Stock News

Renault shares trade lower in Paris on Monday, company signs agreement with French trades unions on remote working

Renault SA (RENA) announced last Friday that it had signed an agreement with French trades unions, under which thousands of its employees will be allowed to work from home for up to three days per week. The French auto maker said that the new work-related arrangements would be carried out in several stages, starting this […] Read more

Bentley Systems shares close higher on Wednesday, company announces US partnership with Carahsoft

Bentley Systems Inc (BSY) announced earlier this week a partnership with Carahsoft Technology Corp. Under the agreement, Carahsoft will serve as the main government distribution contract aggregator for Bentley Systems, with the aim being to extend the company’s commitment to US federal, state and local government agencies. The tie-up will enable Carahsoft, Bentley and the […] Read more

Ford shares close higher on Tuesday, company begins Bronco SUV shipments from Michigan plant

Ford Motor Co (F) said on Tuesday that it had begun production and shipments of the new Bronco Sport-utility vehicles (SUVs) from its assembly facility in Michigan, after a launch delay of the vehicles due to COVID-19 pandemic-related issues with suppliers. Ford has invested $750 million in its assembly plant in Michigan to make the […] Read more

Novavax shares close lower on Monday, company’s coronavirus vaccine shows over 90% efficacy in US trial

Novavax Inc’s (NVAX) late-stage data from its US-based clinical trial, encompassing 30,000 volunteers from the United States and Mexico, has shown that the company’s vaccine is over 90% effective against the novel coronavirus across a range of its variants. The company’s protein-based COVID-19 vaccine candidate showed an over 93% efficacy against the most spread variants […] Read more

NVIDIA shares close higher on Friday, company to acquire AV mapping startup DeepMap

NVIDIA Corp (NVDA) said last week that it had agreed to acquire DeepMap, a startup specialized in building high-definition maps for autonomous vehicles, helping them to navigate the world safely. Established five years ago by Wu and Mark Wheeler, veterans of Google, Apple and Baidu, DeepMap is anticipated to extend NVIDIA’s mapping products, scale global […] Read more

Target shares hit a record high on Wednesday, quarterly dividend raised by 32%

Target Corp’s (TGT) board of directors has announced a quarterly dividend of $0.90 per common share, up from a dividend of $0.68 in the previous quarter. The dividend is payable on September 10th to shareholders of record as of the close of business on August 18th, the company said. “The dividend increase we’re announcing today […] Read more

Southwest shares close higher on Tuesday, airline orders 34 additional Boeing 737 MAX aircraft

Southwest Airlines Co (LUV) announced on Tuesday the order of 34 additional 737 MAX 7 aircraft from Boeing Co, which it will have delivered in 2022, as the US air carrier prepares for a vaccine-driven air travel demand recovery. “Passenger demand and booking trends remain primarily leisure-oriented,” the air carrier said in a statement, cited […] Read more

United Air shares close higher on Monday, new hires now required to show proof of COVID-19 vaccine

United Airlines Holdings Inc (UAL) said last week that it would begin to require new employees to provide proof that they have been vaccinated against the novel coronavirus. Under the new rule, all external job candidates with offers made after June 15th will have to provide confirmation they have been fully vaccinated by their start […] Read more

CSX shares close lower on Friday, company announces 3-for-1 stock split

CSX Corp (CSX) said on Friday that its board of directors had approved a 3-for-1 stock split, which would be distributed to the company’s shareholders as a stock dividend. Every shareholder of record at the close of business on June 18th will receive 2 additional shares of CSX’s common stock for each share held, CSX […] Read more

Tesla shares close lower on Wednesday, 6,000 US vehicles to be recalled due to loose bolts issue

Tesla Inc (TSLA) will recall almost 6,000 vehicles in the United States due to an issue involving loose brake caliper bolts, a company filing with the National Highway Traffic Safety Administration (NHTSA) showed. Loose caliper bolts could allow the brake caliper to separate and come in contact with the wheel rim, which could result in […] Read more