September 10, 2019 9:33 am
Boing Co (BA) said during the past weekend that load testing of its new widebody 777X jet had been suspended due to a cargo door incident during a ground stress test. Boeing shares closed lower for the third time in the past thirteen trading sessions in New York on Monday. The stock went down 1.16% […]
Read moreSeptember 10, 2019 6:57 am
Amazon.com Inc (AMZN) said on Monday that it would hold hiring events across the United States next week, as it is seeking to fill over 30 000 vacant posts by early 2020. Amazon shares closed lower for a second consecutive trading session on NASDAQ on Monday. The stock edged down 0.12% ($2.16) to $1,831.35, after […]
Read moreSeptember 9, 2019 8:03 am
According to a report by Reuters, citing people with knowledge of the matter, Exxon Mobil Corp has agreed on a sale of its oil and gas assets in Norway for as much as $4 billion. A later report by Norway’s Dagens Naeringsliv stated that the buyer was Var Energi, while an official announcement of the […]
Read moreSeptember 6, 2019 8:25 am
Cloudera Inc (CLDR) J.P. Morgan on Thursday maintained a “Neutral” rating on Cloudera Inc and revised up its 12-month price target on the stock from $8 to $9. At the same time, Wedbush also reiterated its “Neutral” rating on the stock and lifted its price target from $7.00 to $8.50 per share. Shares of Cloudera […]
Read moreSeptember 5, 2019 9:45 am
Facebook Inc (FB) said earlier this week that its face recognition technology would be made available to all of its users with an option to opt out. In addition, the “Tag Suggestions” feature has been discontinued. Facebook shares closed higher for the sixth time in the past eleven trading sessions on NASDAQ on Wednesday. It […]
Read moreSeptember 5, 2019 6:48 am
Activision Blizzard (ATVI) BMO Capital Markets on Wednesday upgraded Activision Blizzard to “Outperform”, as it cited a “stronger conviction that the company’s restructuring efforts and investments in core games like Call of Duty and World of Warcraft will generate an improvement in financial performance.” The brokerage firm also revised up its 12-month price target on […]
Read moreSeptember 4, 2019 9:45 am
Walmart Inc’s Mexico division said on Monday that it was now offering delivery within three hours for a range of home appliances and technology products that can be shopped on-line. The move is meant to respond to competition from Amazon.com Inc when it comes to rapid shipping. Amazon currently offers same-day delivery for particular items […]
Read moreSeptember 4, 2019 6:45 am
Amazon.com Inc (AMZN) RBC Capital Markets on Tuesday raised its 12-month price target on Amazon.com Inc from $2 250 to $2 600, citing an expected positive impact from the company’s new Prime one-day shipping. The brokerage maintained an “Outperform” rating on the stock. Amazon shares closed higher for the eighth time in the past thirteen […]
Read moreSeptember 3, 2019 9:47 am
United Airlines Holdings Inc (UAL) said on Friday that it had pulled its 14 Boeing 737 MAX 9 aircraft off its flight schedule until December 19th, as the jet’s global grounding nears the six-month mark. United Air shares closed lower for the third time in the past eleven trading sessions on NASDAQ on Friday. The […]
Read moreSeptember 3, 2019 6:48 am
According to ECB board member Yves Mersch, the proposed Libra digital coin by Facebook Inc (FB) may undermine the European Central Bank’s ability to set monetary policy and its siren call of “treacherous promises” should be ignored. Facebook shares closed higher for a fifth consecutive trading session on NASDAQ on Friday. The stock inched up […]
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