December 23, 2019 8:59 am
United Airlines Holdings Inc (UAL) said on Friday that it would pull Boeing 737 MAX from its flight schedule until June 4th. Previously, it had announced flight cancellations until early March. United Air shares closed higher for a second consecutive trading session on NASDAQ on Friday. The stock edged up 0.07% ($0.06) to $89.28, after […]
Read moreDecember 20, 2019 10:35 am
FedEx Corp (FDX) said earlier this week that continued investments in seven-day ground delivery service along with “operational synergies” in Europe could help the shipping company outpace Amazon.com Inc during fiscal year 2021. FedEx shares closed higher for the sixth time in the past ten trading sessions in New York on Thursday. The stock edged […]
Read moreDecember 20, 2019 8:33 am
American International Group Inc (AIG) said on Thursday that Peter Zaffino, its global Chief Operating Officer and head of its general insurance business, had been appointed as its new President, effective January 1st. AIG shares closed lower for the fifth time in the past ten trading sessions in New York on Thursday. The stock edged […]
Read moreDecember 19, 2019 10:07 am
A “longstanding” tax dispute has been settled between Alphabet Inc’s Google and the Australian Taxation Office (ATO), after the tech company paid additional AUD 481.5 million on top of its preceding tax bill. Alphabet shares closed lower for a second consecutive trading session on NASDAQ on Wednesday. The stock edged down 0.18% ($2.50) to $1,352.62, […]
Read moreDecember 19, 2019 8:13 am
Ford Motor Co (F) revealed earlier this week plans to invest over $1.45 billion in two manufacturing facilities in Detroit, Michigan, and create 3 000 jobs. Ford shares closed higher for the sixth time in the past ten trading sessions in New York on Wednesday. The stock went up 1.60% ($0.15) to $9.54, after touching […]
Read moreDecember 18, 2019 10:10 am
Southwest Airlines Co (LUV), the largest 737 MAX operator in the United States, said on Tuesday that it would cancel nearly 300 flights per day from its weekday schedule of nearly 4 000 flights through April 13th, as the MAX global grounding continues. Southwest’s decision follows a similar move by rival American Airlines, which has […]
Read moreDecember 18, 2019 8:31 am
Intel Corp (INTC) said earlier this week that it had acquired Habana Labs, an artificial intelligence company based in Israel, in a deal valued at nearly $2 billion. Intel shares closed lower for a second consecutive trading session on NASDAQ on Tuesday. It has also been the steepest daily loss since December 3rd. The stock […]
Read moreDecember 17, 2019 10:23 am
Walt Disney’s “Frozen II” has now earned more than $1 billion since its debut and has become the sixth movie from the studio, along with “Captain Marvel,” “Aladdin,” “The Lion King,” “Avengers: Endgame” and “Toy Story 4” to achieve this in 2019. “Frozen II” has also become the seventh largest animated release in history internationally. […]
Read moreDecember 17, 2019 8:30 am
Verdi trade union reportedly called for an employee strike during the final shopping days before Christmas at one of Amazon’s crucial logistics centers in Germany in relation with demands of better wages and work conditions. Amazon shares closed higher for a fourth consecutive trading session on NASDAQ on Monday. The stock went up 0.47% ($8.27) […]
Read moreDecember 16, 2019 9:22 am
Ford Motor Company (F) announced on Friday a recall of 547 538 of its Super Duty pickup trucks in the United States, Canada and Mexico due to heightened risk of post-crash interior fire. Ford shares closed lower for the fifth time in the past ten trading sessions in New York on Friday. It has also […]
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