Domino’s Pizza shares hit a fresh all-time high on Thursday, US comparable sales top estimates on faster deliveries, menu additions

February 21, 2020 11:04 am
Domino’s Pizza Inc’s (DPZ) US comparable sales, reported on Thursday, topped Wall Street estimates for the first time in at least a year, as the pizza chain has been opening new stores, introducing new menu items and has begun offering faster deliveries to attract customers. Domino’s Pizza shares closed higher for a seventh consecutive trading […] Read more

Walmart shares gain for a fifth straight session on Tuesday, fourth-quarter results fall short of estimates, full-year on-line sales growth to decelerate

February 19, 2020 9:44 am
Walmart Inc (WMT) on Tuesday reported slower-than-anticipated revenue and earnings growth during the fourth quarter due to a shorter holiday season and lower demand for items such as electronics, apparel and toys. The company also projected slower growth in on-line sales for the fiscal year. Walmart shares closed higher for a fifth consecutive trading session […] Read more

General Motors shares fall for a second straight session on Friday, auto maker to withdraw from Australia, New Zealand and Thailand

February 18, 2020 8:00 am
In an attempt to focus on profitable markets such as North America and China and as part of a prolonged restructuring program, General Motors Company (GM) said it would “wind down” its sales, design and engineering operations in Australia and New Zealand and would suspend its Holden brand in the same geographical area by 2021. […] Read more

IBM shares fall for a second straight session on Friday, company will not participate in RSA conference due to coronavirus-related concerns

February 17, 2020 9:23 am
International Business Machines Corp (IBM) said last week that it would not participate in the RSA cyber security conference, because of concerns related to coronavirus outbreak. The event is to take place between February 24th and February 28th in San Francisco. IBM shares closed lower for a second consecutive trading session in New York on […] Read more

Alphabet shares close lower on Thursday, Google finalizes acquisition of Looker Data Sciences after CMA approval

February 14, 2020 10:29 am
Alphabet Inc’s Google (GOOG) has finalized its $2.6 billion acquisition of privately held big-data analytics company Looker Data Sciences after Britain’s Competition and Markets Authority approved the deal. Alphabet shares closed lower for the third time in the past ten trading sessions on NASDAQ on Thursday. The stock edged down 0.24% ($3.61) to $1,514.66, after […] Read more