Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided. The verdict Monday by a jury in West Palm Beach marks the first time the company has been found liable in any of multiple …

Nvidia Stock Split Might Not Lead To Sustained Rally, But It Could Replace Intel In Dow Index Nvidia Corp’s (NASDAQ:NVDA) recent 10-for-1 stock split has prompted Goldman Sachs to caution investors about expecting a sustained rally. Despite Nvidia’s shares surging nearly 27% in May and another 10% this month, reaching a market cap of $3 trillion, Goldman Sachs emphasizes that …

Academy Sports (NASDAQ:ASO) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) missed analysts’ expectations in Q1 CY2024, with revenue down 1.4% year on year to $1.36 billion. The company’s full-year revenue guidance of $6.21 billion at the midpoint also came in slightly below analysts’ estimates. It made a GAAP profit …