December 12, 2016 11:21 am
On December 9th a hotline for ex-Wells Fargo employees, laid off for allegedly opening unauthorized accounts, was reported to have been established by a private US regulator. Three months ago the San Francisco-based financial institution was ordered to pay fines and restitution at the amount of $190 million, as according to federal regulators, its tense […]
Read moreDecember 12, 2016 9:26 am
According to a report by the Barron’s financial website, shares of the NASDAQ-listed tire manufacturer, Goodyear Tire & Rubber Company, could surge 25% and hit $40 within a period of 1 year, due to company benefits resulting from cost reduction as well as increasing demand for 17-inch tires. Goodyear shares closed higher for a third […]
Read moreDecember 12, 2016 8:05 am
According to a report by the Barrons financial media, shares of the NYSE-listed health care product manufacturer, Johnson & Johnson, could surge almost 20% to the mid-$130s as a result of a faster earnings growth. Johnson & Johnson shares closed higher for the first time in the past three trading sessions on Friday. The stock […]
Read moreDecember 9, 2016 10:37 am
The DJIA-featured 3M Company announced it had reached an agreement with the Amsterdam-listed Gemalto (GTO), a digital security service provider, regarding the sale of 3Ms identity management business. The deal is estimated to $850 million. 3M shares closed lower for the first time in the past three trading sessions on Thursday. The stock edged down […]
Read moreDecember 9, 2016 8:51 am
According to a person with knowledge on the matter, Stephen Sanger, Wells Fargo Chairman, and Elizabeth Duke, the companys Vice Chair, have been appointed to a four-member committee, which will be in charge of internal investigation in regard to the bank holdings recent sales scandal. The person familiar with the matter requested to remain anonymous, […]
Read moreDecember 9, 2016 7:28 am
Major Currency Pairs USD/CHF R1 – 1.0178 R2 – 1.0192 R3 (Range Resistance – Sell) – 1.0207 R4 (Long Breakout) – 1.0250 R5 (Breakout Target 1) – 1.0302 R6 (Breakout Target 2) – 1.0324 S1 – 1.0148 S2 – 1.0134 S3 (Range Support – Buy) – 1.0119 S4 (Short Breakout) – 1.0076 S5 (Breakout Target […]
Read moreDecember 8, 2016 11:19 am
The NYSE-listed United States Steel Corporation (X) may be looking to restore 10 000 job positions in the United States, according to the companys CEO Mario Longhi. However, in an interview with CNBC he did not specify any time frame for potential additions. United States Steel shares closed higher for a fourth consecutive trading session […]
Read moreDecember 8, 2016 7:53 am
Silver (SI) for March 2017 delivery (1 Troy Ounce) R1 – $17.330 R2 – $17.384 R3 (Range Resistance – Sell) – $17.439 R4 (Long Breakout) – $17.602 R5 (Breakout Target 1) – $17.793 R6 (Breakout Target 2) – $17.890 S1 – $17.220 S2 – $17.166 S3 (Range Support – Buy) – $17.111 S4 (Short Breakout) […]
Read moreDecember 8, 2016 7:26 am
The NYSE-listed oil and gas major, Chevron Corporation (CVX), revealed on Wednesday its $19.8-billion capital and exploratory investment program regarding 2017. The figure represented a 42% reduction compared to the companys expenditures in 2015. Chevron shares closed higher during Wednesdays trading session, while marking their best daily performance since December 1st. The stock surged 1.49% […]
Read moreDecember 7, 2016 10:22 am
The NASDAQ-listed technological giant, Apple Inc. (AAPL), claimed that the incidents involving iPhone 6 battery fires in China, which were featured in a detailed domestic consumer protection report, originated from external factors. According to the Shanghai Consumer Councils report, published last Friday, such issues were observed in eight iPhone 6 handsets. The latter were reported […]
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