June 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 […]
Read moreJune 6, 2018 9:43 am
Brighthouse Financial Inc (BHF) said earlier this week that it had appointed Conor Murphy as Executive Vice President and Chief Operating Officer, effective as of June 5th. Brighthouse Financial shares closed lower for a second consecutive trading session on NASDAQ on Tuesday. The stock edged down 0.26% ($0.12) to $46.77, after touching an intraday low […]
Read moreJune 6, 2018 8:04 am
Wells Fargo & Company (WFC) said on Tuesday that it had agreed to sell 52 retail bank branches to a subsidiary of Flagstar Bancorp, Inc. – Flagstar Bank (FSB). Wells Fargo shares closed lower for the fourth time in the past eleven trading sessions in New York on Tuesday. The stock went down 0.60% ($0.33) […]
Read moreJune 5, 2018 9:49 am
According to a statement by Microsoft Corporation (MSFT) on Monday, it intends to acquire GitHub Inc, a privately held website that provides coding tools for developers, in an all-stock deal estimated at $7.5 billion, as the tech company seeks to strengthen its cloud computing business. Microsoft shares closed higher for a second consecutive trading session […]
Read moreJune 5, 2018 7:55 am
According to Evercore ISI, it is time market players bought shares of Macy’s Inc (M), as traditional retailers and brands have finally made necessary innovations in order to remain competitive in the digital era. Macy’s shares closed higher for a second consecutive trading session on Monday. It has also been the sharpest daily surge since […]
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