February 7, 2018 8:23 am
United Parcel said it intended to establish a new package operations center worth $41 million in El Paso, Texas in order to sustain commerce in the North America Borderplex. According to UPS, the strategic investment is to support business activity in an area across Texas, New Mexico and Ciudad Juarez, Mexico. United Parcel shares closed […]
Read moreFebruary 6, 2018 11:22 am
Qualcomm Incorporateds stock registered its worst daily performance in 14 weeks during yesterdays trading session following news that, according to KGI Securities, Apple Inc may replace Qualcomm with Intel as modem chip supplier for the upcoming generation of iPhones. The shares of Qualcomm Incorporated closed lower for a third consecutive trading session on Monday. It […]
Read moreFebruary 6, 2018 8:34 am
According to a senior executive from Boeing Company (BA), the US plane maker may be interested in participating in a bid for 88 fighter jets in Canada that are worth between CAD 15 billion and CAD 19 billion. Boeing is still reviewing the matter and has to express interest in the bid until Friday this […]
Read moreFebruary 5, 2018 11:56 am
According to a statement by Starbucks Corporation (SBUX) on Friday, it intends to hire 150 people for its first Italian store. The latter is expected to be a high-end Reserve Roastery, which will be launched in Milan during the autumn. Store visitors will be able to observe the entire process from coffee bean roasting to […]
Read moreFebruary 5, 2018 7:57 am
Apple Incs announcement to return cash to shareholders seemed to have done little to soothe market players, as the latter put more weight on the tech giants weaker-than-anticipated second-quarter revenue guidance. Apple shares closed lower for the fifth time in the past eight trading sessions on Friday. It has also been the steepest daily loss […]
Read moreFebruary 2, 2018 11:44 am
Time Warner Incs (TWX) fourth-quarter revenue and profit, reported on Thursday, exceeded market expectations, while drawing support from the success of the latest DC Comics-based movie “Justice League” featuring US actor Ben Affleck and actress Gal Gadot of Israel. Time Warner shares closed higher for a second consecutive trading session on Thursday. It has also […]
Read moreFebruary 2, 2018 8:42 am
According to a statement by Lowe’s Companies Inc (LOW) on Thursday, more than 260 000 of its hourly employees in the United States are to receive a one-time bonus of $1 000, as the company takes advantage of the US tax code reform. The bonus will be paid to employees at stores, customer support and […]
Read moreFebruary 1, 2018 10:54 am
Boeing Company (BA) said on Wednesday that it projects a significant increase in its full-year 2018 earnings as well as in its full-year jet deliveries. The company also reported quarterly core earnings almost two times higher compared to a year ago. Boeing shares closed higher for the third time in the past five trading sessions […]
Read moreFebruary 1, 2018 8:41 am
According to a statement by Morgan Stanleys President Colm Kelleher on Wednesday, the group is to decide on relocating personnel to selected hubs such as Paris, Dublin and Frankfurt due to Brexit in the very beginning of this year. Morgan Stanley shares closed lower for a third consecutive trading session on Wednesday. The stock inched […]
Read moreJanuary 31, 2018 10:37 am
According to a statement by Wal-Mart Stores Inc (WMT) on Tuesday, the retailer intends to share more data with its suppliers in order to accelerate the replenishment of out-of-stock goods, since it seeks to become more competitive against rivals such as Amazon. Wal-Mart shares closed lower for the second time in the past ten trading […]
Read more
