Walt Disney's quarterly earnings top forecasts

Source: Dukascopy Bank SA
Walt Disney reported its quarterly earnings beat Wall Street's estimates, boosted by "The Lion King" film's remake and theme parks unit due to increased costs ahead of its streaming entertainment bet's launch.
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Fri, 08 Nov 2019 03:45:05 GMT

Gap CEO Peck to step down

Gap Inc's CEO Art Peck is set to resign from his position, the company announced late on Thursday, as the apparel retailer is planning to spin off the Old Navy brand into a publicly listed firm.

Thu, 07 Nov 2019 20:45:13 GMT

PG&E Corp increases cost estimates over 50%

PG&E Corp raised costs estimates more than 50% to $6.2B in 2019 related to wildfires in California and the company's bankruptcy, sending shares down around 6%.

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