June 27, 2018 12:08 pm
The latest research note by Morgan Stanley analyst Katy Huberty revealed an anticipated pricing for the three new iPhones that are scheduled to be released by Apple Inc (AAPL) later during the summer. Apple shares closed higher for the fourth time in the past fourteen trading sessions on NASDAQ on Tuesday. It has also been […]
Read moreJune 27, 2018 10:07 am
According to an announcement by General Electric Company (GE) on Tuesday, it has agreed to spin off its health care division and also intends to sell its stake in oil-services firm Baker Hughes, which would allow it to concentrate on power plants, jet engines and renewable energy. General Electric shares closed higher for the second […]
Read moreJune 26, 2018 9:48 am
A $1.2 billion contract was awarded to Lockheed Martin Corporation (LMT) by the US government to manufacture 16 new F-16 Block 70 jets for the Royal Bahraini Air Force. The Kingdom of Bahrain becomes the first Lockheed client to order the F-16 Block 70. Lockheed Martin shares closed lower for a third consecutive trading session […]
Read moreJune 26, 2018 7:08 am
AT&T Inc (T) announced on Monday that it had agreed to acquire AppNexus Inc, a company operating a digital platform where advertisers are able to buy on-line ads. The announcement came less than a month after AT&T finalized its acquisition of Time Warner Inc for as much as $85 billion. AT&T shares closed higher for […]
Read moreJune 25, 2018 9:50 am
According to a spokesperson for General Motors Company (GM), the auto maker intends to proceed with its plan to build its new Chevrolet Blazer sport-utility vehicle in Mexico. General Motors shares closed higher for the third time in the past seven trading sessions in New York on Friday. The stock edged up 0.32% ($0.13) to […]
Read moreJune 25, 2018 7:51 am
According to a spokesperson for Netflix Inc (NFLX), its Chief Communications Officer Jonathan Friedland is to part ways with the video streaming company after more than seven years of experience. However, more details were not provided. Netflix shares closed lower for a second consecutive trading session on NASDAQ on Friday. It has also been the […]
Read moreJune 22, 2018 10:04 am
Several Republican and Democratic lawmakers in the United States reportedly requested that Alphabets Google reconsider its collaboration with Chinas Huawei Technologies Co Ltd due to security threat concerns. Alphabet shares closed lower for the third time in the past nine trading sessions on NASDAQ on Thursday. It has also been the steepest daily loss since […]
Read moreJune 22, 2018 7:08 am
According to CNBCs David Faber, General Electric Company (GE) may not break up completely, but yet, it may announce something significant about its future at the end of June. General Electric shares closed lower for a seventh consecutive trading session in New York on Thursday. The stock went down 0.93% ($0.12) to $12.76, after touching […]
Read moreJune 21, 2018 9:47 am
According to a report by Reuters, citing an internal memo by Goldman Sachs Group, the bank has appointed Cai Wei as partner and co-head of its investment banking unit in China. This is the first time when the Wall Street bank is to collaborate with a China partner from outside the financial group. Goldman Sachs […]
Read moreJune 21, 2018 7:52 am
Shares of Starbucks Corporation (SBUX) registered their worst daily performance in eleven months on Wednesday, after the US company released a subdued forecast regarding sales in its home market as well as in its second-largest market – China, which urged some analysts to revise down their rating on the stock. Starbucks shares closed lower for […]
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