December 5, 2019 10:05 am
United Airlines Holdings Inc (UAL) said earlier this week that it had ordered 50 A321XLR jets from Airbus SE for routes between the US East Coast and Europe. The long-range A321XLR jets are to replace the air carrier’s fleet of 53 Boeing 757-200 aircraft as early as 2024. United Air shares closed lower for a […]
Read moreDecember 5, 2019 7:46 am
Tesla Inc’s (TSLA) Model X Sport-utility vehicle has received a five-star rating by the European New Car Assessment Programme (NCAP) in standard tests for Europe. Tesla shares closed lower for the fifth time in the past ten trading sessions on NASDAQ on Wednesday. It has also been the steepest daily loss since November 26th. The […]
Read moreDecember 4, 2019 10:10 am
UnitedHealth Group Inc (UNH) issued earlier this week its profit forecast for full year 2020. The health insurer projects full-year adjusted earnings within the range of $16.25 to $16.55 per share, while the median analyst estimate points to earnings of $16.46 per share. UnitedHealth shares closed lower for a fifth consecutive trading session in New […]
Read moreDecember 4, 2019 8:01 am
According to a report by Globes on Tuesday, Intel Corp (INTC) is in advanced talks over a potential acquisition of Israeli AI firm Habana Labs, valued at approximately $1 billion. Intel shares closed lower for a fourth consecutive trading session on NASDAQ on Tuesday. It has also been the steepest daily loss since August 23rd. […]
Read moreDecember 3, 2019 11:03 am
Dell Technologies Inc (DELL) said on Monday that Jeff Clarke had been appointed as its next Chief Operating Officer and vice chairman. Most recently, he was vice chairman of Products & Operations at Dell. Dell shares closed lower for a fourth consecutive trading session in New York on Monday. It has also been the steepest […]
Read moreDecember 3, 2019 8:14 am
Britain’s Competition and Markets Authority announced on Monday that it had embarked on an investigation into Google’s acquisition of big-data analytics company Looker Data Sciences. Revealed in June, the $2.6 billion buyout deal is the first major acquisition for Google’s new cloud Chief Executive Officer, Thomas Kurian. Alphabet shares closed lower for a third consecutive […]
Read moreDecember 2, 2019 9:32 am
NexGen Energy Ltd (NXE), a corporation focused on the acquisition, exploration and development of Canadian uranium projects, said on Friday that Bruce Sprague had tendered his resignation as Chief Financial Officer, effective November 29th. Meanwhile, a formal search for a new CFO has been initiated, NexGen said. Shares of NexGen Energy Ltd closed higher for […]
Read moreDecember 2, 2019 7:56 am
According to a report by business newspaper Expansión, citing sources with knowledge of the matter, Orange SA is preparing the sale of 1 500 mobile towers in Spain. Similar to other companies in the industry, the move is expected to grant Orange flexibility to invest in 5G network deployment. In Paris, shares of Orange SA […]
Read moreNovember 29, 2019 10:33 am
Amazon.com Inc (AMZN) said it intended to double the number of workers hired for this year’s holiday shopping season to 200 000, after the e-commerce giant has opened more warehouses, sortation hubs as well as delivery stations. Amazon shares closed higher for a fourth consecutive trading session on NASDAQ on Wednesday. The stock went up […]
Read moreNovember 29, 2019 8:36 am
Apollo Global Management (APO) was reported to have increased its takeover bid for Tech Data Corp (TECD) to $145 per share from $135 per share, after Tech Data got a rival offer from another company. Under the new offer, the deal now has an enterprise value of approximately $6 billion. Shares of Apollo Global Management […]
Read more
