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 moreFebruary 14, 2020 7:49 am
Kohl’s Corp (KSS) said earlier this week that it would lay off 250 workers as part of business restructuring, after holiday season results disappointed. The department store operator’s comparable sales shrank 0.2% year-on-year in November and December. As a result, the company now projects fiscal 2019 earnings per share near the “low end” of the […]
Read moreFebruary 13, 2020 10:29 am
Great Western Bancorp Inc (GWB), the parent company of Great Western Bank, said earlier this week that Mark Borrecco had been appointed as the group’s next President and Chief Executive Officer, effective March 9th 2020. Shares of Great Western Bancorp Inc closed higher for a third consecutive trading session in New York on Wednesday. The […]
Read moreFebruary 13, 2020 8:05 am
CVS Health Corp’s (CVS) fourth-quarter earnings and revenue, reported on Wednesday, topped Wall Street estimates, supported by strength in its pharmacy benefit management and health care benefits businesses. CVS shares closed lower for the fourth time in the past ten trading sessions in New York on Wednesday. The stock edged down 0.14% ($0.10) to $73.75, […]
Read moreFebruary 12, 2020 10:14 am
Home Depot Inc (HD) said on Tuesday that it intended to hire 80 000 full-time and part-time associates this spring, as the company prepares for its busiest season of the year. Home Depot shares closed higher for a second consecutive trading session in New York on Tuesday. The stock went up 0.43% ($1.03) to $241.64, […]
Read moreFebruary 12, 2020 8:31 am
The US Federal Aviation Administration (FAA) said it still had several issues to resolve before a certification test flight on the Boeing 737 MAX could be conducted. The regulator, however, abstained from specifying when the jet’s flight ban would be lifted. Boeing shares closed lower for the fourth time in the past ten trading sessions […]
Read moreFebruary 11, 2020 10:27 am
General Motors Co (GM) announced on Monday that its manufacturing operations in China would be resumed on February 15th, as local authorities have been trying to contain a coronavirus outbreak that has so far caused the deaths of over 1000 people. General Motors shares closed higher for the sixth time in the past ten trading […]
Read moreFebruary 11, 2020 8:03 am
Bank of America Corp (BAC) Chief Executive Officer Brian Moynihan’s total compensation for 2019 has been left without change at $26.5 million, the Wall Street bank said in a filing with the Securities and Exchange Commission. Bank of America shares closed higher for the sixth time in the past ten trading sessions in New York […]
Read moreFebruary 10, 2020 9:05 am
Closures of Apple Inc’s (AAPL) retail stores in China are expected to be extended because of the coronavirus outbreak, the tech company said. Apple shares closed lower for the fifth time in the past ten trading sessions on NASDAQ on Friday. It has also been the steepest single-session loss since January 31st. The stock went […]
Read moreFebruary 7, 2020 9:48 am
Huawei Technologies Co Ltd was reported to have filed a lawsuit against Verizon Communications Inc (VZ) on allegations 12 of its patents were used by the US company with no authorization. Verizon shares closed higher for a third consecutive trading session in New York on Thursday. The stock went up 0.52% ($0.31) to $59.44, after […]
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