January 29, 2020 7:51 am
Pfizer Inc’s (PFE) fourth-quarter earnings, reported on Tuesday, fell short of Wall Street estimates, as sales of its Ibrance drug also came in below expectations. Pfizer shares closed lower for the sixth time in the past ten trading sessions in New York on Tuesday. It has also been the steepest daily loss since July 30th […]
Read moreJanuary 28, 2020 10:43 am
Tesla Inc’s (TSLA) Chief Executive Officer Elon Musk attempted to soothe environmental concerns regarding the company’s planned facility in Germany, as he said that less water would be used than initially estimated. In planning documents, the electric car maker had stated that the facility would require 372 cubic meters of water per hour from the […]
Read moreJanuary 28, 2020 7:48 am
Lockheed Martin Corp (LMT) said on Friday that General Joseph F. Dunford Jr., former Chairman of the Joint Chiefs of Staff, had been elected to its Board of Directors, effective February 10th. Lockheed Martin shares closed lower for the fourth time in the past ten trading sessions in New York on Monday. The stock inched […]
Read moreJanuary 27, 2020 9:32 am
Walmart Inc (WMT) is about to offer a higher minimum wage for a selection of newly created job positions at 500 of its US stores, since the retailer seeks to ensure better customer in-store experience. Walmart shares closed lower for a second consecutive trading session in New York on Friday. It has also been the […]
Read moreJanuary 24, 2020 10:01 am
Southwest Airlines Co’s (LUV) fourth-quarter earnings, reported on Thursday, missed Wall Street estimates on rising Boeing 737 MAX costs. The company also warned that flight cancellations would likely be extended beyond June. Shares of Southwest Airlines closed higher for the fifth time in the past ten trading sessions in New York on Thursday. It has […]
Read moreJanuary 23, 2020 10:11 am
Cruise, General Motors Co’s (GM) self-driving vehicle division, revealed earlier this week a prototype electric vehicle with no steering wheel or pedals, named “Cruise Origin” and developed in cooperation with Honda Motor Co Ltd. General Motors shares closed lower for a second consecutive trading session in New York on Wednesday. The stock edged down 0.23% […]
Read moreJanuary 23, 2020 8:29 am
According to an announcement by Boeing Co (BA) on Wednesday, it has agreed with Israel’s Tactical Robotics to explore opportunities to develop a ducted fan propulsion technology, which could be potentially used for piloted and autonomous light aircraft. However, financial terms of the agreement remained undisclosed. Boeing shares closed lower for a third consecutive trading […]
Read moreJanuary 22, 2020 10:03 am
J.P. Morgan Chase & Co (JPM) said that it had established a new division named the Development Finance Institution in an attempt to support private investment in emerging-market development projects. J.P. Morgan Chase shares closed lower for the fourth time in the past ten trading sessions in New York on Tuesday. The stock went down […]
Read moreJanuary 22, 2020 8:15 am
Facebook Inc (FB) plans to bolster its workforce in London by hiring 1 000 people in 2020 in roles such as product development and safety. Facebook shares closed lower for the third time in the past ten trading sessions on NASDAQ on Tuesday. The stock went down 0.32% ($0.70) to $221.44, after touching an intraday […]
Read moreJanuary 21, 2020 10:00 am
According to a report by Reuters, citing an internal memo by Walmart Inc (WMT), Steve Bratspies, Chief Merchandising Officer of Walmart U.S., is to part ways with the company. Walmart shares closed lower for the seventh time in the past ten trading sessions in New York on Friday. It has also been the steepest daily […]
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