February 7, 2020 8:06 am
According to a report by Bloomberg, citing a source familiar with the matter, Goldman Sachs Group Inc (GS) intends to enter Japan’s wealth management business. Goldman Sachs shares closed lower for the fifth time in the past ten trading sessions in New York on Thursday. The stock went down 1.02% ($2.48) to $241.82, after touching […]
Read moreFebruary 6, 2020 10:28 am
GMS Inc (GMS), a leading specialty distributor of interior building products in North America, said earlier this week that it had bought Trowel Trades Supply Inc, a distributor based in Colchester, Vermont. However, financial details of the agreement remained undisclosed. GMS shares closed higher for a second consecutive trading session in New York on Wednesday. […]
Read moreFebruary 6, 2020 8:16 am
eBay Inc (EBAY) has recently faced more pressure from activist shareholder Starboard Value LP to sell eBay Classifieds Group. According to Starboard, current progress is not enough to increase shareholder value. eBay shares closed lower for the fifth time in the past ten trading sessions on NASDAQ on Wednesday. The stock went down 0.76% ($0.28) […]
Read moreFebruary 5, 2020 10:43 am
MoffettNathanson was reported to have upgraded Comcast Corp (CMCSA) to “Buy” from “Neutral”, as the firm said the shares were “too cheap on any reasonable sum-of-the-parts valuation.” MoffettNathanson also raised its 12-month price target on the stock from $49 to $52, suggesting a 17.43% upside from yesterday’s closing price. Comcast shares closed higher for the […]
Read moreFebruary 5, 2020 7:50 am
According to a report by Reuters, citing a company memo, Citigroup Inc (C) has named Peter Crawley as head of its treasury and trade solutions (TTS) team for Britain and Europe, effective April 6th. Citigroup shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest […]
Read moreFebruary 4, 2020 10:08 am
A battery supply agreement has been signed between Tesla Inc (TSLA) and CATL, China’s leading electric vehicle battery manufacturer based in the city of Ningde. Tesla shares closed higher for a fifth consecutive trading session on NASDAQ on Monday. It has also been the sharpest daily surge since May 9th 2013. The stock went up […]
Read moreFebruary 4, 2020 8:08 am
Apple Inc (AAPL) said during the weekend that it would close all of its official stores and corporate offices in mainland China until February 9th amid rising coronavirus outbreak concerns as the death toll has reached more than 350. This way Apple is joining a group of international companies such as McDonald’s Corp and Starbucks […]
Read moreFebruary 3, 2020 9:05 am
International Business Machines Corp (IBM) said last week that its Chief Executive Officer Ginni Rometty would step down in April and would be succeeded by Arvind Krishna, the head of its cloud business. IBM shares closed higher for the fifth time in the past ten trading sessions in New York on Friday. It has also […]
Read moreJanuary 31, 2020 10:23 am
Goldman Sachs Group Inc (GS) earlier this week unveiled long-term targets to support growth of many of its businesses, as it attempts to expand in segments dominated by J.P. Morgan Chase and Bank of America. Goldman Sachs shares closed higher for the fourth time in the past ten trading sessions in New York on Thursday. […]
Read moreJanuary 31, 2020 7:46 am
United Parcel Service Inc (UPS) said earlier this week that it would order 10 000 electric delivery trucks from Arrival Ltd, as it seeks to reduce costs and tailpipe pollution. The package delivery company also announced a tie-up with Waymo, the self-driving unit of Alphabet Inc. United Parcel shares closed lower for the seventh time […]
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