December 18, 2019 10:10 am
Southwest Airlines Co (LUV), the largest 737 MAX operator in the United States, said on Tuesday that it would cancel nearly 300 flights per day from its weekday schedule of nearly 4 000 flights through April 13th, as the MAX global grounding continues. Southwest’s decision follows a similar move by rival American Airlines, which has […]
Read moreDecember 18, 2019 8:31 am
Intel Corp (INTC) said earlier this week that it had acquired Habana Labs, an artificial intelligence company based in Israel, in a deal valued at nearly $2 billion. Intel shares closed lower for a second consecutive trading session on NASDAQ on Tuesday. It has also been the steepest daily loss since December 3rd. The stock […]
Read moreDecember 17, 2019 10:23 am
Walt Disney’s “Frozen II” has now earned more than $1 billion since its debut and has become the sixth movie from the studio, along with “Captain Marvel,” “Aladdin,” “The Lion King,” “Avengers: Endgame” and “Toy Story 4” to achieve this in 2019. “Frozen II” has also become the seventh largest animated release in history internationally. […]
Read moreDecember 17, 2019 8:30 am
Verdi trade union reportedly called for an employee strike during the final shopping days before Christmas at one of Amazon’s crucial logistics centers in Germany in relation with demands of better wages and work conditions. Amazon shares closed higher for a fourth consecutive trading session on NASDAQ on Monday. The stock went up 0.47% ($8.27) […]
Read moreDecember 16, 2019 9:22 am
Ford Motor Company (F) announced on Friday a recall of 547 538 of its Super Duty pickup trucks in the United States, Canada and Mexico due to heightened risk of post-crash interior fire. Ford shares closed lower for the fifth time in the past ten trading sessions in New York on Friday. It has also […]
Read moreDecember 13, 2019 10:14 am
Dana Inc (DAN) said on Thursday that the extension of its share repurchase program through December 31st 2021 had been authorized by the Board of Directors. Shares of Dana Inc closed higher for a second consecutive trading session in New York on Thursday. It has also been the sharpest daily surge since November 1st. The […]
Read moreDecember 13, 2019 8:22 am
A new analyst at UBS assigned a “Buy” rating on General Electric Company (GE), as he expected “the stock narrative to change from significant cash drag to successful transformation.” The new rating is an upgrade from “Neutral”, which was assigned by previous analyst. UBS also raised its 12-month price target on the stock from $11.50 […]
Read moreDecember 12, 2019 10:23 am
Facebook Inc (FB) is no longer among the top 10 places to work, according to Glassdoor. The company is now 23rd on a list of “Best Places to Work” in 2020, after being 7th in the preceding year. Facebook has faced heightened regulatory scrutiny over how it handles user data, as well as in relation […]
Read moreDecember 12, 2019 8:16 am
According to a report by Germany’s Bild newspaper on Wednesday, Tesla Inc (TSLA) intends to manufacture as many as 500 000 electric vehicles per year at a new facility located on the outskirts of Berlin. Tesla shares closed higher for a fourth consecutive trading session on NASDAQ on Wednesday. The stock went up 1.11% ($3.86) […]
Read moreDecember 11, 2019 10:16 am
Dollar General Corp (DG) announced on Tuesday that cannabidiol (CBD) cosmetic products would now be offered in over 1 000 of its stores in Tennessee and Kentucky amid increasing demand for such products. Dollar General shares closed lower for the seventh time in the past ten trading sessions in New York on Tuesday. The stock […]
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