November 20, 2018 7:33 am
According to a report by the Wall Street Journal on Monday, citing people with knowledge of the matter, production orders for all three models of iPhones, which Apple Inc unveiled in September, have been reduced by the tech company in recent weeks. Apple shares closed lower for the sixth time in the past ten trading […]
Read moreNovember 19, 2018 11:13 am
According to Tesla Inc’s Chinese website, the company has already begun taking orders for its Model 3 sedan in the Asian country, with clients initially depositing as many as CNY 8 000 (or $1 153.07). According to Tesla’s Chief Executive Officer Elon Musk, some deliveries are expected to be made in March next year, but […]
Read moreNovember 19, 2018 8:00 am
Viacom Inc’s (VIA) quarterly earnings and revenue, reported on Friday, exceeded Wall Street estimates, supported by a rather positive reception of the “Mission: Impossible – Fallout” action movie featuring actor Tom Cruise. Viacom shares closed higher for a second consecutive trading session on NASDAQ on Friday. The stock went up 2.49% ($0.90) to $37.04, after […]
Read moreNovember 16, 2018 11:28 am
American Express Company (AXP) said on Thursday that it had launched American Express Go, its latest digital solution for mid-sized and large enterprises, which allows for the efficient handling of business expenditures for employees, recruits and temporary workers without corporate cards. At the same time, individuals working on a freelance basis as well as project-based […]
Read moreNovember 16, 2018 8:06 am
Walmart Incs (WMT) quarterly revenue and profit, reported on Thursday, outstripped Wall Street estimates, supported by strong sales growth at stores as well as on-line. The retailer also revised up its full-year earnings forecast. Walmart shares closed lower for a fourth consecutive trading session in New York on Thursday. It has also been the steepest […]
Read moreNovember 15, 2018 9:48 am
Yesterday Macy’s Inc revised up its full-year earnings forecast, which was considered as an indication of a strong upcoming holiday shopping season. At the same time, the chains third-quarter earnings came in well above Wall Street estimates, supported by double-digit growth at its on-line shopping service. Macy’s shares closed lower for a fourth consecutive trading […]
Read moreNovember 14, 2018 11:03 am
Boeing Co (BA) said on Tuesday that it had delivered 43 of its 737 single-aisle jets in October, after delivering 37 such aircraft during the same month of 2017, supported by rising demand for planes as well as air travel. Boeing delivered a total of 625 jets during the first ten months of 2018, compared […]
Read moreNovember 14, 2018 8:35 am
General Electric Company (GE) announced on Tuesday that it would sell a part of its stake in Baker Hughes, as the US industrial conglomerate seeks to raise cash and repay debt. General Electric shares closed higher for the second time in the past fifteen trading sessions in New York on Tuesday. It has also been […]
Read moreNovember 13, 2018 10:44 am
Last week Apple Inc (AAPL) announced that some issues had been discovered, which affect some of its iPhone X and 13-inch MacBook Pro devices. The issues would be resolved free of charge, Apple also said. Apple shares closed lower for a third consecutive trading session on NASDAQ on Monday. It has also been the steepest […]
Read moreNovember 13, 2018 8:57 am
Goldman Sachs was reported to have maintained a “Buy” rating on NVIDIA Corporation (NVDA) with a price target of $283 before the company reports quarterly results on November 15th. The median forecast by analysts points to earnings of $1.72 per share on revenue of $3.24 billion. NVIDIA shares closed lower for a third consecutive trading […]
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