Covering breaking news, retirement, gaming and everything in between. Tony has been with TheStreet for four years.
The company is terminating CEO Sean Dollinger and initiating a strategic review process.
Hedge fund Starboard Value took a stake in the company last month, a Bloomberg report says.
Chevron beats Wall Street's earnings estimates by 10 cents a share.
Exxon Mobil beats earnings estimates by more than 30 cents a share.
The acquisition offers it received from private-equity firms weren't enough for the company to pull the trigger on an outright sale, a report says.
Following Friday's decline, shares are now more than 20% off Amazon's intraday high reached in September.
Weak first quarter guidance after a strong Christmas season had investors worried Friday, but analysts kept their bullish theses intact, with many raising their price targets.
UPS reports fourth-quarter earnings above Wall Street expectations.
The steelmaker's fourth-quarter earnings miss analysts' estimates.
Mastercard reports fourth-quarter revenue of $3.8 billion, in line with analysts' expectations.
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