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Home Depot shares touch a two-week high on Tuesday, fourth-quarter results beat estimates amid improving housing market in the United States

February 21, 2018 8:56 am
Home Depot’s fourth-quarter revenue and earnings, reported on Tuesday, exceeded market expectations, as client traffic rose and visitors on average spent more at its stores amid optimism in the US housing sector. Home Depot shares closed lower for the first time in the past four trading sessions on Tuesday. The stock edged down 0.14% ($0.26) […] Read more

Boeing shares close lower on Friday, US Federal Aviation Administration officially certifies company’s 737 MAX-9 jet

February 20, 2018 10:46 am
Boeings 737 MAX-9 aircraft has officially been certified for commercial service by the US Federal Aviation Administration, the plane manufacturer announced on February 16th. Boeing shares closed lower for the first time in the past three trading sessions on Friday. The stock went down 0.40% ($1.42) to $355.04, after touching an intraday high at $359.50, […] Read more

Boeing shares gain for a second straight session on Thursday, company said to be moving closer to deal with Brazil’s Embraer

February 16, 2018 11:05 am
According to a statement by Boeings Chief Executive Officer Dennis Muilenburg on Thursday, the company is moving closer to an agreement with Brazils aircraft manufacturer Embraer. Last week Boeing was reported to have proposed a plan to Brazilian government, which would grant the US plane maker a stake of 80%-90% in a new entity that […] Read more

JP Morgan Chase shares gain for a fourth straight session on Wednesday, bank revises down its first-quarter GDP growth forecast for the United States

February 15, 2018 12:56 pm
JP Morgan was reported to have revised down its US economic growth forecast for the first quarter to 2.5% from 3%, as “ugly” retail sales report in January weighed on “scorching” consumer inflation data. JP Morgan Chase shares closed higher for a fourth consecutive trading session on Wednesday. It has also been the sharpest daily […] Read more

IBM shares close lower on Tuesday, former HR executive Lindsay-Rae McIntyre sued over non-competitive agreement violation

February 14, 2018 10:40 am
IBMs former HR executive Lindsay-Rae McIntyre was sued by the tech company over alleged violation of a 1-year non-competitive agreement. McIntyre was appointed as Chief Diversity Officer at Microsoft during the past weekend. Previously, at IBM, she served as human resources VP and Chief Diversity Officer. IBM shares closed lower for the third time in […] Read more