December 5, 2018 8:34 am
Western Union Company (WU) said on Tuesday that it had finalized the relocation of its global headquarters from Englewood to a new, highly-visible location in Denver, Colorado. The company also revealed plans to make a long-term investment of over $300 million to the local community over the upcoming ten years. Western Union shares closed lower […]
Read moreDecember 4, 2018 10:15 am
Bank of America Corp announced on Monday that it had finalized the relocation of its banking and markets operations in Europe from London to a new headquarters in Dublin. The bank also said that all regulatory and court approvals required had been received. Bank of America shares closed higher for a second consecutive trading session […]
Read moreDecember 4, 2018 8:04 am
According to a joint statement by Verizon Communications Inc (VZ) and Samsung Electronics Co Ltd on Monday, the two companies intend to launch 5G smart phones in the United States during the first half of 2019. Verizon shares closed lower for the sixth time in the past thirteen trading sessions in New York on Monday. […]
Read moreDecember 3, 2018 10:16 am
Deutsche Bank was reported to have revised down its price target on General Electric Company (GE) to $7 from $11 previously, as it noted that revenue from GEs burdened power unit “remains flattish but does not continue to decline.” Even in the banks bear case, however, it does “not forsee a liquidity crisis” for GE. […]
Read moreDecember 3, 2018 7:34 am
Microsoft Corp once again became the most valuable US company, while overtaking Apple Inc for the first time in eight years on Friday, as the iPhone maker was pressured by investor concerns over demand for it devices while the maker of Windows and Xbox drew benefits from cloud computing growth. Microsoft shares closed higher for […]
Read moreNovember 30, 2018 10:40 am
Fiat Chrysler said on Thursday that it intended to spend over EUR 5 billion on new vehicle models and engines in Italy between 2019 and 2021, as the company seeks to fill under-utilized factories, to preserve jobs as well as to increase operating margins in European markets. A large part of that amount will be […]
Read moreNovember 30, 2018 8:00 am
Canaccord Genuity was reported to have revised down its price target on Apple Inc (AAPL) to $225 from $250 previously, after the firms surveys signaled “soft smartphone demand with disappointing initial XR sales.” On the other hand, Canaccord maintained a “Buy” rating on the stock. Apple shares closed lower for the sixth time in the […]
Read moreNovember 29, 2018 9:39 am
Starbucks Corporation (SBUX) said on Wednesday that it had inked a long-term deal with energy provider Constellation, allowing it to power over 340 of its stores in Illinois with 100% renewable energy produced by Enel Green Power North America Incs HillTopper wind project in Logan County. Starbucks shares closed higher for a second consecutive trading […]
Read moreNovember 29, 2018 7:13 am
According to data by Chinese Passenger Car Association, Tesla Inc’s vehicle sales in the Asian country registered a 70% annual drop in October. A representative from the industry body said for Reuters that the electric car maker had sold merely 211 vehicles in China last month. Tesla shares closed higher for the sixth time in […]
Read moreNovember 28, 2018 7:36 am
Amazon.com Inc said on Tuesday that Cyber Monday once again proved to be the single busiest shopping day in the company’s history, as customers globally ordered more items than any other day. The five renowned shopping days that begin with Thanksgiving and continue through Cyber Monday, also known as the Turkey 5, brought new records, […]
Read more
