November 4, 2018 3:34 pm
Chevron Corp’s (CVX) quarterly earnings, reported on Friday, far exceeded Wall Street estimates, supported by growth in the company’s oil and gas production. A 44% jump in crude oil prices offset a slump in profit from Chevron’s downstream business last quarter. Chevron shares closed higher for the fourth time in the past ten trading sessions […]
Read moreNovember 2, 2018 10:40 am
Ford Motor Company (F) said on Thursday that its total vehicle sales in the United States had registered a 3.9% annual drop in October to 192 616 units. That compares with a 5.0% sales drop expected by Edmunds. At the same time, the company’s year-to-date sales in the country shrank 2.5% compared to the same […]
Read moreNovember 2, 2018 8:44 am
Yesterday, in a string of posts on Twitter, Tesla Incs CEO Elon Musk said that an upgrade to the companys “Summon” auto-parking feature was expected to be made ready in six weeks. The feature will now enable Tesla vehicles to drive throughout a parking area, read parking signs as well as find a vacant spot. […]
Read moreNovember 1, 2018 8:31 am
General Motors Companys (GM) quarterly earnings, reported on Wednesday, easily topped Wall Street estimates, supported by strong demand in North America. The auto maker also said it now expected full-year profit to come in at the high end of its forecast. General Motors shares closed higher for a fifth consecutive trading session in New York […]
Read moreOctober 31, 2018 10:29 am
During a media briefing on Tuesday, Walmart Inc (WMT) announced that its customers would now be able to checkout faster at stores and navigate more easily by using digital maps showing the exact item locations. This has been Walmarts latest move intended to lure shoppers to spend more during the upcoming holiday season. Walmart shares […]
Read moreOctober 31, 2018 8:57 am
Coca-Cola Companys (KO) quarterly earnings and revenue, reported on Tuesday, exceeded Wall Street estimates, supported by stronger demand for its sugar-free sodas and premium waters. Coca-Cola shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge since February 10th 2015. The stock went […]
Read moreOctober 30, 2018 10:42 am
Fords stock could generate a 40% return for investors during the year ahead, since the US auto manufacturer seeks to reorganize its business and to improve its bottom line, according to Goldman Sachs. Ford shares closed higher for the third time in the past ten trading sessions in New York on Monday. The stock went […]
Read moreOctober 30, 2018 8:32 am
Jefferies began covering Apple Incs (AAPL) stock with a “Buy” rating and a price target of $265 on Monday. The firm highlighted that Apple could establish a “massive” services business by using the foundations of its essential iPhone business. Apple shares closed lower for a second consecutive trading session on NASDAQ on Monday. It has […]
Read moreOctober 29, 2018 10:26 am
Shares of Snap Inc (SNAP) registered their largest single-session drop in nearly six months on Friday, after the company reported its second consecutive quarter of user losses and said it projected a further drop in user numbers. According to Reuters, Snaps app redesign continued to affect the number of daily active users, especially in the […]
Read moreOctober 29, 2018 8:56 am
European Unions antitrust regulators have approved Sony Corps proposal to take complete control of EMI Music Publishing. The deal, valued at $2.3 billion, is to make the Japanese company the largest music publisher internationally. Shares of Sony Corp closed lower for the fifth time in the past ten trading sessions in New York on Friday. […]
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