April 23, 2018 7:09 am
According to a report by O Estado de S. Paulo newspaper on Friday, citing anonymous sources, negotiations related to a partnership between Boeing Company (BA) and Brazils Embraer SA have reached an advanced stage. Boeing shares closed lower for a second consecutive trading session on Friday. The stock went down 0.58% ($1.97) to $338.67, with […]
Read moreApril 20, 2018 10:03 am
According to a statement by a Qualcomm representative earlier this week, the company has initiated job cuts as part of its promise to shareholders to achieve reduction of annual costs of $1 billion. However, the precise number of jobs cut remained undisclosed. The shares of Qualcomm Incorporated closed lower for a second consecutive trading session […]
Read moreApril 20, 2018 7:50 am
Shares of Apple Inc (AAPL) retreated the most in eleven weeks on the NASDAQ on Thursday, after in a research note Mizuho analyst Abhey Lamba warned that the companys revenue guidance for the fiscal third quarter could miss the midpoint of consensus estimates due to soft demand for its iPhone X. On the other hand, […]
Read moreApril 19, 2018 9:32 am
Lockheed Martins Sikorsky has recently announced partnerships with additional German companies in an attempt to secure a heavy-lift helicopter contract from Germanys government, valued at EUR 4 billion. Lockheed Martin shares closed higher for a third consecutive trading session on Wednesday. The stock went up 0.58% ($2.01) to $351.15, after touching an intraday high at […]
Read moreApril 19, 2018 7:17 am
Amazon.com Inc said on Tuesday that an international shopping feature had been launched for clients worldwide, allowing them to order over 45 million items, which will be shipped from the United States to their geographic location. Amazon shares closed higher for a third consecutive trading session on Wednesday. The stock went up 1.60% ($24.01) to […]
Read moreApril 18, 2018 9:37 am
Shares of Tesla Inc (TSLA) retreated on the NASDAQ on Tuesday after an announced temporary halt of Model 3 production added to investor concerns that the auto maker may once again not manage to meet its vehicle output objectives. Tesla shares closed lower for a second consecutive trading session on Tuesday. The stock went down […]
Read moreApril 18, 2018 7:19 am
Morgan Stanley was reported to have upgraded Twitter Inc to “Equal Weight” from “Underweight” previously, as the bank cited constructive dialogue with advertisers, expanding user base as well as positive revisions, which make the stock “a more compelling risk/reward”. Morgan Stanley also revised up its price target for Twitter to $29 from $28 previously. Twitter […]
Read moreApril 17, 2018 10:02 am
Bank of America Corps first-quarter profit, reported on Monday, outstripped market expectations, as higher interest rates as well as loan and deposit growth supported overall performance. Bank of America shares closed higher for the fourth time in the past six trading sessions on Monday. The stock went up 0.44% ($0.13) to $29.93, after touching an […]
Read moreApril 17, 2018 7:57 am
According to a statement by Goldman Sachs Group during the weekend, GS Bank, its subsidiary, has acquired personal finance start-up Clarity Money in an attempt to expand its Marcus on-line lending business. The terms of the deal, however, remained undisclosed. Goldman Sachs shares closed higher for the fourth time in the past six trading sessions […]
Read moreApril 16, 2018 9:34 am
Citigroup Incs quarterly profit, reported on Friday, outstripped market expectations, supported by stronger performance in its consumer banking division as well as rising revenue from equities trading. However, a 10% slump in revenue at the groups investment banking business turned out to be a point of concern for investors, which led its shares lower in […]
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