June 5, 2019 9:39 am
CVS Health Corp (CVS) intends to expand health services such as blood pressure screenings and nutrition counseling to 1 500 stores by the end of 2021, the company said on Tuesday. CVS shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge since […]
Read moreJune 5, 2019 7:04 am
Earlier this week Loop Capital Markets raised its rating on Netflix Inc (NFLX) from “Hold” to “Buy”, since the digital media company has achieved a tremendous lead in subscription video streaming. Loop Capital Markets has also assigned a 12-month price target of $425 on the stock. Netflix shares closed higher for the sixth time in […]
Read moreJune 4, 2019 10:00 am
The US Commodity Futures Trading Commission (CFTC) is in “very early stages of conversations” with Facebook Inc (FB), as the regulator seeks to determine if the social media companys plans for a digital currency would fall under CFTCs scope, the Financial Times reported, citing the head of the CFTC Christopher Giancarlo. Facebook shares closed lower […]
Read moreJune 4, 2019 6:42 am
According to a Monday report by the Wall Street Journal, citing sources with knowledge of the matter, Goldman Sachs Group Inc’s merchant banking division intends to acquire Capital Vision Services LP in a deal estimated at $2.7 billion with the inclusion of debt. Goldman Sachs shares closed higher for the third time in the past […]
Read moreJune 3, 2019 8:06 am
Shares of Nucor Corp plunged to lows not seen in 135 weeks on Friday after Bank of America Merrill Lynch double downgraded the stock from ”Buy” to ”Underperform”, as it cited lower short-term steel prices, especially for products such as sheet and rebar. The brokerage also revised down its 12-month price target on the stock […]
Read moreMay 31, 2019 9:47 am
Shares of Dollar Tree Inc (DLTR) registered their largest single-session gain in 12 weeks on Thursday, after the company reported higher-than-anticipated revenue and earnings that came in line with Wall Street estimates during the first quarter. However, quarterly same-store sales at Dollar Tree stores fell short of estimates. Dollar Tree shares closed higher for the […]
Read moreMay 31, 2019 6:56 am
In a new blog post describing functions and guidelines, Apple Inc (AAPL) earlier this week publicly defended its App Store against intensifying criticism in relation to how the tech giant treats competitors. Apple shares closed higher for the fourth time in the past fifteen trading sessions on NASDAQ on Thursday. The stock went up 0.52% […]
Read moreMay 30, 2019 9:20 am
It may take time until August before Boeing Cos 737 MAX is put again in service, the head of the International Air Transport Association (IATA) said on Wednesday. Boeing shares closed lower for a second consecutive trading session in New York on Wednesday. It has also been the steepest daily loss since May 13th. The […]
Read moreMay 30, 2019 6:42 am
Three new executives have been appointed to Goldman Sachs Groups (GS) management committee – Todd Leland and James Paradise, the co-presidents of Goldmans Asia Pacific operations, excluding Japan, and Beth Hammack, Goldmans global treasurer, a memo sent by the banks top management revealed. Goldman Sachs shares closed lower for a second consecutive trading session in […]
Read moreMay 29, 2019 8:08 am
According to a Tuesday report by Bloomberg, citing sources with knowledge of the matter, Tesla Inc (TSLA) is considering to price its Model 3 vehicles produced in China between CNY 300 000 and CNY 350 000 (or between $43 402 and $50 636*) before subsidies. Tesla shares closed lower for a second consecutive trading session […]
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