November 12, 2018 10:59 am
According to an announcement by Amazon.com Inc (AMZN) on Friday, it would ship more products by Apple Inc internationally during the upcoming holiday shopping season. The e-commerce giant said it would sell the newest versions of Apple’s iPhone, iPad as well as other devices in Europe, India, Japan and the United States. Amazon shares closed […]
Read moreNovember 12, 2018 7:55 am
Shares of General Electric Company (GE) retreated to lows unseen since March 2009 on Friday, after J.P. Morgan analyst Stephen Tusa revised down his price target from $10 to $6, while maintaining an ”Underweight” rating on the stock. General Electric shares closed lower for a third consecutive trading session in New York on Friday. It […]
Read moreNovember 9, 2018 9:28 am
Starbucks Corp announced earlier this week a tie-up with UberEats in order to deliver coffee and food in Tokyo, starting today. The move comes at a time, when the coffee chain seeks to bolster sales in Japan and as it faces fierce competition in other key markets such as China and the United States. Starbucks […]
Read moreNovember 8, 2018 11:14 am
The US National Highway Traffic Safety Administration (NHTSA) announced earlier this week that it was probing if additional 1.7 million sport-utility vehicles from the 2010-2016 model years, produced by GM, should be recalled because of windshield wiper failures. General Motors shares closed higher for a third consecutive trading session in New York on Wednesday. It […]
Read moreNovember 8, 2018 8:42 am
Twenty-First Century Foxs quarterly revenue, reported on Wednesday, came in below Wall Street estimates, as no major movie hit was released at the end of the US summer. Fox shares closed higher for a third consecutive trading session on NASDAQ on Wednesday. The stock went up 0.83% ($0.39) to $47.55, after touching an intraday high […]
Read moreNovember 7, 2018 11:15 am
Wells Fargo was reported to have revised down its rating on Western Union to “Market Perform” from “Outperform” previously. The banks team of analysts also cut their price target on the stock from $28 to $20, citing downward revisions of Western Unions EPS forecasts for 2018 and 2019. Western Union shares closed higher for a […]
Read moreNovember 7, 2018 9:15 am
CVS Health Corp’s quarterly revenue and earnings, reported on Tuesday, topped Wall Street estimates, supported by strong prescription drug sales. CVS shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge since December 20th 2011. The stock went up 5.71% ($4.21) to $77.90, […]
Read moreNovember 6, 2018 11:32 am
Home improvement retailer Lowe’s Companies Inc announced on Monday that it planned to close 31 underperforming stores in Canada and 20 stores in the United States in relation with restructuring efforts. Shares of Lowe’s Companies Inc closed higher for the fifth time in the past fourteen trading sessions in New York on Monday. The stock […]
Read moreNovember 6, 2018 8:20 am
Verizon Communications Inc (VZ) revealed on Monday plans to reorganize its business operations into three segments: Business, Consumer and Verizon Media Group/Oath. Verizon shares closed higher for a second consecutive trading session in New York on Monday. The stock went up 1.02% ($0.58) to $57.21, after touching an intraday high at $57.44, or a price […]
Read moreNovember 5, 2018 8:52 am
According to a Saturday report by Hong Kong-based industry research firm Counterpoint, iPhone sales in India are expected to shrink by nearly 25% during the fourth quarter, which would mark their first full-year slump in four years. Apple shares closed lower for the fourth time in the past eleven trading sessions on NASDAQ on Friday. […]
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