July 11, 2018 7:43 am
AT&T Inc (T) said on Tuesday it intends to buy privately held firm AlienVault, which is headquartered in San Mateo, California. AT&T did not reveal the terms of the agreement, but hinted it would probably not have a material effect on financial results. AT&T shares closed higher for the fourth time in the past six […]
Read moreJuly 10, 2018 10:28 am
According to a report by Reuters, citing an internal memo by Citigroup, the US bank is bolstering its operations in Paris ahead of Britains exit from the European Union. Citigroup shares closed higher for a third consecutive trading session in New York on Monday. It has also been the sharpest daily surge since May 8th. […]
Read moreJuly 10, 2018 7:38 am
According to a Monday report by the auto website Electrek, Tesla Inc has lifted prices of its Model S and Model X vehicles in China by more than $20 000. This way the electric car maker becomes one of the first US companies within the auto industry to make such a decision amid strained trade […]
Read moreJuly 9, 2018 10:01 am
According to a Friday report by the Washington Post, over 1 million user accounts per day were suspended by Twitter Inc (TWTR) during the past several months, with a total of over 70 million accounts suspended in May and June only, as the social media company has been trying to reduce false content on its […]
Read moreJuly 9, 2018 8:42 am
Exxon Mobil Corporation (XOM) said on Friday that it had halted construction on the Angore gas pipeline in Papua New Guinea’s highlands in late June, as its building sites suffered damages during the civil unrest in the region. The oil major, however, did not specify when the work process would be resumed. Exxon Mobil shares […]
Read moreJuly 6, 2018 9:57 am
Ford Motor Company (F) made an announcement on Thursday that for now it would abstain from raising prices of imported Ford and luxury Lincoln vehicle models in China, just a day before the additional 25% duty on $34 billion worth of Chinese imports, which the Trump administration announced in June, comes into effect. Ford shares […]
Read moreJuly 6, 2018 7:53 am
IBM said on Thursday that it had signed a five-year deal with Australias government estimated at approximately AUD 1 billion, the scope of which includes hardware, software, support and cloud-based services. The agreement also encompasses “joint innovation programs” in areas such as research, information security and quantum computing, the company said. IBM shares closed higher […]
Read moreJuly 5, 2018 10:03 am
Walmart Inc (WMT) has reportedly removed the controversial anti-Trump “Impeach 45” clothing from its website after a number of users expressed their discontent on Twitter. Walmart shares closed higher for the fifth time in the past nine trading sessions in New York on Tuesday. The stock went up 0.52% ($0.44) to $84.44, with the intraday […]
Read moreJuly 5, 2018 7:51 am
General Motors Companys (GM) second-quarter auto sales in China were reported to have increased a mere 0.7% year-on-year to 858 344 vehicles, slowing down from an 8% growth during the quarter ended in March, mostly due to weaker sales of Buick brand vehicles. General Motors shares closed lower for the seventh time in the past […]
Read moreJuly 4, 2018 9:43 am
Ford Motor Company’s (F) overall auto sales in the United States were reported to have risen 1.2% to 230 635 vehicles in June in comparison with the same month of 2017. That compares with a 0.8% sales growth expected by Edmunds. Sales in the United States for the first six months of 2018, however, shrank […]
Read more
