June 25, 2019 9:10 am
The newest installment in Walt Disney Cos talking-toy franchise, “Toy Story 4”, generated $118 million in Canada and the United States during its opening weekend, which extended a winning streak for the company that has so far encompassed titles such as “Captain Marvel”, “Avengers: Endgame” and “Aladdin”. Walt Disney shares closed lower for a second […]
Read moreJune 25, 2019 6:59 am
UBS upgraded on Monday Hostess Brands Inc (TWNK) from “Neutral” to “Buy”, as it cited multiple catalysts pointing to 25% upside for the shares. The firm also assigned a 12-month price target of $17 on the stock. Hostess Brands shares closed higher for a fourth consecutive trading session on NASDAQ on Monday. It has also […]
Read moreJune 24, 2019 7:40 am
Fred’s Inc (FRED) said on Friday that additional 49 underperforming stores would be closed as part of an ongoing effort aimed to optimize store footprint. On the other hand, the retailer noted that pharmacies would still remain open even after these stores are shut down. The company’s shares closed lower for the sixth time in […]
Read moreJune 21, 2019 9:28 am
In a tweet earlier this week, Netflix Inc (NFLX) stated that its “Murder Mystery” movie featuring actress Jennifer Aniston and actor Adam Sandler had been watched by 30.9 million account holders during its first three days. It has been the ”biggest opening weekend ever” for a Netflix original film, the digital media company said. Netflix […]
Read moreJune 21, 2019 6:44 am
Delta Air Lines Inc (DAL) said earlier this week that a technical glitch, which had affected booking, check-in and boarding services, might not lead to flight cancellations. Delta Air shares closed lower for the fifth time in the past fourteen trading sessions in New York on Thursday. It has also been the steepest daily loss […]
Read moreJune 20, 2019 9:05 am
According to a Wednesday report by Nikkei Asian Review, Apples key suppliers have been asked to evaluate the cost implications of relocating 15% to 30% of their production capacity from China to Southeast Asia. The locations being taken into consideration include India, Indonesia, Mexico, Malaysia and Vietnam. Apple shares closed lower for the fourth time […]
Read moreJune 20, 2019 6:31 am
Yesterday Ford Motor Company (F) disclosed more details regarding its 2020 Mustang Shelby GT500. With its 760 horsepower and 625 lb.-ft of torque, as of yet, it is Fords most powerful street-legal automobile. Ford shares closed lower for the fifth time in the past thirteen trading sessions in New York on Wednesday. The stock went […]
Read moreJune 19, 2019 9:13 am
During the first day of the Paris Air Show, Boeing Co (BA) did not register any new plane orders, CNBC reported. On the other hand, according to the aviation consulting company IBA.iQ, Boeing’s European rival, Airbus, registered orders and options for 123 aircraft. Boeing shares closed higher for a second consecutive trading session in New […]
Read moreJune 19, 2019 6:30 am
Shares of Snap Inc (SNAP) registered their largest single-session gain in two weeks on Tuesday, after BTIG revised up its 12-month price target on Snap Inc (SNAP) from $15 to $20. The firm also maintained a “Buy” rating on the stock. Snap shares closed higher for the fifth time in the past ten trading sessions […]
Read moreJune 18, 2019 9:25 am
General Electric Company (GE) announced on Monday that it intended to cut 450 job positions at two facilities in Switzerland in order to address “challenges on the global energy markets”. General Electric shares closed lower for a second consecutive trading session in New York on Monday. It has also been the steepest daily loss since […]
Read more