December 19, 2017 8:30 am
A new $10 billion share buyback program has been authorized by Pfizer Incs (PFE) board on Monday. According to a statement by the company, the program represents an addition to the remaining amount of $6.4 billion under Pfizers current authorization. Pfizer shares closed lower for the second time in the past seven trading sessions on […]
Read moreDecember 18, 2017 11:09 am
Settlement talks between AT&T Inc (T) and the US Department of Justice over At&Ts bid to acquire Time Warner Inc were reported to have failed. AT&T shares closed higher for the fifth time in the past seven trading sessions on Friday. The stock went up 1.32% ($0.50) to $38.24, after touching an intraday high at […]
Read moreDecember 18, 2017 8:32 am
Lockheed Martin Corporation (LMT) said it was cooperating with Aerion Corp over development of the world’s first supersonic business jet. According to Aerion, the jet is expected to be operational by the year 2025. Lockheed Martin shares closed higher for the sixth time in the past eight trading sessions on Friday. It has also been […]
Read moreDecember 15, 2017 10:54 am
According to sources with knowledge of the situation, citing documents that Ford Motor Company (F) shared with suppliers, production of mid-sized sedans such as Mondeo and Fusion is to be relocated to China in 2020 from Spain and Mexico respectively. Ford shares closed lower for the fifth time in the past fifteen trading sessions on […]
Read moreDecember 15, 2017 8:41 am
According to a filing with the US Securities and Exchange Commission by Delta Air Lines Inc (DAL) on Thursday, it plans a firm order for 100 A321neo jets by Airbus as well as an optional order for additional 100 A321s. Deliveries are expected to begin in Q1 2020, while the new jets are to arrive […]
Read moreDecember 14, 2017 10:55 am
According to a statement by Alphabets Google on Wednesday, an artificial intelligence research center is being established in China, despite that the tech companys products still remain inaccessible in the country. The center is expected to be the first of its kind on the Asian continent and is to be operated by a small team […]
Read moreDecember 14, 2017 8:29 am
Apple Incs (AAPL) Advanced Manufacturing Fund reportedly invested as much as $390 million in Face ID supplier Finisar, which recently initiated production quantity shipping of its vertical-cavity surface-emitting lasers, or VCSELs. Apple shares closed higher for the fourth time in the past nine trading sessions on Wednesday. The stock edged up 0.33% ($0.57) to $172.27, […]
Read moreDecember 13, 2017 10:52 am
Comcast Corporation (CMCSA) was reported to have dropped its bid for the majority of assets of Twenty-First Century Fox Inc, thus, leaving Walt Disney Co in pole position for the deal estimated at more than $40 billion. Comcast shares closed higher for a third consecutive trading session on Tuesday. It has also been the sharpest […]
Read moreDecember 13, 2017 8:47 am
According to a statement by Twitter Inc (TWTR) on Tuesday, the addition of two buttons will make it easier for users to view and add new tweets on the same topic to already existing ones. This way Twitter users who stitch tweets together, an activity known as thread making, will no longer have to respond […]
Read moreDecember 12, 2017 10:38 am
Ford Motor Company (F) said it sold a total of 118 000 vehicles in China in November, or 8% fewer compared to November a year ago. At the same time, year-to-date sales were estimated to over 1 056 000 vehicles, or 6% fewer compared to the same period of 2016. Ford shares closed lower for […]
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