Shares of electric-vehicle giant Tesla, Inc. ( TSLA ) fell in premarket trading on Wednesday, extending losses after declining in each of the past three sessions.  The stock fell nearly 5% to $166.63 on Tuesday after it reported its first year-over-year sales decline since the second quarter of 2020. While the median company-compiled consensus called for deliveries of 431,000 units for the quarter, the Elon...

06:41 AM EDT, 04/03/2024 (MT Newswires) -- Intel ( INTC ) officials said Tuesday the company's chip foundry business suffered a 2023 operating loss of $7 billion on sales of $18.9 billion, widening a loss of $5.2 billion on $27.5 billion in sales a year earlier, news outlets reported. The disclosure, during an hour-long webinar for investors, marked the first...

06:38 AM EDT, 04/03/2024 (MT Newswires) -- Indigo Books & Music Inc. (IDG.TO), Canada's leading book and lifestyle retailer, overnight Tuesday said that it has agreed to be bought out fully by Trilogy Investments LP and Trilogy Retail Holdings Inc. Under the transaction, which is expected to close in June, Trilogy will buy all of the issued and outstanding common...

TOKYO, April 3 (Reuters) - Japanese trading house Itochu ( ITOCF ) said on Wednesday it will step up investment in growth segments, aiming for record spending of 1 trillion yen ($6.6 billion) in the current financial year and a 10% rise in net profit. Unveiling its management plan for the 2024/25 year that started on April 1, Itochu (...