December 12, 2017 8:49 am
Verizon Communications Inc (VZ) intends to sign a five-year deal with the National Football League estimated at about $2.25 billion in order to provide streaming services to users via NFLs Yahoo and go90 platforms as well as its mobile app. Verizon shares closed higher for a second consecutive trading session on Monday. It has also […]
Read moreDecember 11, 2017 10:52 am
After a 98-year association with the New York Stock Exchange, PepsiCo Inc (PEP) reportedly intends to move its listing to tech-heavy NASDAQ. PepsiCo shares closed lower for a second consecutive trading session on Friday. The stock edged down 0.14% ($0.16) to $116.57, after touching an intraday low at $115.90, or a price level not seen […]
Read moreDecember 11, 2017 8:53 am
According to a source with knowledge of the matter, Apple Inc (AAPL) is currently in negotiations regarding the possible acquisition of music identification software provider Shazam Entertainment Ltd. A report by TechCrunch revealed that the tech giant could pay $400 million for Shazam, while a deal might emerge as early as this week. Apple shares […]
Read moreDecember 8, 2017 11:14 am
According to a report by the Australian Taxation Office on Thursday, Exxon Mobil Corporation (XOM) did not pay any tax in the country during fiscal year 2016, regardless of the billions of dollars in income from operations on Australian soil it had reported. Exxon Mobil shares closed higher for the sixth time in the past […]
Read moreDecember 8, 2017 9:00 am
Ford Motor Company (F) is expected to initiate tests of its latest self-driving vehicle technology in 2018 in at least one city. On the other hand, Fords plan to initiate commercial production until 2021 has not been changed, the auto maker said in a statement on Thursday. Ford shares closed higher for the third time […]
Read moreDecember 7, 2017 10:52 am
General Electric Company (GE) was reported to be considering a cut in its workforce across Europe. According to French newspaper Les Echos, 4 500 jobs are to be cut in Switzerland, Germany and the UK. The cuts are associated with businesses, which General Electric acquired from France’s Alstom two years ago. General Electric shares closed […]
Read moreDecember 7, 2017 8:35 am
Yesterday Home Depot Inc (HD) disclosed a $15-billion share buyback program and $120 billion in targeted annual sales over the next three years, as the US largest home improvement chain seeks to speed up investment in stores, deliveries and employees. The new program is to replace a prior authorization of $15 billion, which Home Depot […]
Read moreDecember 6, 2017 11:04 am
According to a statement by Goldman Sachs Group Inc (GS) on Tuesday, the bank intends to hire 250 employees in Poland next year. The new hirings will encompass primarily back office roles such as treasury, human resources, risk management, operations and technology, which the bank does not consider necessary to locate in more expensive centres […]
Read moreDecember 6, 2017 8:41 am
During an event in Shanghai yesterday, Ford Motor Company (F) announced plans to introduce 50 new vehicles in China by the year 2025, 15 of which are expected to be electrified vehicles. The news came at a time, when the US auto maker is seeking to accelerate its sales growth in the largest auto market […]
Read moreDecember 5, 2017 10:32 am
Nike Inc (NKE) said on Monday that it would open a new 69 000 square feet flagship store at 650 Fifth Avenue in New York in early 2019. Nike shares closed higher for the fifth time in the past seven trading sessions on Monday. The stock edged up 0.37% ($0.22) to $60.10, with the intraday […]
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