April 14, 2020 9:27 am
Bank of America revised down its rating on Caterpillar Inc (CAT) to “Underperform” from “Neutral”, as it pointed out that CAT’s weaker energy business was “a problem that is not going away.” The bank has assigned a 12-month price target of $115 on the stock. Caterpillar shares closed lower for a second consecutive trading session […]
Read moreApril 14, 2020 7:20 am
According to a SEC filing published last week, Facebook Inc (FB) spent $23.4 million to cover security and private air travel costs of its Chief Executive Mark Zuckerberg in 2019. That compares with nearly $20 million spent in 2018 and $9.1 million spent in 2017. The CEO’s annual salary was still $1 in 2019. Facebook […]
Read moreApril 13, 2020 8:36 am
Clearwater Paper Corp (CLW) said last week that Michael Murphy had been appointed as Senior Vice President and Chief Financial Officer, effective April 13th. Murphy will succeed Robert (Bob) Hrivnak who is to part ways with Clearwater. Clearwater Paper shares closed higher for a fourth consecutive trading session in New York on Thursday. The stock […]
Read moreApril 10, 2020 9:16 am
According to a report by Reuters, citing China’s state media, Costco Wholesale Corp (COST) intends to establish a new store in the eastern Chinese city of Suzhou. Costco shares closed lower for the fifth time in the past ten trading sessions on NASDAQ on Thursday. It has also been the steepest single-session loss since March […]
Read moreApril 10, 2020 7:01 am
Citigroup Inc (C) said earlier this week that interns would be offered full-time positions. The bank also said that the new class of summer internship program would be delayed to July 6th due to the coronavirus pandemic. Citigroup shares closed higher for a fourth consecutive trading session in New York on Thursday. The stock went […]
Read moreApril 9, 2020 9:30 am
Amazon.com Inc (AMZN) intends to put to a halt a delivery service, aimed at competing with United Parcel Service and FedEx Corp in the United States, Reuters reported. Amazon shares closed higher for a third consecutive trading session on NASDAQ on Wednesday. The stock went up 1.56% ($31.40) to $2,043.00, after touching an intraday high […]
Read moreApril 9, 2020 7:21 am
According to Walt Disney Co’s (DIS) Executive Chairman Bob Iger, people visiting its theme parks may need to have their temperatures checked after the sites are again open for business and restrictions on public gatherings are removed. Walt Disney shares closed lower for the fifth time in the past ten trading sessions in New York […]
Read moreApril 8, 2020 9:38 am
Macy’s Inc (M) announced on Tuesday that Paula Price would step down from her role as Chief Financial Officer in May after almost two years spent as finance head. Macy’s shares closed higher for a fourth consecutive trading session in New York on Tuesday. The stock went up 4.97% ($0.28) to $5.91, after touching an […]
Read moreApril 8, 2020 7:36 am
In an attempt to keep conversations personal and private, Facebook’s WhatsApp intends to limit message forwarding to one chat at a time, it said in a Tuesday blog post. Since 2019 one user has been able to forward messages to 5 individuals or groups at once. Previously, the limit was set to 20. Facebook shares […]
Read moreApril 7, 2020 9:41 am
Over the past weekend, American Airlines Group Inc (AAL) announced that more flights in and out of New York City’s 3 key airports would be suspended until at least May 6th, as coronavirus cases continue to surge. American Airlines shares closed higher for the fourth time in the past ten trading sessions on NASDAQ on […]
Read more
