March 15, 2017 9:52 am
According to a spokesperson for Audi AG (NSUG), the auto makers headquarters in Ingolstadt and factory in Neckarsulm are being searched by German prosecutors. Audi shares closed higher for a second straight trading session on Tuesday. The stock went up 0.31% (EUR 2.00) to EUR 642.00, with the intraday high and the intraday low being […]
Read moreMarch 15, 2017 8:43 am
On March 14th Mark Breitbard was appointed as Chief Executive Officer of Gap Incs (GPS) Banana Republic unit, with the retailer seeking to renovate the brand amid weak sales. Breitbard, the former CEO of childrens apparel retailer Gymboree Corp, is to assume the new role at Gap in early May. He is to replace Andi […]
Read moreMarch 15, 2017 6:56 am
USD/CHF R1 – 1.0111 R2 – 1.0121 R3 (Range Resistance – Sell) – 1.0130 R4 (Long Breakout) – 1.0158 R5 (Breakout Target 1) – 1.0190 R6 (Breakout Target 2) – 1.0204 S1 – 1.0093 S2 – 1.0083 S3 (Range Support – Buy) – 1.0074 S4 (Short Breakout) – 1.0046 S5 (Breakout Target 1) – 1.0014 […]
Read moreMarch 14, 2017 10:09 am
Verizon Communications Inc (VZ) was reported to have obtained an almost three times lower price discount for Yahoo Inc core assets than it had expected. The deal, valued at $4.83 billion, was initially announced last July, while its closure has been delayed due to the two cyber attacks at Yahoo, which the internet company exposed […]
Read moreMarch 14, 2017 8:16 am
NASDAQ-listed tech giant Intel Corporation (INTC) was reported to have agreed to acquire Mobileye, an Israeli company providing driverless technology, in a deal valued at $15.3 billion. It would be the largest acquisition of an Israeli tech company on record, with Mobileye being valued at $63.54 per share, or a 34% premium compared to the […]
Read moreMarch 13, 2017 10:13 am
Ford Motor Company (F) was reported to have appointed Lynn Vojvodich, former executive at Salesforce.com Inc, to its board of directors. She is to assume the new role in April. Ford shares closed higher on Friday, while also marking their second gain in the past seven trading sessions. The stock edged up 0.24% ($0.03) to […]
Read moreMarch 13, 2017 8:18 am
On March 10th Starbucks Corporation (SBUX) said that the boycott campaign on the social media, following the retailer’s decision to hire 10 000 refugees worldwide in five years, has not done any harm to the brand. Starbucks shares registered their largest daily slump since February 27th on Friday, while also marking their seventh consecutive session […]
Read moreMarch 13, 2017 7:00 am
Silver (SI) for May delivery (1 Troy Ounce) R1 – $16.946 R2 – $16.969 R3 (Range Resistance – Sell) – $16.992 R4 (Long Breakout) – $17.061 R5 (Breakout Target 1) – $17.141 R6 (Breakout Target 2) – $17.174 S1 – $16.900 S2 – $16.877 S3 (Range Support – Buy) – $16.854 S4 (Short Breakout) – […]
Read moreMarch 10, 2017 10:15 am
Wells Fargo & Company (WFC) was reported to have taken further measures in restructuring its retail banking division, which led to the demotion of several senior executives. However, Wells Fargo has not yet made any statements on the matter. Wells Fargo shares closed higher on Thursday, while marking their first gain in the past four […]
Read moreMarch 10, 2017 8:18 am
On March 9th Staples Inc (SPLS) reported lower-than-projected quarterly earnings and sales, which led to the sharpest drop in its shares in almost seven months. Staples shares registered their largest daily slump since August 17th 2016 on Thursday. The stock went down 5.25% ($0.47) to $8.49, after touching an intraday low at $8.35, or a […]
Read more