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United Airlines Down, Deutsche Telekom Falls, Best Buy Sinks After They Name Jason Bonfig as CEO
Published 1 week, 3 days ago
Description
On this episode of Stock Movers:
- United Airlines (UAL) shares falls after the company slashed its full-year profit forecast as higher fuel prices caused by war in the Middle East batter global carriers.
- Deutsche Telekom AG (DTE GY) shares down after the company said its considering a full combination with its American arm T-Mobile US Inc., a move that would create a multinational telecom group and rank as the largest-ever public M&A deal.
- Best Buy (BBY) shares sinks after the company Jason Bonfig, the company’s chief customer, product and fulfillment officer, to succeed Corie Barry as chief executive officer.
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