May 9, 2017 6:33 am
According to a May 8th internal memo by Goldman Sachs Group Inc, Gregg Lemkau, the bank’s M&A co-head, and Marc Nachmann, the bank’s financing group head, were appointed as co-heads of the group’s global investment banking division. A spokesperson for Goldman Sachs had acknowledged the details in the memo, Reuters reported. Goldman Sachs shares closed […]
Read moreMay 8, 2017 8:57 am
Apple Inc (AAPL) was poised to open its first store in Singapore on the city state’s prime Orchard Road shopping boulevard, Reuters reported. The tech company has already expanded its presence in the Asian Pacific area, with its retail stores being located in Japan, China, Hong Kong, Australia and Macau. Apple shares registered their largest […]
Read moreMay 8, 2017 8:56 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.302 R2 – $16.329 R3 (Range Resistance – Sell) – $16.357 R4 (Long Breakout) – $16.439 R5 (Breakout Target 1) – $16.535 R6 (Breakout Target 2) – $16.575 S1 – $16.247 S2 – $16.219 S3 (Range Support – Buy) – $16.192 S4 (Short Breakout) – […]
Read moreMay 5, 2017 9:28 am
According to announcements by the Italian tax authority and Alphabet Inc (GOOGL), Google is to pay 306 million euros for settling a tax dispute with the South European country. In 2016, the Italian tax office claimed that Google had avoided tax on approximately EUR 1 billion of Italian revenue, generated within the period 2009-2013. Alphabet […]
Read moreMay 5, 2017 6:47 am
According to a May 4th statement by Starbucks Corporation (SBUX), the retailers loyalty rewards program at grocery stores is to include a wider range of products in an attempt to lure more customers in the United States. The decision comes after a customer backlash, when the coffee chain reviewed its existing rewards program in 2016. […]
Read moreMay 4, 2017 9:18 am
Another two inches of economy class legroom are to be cut in American Airlines new 737 MAX jets by Boeing. The new aircraft are expected in the fall of 2017, while they are to be put into service by the end of the year. American Airlines shares closed higher for a second consecutive trading session […]
Read moreMay 4, 2017 7:45 am
Time Warner Inc’s (TWX) quarterly earnings, reported on May 3rd, outstripped market expectations, driven by successful movies such as “The LEGO Batman Movie” and “Kong: Skull Island”. Time Warner shares closed lower on Wednesday, while also marking their fourth loss in the past five trading sessions. The stock edged down 0.28% ($0.28) to $99.05, after […]
Read moreMay 4, 2017 5:56 am
USD/CHF R1 – 0.9954 R2 – 0.9959 R3 (Range Resistance – Sell) – 0.9965 R4 (Long Breakout) – 0.9981 R5 (Breakout Target 1) – 1.0000 R6 (Breakout Target 2) – 1.0008 S1 – 0.9943 S2 – 0.9937 S3 (Range Support – Buy) – 0.9932 S4 (Short Breakout) – 0.9915 S5 (Breakout Target 1) – 0.9896 […]
Read moreMay 3, 2017 9:40 am
According to a May 2nd report by General Motors Company (GM), new vehicle sales in the United States dropped 6% to 244 406 units in April. On the other hand, sales of crossovers and trucks continued to increase during the month, which added to recent tendency among consumers to avoid cars in favor of bigger […]
Read moreMay 3, 2017 8:31 am
Pfizer Inc’s (PFE) quarterly revenue fell short of market expectations, as key drugs sales missed estimates as well. Pfizer shares closed lower for a second straight trading session on Tuesday. The stock went down 0.50% ($0.17) to $33.61, after touching an intraday low at $32.88, or a price level not seen since February 15th ($32.69). […]
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