September 26, 2019 8:34 am
According to a report by Bloomberg, citing sources familiar with the matter, Ford Motor Company (F) is on track to move the majority of its Indian assets to a joint venture with Mahindra & Mahindra Ltd. The decision comes after the US company did not manage to make significant inroads for over 20 years in […]
Read moreSeptember 25, 2019 8:49 am
Alphabet’s Google has achieved victory against stricter “right to be forgotten” rules, after the European Court of Justice ruled on Tuesday that the tech company would not have to remove links to sensitive personal data internationally. As a result, France’s demand has been rejected. Alphabet shares closed lower for the fourth time in the past […]
Read moreSeptember 25, 2019 4:56 am
Guggenheim on Tuesday raised its rating on Snap Inc (SNAP) from “Neutral” to “Buy”, as the firm cited “strong usage trends” among other factors, which could support higher advertiser demand. Snap shares closed lower for the third time in the past ten trading sessions in New York on Tuesday. It has also been the steepest […]
Read moreSeptember 24, 2019 9:12 am
In an internal memo, cited by CNBC, Walmart announced that it would discontinue sales of e-cigarettes in its Walmart and Sam’s Club locations across the United States, as it pointed out “regulatory complexity” and “uncertainty” surrounding this particular industry. The decision also comes at a time when the Trump administration has been preparing a federal […]
Read moreSeptember 24, 2019 6:47 am
According to a Monday report by Reuters, citing sources with knowledge of the matter, the EU antitrust regulator may launch a probe into Boeing Co’s (BA) bid for a controlling stake in Embraer’s commercial aircraft business. Boeing shares closed lower for a third consecutive trading session in New York on Monday. The stock went down […]
Read moreSeptember 23, 2019 7:14 am
According to a statement by Google’s Chief Executive Officer Sundar Pichai at a news conference in Finland, the company intends to invest additional EUR 3 billion over the upcoming two years in the expansion of its data centers across Europe. Alphabet shares closed lower for the fifth time in the past thirteen trading sessions on […]
Read moreSeptember 20, 2019 10:01 am
Tesla’s Model 3 sedan has been awarded the top safety rating by the Insurance Institute of Highway Safety (IIHS) and has become the first Tesla vehicle to do so, Reuters reported. Tesla shares closed higher for the sixth time in the past thirteen trading sessions on NASDAQ on Thursday. It has also been the sharpest […]
Read moreSeptember 20, 2019 7:26 am
Wells Fargo & Company (WFC) said on Thursday that it would collaborate with data platform Plaid over data exchange. As a result of the agreement, clients of Wells Fargo will be enabled to conveniently and more securely share their financial information with the digital financial tools and services, supported by Plaid, through the use of […]
Read moreSeptember 19, 2019 9:28 am
Southwest Airlines Co (LUV) said on Wednesday that it had continued to experience solid demand and strong passenger yield trends during the third quarter from a year ago. Therefore, the air carrier reiterated its operating revenue per available seat mile (unit revenue) forecast for the third quarter, expecting 3% to 5% year-on-year growth. Shares of […]
Read moreSeptember 19, 2019 7:57 am
LG Display Co Ltd announced earlier this week a voluntary redundancy program for its production line employees in South Korea at a time of widening financial losses. LG Display shares closed lower for a fourth consecutive trading session in New York on Wednesday. The stock went down 1.31% ($0.08) to $6.04, after touching an intraday […]
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