July 18, 2019 6:33 am
Bank of America Corp’s (BAC) second-quarter profit, reported on Wednesday, topped Wall Street estimates, as a healthy domestic economy supported loan growth in consumer banking. Bank of America shares closed higher for the fifth time in the past eleven trading sessions in New York on Wednesday. The stock went up 0.69% ($0.20) to $29.19, after […]
Read moreJuly 17, 2019 8:59 am
Tesla Inc (TSLA) said on Tuesday that it had removed the standard-range versions of its Model S and Model X vehicles from its line-up and had also adjusted pricing. Tesla shares closed lower for the sixth time in the past thirteen trading sessions on NASDAQ on Tuesday. The stock went down 0.44% ($1.12) to $252.38, […]
Read moreJuly 17, 2019 6:30 am
J.P. Morgan Chase & Co’s second-quarter earnings, reported on Tuesday, exceeded Wall Street estimates, as loan growth and higher interest income more than compensated for lower revenue from market trading activities. J.P. Morgan Chase shares closed higher for the tenth time in the past fourteen trading sessions in New York on Tuesday. It has also […]
Read moreJuly 16, 2019 9:12 am
UBS downgraded on Monday General Electric Company (GE) from “Buy” to “Neutral”, while advising market players to “take a breather after recent stock outperformance.” The brokerage also revised down its 12-month price target on the stock from $13.00 to $11.50. General Electric shares closed lower for the seventh time in the past thirteen trading sessions […]
Read moreJuly 16, 2019 6:58 am
In a statement during the past weekend, Amazon.com Inc said that it intended to establish a new warehouse in Germany and add over 2 800 permanent contract job positions in the country by the end of 2019. Amazon shares closed higher for a second consecutive trading session on NASDAQ on Monday. The stock went up […]
Read moreJuly 15, 2019 8:12 am
According to an announcement by United Continental Holdings Inc (UAL) on Friday, its Boeing 737 MAX jets are to remain off its flight schedule until November 3rd, as global grounding continues. This would result in 2 100 flights canceled in September and 2 900 cancellations in October, the company said. Previously, the air carrier had […]
Read moreJuly 12, 2019 9:21 am
Delta Air Lines Inc’s quarterly adjusted earnings, reported on Thursday, exceeded Wall Street estimates, as benefits were drawn from higher fares. Delta Air shares closed higher for a second consecutive trading session in New York on Thursday. It has also been the sharpest daily surge since July 2nd. The stock went up 1.16% ($0.69) to […]
Read moreJuly 12, 2019 7:05 am
Fiat Chrysler intends to invest a total of EUR 700 million in the establishment of a production line for a new electric version of its 500 model (BEV), according to a top executive from the company. The investment represents part of a EUR 5 billion investment plan, which is to be carried out in Italy […]
Read moreJuly 11, 2019 9:20 am
American Airlines Group Inc (AAL) said yesterday that it expected the grounding of Boeings 737 MAX aircraft to reduce earnings by almost $185 million in the second quarter, since thousands of flights had to be canceled. American Airlines shares closed higher for the seventh time in the past eleven trading sessions on NASDAQ on Wednesday. […]
Read moreJuly 11, 2019 6:41 am
According to a report by Bloomberg earlier this week, citing an internal email by Tesla Inc, the auto maker is in preparations to ramp up production at its facility in Fremont, California. Tesla shares closed higher for the fifth time in the past eleven trading sessions on NASDAQ on Wednesday. The stock went up 3.85% […]
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