May 28, 2019 9:27 am
Last week United Continental Holdings Inc (UAL) said that its 14 Boeing 737 MAX planes would be taken off its schedule for one more month, through August 3rd. This will lead to the cancellation of another 1 290 flights, the air carrier warned. United Air shares closed lower for a third consecutive trading session on […]
Read moreMay 28, 2019 7:13 am
According to a Monday report by Reuters, Alphabet Incs Google intends to establish a new data center in Hamina, Finland. The tech company said it would invest nearly EUR 600 million in the project. Alphabet shares closed lower for a second consecutive trading session on NASDAQ on Friday. The stock went down 0.64% ($7.30) to […]
Read moreMay 27, 2019 9:38 am
Goldman Sachs said its estimated probability of a no-deal Brexit was now 15%, up from 10% previously, after British Prime Minister Theresa May announced her resignation in London on Friday. May said she intended to step down as the leader of the Conservative Party on June 7th. Goldman Sachs shares closed higher for the seventh […]
Read moreMay 27, 2019 7:15 am
Shares of Boeing Co (BA) touched highs not seen in two weeks on Friday following reports in the media that the Federal Aviation Administration (FAA) anticipates to approve the grounded 737 MAX to return to service as soon as late June. Boeing shares closed higher for the seventh time in the past twelve trading sessions […]
Read moreMay 24, 2019 9:29 am
An exclusive deal over operation and development of Starbucks Corp’s (SBUX) retail business in Thailand has been inked between a Hong-Kong-headquartered company and an entity managed by Thai billionaire Charoen Sirivadhanabhakdi, Reuters reported. Starbucks shares closed lower for a second consecutive trading session on NASDAQ on Thursday. It has also been the steepest daily loss […]
Read moreMay 23, 2019 10:25 am
According to a report by Bloomberg, citing a spokesperson for Twitter Inc (TWTR), the social media company has been experimenting with ad load, a term reflecting how often advertisements are shown to users. This resulted in some Twitter users receiving more advertisements in their feed than usual. Twitter shares closed higher for a second consecutive […]
Read moreMay 23, 2019 7:03 am
According to a statement by European Competition Commissioner Margrethe Vestager on Wednesday, Alphabets Google is compliant with an EU order aimed to encourage competition in on-line shopping. Alphabet shares closed higher for a second consecutive trading session on NASDAQ on Wednesday. The stock edged up 0.16% ($1.79) to $1,151.42, after touching an intraday high at […]
Read moreMay 22, 2019 9:04 am
According to a recent investor note by Morgan Stanley, if Tesla Incs (TSLA) share price continues to drop, this increases the chance of a sell-off in the upcoming years. In the brokerage firms worst-case scenario, Teslas stock could now be worth just $10. At the same time, Morgan Stanley maintained its “Equal-Weight” rating on the […]
Read moreMay 22, 2019 7:16 am
Snap Inc (SNAP) said on Monday that it had appointed Derek Andersen as its next Chief Financial Officer. The new appointment comes several months after Tim Stone left Snap after serving as CFO for less than 12 months. At that time, Lara Sweet, who joined Snap in June 2016, was named as interim Chief Financial […]
Read moreMay 21, 2019 9:27 am
According to a report by Reuters, citing an email to Ford Motor Co employees, the auto maker intends to reduce its global salaried workforce by about 10% in relation with a broader restructuring aimed to save $600 million per year. Almost 7 000 jobs are to be cut by the end of August. At the […]
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