January 22, 2020 10:03 am
J.P. Morgan Chase & Co (JPM) said that it had established a new division named the Development Finance Institution in an attempt to support private investment in emerging-market development projects. J.P. Morgan Chase shares closed lower for the fourth time in the past ten trading sessions in New York on Tuesday. The stock went down […]
Read moreJanuary 22, 2020 8:15 am
Facebook Inc (FB) plans to bolster its workforce in London by hiring 1 000 people in 2020 in roles such as product development and safety. Facebook shares closed lower for the third time in the past ten trading sessions on NASDAQ on Tuesday. The stock went down 0.32% ($0.70) to $221.44, after touching an intraday […]
Read moreJanuary 21, 2020 10:00 am
According to a report by Reuters, citing an internal memo by Walmart Inc (WMT), Steve Bratspies, Chief Merchandising Officer of Walmart U.S., is to part ways with the company. Walmart shares closed lower for the seventh time in the past ten trading sessions in New York on Friday. It has also been the steepest daily […]
Read moreJanuary 21, 2020 7:57 am
Bank of America Corp’s (BAC) Chief Executive Officer, Brian Moynihan, told the Financial Times that the Wall Street bank sought to double its consumer market share in the United States. However, he did not provide a time frame for achieving such an objective. Bank of America shares closed lower for the fifth time in the […]
Read moreJanuary 20, 2020 8:56 am
Netflix Inc (NFLX) said last week that it intended to develop over 20 original French-language productions this year. The streaming company also said it had opened a new office in Paris. Netflix shares closed higher for the fifth time in the past ten trading sessions on NASDAQ on Friday. The stock went up 0.31% ($1.05) […]
Read moreJanuary 17, 2020 10:09 am
In a recruitment notice on its official WeChat account, Tesla Inc (TSLA) said that it intended to establish a design and research center in China to produce “Chinese-style” vehicles. Tesla shares closed lower for a second consecutive trading session on NASDAQ on Thursday. The stock went down 0.97% ($5.01) to $513.49, after touching an intraday […]
Read moreJanuary 17, 2020 7:49 am
Southwest Airlines Co (LUV), the largest 737 MAX operator in the United States, said on Thursday that it would cancel nearly 330 flights per day from its weekday schedule of over 4 000 flights through June 6th in an attempt to “reduce last-minute flight cancellations and unexpected disruptions.” Southwest’s decision follows similar moves by competitors […]
Read moreJanuary 16, 2020 10:23 am
UnitedHealth Group Inc’s (UNH) quarterly earnings, reported on Wednesday, exceeded Wall Street estimates, supported by revenue growth at its Optum unit. UnitedHealth shares closed higher for a second consecutive trading session in New York on Wednesday. It has also been the sharpest daily surge since November 15th. The stock went up 2.83% ($8.17) to $296.41, […]
Read moreJanuary 16, 2020 8:18 am
Boeing Co (BA) reported earlier this week the most disappointing annual net orders in decades, while its jet deliveries plunged to an 11-year low, as the company has lost the top spot to its main rival Airbus due to the global grounding of the 737 MAX. Boeing shares closed lower for the fourth time in […]
Read moreJanuary 15, 2020 10:05 am
Ford Motor Co (F) revealed plans to invest $82 million to expand annual production capacity at its facility in northern Vietnam to 40 000 vehicles from the current capacity level of 14 000 vehicles per year. Ford shares closed higher for the fifth time in the past ten trading sessions in New York on Tuesday. […]
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