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Articles by guudvans

Goldcorp Under Scrutiny for Mexican Mine Pollution

A leak that has been contaminating groundwater for several years at Goldcorp’s (NYSE: GG) Penasquito gold mine in Mexico, but that remained unpublicized until Reuters recently revealed its existence, is now part of an investigation by authorities to see if the mining company broke any environmental laws.

HP Inc. Shares Slide Due to Disappointing Guidance

To no one’s surprise, HP Inc. (NYSE: HPQ) reported a decline in total revenue in its recently released fiscal third quarter earnings report. The upside is that the $11.9 billion in sales — amounting to a 4% drop compared to the year-ago period — was better than expected by a wide margin.

Oracle v. Oregon: Round 1 of Lawsuit Goes to State

It’s beginning to feel as though Oracle (NYSE: ORCL) is spending as much time in the courtroom as the boardroom. Currently at the top of its docket: Oregon v. Oracle. In the original case between the tech giant and Oregon, the state claimed that the botched creation of the Cover Oregon heath insurance exchange website — a $240 million fiasco that never reached fully operational status — was founder Larry Ellison and team’s fault.

Pfizer Inks a $1.6 Billion Deal with AstraZeneca

In light of its recent acquisition activity, Pfizer’s (NYSE: PFE) latest asset purchase might seem small, but it’s nevertheless significant. The company has agreed to pay up to nearly $1.6 billion to purchase several antibiotics assets from AstraZeneca (NYSE: AZN).

Viacom Board Tightening Oversight of Paramount

When your studio management greenlights Ben-Hur, one of the biggest bombs of 2016, it’s reasonable to think your parent company may have some questions to ask. That’s exactly what’s happening with Paramount, which released a remake of the classic picture that failed to click with audiences on an epic level.

Fox Film Unit Speeds Up Its Leadership Switch

21st Century Fox’s (NASDAQ: FOX) (NASDAQ: FOXA) film division is getting its new chairman and CEO ahead of schedule: Prominent longtime movie executive Stacy Snider will take the reins at its Twentieth Century Fox studio effective Sept. 1. Snider had already been slated to replace Jim Gianopulos, who has been the subsidiary’s chairman and CEO for 16 years, and worked at the studio for a quarter of a century.

Bed Bath & Beyond Next to Question Sheet Supplier

An Indian textiles manufacturer may soon find itself hard pressed to remain in business now that Bed Bath & Beyond (NASDAQ: BBBY) has become the latest retailer to launch an investigation into goods it was sold by it that may have been misrepresented.