November 21, 2019 7:31 am
Apple Inc (AAPL) said on Wednesday that it had begun constructing its new campus in Austin, Texas, an area where it at present has nearly 7 000 employees. The new $1 billion campus, which is expected to open in 2022, will be situated at a short distance from Apple’s existing facility, where the new MacBook […]
Read moreNovember 20, 2019 10:07 am
Kohl’s Corp’s (KSS) third-quarter earnings and comparable sales, reported on Tuesday, fell short of Wall Street estimates. The retailer also revised down its full-year adjusted earnings forecast ahead of the holiday shopping season, which sent its shares down by almost 20% yesterday. Kohl’s shares closed lower for a second consecutive trading session in New York […]
Read moreNovember 20, 2019 8:02 am
Microsoft Teams, Microsoft Corp’s workplace messaging app, now has over 20 million daily active users, the tech company said on Tuesday. That figure compares with 13 million daily active users in July, Microsoft said. Microsoft shares closed higher for a ninth consecutive trading session on NASDAQ on Tuesday. The stock inched up 0.03% ($0.05) to […]
Read moreNovember 19, 2019 10:48 am
Trimble Inc (TRMB) said on Monday that David Barnes would become part of its team on December 2nd and would be appointed as its next Chief Financial Officer, effective January 4th 2020. Trimble shares closed lower for the seventh time in the past ten trading sessions on NASDAQ on Monday. It has also been the […]
Read moreNovember 19, 2019 8:11 am
Ford Motor Co’s rank-and-file members of the United Auto Workers union have voted in support of a new four-year labor contract with the US car maker, the union said last week. Ford shares closed flat at $8.95 in New York on Monday. The stock touched an intraday high at $9.05, which has been a price […]
Read moreNovember 18, 2019 9:30 am
United Airlines Holdings Inc (UAL), similar to its US peers, announced on Friday that cancellations of Boeing 737 MAX flights would be extended until March 4th, almost 1 year after regulators globally issued a safety ban on the jet. United Air shares closed lower for the fourth time in the past ten trading sessions on […]
Read moreNovember 15, 2019 10:45 am
Boeing Co (BA) said on Thursday that it had moved away from a key automation system, which it had used to manufacture fuselage sections for its 777 jets, after reports of reliability issues emerged. Instead, the plane maker will partially switch back to mechanics. Boeing shares closed higher for the sixth time in the past […]
Read moreNovember 15, 2019 7:43 am
Ford Motor Company (F) said on Thursday that it would begin taking reservations for its electric Sport-utility vehicle, Mustang Mach-E, on November 17th, when the SUV will be presented at an event in Los Angeles. Ford shares closed lower for a third consecutive trading session in New York on Thursday. The stock went down 0.23% […]
Read moreNovember 14, 2019 10:27 am
AbbVie Inc (ABBV) said earlier this week that it had priced its previously announced private offering of senior unsecured notes in a combined aggregate principal amount of $30 billion. The offering is expected to close on November 21st. AbbVie shares closed higher for a fourth consecutive trading session in New York on Wednesday. The stock […]
Read moreNovember 14, 2019 7:56 am
Disney+, Walt Disney’s long-awaited debut in the streaming media wars on November 12th was marked by technical glitches. According to the entertainment company, the issues resulted from higher-than-anticipated demand. Walt Disney shares closed higher for a second consecutive trading session in New York on Wednesday. It has also been the sharpest daily surge since April […]
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