February 9, 2018 8:29 am
CVS Health Corps (CVS) fourth-quarter revenue and earnings, reported on Thursday, outstripped market expectations. However, the company revised down its full-year 2018 operating profit forecast. The pharmacy benefits manager also said it would raise the hourly wage for its employees and offer a paid parental leave program by utilizing part of $1.2 billion in savings […]
Read moreFebruary 8, 2018 12:02 pm
According to the Information website, a subscription-based game streaming service is currently being under development by Google. It would be designed to operate either on Googles Chromecast or on its currently developed game console. Alphabet shares closed lower for the fourth time in the past six trading sessions on Wednesday. The stock went down 2.96% […]
Read moreFebruary 8, 2018 9:00 am
Canadas Prime Minister Justin Trudeau is expected to meet Jeff Bezos, Amazons Chief Executive Officer, today during his visit to three major US cities, which is aimed to provide more support for the currently re-negotiated North American Free Trade Agreement. The meeting will take place in San Francisco. Amazon shares closed lower for the third […]
Read moreFebruary 7, 2018 10:32 am
Boeing’s services unit, which is involved in jet maintenance, repair and overhaul, data analytics as well as pilot training, said on Tuesday it had inked deals worth almost $1 billion, as it aims to bolster its annual revenue to $50 billion over a period of at least five years. Boeing shares closed higher for the […]
Read moreFebruary 7, 2018 8:23 am
United Parcel said it intended to establish a new package operations center worth $41 million in El Paso, Texas in order to sustain commerce in the North America Borderplex. According to UPS, the strategic investment is to support business activity in an area across Texas, New Mexico and Ciudad Juarez, Mexico. United Parcel shares closed […]
Read moreFebruary 6, 2018 11:22 am
Qualcomm Incorporateds stock registered its worst daily performance in 14 weeks during yesterdays trading session following news that, according to KGI Securities, Apple Inc may replace Qualcomm with Intel as modem chip supplier for the upcoming generation of iPhones. The shares of Qualcomm Incorporated closed lower for a third consecutive trading session on Monday. It […]
Read moreFebruary 6, 2018 8:34 am
According to a senior executive from Boeing Company (BA), the US plane maker may be interested in participating in a bid for 88 fighter jets in Canada that are worth between CAD 15 billion and CAD 19 billion. Boeing is still reviewing the matter and has to express interest in the bid until Friday this […]
Read moreFebruary 5, 2018 11:56 am
According to a statement by Starbucks Corporation (SBUX) on Friday, it intends to hire 150 people for its first Italian store. The latter is expected to be a high-end Reserve Roastery, which will be launched in Milan during the autumn. Store visitors will be able to observe the entire process from coffee bean roasting to […]
Read moreFebruary 5, 2018 7:57 am
Apple Incs announcement to return cash to shareholders seemed to have done little to soothe market players, as the latter put more weight on the tech giants weaker-than-anticipated second-quarter revenue guidance. Apple shares closed lower for the fifth time in the past eight trading sessions on Friday. It has also been the steepest daily loss […]
Read moreFebruary 2, 2018 11:44 am
Time Warner Incs (TWX) fourth-quarter revenue and profit, reported on Thursday, exceeded market expectations, while drawing support from the success of the latest DC Comics-based movie “Justice League” featuring US actor Ben Affleck and actress Gal Gadot of Israel. Time Warner shares closed higher for a second consecutive trading session on Thursday. It has also […]
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