November 20, 2017 10:49 am
According to the US National Highway Traffic Safety Administration, it has rejected a petition by Ford Motor Company (F) related to delaying the recall of almost 3 million vehicles with potentially problematic air bag inflators. The auto maker did not immediately state whether it intended to challenge the decision. Ford shares closed lower for the […]
Read moreNovember 20, 2017 8:31 am
According to a statement by Apple Inc (AAPL) on Friday, the release of its HomePod speaker set will be pushed back to early 2018. The product was first announced during Apples developer conference in June. Apple shares closed lower for the sixth time in the past seven trading sessions on Friday. The stock went down […]
Read moreNovember 17, 2017 10:48 am
Wal-Marts third-quarter earnings, reported on Thursday, exceeded market expectations, as comparable store sales in the United States registered their strongest growth rate since 2009, regardless of sluggish demand and fierce competition from on-line sellers. Wal-Mart shares closed higher for the seventh time in the past eight trading sessions on Thursday. It has also been the […]
Read moreNovember 17, 2017 8:27 am
Shares of Exxon Mobil Corporation (XOM) retreated to lows unseen in 7 1/2 weeks on Thursday, after RBC Capital revised down its price target for the stock due to exhausted potential of share buybacks in the future. Exxon Mobil shares closed lower for a fifth consecutive trading session on Thursday. The stock went down 0.80% […]
Read moreNovember 16, 2017 10:33 am
General Motors Company (GM) was reported to be planning the launch of a new family of electric vehicles during 2021. The batteries of these vehicles are expected to be 30% cheaper compared to those included on the present Chevrolet Bolt model. General Motors shares closed lower for a second consecutive trading session on Wednesday. The […]
Read moreNovember 16, 2017 8:48 am
More price cuts on grocery products at Whole Foods Market were revealed by Amazon.com Inc (AMZN) on Wednesday ahead of the Thanksgiving holiday. Amazon Prime members will be able to take advantage of larger discounts on particular items. The new wave of discounts adds to price cuts, which have already been introduced by Whole Foods […]
Read moreNovember 15, 2017 10:47 am
Shares of Home Depot hit their highest price level on record at the close yesterday, after the company reported strong sales during the third quarter of fiscal 2017 and also raised its full-year forecast. Home Depot shares closed higher for a third consecutive trading session on Tuesday. It has also been the sharpest daily surge […]
Read moreNovember 15, 2017 8:52 am
According to a statement by Marty Chavez, Goldman Sachs Groups Chief Financial Officer, on Tuesday, the value of the banks new consumer loans may reach $13 billion during the upcoming three years through its Marcus on-line lending business. Goldman Sachs shares closed lower for the sixth time in the past eight trading sessions on Tuesday. […]
Read moreNovember 14, 2017 10:53 am
Qualcomm Inc was reported to have rebuffed a $103-billion takeover bid by rival Broadcom on Monday, while noting in a statement that such an offer considerably undervalued it. The bid emerges at a time, when Qualcomm is attempting to finalize its pending acquisition of automotive chip maker NXP Semiconductors NV for $38 billion. The shares […]
Read moreNovember 14, 2017 8:40 am
Shares of General Electric Company (GE) plummeted at a daily rate unseen since April 2009 on Monday, following the announcement of disappointing 2018 earnings guidance and plans to reduce dividend by 50% to $0.12 per share. General Electric shares closed lower for the 13th time in the past 16 trading sessions on Monday. It has […]
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