Time Inc., the New York-based publishing company with over 90 magazines in its stable, has announced the acquisition of a lifestyle, pop culture and beauty website called Hello Giggles. Though the terms of the deal weren’t publicly disclosed, the WSJ reports that one source puts the deal in the $20 million range. … [Read more...]

What is bad news for Walmart investors may be good news for Walmart shoppers this Christmas. The giant retailer's disappointing sales outlook may actually contribute to deeper holiday discounts. … [Read more...]

Twitter said Tuesday it would jettison up to 336 people — roughly 8% of its workforce — as part of a restructuring CEO Jack Dorsey says will place the social media company "on a stronger path to grow." … [Read more...]

If you're following Apple (NASDAQ:AAPL) as an investment, you must know the company's iPhone has been on a tear and has added nearly $147 billion to the company's top line in the last four quarters alone, up more than 50% over the prior four quarters. … [Read more...]

U.S. equity markets looked to kick off the week on a flat note as traders parsed the latest round of Fed speak, deal news, and geared up for third-quarter bank earnings season. As of 9:10 a.m. ET, Dow Jones Industrial Average futures were 5 points lower, or 0.03% to 16906. S&P 500 futures shed 1 point, or 0.09% to 2006, while Nasdaq 100 futures gained 8 points, or … [Read more...]

Analysts expect Planet Fitness (NASDAQ:PLNT) to post $0.09 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Planet Fitness’ earnings. The highest EPS estimate is $0.10 and the lowest is $0.09. The company is expected to announce its next quarterly earnings results on Wednesday, December 2nd. … [Read more...]

As far as name changes go, Freeform tested by far the best. The change is being timed to coincide with the return of a few of the channel’s biggest hits, including Pretty Little Liars and The Fosters. “Rebrands have been a mixed bag. Millennials started getting older”, he said. … [Read more...]

U.S. stocks are opening higher, led by another advance in energy companies as crude oil prices continue to recover. Chevron jumped 2 percent early Wednesday, the biggest gain in the Dow Jones industrial average. … [Read more...]