May 6, 2019 8:15 am
According to a statement by General Motors Company on Friday, 368 000 medium- and heavy-duty diesel trucks with engine-block heaters are to be recalled due to risk of fire. A spokesperson for the company said that so far there had been no reports of injuries, accidents or deaths related to the recall. General Motors shares […]
Read moreMay 3, 2019 7:35 am
According to an announcement by Caterpillar Inc (CAT) on Thursday, it intends to raise quarterly cash dividend and repurchase shares over the upcoming four years. Additionally, the company projects an increase in revenue at its services unit. Caterpillar shares closed lower for a second consecutive trading session in New York on Thursday. It has also […]
Read moreMay 2, 2019 7:50 am
CVS Health Corps first-quarter earnings, reported on Wednesday, surged past Wall Street estimates, as the company drew benefits from its $69 billion acquisition of Aetna Inc. CVS Health also revised up its full-year forecast for adjusted earnings. CVS shares closed higher for a fifth consecutive trading session in New York on Wednesday. It has also […]
Read moreMay 1, 2019 8:30 am
Yesterday Eli Lilly and Company (LLY) issued revised down revenue forecast for the entire 2019, as the drug maker expects prices in the United States to drop further and generic competition for drugs to increase. Eli Lilly shares closed lower for a second consecutive trading session in New York on Tuesday. It has also been […]
Read moreApril 30, 2019 6:05 am
According to a statement by Boeing Co (BA) on Monday, a steady progress is being made towards certifying the companys grounded 737 MAX aircraft with a software fix. Additionally, the US plane maker said it had completed a final flight test before the certification flight. Boeing shares closed lower for a second consecutive trading session […]
Read moreApril 29, 2019 7:39 am
Chevron Corp reported on Friday a 27% year-on-year drop in its first-quarter earnings, with results pressured by lower crude oil prices and weaker margins in the company’s refining and chemicals businesses. Still, first-quarter profit exceeded Wall Street estimates. Chevron shares closed lower for a third consecutive trading session in New York on Friday. The stock […]
Read moreApril 26, 2019 8:42 am
Southwest Airlines Company (LUV) said on Thursday its first-quarter earnings had shrunk by 16.4% from a year ago, as it cited an array of negative influence factors, including flight cancellations due to the global 737 MAX grounding. Shares of Southwest Airlines closed higher for a third consecutive trading session in New York on Thursday. The […]
Read moreApril 25, 2019 8:34 am
AT&T Incs (T) first-quarter revenue, reported on Wednesday, fell short of Wall Street estimates, pressured by lower-than-anticipated revenue in its WarnerMedia and Mobility units. AT&T shares closed lower for the fourth time in the past fifteen trading sessions in New York on Wednesday. It has also been the steepest daily loss since January 30th. The […]
Read moreApril 24, 2019 10:06 am
Verizon Communications Incs first-quarter profit, reported on Tuesday, exceeded market expectations, while full-year 2019 earnings forecast was revised up. However, the company reported a more considerable loss of phone subscribers during the quarter than anticipated, which sent its shares down by over 2% yesterday. Verizon shares closed lower for the fifth time in the past […]
Read moreApril 24, 2019 7:07 am
Exxon Mobil Corporation (XOM) announced earlier this week that it had inked a 20-year sale and purchase agreement, which envisages the supply of liquefied natural gas (LNG) to Zhejiang Provincial Energy Group of China. However, the oil and gas major did not disclose any price or timing details. Exxon Mobil shares closed higher for a […]
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