August 11, 2017 8:08 am
Intel Corporation (INTC) reportedly intends to release its 12-core Core i9-7920X gaming and PC processor at the end of August. At the same time, in order to respond to AMD’s Ryzen Threadripper launches, Intel is to release 14-, 16-, and 18-core variations of the Core i9-7920X on September 25th. Intel shares closed lower for the […]
Read moreAugust 11, 2017 6:45 am
According to a note by Wells Fargo Securities analyst Mike Mayo, who joined the firm recently, Citigroup Incs (C) shares may double in price during the upcoming 4 to 5 years. He also expects Citigroup to achieve the best performance in terms of cost of capital and return on equity among its competitors. Citigroup shares […]
Read moreAugust 10, 2017 10:30 am
According to a recent statement by Lockheed Martin Corporation (LMT), interest by its clients in missile defense systems has increased, as North Koreas long-range missile tests reportedly continued to intensify, while heightening alert in neighboring states South Korea and Japan. Lockheed Martin shares closed higher for a ninth consecutive trading session on Wednesday. It has […]
Read moreAugust 10, 2017 8:10 am
Shares of Walt Disney Company (DIS) plunged to lows not seen in eight months during yesterdays trade, as the worlds largest entertainment company announced it would pull content from Netflix and initiate its own streaming service. However, many on Wall Street questioned the success of such an undertaking. Walt Disney shares closed lower for the […]
Read moreAugust 10, 2017 6:52 am
General Electric Companys (GE) manufacturing facility in Rochester, New York, which focuses on the assembly of electronic boards, is expected to be closed, while its operations – relocated in China. General Electric shares closed higher for the fourth time in the past six trading sessions on Wednesday. The stock went up 0.59% ($0.15) to $25.71, […]
Read moreAugust 9, 2017 10:27 am
Tesla Incs (TSLA) stock has reportedly been upgraded to a “Buy” rating by Argus, due to strong orders of the companys Model 3 vehicle. Argus also revised up its price target for the stock to $444. Tesla shares closed higher for the fourth time in the past five trading sessions on Tuesday. The stock went […]
Read moreAugust 9, 2017 8:22 am
Ralph Lauren Corporations (RL) first-quarter sales and income surpassed market expectations, as the company kept discounting and inventory in check. Ralph Lauren shares closed higher for a fourth consecutive trading session on Tuesday. It has been the steepest daily surge in at least a year. The stock went up 13.28% ($10.38) to $88.53, after touching […]
Read moreAugust 9, 2017 6:46 am
According to an August 8th statement by Californias insurance regulator, Wells Fargo & Company (WFC) and an insurance company are to be probed over selling unneeded auto policies to hundreds of thousands of residents. Wells Fargo shares closed higher for the first time in the past five trading sessions on Tuesday. The stock edged up […]
Read moreAugust 8, 2017 8:37 am
According to an August 7th statement by Netflix Inc (NFLX), it acquired comic book publisher Millarworld, which marked the companys first acquisition ever. Owned by writer Mark Millar and his wife, Millarworld is to provide Netflix with a number of character franchises for the development of movies, TV series as well as childrens shows. However, […]
Read moreAugust 8, 2017 6:56 am
As agreed on by AT&T Inc (T) and CBS, the CBS networks are to be added to the DirecTV Now streaming service. AT&T shares closed higher for a third consecutive trading session on Monday. The stock edged up 0.23% ($0.09) to $38.52, after touching an intraday high at $38.64, or a price level not seen […]
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