July 18, 2018 7:32 am
Goldman Sachs Group Incs (GS) second-quarter earnings, reported on Tuesday, exceeded market expectations due to strength in investment banking as well as in fixed income trading. Goldman Sachs shares closed lower for the fourth time in the past nine trading sessions in New York on Tuesday. The stock edged down 0.18% ($0.42) to $231.02, after […]
Read moreJuly 17, 2018 9:24 am
According to an announcement by United Continental Holdings Inc (UAL) on Monday, the air carrier intends to purchase four new 787-9 wide-body jets from Boeing Company (BA), as it seeks to bolster the efficiency of its fleet. The third-largest US airline said it expected to have the aircraft delivered in 2020. United Air shares closed […]
Read moreJuly 17, 2018 7:28 am
Bank of America Corps second-quarter earnings, reported on Monday, surpassed market expectations, supported by sound loan growth, lower expenditures and a macroeconomic environment of lower corporate tax rates and higher interest rates. Bank of America shares closed higher for the fifth time in the past eight trading sessions in New York on Monday. It has […]
Read moreJuly 16, 2018 8:32 am
JP Morgan Chase & Cos (JPM) second-quarter earnings, reported on Friday, outstripped market expectations, since the groups trading revenue turned out to be much stronger than anticipated, while an expanding US economy bolstered demand for loans. JP Morgan Chase shares closed lower for the third time in the past seven trading sessions in New York […]
Read moreJuly 15, 2018 11:14 am
According to a statement by Boeing Company (BA) on Friday, the plane maker expects to take a charge of $124 million (or $0.21 per share) during the second fiscal quarter, which is associated with the sale of production facilities to Spirit Aerosystems. Boeing shares closed higher for a second consecutive trading session in New York […]
Read moreJuly 14, 2018 9:33 am
Citigroup Incs (C) second-quarter earnings outstripped market expectations, supported by a stronger performance in consumer banking in Mexico, North America and Asia. Results were also influenced by the lower income tax rate and higher demand for loans amid growing US economy. Citigroup shares closed lower for the third time in the past seven trading sessions […]
Read moreJuly 13, 2018 9:18 am
Two key energy deals, evaluated at a total of $5.8 billion, were announced earlier this week in Bangladesh, with General Electric Company (GE) participating in both. General Electric shares closed flat at $13.99 in New York on Thursday. The stock registered an intraday high at $14.14 and an intraday low at $13.93. Shares of General […]
Read moreJuly 13, 2018 7:06 am
Canaccord Genuity was reported to have raised its price target on Amazon from $1 800 to $2 000, citing strong fundamentals. The new price target would bolster Amazons market value to $970.5 billion. Amazon shares closed higher for a sixth consecutive trading session on NASDAQ on Thursday. It has also been the sharpest daily surge […]
Read moreJuly 12, 2018 7:56 am
According to an announcement by Pfizer Inc (PFE) on Wednesday, the company is to be split into three units – Innovative Medicines, Established Medicines and Consumer Healthcare. At present, Pfizer is organized in two units – Innovative Medicines, which also encompasses the companys consumer business, and Essential Health. The reorganization is to come into effect […]
Read moreJuly 11, 2018 11:29 am
Visa Inc (V) said on Tuesday that it had launched Visa Loyalty Solutions in Latin America and the Caribbean. It represents an omnichannel digital points redemption platform accessible to all issuing banks in the region and also offers users a multitude of redemption options. Visa shares closed higher for a fourth consecutive trading session in […]
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