November 1, 2019 7:43 am
According to a report by the Financial Times earlier this week, citing sources with knowledge of the matter, Citigroup Inc (C) intends to withdraw from 30 foreign exchange platforms. Citigroup shares closed lower for a third consecutive trading session in New York on Thursday. It has also been the steepest daily loss since October 16th. […]
Read moreOctober 31, 2019 9:58 am
General Electric Co (GE) on Wednesday reported a quarterly loss of $1.3 billion. However, on an adjusted basis, the company reported a higher-than-anticipated profit during the third quarter and also revised up its free cash flow forecast for the full year. General Electric shares closed higher for the eighth time in the past thirteen trading […]
Read moreOctober 31, 2019 7:45 am
Amazon.com Inc (AMZN) said earlier this week that its grocery delivery service for Prime members in the United States would be made free-of-charge. Additionally, all orders for groceries will be integrated into one portal. Amazon shares closed higher for the ninth time in the past fifteen trading sessions on NASDAQ on Wednesday. It has also […]
Read moreOctober 30, 2019 10:52 am
Pfizer Inc’s (PFE) third-quarter earnings, reported on Tuesday, surged past Wall Street estimates, supported by strong sales of its breast cancer drug Ibrance. The company also revised up its full-year earnings forecast. Pfizer shares closed higher for a third consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge […]
Read moreOctober 30, 2019 7:47 am
Jefferies raised its 12-month price target on Apple Inc (AAPL) from $260 to $285 and also maintained a ”Buy” rating on the stock, as sales of the latest iPhone may turn out to be “better than feared.” Apple shares closed lower for the fifth time in the past fifteen trading sessions on NASDAQ on Tuesday. […]
Read moreOctober 29, 2019 10:02 am
AT&T Inc’s third-quarter earnings, reported on Monday, topped Wall Street estimates, while operating revenue fell short of market expectations. The US wireless carrier added more mobile phone subscribers paying a monthly bill than anticipated during the latest quarter, as it bundled media content with phone plans. The company also announced a three-year strategic plan, which […]
Read moreOctober 29, 2019 7:46 am
According to a report by Reuters, citing sources with direct knowledge of the matter, Exxon Mobil Corp (XOM) is looking for a potential buyer for its refinery located in Billings, Montana. Exxon Mobil shares closed lower for the fifth time in the past fourteen trading sessions in New York on Monday. The stock went down […]
Read moreOctober 28, 2019 9:02 am
According to a statement by Boeing Co (BA) last week, the company is addressing safety recommendations by Indonesian regulators after calls for improved cockpit systems and oversight. Boeing shares closed lower for the sixth time in the past eleven trading sessions in New York on Friday. The stock went down 1.37% ($4.72) to $339.83, after […]
Read moreOctober 25, 2019 9:31 am
Amazon.com Inc (AMZN) said earlier this week that it had acquired healthcare start-up firm Health Navigator, or its second acquisition in the sector of healthcare services. However, the financial terms of the agreement remained undisclosed. Amazon shares closed higher for the seventh time in the past eleven trading sessions on NASDAQ on Thursday. The stock […]
Read moreOctober 25, 2019 7:20 am
Southwest Airlines Co’s (LUV) third-quarter earnings, reported on Thursday, surged 7.2% year-on-year, as sound demand for air travel and higher fares offset the $210 million hit to operating income from cancelled flights resulting from the global grounding of Boeing 737 MAX aircraft. Shares of Southwest Airlines closed higher for a second consecutive trading session in […]
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