September 18, 2019 8:24 am
Amazon Music said on Tuesday that it had launched Amazon Music HD – a new tier of high quality, lossless audio offering over 50 million songs in High Definition and millions of songs in Ultra High Definition. Amazon Music HD is now available in Germany, Japan, the United States and the United Kingdom. Amazon shares […]
Read moreSeptember 17, 2019 9:35 am
Nucor Corp said on Monday that it now expected earnings within the range of $0.75 to $0.80 per share during the third quarter ended on September 28th. The forecast range compares with earnings of $1.26 per share during the second quarter of 2019 and earnings of $2.13 per share during the third quarter of 2018. […]
Read moreSeptember 17, 2019 6:42 am
LG Display Co Ltd said on Monday that Jeong Ho-young, the current Chief Operation Officer and Chief Finance Officer at LG Chem, had been appointed as its next Chief Executive Officer, after current CEO Han Sang-beom offered to resign amid increasing losses. LG Display shares closed lower for a second consecutive trading session in New […]
Read moreSeptember 16, 2019 7:58 am
Ford Motor Company (F) on Friday announced the recall of some 2017 Explorer Sport utility vehicles, after 31 people had reportedly injured their hands on sharp edges down the side of the vehicles’ front seat. Ford shares closed higher for the fourth time in the past nine trading sessions in New York on Friday. The […]
Read moreSeptember 13, 2019 9:37 am
Tesla Inc (TSLA) said in a tweet earlier this week that it set a new record for the fastest four-door sedan at the renowned Laguna Seca race track in Monterey, California. The lap was completed with a new prototype version of Tesla’s Model S sedan having three motors and a new “Plaid” powertrain. Tesla shares […]
Read moreSeptember 13, 2019 7:15 am
Walmart Inc (WMT) said on Thursday that it intended to expand a new “unlimited” grocery delivery service to about 1 400 stores during the fall. Walmart shares closed higher for the ninth time in the past seventeen trading sessions in New York on Thursday. The stock went up 0.78% ($0.90) to $116.92, after touching an […]
Read moreSeptember 12, 2019 9:15 am
The Swiss Financial Market Supervisory Authority (FINMA) said on Wednesday that Facebook Inc’s Libra digital currency project was seeking a payment system license in the country. Facebook shares closed higher for the ninth time in the past sixteen trading sessions on NASDAQ on Wednesday. It has also been the sharpest daily surge since September 5th. […]
Read moreSeptember 12, 2019 7:27 am
McDonald’s Corporation (MCD) said earlier this week that it intended to acquire tech firm Apprente, as the fast-food chain seeks to automate the drive-thru. Financial terms of the deal, however, remained undisclosed. McDonald’s shares closed higher for the sixth time in the past eleven trading sessions in New York on Wednesday. The stock edged up […]
Read moreSeptember 11, 2019 9:05 am
Micron Technology Inc (MU) KeyBanc Capital Markets on Tuesday raised its 12-month price target on Micron Technology Inc from $45 to $58, citing “early signs” of a memory chip recovery with “signs of tightening supply in some markets as demand elasticity for NAND kicks in.” The brokerage firm maintained an “Overweight” rating on the stock. […]
Read moreSeptember 11, 2019 7:02 am
Citigroup Inc (C) said earlier this week that it projected a net interest income growth of 3% to 4% for the full year. Previously, it had forecast a 4% growth. The Wall Street bank also expects a drop in trading and investment banking fees during the third quarter. Citigroup shares closed higher for a second […]
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