January 5, 2018 10:52 am
Shares of Tesla Inc (TSLA) hit lows unseen in a month during Thursdays trade, one day after the company once again pushed back its production objective for the keenly-anticipated Model 3 sedan. Analysts remained optimistic, while saying that an achievable objective had finally been set by Tesla. Investors, on the other hand, will probably focus […]
Read moreJanuary 5, 2018 8:44 am
Shares of Intel Corporation (INTC) tumbled to lows unseen in a month during Thursdays trade, one day after a security research report revealed personal computers and mobile devices using Intel chips were not invulnerable to hacker-attacks. Intel shares closed lower for a second consecutive trading session on Thursday. The stock went down 1.83% ($0.83) to […]
Read moreJanuary 4, 2018 10:42 am
Total vehicle sales in the United States by Ford Motor Company (F) were reported to have risen 0.9% to 242 049 units in December 2017 compared to the same month a year earlier, which outstripped an estimate by Kelley Blue Book of a 2.4% drop. Ford shares closed higher for a second consecutive trading session […]
Read moreJanuary 4, 2018 9:01 am
According to a statement by American Airlines Group (AAL) earlier this week, its employees are to receive a $1 000 bonus following the recent US tax bill. American Airlines shares closed lower for the fourth time in the past nine trading sessions on Wednesday. It has also been the steepest daily loss since December 12th. […]
Read moreJanuary 3, 2018 10:37 am
McDonalds stock has reportedly become Nomura’s ”top pick” within the restaurant industry for 2018. The firm’s price target on the stock now stands at $190, a revision up from $180 previously. McDonald’s shares closed higher for the third time in the past nine trading sessions on Tuesday. The stock went up 0.64% ($1.10) to $173.22, […]
Read moreJanuary 3, 2018 8:42 am
Apple Inc was reported to have instructed employees at Apple Store to offer replacement batteries priced at $29 immediately to any client owning an iPhone 6 or a newer device. Apple’s decision to begin offering discounted replacements came a month earlier than initially planned. Apple shares closed higher for the fourth time in the past […]
Read moreJanuary 2, 2018 10:44 am
All 50 US states are expected to participate in AT&T Incs (T) nationwide broadband network, which the wireless carrier is establishing as part of a government contract worth $6.5 billion. The contract was awarded last March. AT&T shares closed lower for the second time in the past seven trading sessions on Friday. The stock went […]
Read moreJanuary 2, 2018 8:44 am
According to a person with knowledge of the matter, Goldman Sachs Group Inc (GS) is to locate administrative staff for its asset management unit in Dublin, as Britain prepares to part ways with the European Union. A major part of Goldmans operations in Europe are currently concentrated in the UK, while the groups headcount there […]
Read moreDecember 30, 2017 11:12 am
According to a statement by the Financial Industry Regulatory Authority (FINRA), fines and restitution of at least $11.5 million have been imposed on Citigroup Inc (C) in relation with incorrect research ratings, which the bank displayed on over 1 800 stocks. As a result, a large number of Citi clients ended up owning shares, which […]
Read moreDecember 29, 2017 9:48 am
According to a note by KeyBanc Capital Markets analysts, Tesla Inc (TSLA) may deliver approximately 5 000 Model 3 vehicles during the fourth quarter. That compares with the brokerage firms estimate of 15 000 vehicles. The forecast came after last weeks conversations with sales personnel at 18 stores across the United States. Tesla shares closed […]
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