December 3, 2019 8:14 am
Britain’s Competition and Markets Authority announced on Monday that it had embarked on an investigation into Google’s acquisition of big-data analytics company Looker Data Sciences. Revealed in June, the $2.6 billion buyout deal is the first major acquisition for Google’s new cloud Chief Executive Officer, Thomas Kurian. Alphabet shares closed lower for a third consecutive […]
Read moreDecember 2, 2019 9:32 am
NexGen Energy Ltd (NXE), a corporation focused on the acquisition, exploration and development of Canadian uranium projects, said on Friday that Bruce Sprague had tendered his resignation as Chief Financial Officer, effective November 29th. Meanwhile, a formal search for a new CFO has been initiated, NexGen said. Shares of NexGen Energy Ltd closed higher for […]
Read moreDecember 2, 2019 7:56 am
According to a report by business newspaper Expansión, citing sources with knowledge of the matter, Orange SA is preparing the sale of 1 500 mobile towers in Spain. Similar to other companies in the industry, the move is expected to grant Orange flexibility to invest in 5G network deployment. In Paris, shares of Orange SA […]
Read moreNovember 29, 2019 10:33 am
Amazon.com Inc (AMZN) said it intended to double the number of workers hired for this year’s holiday shopping season to 200 000, after the e-commerce giant has opened more warehouses, sortation hubs as well as delivery stations. Amazon shares closed higher for a fourth consecutive trading session on NASDAQ on Wednesday. The stock went up […]
Read moreNovember 29, 2019 8:36 am
Apollo Global Management (APO) was reported to have increased its takeover bid for Tech Data Corp (TECD) to $145 per share from $135 per share, after Tech Data got a rival offer from another company. Under the new offer, the deal now has an enterprise value of approximately $6 billion. Shares of Apollo Global Management […]
Read moreNovember 28, 2019 11:05 am
Deere & Co’s fourth-quarter profit, reported on Wednesday, registered an 8.96% year-on-year drop, as trade frictions and poor weather in the US farm belt weighed on results. Deere shares closed lower for the fifth time in the past ten trading sessions in New York on Wednesday. It has also been the steepest daily loss since […]
Read moreNovember 28, 2019 8:09 am
The Federal Aviation Administration (FAA) announced that Boeing Co had been informed the regulator would be the sole issuer of airworthiness certificates for all new 737 MAX jets. Boeing shares closed lower for the fourth time in the past ten trading sessions in New York on Wednesday. It has also been the steepest daily loss […]
Read moreNovember 27, 2019 10:13 am
Dollar Tree Inc’s (DLTR) third-quarter revenue, reported on Tuesday, exceeded Wall Street estimates, as renovated stores and expanded product assortment lured more shoppers to its namesake and the Family Dollar chain. However, the company now projects holiday-quarter earnings below market consensus, because of an anticipated impact from US tariffs on imported goods from China. Dollar […]
Read moreNovember 27, 2019 7:56 am
According to a report by Bloomberg, citing sources with knowledge of the matter, Intel Corp (INTC) is looking for buyers of its connected home business and has hired a financial adviser for a potential deal. Intel shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. The stock edged up 0.15% ($0.09) […]
Read moreNovember 26, 2019 10:32 am
According to a report by Reuters, citing a source with knowledge of the matter, Apple Inc (AAPL) will postpone the planned December theater release of ”The Banker”, one of the company’s first original movies. The film’s debut on the Apple TV+ streaming service will also probably be postponed, Apple said. Apple shares closed higher for […]
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