April 29, 2019 7:39 am
Chevron Corp reported on Friday a 27% year-on-year drop in its first-quarter earnings, with results pressured by lower crude oil prices and weaker margins in the company’s refining and chemicals businesses. Still, first-quarter profit exceeded Wall Street estimates. Chevron shares closed lower for a third consecutive trading session in New York on Friday. The stock […]
Read moreApril 26, 2019 8:42 am
Southwest Airlines Company (LUV) said on Thursday its first-quarter earnings had shrunk by 16.4% from a year ago, as it cited an array of negative influence factors, including flight cancellations due to the global 737 MAX grounding. Shares of Southwest Airlines closed higher for a third consecutive trading session in New York on Thursday. The […]
Read moreApril 25, 2019 8:34 am
AT&T Incs (T) first-quarter revenue, reported on Wednesday, fell short of Wall Street estimates, pressured by lower-than-anticipated revenue in its WarnerMedia and Mobility units. AT&T shares closed lower for the fourth time in the past fifteen trading sessions in New York on Wednesday. It has also been the steepest daily loss since January 30th. The […]
Read moreApril 24, 2019 10:06 am
Verizon Communications Incs first-quarter profit, reported on Tuesday, exceeded market expectations, while full-year 2019 earnings forecast was revised up. However, the company reported a more considerable loss of phone subscribers during the quarter than anticipated, which sent its shares down by over 2% yesterday. Verizon shares closed lower for the fifth time in the past […]
Read moreApril 24, 2019 7:07 am
Exxon Mobil Corporation (XOM) announced earlier this week that it had inked a 20-year sale and purchase agreement, which envisages the supply of liquefied natural gas (LNG) to Zhejiang Provincial Energy Group of China. However, the oil and gas major did not disclose any price or timing details. Exxon Mobil shares closed higher for a […]
Read moreApril 23, 2019 9:32 am
Shares of Mattel Inc (MAT) registered their largest single-session loss in 9,5 weeks on Monday, after hedge fund Bronte Capital warned of “seemingly dysfunctional management” at the toy company and “too much debt”. Mattel shares closed lower for a third consecutive trading session on NASDAQ on Monday. It has also been the steepest daily loss […]
Read moreApril 23, 2019 7:08 am
Eli Lilly and Company (LLY) announced on Monday a global licensing and research collaboration with Avidity Biosciences Inc, whose focus will be set on the discovery, development and commercialization of potential new medicines in immunology. Eli Lilly shares closed higher for the fifth time in the past thirteen trading sessions in New York on Monday. […]
Read moreApril 22, 2019 9:28 am
According to a statement by the US Federal Aviation Administration on Friday, a joint governmental review of the globally grounded Boeing 737 MAX is expected to be initiated on April 29th. Nine other aviation regulators from across the globe are to participate in the review, the FAA said. Boeing shares closed higher for the fourth […]
Read moreApril 22, 2019 6:46 am
According to a proxy statement by General Motors Company (GM) released on Thursday, the company’s Chairman and Chief Executive Officer, Mary Barra, received a bit less than $22 million in total compensation in 2018. General Motors shares closed higher for a third consecutive trading session in New York on Thursday. The stock went up 0.78% […]
Read moreApril 19, 2019 9:49 am
According to a report by noted Apple analyst Ming-Chi Kuo, the tech company intends to upgrade the front camera in this years iPhone models to 12 megapixels from 7 megapixels. The camera will also be modified from the current 4-element lens to a 5-element lens component. Apple shares closed higher for a fourth consecutive trading […]
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