[ad_1] High-end shopping mall developer Taubman Centers Inc. has agreed to accept a price cut in its acquisition by Simon Property Group Inc., in a move that will allow the companies to avoid a lengthy legal battle that was supposed to start on Monday. The companies agreed that Simon SPG, …
Read More »Beyond Meat’s stock plummets more than 25% as COVID-19 bites into earnings
[ad_1] Beyond Meat Inc. reported third quarter results on Monday. Getty Images Shares of Beyond Meat Inc. plunged more than 25% in extended trading Monday after the leading name in the vegetable meat field reported third-quarter results that fell short of Wall Street estimates. The poor quarter was exacerbated by …
Read More »Profits soar 82% at Warren Buffett’s Berkshire Hathaway, but pandemic hurts business
[ad_1] Warren Buffett of Berkshire Hathaway Getty Images OMAHA, Neb. – Warren Buffett’s conglomerate saw an 82% increase in third quarter profits as the value of its investment portfolio soared, but Berkshire Hathaway said the coronavirus pandemic continued to hurt its assorted businesses like the BNSF railway. Berkshire BRK.B, + …
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