February 27, 2017 10:06 am
According to a February 24th statement by Citigroup Inc (C), its recruiting practices are under investigation by government and regulatory authorities in the United States. Citigroup shares registered their largest daily drop since January 17th during Friday’s trading session. The stock went down 1.75% ($1.06) to $59.56, after touching an intraday low of $59.11, or […]
Read moreFebruary 27, 2017 8:45 am
Boeing Company (BA) is to invest GBP 20 million ($24.98 million) in its first factory on European soil in order to produce components for particular aircraft. The companys facility in Sheffield, United Kingdom, spread across 25 000 square feet, is to provide employment for 30 people and is to specialize in production of actuation systems […]
Read moreFebruary 27, 2017 7:17 am
USD/CHF R1 – 1.0080 R2 – 1.0086 R3 (Range Resistance – Sell) – 1.0091 R4 (Long Breakout) – 1.0107 R5 (Breakout Target 1) – 1.0126 R6 (Breakout Target 2) – 1.0133 S1 – 1.0070 S2 – 1.0064 S3 (Range Support – Buy) – 1.0059 S4 (Short Breakout) – 1.0043 S5 (Breakout Target 1) – 1.0024 […]
Read moreFebruary 24, 2017 10:12 am
According to a February 23rd statement by Cigna Corporation (CI), Thomas McCarthy, the companys Chief Financial Officer, is to retire during the summer. The announcement came a week after the deal involving Cignas acquisition by larger rival Anthem Inc for the sum of $54 billion was blocked by the US Department of Justice. Cigna shares […]
Read moreFebruary 24, 2017 8:33 am
According to a February 23rd statement by Greg Smith, Boeings Chief Financial Officer, the companys commercial airplane division is “not competitive” under the present tax legislation in the United States and it was in support of changes to that regime. Also on February 23rd, US Treasury Secretary Steven Mnuchin noted that the Trump administration was […]
Read moreFebruary 23, 2017 10:54 am
On February 22nd Tesla Motors Inc (TSLA) reported a wider-than-projected loss per share during the quarter ended on December 30th, despite strong sales and an increase in revenue. Tesla shares registered their first drop in the past three trading sessions on Wednesday. The stock went down 1.40% ($3.88) to $273.51, after touching an intraday low […]
Read moreFebruary 23, 2017 8:39 am
HP Incs (HPQ) total revenue was reported to have increased 3.6% year-on-year during the first quarter of fiscal year 2017, supported by a 10% growth in revenue from its PC business. HP shares closed higher for a third consecutive trading session on Wednesday. The stock went up 0.43% ($0.07) to $16.20, after touching an intraday […]
Read moreFebruary 22, 2017 10:34 am
Home Depot Incs (HD) fourth-quarter earnings per share topped market expectations, supported by strong same store sales in the United States. Home Depot shares registered their largest daily surge since January 23rd on Tuesday, while also marking their second consecutive session of gains. The stock went up 1.41% ($2.02) to $145.02, after touching an intraday […]
Read moreFebruary 22, 2017 8:42 am
Wal-Mart Stores Incs comparable sales outstripped market expectations during the quarter ended on January 31st due to a more intense customer traffic. At the same time, customer activity on-line also accelerated. Wal-Mart shares registered their largest daily surge since May 19th 2016 on Tuesday, while also marking their fifth consecutive session of gains. The stock […]
Read moreFebruary 21, 2017 10:12 am
In a research note from February 20th, equity strategists at JP Morgan Cazenove, which became a wholly-owned part of JP Morgan back in 2010, showed their preference of the German stock market over French equities, in part because of risks surrounding the presidential election in France. JP Morgan Chase shares closed lower for a second […]
Read more
