September 21, 2017 9:52 am
Instead of hiring seasonal workers for the holidays, Wal-Mart Stores Inc (WMT) said yesterday it would grant extra hours to its current staff. The retailer also said it intended to revive its “Holiday Helper” initiative by hiring more “helpers” in stores for the holiday season. “Helpers” are focused on providing assistance to clients in finding […]
Read moreSeptember 21, 2017 7:30 am
According to a statement by United Parcel Service Inc (UPS) on Wednesday, it expects to hire 95 000 workers for the upcoming holiday season in order to service the expected growth in package volume. The peak season usually starts with Black Friday in November and continues through early January. United Parcel shares closed higher for […]
Read moreSeptember 20, 2017 9:27 am
Pre-orders of the new Fire HD 10 tablet by Amazon.com Inc (AMZN) were reportedly initiated on September 19th. Priced at $149.99 the device is to offer hands-free Alexa experience. Amazon shares closed lower for a fourth consecutive trading session on Tuesday. The stock went down 0.44% ($4.33) to $969.86, after touching an intraday low at […]
Read moreSeptember 20, 2017 7:18 am
Morgan Stanley was reported to have revised up its price target for Apple Inc (AAPL) to $194 from $182 previously. Additionally, the bank maintained an ”Overweight” rating on the stock. Apple shares closed higher for the second time in the past six trading sessions on Tuesday. The stock inched up 0.04% ($0.06) to $158.73, with […]
Read moreSeptember 19, 2017 9:15 am
Bank of America Merrill Lynch was reported to have revised up its price target for NVIDIA Corporation (NVDA) to $210 from $185 previously. It is now the second-highest price target on the stock behind that of Evercore ISI ($250). Additionally, Bank of America Merrill Lynch maintained a ”Buy” rating on the stock. NVIDIA shares closed […]
Read moreSeptember 19, 2017 7:12 am
Udhay Furtado and Harry Naysmith had been appointed as co-heads of Goldman Sachs’ investment banking division in Southeast Asia, an internal memo revealed. The document’s contents were confirmed by a spokesperson for the bank in Hong Kong. Goldman Sachs shares closed higher for the sixth time in the past seven trading sessions on Monday. It […]
Read moreSeptember 18, 2017 9:40 am
The number of part-time employees, that Macys hires for the holiday season to service its distribution network and warehouses supporting the chains on-line business, is to increase by 20%. Macy’s shares closed higher for the fourth time in the past five trading sessions on Friday. It has also been the sharpest daily surge since September […]
Read moreSeptember 18, 2017 7:48 am
Canaccord Genuity reportedly revised up its price target for Oracles stock to $57 from $56 previously and also kept a “Buy” rating. Richard Davis, an analyst at Canaccord, emphasized on improved margins and also noted that the stock was still “sufficiently inexpensive”. Oracle shares closed lower for a second consecutive trading session on Friday. The […]
Read moreSeptember 15, 2017 9:24 am
According to a Thursday statement by Lowell McAdam, Verizon Communications Incs (VZ) Chief Executive Officer, the company has distanced from its plans involving the acquisition of cable firms and instead it will put effort in the establishment of a fiber infrastructure of its own. Verizon shares closed lower for the first time in the past […]
Read moreSeptember 15, 2017 7:35 am
According to a Thursday statement by Ford, its joint venture in Russia intends to increase staff at a facility in Elabuga, Tatarstan by over 700 people in order to respond to higher auto demand, more specifically for SUVs and light commercial vans. Ford Sollers is to begin recruiting in October. Ford shares closed lower for […]
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