November 28, 2019 11:05 am
Deere & Co’s fourth-quarter profit, reported on Wednesday, registered an 8.96% year-on-year drop, as trade frictions and poor weather in the US farm belt weighed on results. Deere shares closed lower for the fifth time in the past ten trading sessions in New York on Wednesday. It has also been the steepest daily loss since […]
Read moreNovember 28, 2019 8:09 am
The Federal Aviation Administration (FAA) announced that Boeing Co had been informed the regulator would be the sole issuer of airworthiness certificates for all new 737 MAX jets. Boeing shares closed lower for the fourth time in the past ten trading sessions in New York on Wednesday. It has also been the steepest daily loss […]
Read moreNovember 27, 2019 10:13 am
Dollar Tree Inc’s (DLTR) third-quarter revenue, reported on Tuesday, exceeded Wall Street estimates, as renovated stores and expanded product assortment lured more shoppers to its namesake and the Family Dollar chain. However, the company now projects holiday-quarter earnings below market consensus, because of an anticipated impact from US tariffs on imported goods from China. Dollar […]
Read moreNovember 27, 2019 7:56 am
According to a report by Bloomberg, citing sources with knowledge of the matter, Intel Corp (INTC) is looking for buyers of its connected home business and has hired a financial adviser for a potential deal. Intel shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. The stock edged up 0.15% ($0.09) […]
Read moreNovember 26, 2019 10:32 am
According to a report by Reuters, citing a source with knowledge of the matter, Apple Inc (AAPL) will postpone the planned December theater release of ”The Banker”, one of the company’s first original movies. The film’s debut on the Apple TV+ streaming service will also probably be postponed, Apple said. Apple shares closed higher for […]
Read moreNovember 26, 2019 8:11 am
General Electric Co (GE) said on Monday that Carolina Dybeck Happe, currently Chief Financial Officer and Executive Vice President at A.P. Moller-Maersk, had been appointed as its next Senior Vice President and Chief Financial Officer, effective in early 2020. General Electric shares closed higher for a third consecutive trading session in New York on Monday. […]
Read moreNovember 25, 2019 9:00 am
Boeing Co (BA) said last week that Ann Toulouse, its current head of corporate communications, would step down from her role and retire in 2020. Toulouse, 61, is the second high-ranking female communications executive to leave the company. Boeing announced earlier this month that Linda Mills, vice president of Communications for Boeing’s Commercial Airplanes unit, […]
Read moreNovember 22, 2019 10:45 am
Macy’s Inc (M) reported on Thursday a sharper drop in quarterly comparable sales than anticipated as a result of weak international tourism and sluggish mall traffic. The department store operator also revised down its full-year adjusted earnings forecast. Macy’s shares closed lower for a third consecutive trading session in New York on Thursday. It has […]
Read moreNovember 22, 2019 8:08 am
Fiat Chrysler Automobiles NV announced on Thursday the recall of almost 700 000 Sport-utility vehicles (SUVs) internationally due to a problematic electrical connection, which could prevent vehicle engines from starting or could cause them to stall. Fiat Chrysler said that nearly 528 500 vehicles in the United States, 34 700 vehicles in Canada, 18 100 […]
Read moreNovember 21, 2019 10:29 am
Lowe’s Companies Inc’s (LOW) third-quarter earnings, reported on Wednesday, exceeded Wall Street estimates, as industrial items such as drills and power saws lured more high-spending building contractors. The home improvement chain also revised up its full-year adjusted earnings forecast. Shares of Lowe’s Companies Inc closed higher for the fifth time in the past ten trading […]
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