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Dollar Tree shares gain the most in 12 weeks on Thursday, quarterly revenue tops estimates, same-store sales and full-year profit forecast below expectations

May 31, 2019 9:47 am
Shares of Dollar Tree Inc (DLTR) registered their largest single-session gain in 12 weeks on Thursday, after the company reported higher-than-anticipated revenue and earnings that came in line with Wall Street estimates during the first quarter. However, quarterly same-store sales at Dollar Tree stores fell short of estimates. Dollar Tree shares closed higher for the […] Read more

Goldman Sachs shares fall for a second straight session on Wednesday, bank appoints three new executives to management committee

May 30, 2019 6:42 am
Three new executives have been appointed to Goldman Sachs Groups (GS) management committee – Todd Leland and James Paradise, the co-presidents of Goldmans Asia Pacific operations, excluding Japan, and Beth Hammack, Goldmans global treasurer, a memo sent by the banks top management revealed. Goldman Sachs shares closed lower for a second consecutive trading session in […] Read more

Tesla shares fall for a second straight session on Tuesday, China-produced Model 3 vehicles may be priced between $43 400 and $50 700, Bloomberg reports

May 29, 2019 8:08 am
According to a Tuesday report by Bloomberg, citing sources with knowledge of the matter, Tesla Inc (TSLA) is considering to price its Model 3 vehicles produced in China between CNY 300 000 and CNY 350 000 (or between $43 402 and $50 636*) before subsidies. Tesla shares closed lower for a second consecutive trading session […] Read more

Starbucks shares fall for a second straight session on Thursday, company inks license agreement with Coffee Concepts venture in Thailand

May 24, 2019 9:29 am
An exclusive deal over operation and development of Starbucks Corp’s (SBUX) retail business in Thailand has been inked between a Hong-Kong-headquartered company and an entity managed by Thai billionaire Charoen Sirivadhanabhakdi, Reuters reported. Starbucks shares closed lower for a second consecutive trading session on NASDAQ on Thursday. It has also been the steepest daily loss […] Read more