimating asbestos-related liabilities at $2.61 billion as of Dec. 31, 2017, up $1.087 billion from its prior estimate.