September 5, 2018 7:34 am
According to a report by the Wall Street Journal earlier this week, in an attempt to respond to rising demand for single-aisle, fuel-efficient planes, Boeing Company (BA) has faced a peculiar issue – a lack of space where to store unfinished 737 jets at its facility near Seattle. One possible location in July was the […]
Read moreSeptember 4, 2018 9:17 am
According to a report by Electrek over the weekend, citing a source familiar with Tesla Inc’s production, the electric car maker did not manage to achieve its weekly production target of 6 000 Model 3 vehicles by the end of August. Tesla produced about 6 400 vehicles during the last seven days of August, 4 […]
Read moreSeptember 3, 2018 9:53 am
According to an announcement by Apple Inc last week, it is to host an event at the Steve Jobs Theater in Cupertino, California on September 12th. Analysts largely expect the tech giant to reveal new iPhone models at the event. Apple shares closed higher for a seventh consecutive trading session on NASDAQ on Friday. The […]
Read moreSeptember 3, 2018 7:59 am
United Continental Holdings Inc announced on Friday that it had raised fees on checked bags on routes to and from North America, Central America and the Caribbean amid higher fuel and other costs. United Air shares closed higher for the sixth time in the past eight trading sessions in New York on Friday. The stock […]
Read moreSeptember 1, 2018 12:43 pm
According to a statement by the US Department of Defense earlier this week, a contract estimated at $805 million has been awarded to Boeing Company (BA) in relation with the design, delivery and support of 4 unmanned drones, which will be based on aircraft carriers and used to refuel US Navy aircraft. Boeing shares closed […]
Read moreAugust 31, 2018 8:53 am
AT&T Inc (T) announced on Thursday that it would begin offering mobile 5G service to its customers in Indianapolis this year. Indianapolis becomes AT&Ts seventh 5G city along with Dallas, Charlotte, Atlanta, Raleigh, Waco and Oklahoma City. The company also promised to introduce the mobile 5G service to 12 cities by the end of 2018. […]
Read moreAugust 30, 2018 9:39 am
Shares of Amazon.com Inc (AMZN) registered their largest single-session gain in four months on Wednesday, after Morgan Stanley raised its price target on the stock from $1 850 to $2 500, or the highest target on Wall Street. The new price target would give Amazon a market capitalization of $1.2 trillion. The bank also reiterated […]
Read moreAugust 30, 2018 7:25 am
Shares of Alphabet Inc (GOOG) touched highs unseen in three weeks on Wednesday, after Morgan Stanley raised its price target on the stock from $1 325 to $1 515, or a fresh Street high. The bank also maintained an “Overweight” rating on the stock. Alphabet shares closed higher for the fifth time in the past […]
Read moreAugust 29, 2018 9:50 am
According to an announcement by Chipotle Mexican Grill Inc (CMG) on Tuesday, it intends to form a partnership with delivery service DoorDash, as the company seeks to cope with decreasing traffic at its restaurants following several food safety incidents. The burrito chain also said that the new delivery service would be available nationwide via its […]
Read moreAugust 29, 2018 6:50 am
According to an announcement by Nestle and Starbucks Corporation (SBUX) on Tuesday, the two companies have finalized their licensing deal, under which the Swiss food giant will market the US coffee chain’s packaged coffees and teas across the globe. Starbucks shares closed higher for a third consecutive trading session on NASDAQ on Tuesday. The stock […]
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