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Walt Disney shares hit a fresh all-time high on Wednesday, Disney+ launch experiences tech glitches, demand to blame, company says

November 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 […] Read more

Neptune shares close lower on Monday, company enters into definitive agreement with IFF over hemp-derived CBD product development

November 12, 2019 10:13 am
Neptune Wellness Solutions Inc (NEPT) said on Monday that it had entered into a definitive agreement with International Flavors & Fragrances Inc (IFF) in relation with co-development of hemp-derived CBD products for the mass retail and health & wellness markets. Shares of Neptune Wellness Solutions Inc closed lower for the fifth time in the past […] Read more

Blackstone shares gain the most in a week on Monday, private equity firm to take majority stake in MagicLab

November 12, 2019 7:48 am
Blackstone Group Inc (BX) said last week that it would take a majority stake in MagicLab, the parent company of dating applications “Badoo” and “Bumble”. Blackstone valued MagicLab at approximately $3 billion. Blackstone shares closed higher for a second consecutive trading session in New York on Monday. It has also been the sharpest daily surge […] Read more

Ford shares fall for a second straight session on Thursday, US Justice Department requests all documents related to Focus, Fiesta transmission

November 8, 2019 10:41 am
According to a report by the Detroit Free Press earlier this week, the US Justice Department has requested documents associated with the transmission used in nearly 2 million Ford Fiesta and Ford Focus vehicles, which have been sold since 2010. Ford shares closed lower for a second consecutive trading session in New York on Thursday. […] Read more

Twitter shares fall for a third straight session on Thursday, two former Twitter employees charged with espionage on behalf of Saudi Arabia

November 8, 2019 7:40 am
The US Department of Justice on Wednesday imposed charges on two former Twitter employees for committing espionage on behalf of Saudi Arabia. According to the charges, Ali Alzabarah and Ahmad Abouammo used their employee credentials in order to gain access to data (birth dates, email addresses, phone numbers, internet protocol addresses) about particular Twitter users. […] Read more

CVS shares rebound on Wednesday, third-quarter profit exceeds estimates supported by pharmacy services and health care benefits businesses

November 7, 2019 10:26 am
CVS Health Corp’s (CVS) third-quarter earnings, reported on Wednesday, topped Wall Street estimates, supported by strength in its pharmacy benefit management and Aetna health insurance businesses. CVS Health also revised up its full-year forecast for adjusted earnings. CVS shares closed higher for the seventh time in the past ten trading sessions in New York on […] Read more