September 14, 2017 9:39 am
The hefty price tag as well as the later-than-anticipated shipping date of Apples iPhone X raised certain concerns among market players on Wednesday. Apple shares closed lower for a second consecutive trading session on Wednesday. The stock went down 0.75% ($1.21) to $159.65, after touching an intraday low at $157.94, or a price level not […]
Read moreSeptember 14, 2017 7:43 am
According to a post by Reuters, Amazon.com Inc (AMZN) intends to open a 1 million square-foot warehouse in proximity to Mexico City, while its construction is expected to be finalized in 2018. This new facility is to triple Amazons distribution space in the North American state. Amazon shares closed higher for a third consecutive trading […]
Read moreSeptember 14, 2017 6:25 am
Comcast Corporation (CMCSA) reportedly unveiled a new, higher-speed platform for business entities in an attempt to lure commercial clientèle so that a drop in traditional video subscribership is recouped. Comcast has been trying to make a transition from the segment of small and medium-sized businesses to enterprise-class customers. Comcast shares closed higher for a second […]
Read moreSeptember 13, 2017 9:29 am
According to a statement by Tim Sloan, Wells Fargo & Companys (WFC) Chief Executive Officer, on September 12th, the third largest US bank could have a better control over costs in relation to its revenues during the second half of the year. Wells Fargo shares closed higher for a second consecutive trading session on Tuesday. […]
Read moreSeptember 13, 2017 7:11 am
According to a statement by Joseph Swedish, Anthems Chief Executive Officer, on September 12th, the company is still considering its participation in some Obamacare markets in 2018. Anthem shares closed lower for the fourth time in the past eight trading sessions on Tuesday. It has also been the steepest daily loss since November 1st 2016. […]
Read moreSeptember 12, 2017 9:32 am
According to John Gerspach, Citigroup Incs (C) Chief Financial Officer, the holdings third-quarter total markets revenue is approximately 15% below its level during the respective period a year ago, when market volatility was bolstered by reactions to the EU membership referendum outcome. Citigroup shares closed higher for a second consecutive trading session on Monday. It […]
Read moreSeptember 12, 2017 7:25 am
The second-largest airline in the United States by passenger traffic, Delta Air Lines Inc (DAL), said that 800 flights were to be canceled on September 11th, as the Hurricane Irma is expected to reach the Atlanta airport. Categorized as one of the fiercest hurricanes registered in the Atlantic, Irma has already hit Florida with winds […]
Read moreSeptember 11, 2017 9:54 am
According to documents released on September 11th, cited by Reuters, CBS Corporation (CBS) is expected to pay $162 million in cash for the acquisition of Australian broadcaster Ten Network Holdings. CBS shares closed lower for a fourth consecutive trading session on Friday. The stock went down 1.79% ($1.08) to $59.42, after touching an intraday low […]
Read moreSeptember 10, 2017 10:42 am
Comcast reportedly closed its parks in Florida as well, following Walt Disneys example, as Hurricane Irma is expected to gain strength before it reaches the state. The parks are to remain closed for two consecutive days. Comcast shares closed lower for a second consecutive trading session on Friday. The stock went down 1.01% ($0.39) to […]
Read moreSeptember 8, 2017 8:39 am
Amazon.com Inc (AMZN) reportedly revealed plans to open a secondary headquarters in North America. Estimated at more than $5 billion, the HQ2 is expected to employ 50 000 people. Amazon shares closed higher for a second consecutive trading session on Thursday. It has also been the steepest daily surge since August 31st. The stock went […]
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