August 2, 2019 6:37 am
Verizon Communications Incs (VZ) second-quarter profit, reported on Thursday, exceeded Wall Street estimates, supported by much stronger growth in its net new phone subscribers than anticipated. Verizon shares closed lower for a third consecutive trading session in New York on Thursday. The stock inched down 0.02% ($0.01) to $55.26, after touching an intraday high at […]
Read moreAugust 1, 2019 9:19 am
Spotify Technology SAs (SPOT) second-quarter revenue, reported on Wednesday, outstripped Wall Street estimates, supported by subscriber growth in the companys premium business. On the other hand, quarterly loss was larger than expected. Spotify shares closed lower for the sixth time in the past twelve trading sessions in New York on Wednesday. The stock edged down […]
Read moreAugust 1, 2019 7:29 am
According to a Wednesday report by Israeli business news website, Globes, Amazon.com Inc has agreed to acquire storage technology startup firm E8 Storage. Amazon shares closed lower for a fifth consecutive trading session on NASDAQ on Wednesday. It has also been the steepest daily loss since June 25th. The stock went down 1.67% ($31.75) to […]
Read moreJuly 31, 2019 9:35 am
Eli Lilly and Companys quarterly revenue and profit, reported on Tuesday, topped Wall Street estimates, supported by higher sales of diabetes drugs Trulicity and Basaglar. Eli Lilly shares closed lower for the fourth time in the past twelve trading sessions in New York on Tuesday. The stock inched down 0.03% ($0.03) to $108.69, after touching […]
Read moreJuly 31, 2019 6:30 am
Bank of America Corp (BAC) said earlier this week that it intended to discontinue its electronic payment services joint venture with First Data Corp in June 2020. The announcement came just hours after US financial technology provider Fiserv Inc finalized its acquisition of First Data Corp. Fiserv had announced plans to acquire First Data Corp […]
Read moreJuly 30, 2019 9:14 am
United Airlines Holdings Inc (UAL) said that it would buy a stake in security identity firm Clear as part of a partnership aimed at increasing the number of biometric screening kiosks in airports across the United States. The tie-up also aims to facilitate passenger movement through airports. United Air shares closed higher for the eighth […]
Read moreJuly 30, 2019 7:20 am
According to a report by Reuters over the weekend, citing a person with knowledge of the matter, Pfizer Inc (PFE) is exploring a merger of its off-patent drugs business with Mylan NV in a stock deal. Pfizer shares closed lower for the fifth time in the past eleven trading sessions in New York on Monday. […]
Read moreJuly 29, 2019 7:53 am
McDonald’s Corp’s quarterly US same-store sales topped Wall Street estimates, since the company managed to lure more customers with revamped stores and new promotions (for example, the 2 for $5 Mix and Match deal). McDonald’s shares closed higher for a second consecutive trading session in New York on Friday. The stock went up 0.53% ($1.14) […]
Read moreJuly 26, 2019 9:38 am
Citigroup Inc (C) said on Thursday that Curt Engler had been appointed as head of its equities execution services for the Asia Pacific region. Currently, Engler occupies a senior executive position at J.P. Morgan Asset Management in New York, which he joined in 2010. Citigroup shares closed lower for the fifth time in the past […]
Read moreJuly 26, 2019 6:49 am
American Airlines Group Inc said yesterday that the Boeing 737 MAX global grounding could reduce its 2019 pretax profit by nearly $400 million. The air carrier has taken its 24 737 MAX aircraft off its flight schedule until early November, which resulted in approximately 115 cancellations per day. American Airlines shares closed lower for the […]
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