October 27, 2017 12:16 pm
Shares of Ford Motor Company (F) marked their best daily performance in three weeks yesterday, after the auto maker reported better-than-anticipated third-quarter earnings, with sales of high-margin pickup trucks in the United States being the main driving factor. The company also announced plans for tests of autonomous vehicles in some cities in 2018 without disclosing […]
Read moreOctober 27, 2017 8:20 am
Shares of Twitter Inc (TWTR) marked their best daily performance in 13 months yesterday, following the release of better-than-anticipated third-quarter results. Twitter shares closed higher for the first time in the past nine trading sessions on Thursday. It has also been the sharpest daily surge since September 23rd 2016. The stock went up 18.49% ($3.17) […]
Read moreOctober 26, 2017 11:29 am
According to a statement by Carmen Haddad, Chief Executive Officer of Citi Saudi Arabia, the group intends to hire 20 bankers in the Middle Eastern state, where it acquired an investment banking license earlier this year. Citigroup shares closed lower for the first time in the past four trading sessions on Wednesday. It has also […]
Read moreOctober 26, 2017 8:18 am
Coca-Cola’s third-quarter revenue and earnings, reported on Wednesday, exceeded market expectations, as the companys sales in North America rose 3%. Cokes more aggressive approach to juice, tea and vitamin water sales as well as its cost reduction efforts seemed to have facilitated the expansion of its market share in key regions. Coca-Cola shares closed lower […]
Read moreOctober 25, 2017 10:09 am
Lockheed Martin Corporations (LMT) third-quarter earnings and revenue, reported on Tuesday, fell short of market expectations. The company also cut its full-year 2017 earnings forecast. Lockheed Martin shares closed lower for the first time in the past four trading sessions on Tuesday. It has been the sharpest daily loss since December 12th 2016. The stock […]
Read moreOctober 25, 2017 7:33 am
On Tuesday McDonald’s Corporation (MCD) reported higher-than-anticipated third-quarter restaurant sales, as aggressive promotions such as $1 soda deals and new initiatives such as build-your-own burgers facilitated an increase in customer visits for a third consecutive quarter. McDonald’s shares closed higher for the fourth time in the past six trading sessions on Tuesday. The stock edged […]
Read moreOctober 24, 2017 9:46 am
At a White House event on Monday Boeing Company (BA) signed a deal with Singapore Airlines Ltd, which involves the sale of 39 aircraft at list prices estimated at $13.8 billion. Boeing shares closed lower for the fifth time in the past seven trading sessions on Monday. It has also been the steepest daily loss […]
Read moreOctober 24, 2017 7:45 am
According to a statement by AT&T Inc (T) on Monday, the deadline for the closure of the proposed acquisition of Time Warner Inc has been extended by a “short period” of time, so that the required regulatory approvals can be obtained. The prior termination date was October 22nd. AT&T shares closed lower for a fourth […]
Read moreOctober 23, 2017 10:15 am
General Electric Companys (GE) third-quarter earnings, reported on Friday, fell well short of market consensus, sending its shares down by more than 5% at the start of the trading session. GE also cut its full-year profit forecast. General Electric shares closed higher for a second consecutive trading session on Friday. The stock initially gapped down […]
Read moreOctober 23, 2017 8:15 am
According to a filing by Tesla Inc on Friday, the company’s borrowing capacity for a car lease program has been increased from $600 million to $1.1 billion under certain warehouse agreements. Tesla shares closed lower for a second consecutive trading session on Friday. The stock went down 1.91% ($6.71) to $345.10, after touching an intraday […]
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