June 20, 2018 9:42 am
According to an announcement by United Parcel Service Inc (UPS) on Tuesday, it intends to purchase 730 compressed natural gas vehicles and establish 5 additional CNG fueling stations in the United States, with the total investment being estimated at $130 million. United Parcel shares closed lower for the fourth time in the past eight trading […]
Read moreJune 20, 2018 7:07 am
According to a statement by the US Commodities Futures Trading Commission (CFTC) earlier this week, JP Morgan Chase has been ordered to pay a civil penalty of $65 million to settle charges, accusing it of manipulation of ISDAfix benchmark swap rates between 2007 and 2012. JP Morgan Chase shares closed lower for the sixth time […]
Read moreJune 19, 2018 9:39 am
According to a statement by Amazon.com Inc on Monday, it intends to create over 1 000 new jobs in Ireland during the upcoming two years, which would bring its total headcount in the country to over 3 500. Amazon shares closed higher for the fifth time in the past nine trading sessions on NASDAQ on […]
Read moreJune 19, 2018 7:33 am
According to a report by Reuters, citing a spokesman for the French government, General Electric Company (GE) should face fines in case it fails to add as many job positions at Alstom as agreed in a deal it struck three years ago. General Electric shares closed lower for a fourth consecutive trading session in New […]
Read moreJune 18, 2018 9:54 am
Citigroup Inc (C) said it had agreed to pay as much as $100 million in order to settle a US litigation related with fraudulent activities involving the London Interbank Offered Rate (LIBOR). Citigroup shares closed higher for the first time in the past five trading sessions on Friday. The stock edged up 0.27% ($0.18) to […]
Read moreJune 18, 2018 7:25 am
Ford Motor Companys (F) vehicle sales in China continued to shrink in May, despite the auto makers decision to appoint a new sales chief and to prepare the launch of new vehicle models. Ford shares closed lower for a third consecutive trading session in New York on Friday. The stock inched down 0.08% ($0.01) to […]
Read moreJune 15, 2018 10:15 am
Frances Minister of Finance Bruno Le Maire said on Thursday that General Electric Company (GE) should stick to job commitments at Alstom, after the companys CEO John Flannery informed Le Maire that GEs objective was now “out of reach”. General Electric shares closed lower for a second consecutive trading session in New York on Thursday. […]
Read moreJune 15, 2018 7:39 am
Shares of Kohl’s Corporation (KSS) retreated more than 3% during yesterdays trading session after Citigroup downgraded the stock to “Neutral” from “Buy” with a price target of $75 due to concerns over insufficiently strong traffic. Kohl’s shares closed lower for a second consecutive trading session in New York on Thursday. The stock went down 3.22% […]
Read moreJune 14, 2018 9:35 am
Shares of Netflix Inc (NFLX) rose the most in two months during yesterdays trading session after Goldman Sachs raised its price target on the stock to $490 from $390 previously. According to FactSet data, Goldman has now set the highest price target out of the 36 analysts who provide forecasts on Netflix. Netflix shares closed […]
Read moreJune 14, 2018 7:18 am
According to a statement by General Motors Company (GM) on Wednesday, Dhivya Suryadevara has been appointed as Chief Financial Officer, effective on September 1st. Current CFO Chuck Stevens is to stay with the company as an adviser until he retires in March next year after a 40-year career. General Motors shares closed higher for the […]
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