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Home Depot shares gain the most in three weeks on Wednesday, as second-quarter results top market expectations

August 17, 2017 10:06 am
Following the slump on Tuesday, the shares of Home Depot Inc (HD) registered their largest daily increase in three weeks yesterday, as the companys second-quarter performance outstripped market expectations. Home Depot shares closed higher for the third time in the past six trading sessions on Wednesday. It has also been the steepest daily surge since […] Read more

JP Morgan Chase shares fall for a fourth session in a row on Friday, JP Morgan Asset Management to absorb research costs due to regulation changes

August 14, 2017 8:52 am
According to an August 11th statement by JP Morgan Asset Management, the costs of paying brokers for doing investment research are to be absorbed by the firm rather than passed on to customers, once the changes to European regulatory framework come into force in 2018. JP Morgan Chase shares closed lower for a fourth consecutive […] Read more

Lockheed Martin shares close higher on Friday, company awarded with an $8 billion special forces contract by the US MoD

August 14, 2017 7:18 am
According to an August 11th statement by the US Department of Defense, an $8 billion contract for global logistics support services associated with special operations forces has been awarded to Lockheed Martin Corporation (LMT). Lockheed Martin shares closed higher for the tenth time in the past eleven trading sessions on Friday. The stock edged up […] Read more

Macy’s shares fall the most in three months on Thursday, despite better-than-anticipated quarterly comparable sales

August 11, 2017 10:24 am
Macy’s Incs (M) second-quarter comparable sales, reported on August 10th, dropped at a lesser rate than expected. However, the companys net revenue shrank more than what analysts on average had anticipated. Macy’s shares closed lower for a third consecutive trading session on Thursday. It has also been the sharpest daily loss since May 11th. The […] Read more