March 22, 2019 10:58 am
Yesterday Citi revised up its price target on Apple Inc (AAPL) from $170 to $220, while also maintaining a “Buy” rating on the stock. Apple shares closed higher for a second consecutive trading session on NASDAQ on Thursday. It has also been the sharpest daily surge since January 30th. The stock went up 3.68% ($6.93) […]
Read moreMarch 22, 2019 8:57 am
According to a memo by Southwest Airlines Pilots’ Association (SWAPA) earlier this week, pilots will require additional computer-based training following the planned software update on Boeings 737 MAX jets. Shares of Southwest Airlines closed higher for the fourth time in the past fifteen trading sessions in New York on Thursday. It has also been the […]
Read moreMarch 21, 2019 9:13 am
Shares of FedEx Corp (FDX) registered their largest single-session loss in 11 weeks on Wednesday, after the delivery company once again slashed its earnings forecast for the entire 2019. FedEx Corp cited decelerating global trade growth as well as continued weakness in its international Express business, which encompasses former Dutch delivery firm TNT Express. FedEx […]
Read moreMarch 20, 2019 11:06 am
Yesterday General Motors Company (GM) revealed plans to invest as much as 10 billion reais ($2.653 billion*) in two of its facilities, located in the Brazilian state of Sao Paulo, over a period of five years. General Motors shares closed higher for the fourth time in the past ten trading sessions in New York on […]
Read moreMarch 20, 2019 8:28 am
Yesterday Argus Research downgraded Boeing Co (BA) from “Buy” to “Hold”, citing a poor response from the companys management following a second fatal 737 MAX 8 crash. Boeing shares closed higher for the third time in the past twelve trading sessions in New York on Tuesday. The stock edged up 0.31% ($1.15) to $373.43, after […]
Read moreMarch 19, 2019 10:46 am
According to a report by Reuters, J.P. Morgan Chase & Co (JPM) has been testing neuroscience-based video games with entry-level job candidates in an attempt to diversify its workforce. J.P. Morgan Chase shares closed higher for a fourth consecutive trading session in New York on Monday. The stock went up 0.60% ($0.64) to $107.19, after […]
Read moreMarch 19, 2019 8:17 am
PepsiCo Inc (PEP) said on Monday that it had appointed Paula Santilli as Chief Executive Officer of its Latin America business, effective May 1st. At present, Santilli serves as President of PepsiCo Mexico Foods. PepsiCo shares closed higher for a second consecutive trading session on NASDAQ on Monday. It has also been the sharpest daily […]
Read moreMarch 18, 2019 10:32 am
According to a report by Reuters, citing sources with knowledge of the matter, Boeing Co intends to deploy a software upgrade to its 737 MAX fleet in 7 to 10 days. Boeing shares closed higher for the second time in the past ten trading sessions in New York on Friday. It has also been the […]
Read moreMarch 18, 2019 8:02 am
Ford Motor Company (F) said on Friday that Chief Executive Officer Jim Hackett had received salary, bonus and stock awards at a total value of $17.1 million last year. If taking into account pensions and perks, Fords CEO earned as much as $17.7 million. In comparison, Hackett’s total compensation for 2017 was $16.3 million. Ford […]
Read moreMarch 15, 2019 9:29 am
Yesterday General Electric Company (GE) offered full-year profit forecast below Wall Street estimates due to expenses related to restructuring of its power business. General Electric shares closed higher for a second consecutive trading session in New York on Thursday. It has also been the sharpest daily surge since March 11th. The stock went up 2.79% […]
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