December 31, 2019 10:02 am
Kratos Defense & Security Solutions Inc (KTOS) said on Monday that its Command, Control, Communications, Computing, Combat, Intelligence, Surveillance and Reconnaissance (C5ISR) Modular Systems Division had been awarded a $50 million indefinite delivery, indefinite quantity (IDIQ) product and hardware contract, in support of a national security related program. Kratos shares closed higher for the fourth […]
Read moreDecember 30, 2019 8:47 am
According to a report by Reuters, citing a representative from Tesla Inc, the US electric auto maker is to begin deliveries of Model 3 sedans, manufactured at its factory in Shanghai, today. Tesla employees will be the first 15 clients to get the sedans delivered on December 30th. Tesla shares closed lower for the third […]
Read moreDecember 27, 2019 9:43 am
United Parcel Service Inc (UPS) said on Thursday that returned packages might reach a record high after this year’s holiday shipping season, because on-line customer shopping was more active. About 1.9 million returns are expected to be processed on January 2nd, the company said, or 26% more compared to a year ago. United Parcel shares […]
Read moreDecember 26, 2019 9:19 am
According to a report by Bloomberg, David Calhoun, currently a senior managing director and head of Blackstone’s private equity portfolio operations team, intends to leave the private equity firm and will assume the role of CEO at Boeing Co, effective January 13th. David Calhoun was also appointed as Boeing’s chairman in October. Blackstone shares closed […]
Read moreDecember 24, 2019 8:46 am
According to a report by Reuters, citing sources with knowledge of the matter, a new CNY 10 billion ($1.4 billion), five-year loan has been agreed by Tesla Inc (TSLA) and several Chinese banks, which is to be used for the US electric car maker’s facility in Shanghai. Tesla shares closed higher for a fourth consecutive […]
Read moreDecember 23, 2019 8:59 am
United Airlines Holdings Inc (UAL) said on Friday that it would pull Boeing 737 MAX from its flight schedule until June 4th. Previously, it had announced flight cancellations until early March. United Air shares closed higher for a second consecutive trading session on NASDAQ on Friday. The stock edged up 0.07% ($0.06) to $89.28, after […]
Read moreDecember 20, 2019 10:35 am
FedEx Corp (FDX) said earlier this week that continued investments in seven-day ground delivery service along with “operational synergies” in Europe could help the shipping company outpace Amazon.com Inc during fiscal year 2021. FedEx shares closed higher for the sixth time in the past ten trading sessions in New York on Thursday. The stock edged […]
Read moreDecember 20, 2019 8:33 am
American International Group Inc (AIG) said on Thursday that Peter Zaffino, its global Chief Operating Officer and head of its general insurance business, had been appointed as its new President, effective January 1st. AIG shares closed lower for the fifth time in the past ten trading sessions in New York on Thursday. The stock edged […]
Read moreDecember 19, 2019 10:07 am
A “longstanding” tax dispute has been settled between Alphabet Inc’s Google and the Australian Taxation Office (ATO), after the tech company paid additional AUD 481.5 million on top of its preceding tax bill. Alphabet shares closed lower for a second consecutive trading session on NASDAQ on Wednesday. The stock edged down 0.18% ($2.50) to $1,352.62, […]
Read moreDecember 19, 2019 8:13 am
Ford Motor Co (F) revealed earlier this week plans to invest over $1.45 billion in two manufacturing facilities in Detroit, Michigan, and create 3 000 jobs. Ford shares closed higher for the sixth time in the past ten trading sessions in New York on Wednesday. The stock went up 1.60% ($0.15) to $9.54, after touching […]
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