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Anthem shares fall the most in ten months on Tuesday, company to maintain presence in some Obamacare markets, CEO says

September 13, 2017 7:11 am
According to a statement by Joseph Swedish, Anthems Chief Executive Officer, on September 12th, the company is still considering its participation in some Obamacare markets in 2018. Anthem shares closed lower for the fourth time in the past eight trading sessions on Tuesday. It has also been the steepest daily loss since November 1st 2016. […] Read more

Citigroup shares gain for a second session in a row on Monday, third-quarter markets revenue seen shrinking 15% from a year ago

September 12, 2017 9:32 am
According to John Gerspach, Citigroup Incs (C) Chief Financial Officer, the holdings third-quarter total markets revenue is approximately 15% below its level during the respective period a year ago, when market volatility was bolstered by reactions to the EU membership referendum outcome. Citigroup shares closed higher for a second consecutive trading session on Monday. It […] Read more

CBS shares fall for a fourth session in a row on Friday, company to pay $162 million in cash to acquire broadcaster Ten Network

September 11, 2017 9:54 am
According to documents released on September 11th, cited by Reuters, CBS Corporation (CBS) is expected to pay $162 million in cash for the acquisition of Australian broadcaster Ten Network Holdings. CBS shares closed lower for a fourth consecutive trading session on Friday. The stock went down 1.79% ($1.08) to $59.42, after touching an intraday low […] Read more

Comcast shares fall for a second session in a row on Friday, company closes Florida Universal parks as “Irma” is expected to strike

September 10, 2017 10:42 am
Comcast reportedly closed its parks in Florida as well, following Walt Disneys example, as Hurricane Irma is expected to gain strength before it reaches the state. The parks are to remain closed for two consecutive days. Comcast shares closed lower for a second consecutive trading session on Friday. The stock went down 1.01% ($0.39) to […] Read more

Amazon shares gain for a second session in a row on Thursday, company reported to be in search of second headquarter location

September 8, 2017 8:39 am
Amazon.com Inc (AMZN) reportedly revealed plans to open a secondary headquarters in North America. Estimated at more than $5 billion, the HQ2 is expected to employ 50 000 people. Amazon shares closed higher for a second consecutive trading session on Thursday. It has also been the steepest daily surge since August 31st. The stock went […] Read more

Boeing shares fall for a second session in a row on Wednesday, China to invest over $1 trillion in aircraft during the next 20 years

September 7, 2017 9:03 am
According to Boeings latest forecast, airlines in China are to purchase over 7 000 aircraft at an estimated value of $1.1 trillion during the upcoming 20 years in an attempt to satisfy strong demand for local and international travel. Boeing shares closed lower for a second consecutive trading session on Wednesday. The stock went down […] Read more

Microsoft shares retreat for a third session in a row on Wednesday, company introduces retooled LinkedIn Audience Network

September 7, 2017 6:57 am
Microsoft Corporation (MSFT) reportedly introduced a newly retooled LinkedIn Audience Network, which would enable advertisers to target sponsored content to LinkedIns global user base of over 500 million. Microsoft shares closed lower for a third consecutive trading session on Wednesday. The stock edged down 0.29% ($0.21) to $73.40, with the intraday high and the intraday […] Read more