November 6, 2019 7:51 am
The International Organization of Securities Commissions (IOSCO) said earlier this week that existing securities rules might apply to ”stablecoin” digital currency initiatives such as the Libra project by Facebook Inc (FB). Facebook shares closed lower for the third time in the past ten trading sessions on NASDAQ on Tuesday. The stock edged down 0.21% ($0.40) […]
Read moreNovember 5, 2019 9:57 am
Subaru of America Inc said on Monday that its vehicle sales had increased 0.3% in October compared to the same month last year to a total of 55,531 units. October has been the 68th consecutive month, during which the auto maker’s sales exceeded 40 000 vehicles. Subaru of America Inc’s year-to-date sales registered a 4.0% […]
Read moreNovember 5, 2019 8:24 am
According to a report by the Wall Street Journal during the weekend, citing unidentified sources, US federal law enforcement officials are investigating Under Armour Inc (UAA) to determine if the company shifted sales from quarter to quarter in order to appear in better financial health. Under Armour shares closed lower for the fifth time in […]
Read moreNovember 4, 2019 8:52 am
American International Group Inc’s (AIG) third-quarter earnings, reported on Friday, fell short of Wall Street estimates, as income at its life and retirement business dropped. AIG shares closed higher for a third consecutive trading session in New York on Friday. It has also been the sharpest daily surge since October 10th. The stock went up […]
Read moreNovember 1, 2019 10:19 am
Dunkin’ Brands Group Inc’s (DNKN) third-quarter earnings, reported on Thursday, exceeded Wall Street estimates, as expenses decreased. The company also revised up its full-year earnings forecast, as it bet on delivery improvement and the addition of new menu items. Shares of Dunkin Brands Group closed higher for the sixth time in the past nineteen trading […]
Read moreNovember 1, 2019 7:43 am
According to a report by the Financial Times earlier this week, citing sources with knowledge of the matter, Citigroup Inc (C) intends to withdraw from 30 foreign exchange platforms. Citigroup shares closed lower for a third consecutive trading session in New York on Thursday. It has also been the steepest daily loss since October 16th. […]
Read moreOctober 31, 2019 9:58 am
General Electric Co (GE) on Wednesday reported a quarterly loss of $1.3 billion. However, on an adjusted basis, the company reported a higher-than-anticipated profit during the third quarter and also revised up its free cash flow forecast for the full year. General Electric shares closed higher for the eighth time in the past thirteen trading […]
Read moreOctober 31, 2019 7:45 am
Amazon.com Inc (AMZN) said earlier this week that its grocery delivery service for Prime members in the United States would be made free-of-charge. Additionally, all orders for groceries will be integrated into one portal. Amazon shares closed higher for the ninth time in the past fifteen trading sessions on NASDAQ on Wednesday. It has also […]
Read moreOctober 30, 2019 10:52 am
Pfizer Inc’s (PFE) third-quarter earnings, reported on Tuesday, surged past Wall Street estimates, supported by strong sales of its breast cancer drug Ibrance. The company also revised up its full-year earnings forecast. Pfizer shares closed higher for a third consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge […]
Read moreOctober 30, 2019 7:47 am
Jefferies raised its 12-month price target on Apple Inc (AAPL) from $260 to $285 and also maintained a ”Buy” rating on the stock, as sales of the latest iPhone may turn out to be “better than feared.” Apple shares closed lower for the fifth time in the past fifteen trading sessions on NASDAQ on Tuesday. […]
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