June 13, 2018 10:21 am
Bank of America Corp (BAC) said on Tuesday that more than 1 million clients were now using Erica, the first widely available AI-driven virtual assistant in financial services, which they can access through the banks mobile banking app. Bank of America shares closed lower for the third time in the past eight trading sessions in […]
Read moreJune 13, 2018 7:22 am
According to a statement on McDonald’s Corps investor relations page on Monday, the company expects to take charges estimated at $80-$90 million during the second quarter as a result of its restructuring program in the United States that also involves layoffs. However, it did not disclose how many employees would be affected by layoffs. McDonald’s […]
Read moreJune 12, 2018 9:53 am
Starbucks Corporation (SBUX) said on Monday that it had launched the Starbucks Rewards Visa Prepaid Card, or the first debit card allowing clients to earn Stars outside of the coffee chain. Starbucks shares closed lower for a third consecutive trading session on Monday. The stock edged down 0.21% ($0.12) to $56.48, after touching an intraday […]
Read moreJune 12, 2018 7:15 am
Shares of Tesla Inc (TSLA) surged almost 5% on Monday, after CEO Elon Musk said in a tweet that full self-driving features would be introduced for the companys Autopilot driver assistance system through a software upgrade in August. Tesla shares closed higher for a second consecutive trading session on NASDAQ on Monday. It has also […]
Read moreJune 11, 2018 10:25 am
According to a report by Reuters on Friday, citing sources with knowledge of the matter, Comcast Corporation (CMCSA) is poised to receive unconditional approval from EU antitrust regulators for its offer to acquire pay-TV company Sky. Comcast shares closed higher for the fourth time in the past nine trading sessions on NASDAQ on Friday. The […]
Read moreJune 11, 2018 8:04 am
According to a report by the Nikkei Asian Review on Friday, citing industry sources, Apple Inc (AAPL) forecasts to sell 80 million new model iPhones in 2018, or 20% fewer compared to what the tech giant had planned in 2017. Apple shares closed lower for a second consecutive trading session on NASDAQ on Friday. It […]
Read moreJune 8, 2018 10:19 am
According to a statement by Ford Motor Company (F) on Thursday, it intends to shut down its Blanquefort gearbox facility located in Bordeaux, France, in case no buyer for the plant emerges. Ford shares closed higher for a fifth consecutive trading session in New York on Thursday. The stock went up 0.50% ($0.06) to $12.03, […]
Read moreJune 8, 2018 7:23 am
According to a Thursday report by the Wall Street Journal, which cited a company email sent to all employees, suppliers and franchisees in the United States, McDonald’s Corporation (MCD) intends to conduct another round of layoffs in an attempt to further flatten out its management structure. McDonald’s shares closed higher for a second consecutive trading […]
Read moreJune 7, 2018 9:45 am
According to a recent report by CNBC, between 4 500 and 5 000 employees are expected to leave HP Inc by the end of fiscal year 2019 due to an ongoing restructuring program. HP shares closed higher for a fourth consecutive trading session in New York on Wednesday. The stock edged up 0.38% ($0.09) to […]
Read moreJune 7, 2018 7:41 am
According to Teslas Chief Executive Elon Musk, the electric car maker is very likely to achieve its weekly production target of 5 000 Model 3 vehicles by the end of June. Musk also said that as much as 500 Model 3 sedans were now being produced on a daily basis. Tesla shares closed higher for […]
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