September 24, 2019 9:12 am
In an internal memo, cited by CNBC, Walmart announced that it would discontinue sales of e-cigarettes in its Walmart and Sam’s Club locations across the United States, as it pointed out “regulatory complexity” and “uncertainty” surrounding this particular industry. The decision also comes at a time when the Trump administration has been preparing a federal […]
Read moreSeptember 24, 2019 6:47 am
According to a Monday report by Reuters, citing sources with knowledge of the matter, the EU antitrust regulator may launch a probe into Boeing Co’s (BA) bid for a controlling stake in Embraer’s commercial aircraft business. Boeing shares closed lower for a third consecutive trading session in New York on Monday. The stock went down […]
Read moreSeptember 23, 2019 7:14 am
According to a statement by Google’s Chief Executive Officer Sundar Pichai at a news conference in Finland, the company intends to invest additional EUR 3 billion over the upcoming two years in the expansion of its data centers across Europe. Alphabet shares closed lower for the fifth time in the past thirteen trading sessions on […]
Read moreSeptember 20, 2019 10:01 am
Tesla’s Model 3 sedan has been awarded the top safety rating by the Insurance Institute of Highway Safety (IIHS) and has become the first Tesla vehicle to do so, Reuters reported. Tesla shares closed higher for the sixth time in the past thirteen trading sessions on NASDAQ on Thursday. It has also been the sharpest […]
Read moreSeptember 20, 2019 7:26 am
Wells Fargo & Company (WFC) said on Thursday that it would collaborate with data platform Plaid over data exchange. As a result of the agreement, clients of Wells Fargo will be enabled to conveniently and more securely share their financial information with the digital financial tools and services, supported by Plaid, through the use of […]
Read moreSeptember 19, 2019 9:28 am
Southwest Airlines Co (LUV) said on Wednesday that it had continued to experience solid demand and strong passenger yield trends during the third quarter from a year ago. Therefore, the air carrier reiterated its operating revenue per available seat mile (unit revenue) forecast for the third quarter, expecting 3% to 5% year-on-year growth. Shares of […]
Read moreSeptember 19, 2019 7:57 am
LG Display Co Ltd announced earlier this week a voluntary redundancy program for its production line employees in South Korea at a time of widening financial losses. LG Display shares closed lower for a fourth consecutive trading session in New York on Wednesday. The stock went down 1.31% ($0.08) to $6.04, after touching an intraday […]
Read moreSeptember 18, 2019 8:24 am
Amazon Music said on Tuesday that it had launched Amazon Music HD – a new tier of high quality, lossless audio offering over 50 million songs in High Definition and millions of songs in Ultra High Definition. Amazon Music HD is now available in Germany, Japan, the United States and the United Kingdom. Amazon shares […]
Read moreSeptember 17, 2019 9:35 am
Nucor Corp said on Monday that it now expected earnings within the range of $0.75 to $0.80 per share during the third quarter ended on September 28th. The forecast range compares with earnings of $1.26 per share during the second quarter of 2019 and earnings of $2.13 per share during the third quarter of 2018. […]
Read moreSeptember 17, 2019 6:42 am
LG Display Co Ltd said on Monday that Jeong Ho-young, the current Chief Operation Officer and Chief Finance Officer at LG Chem, had been appointed as its next Chief Executive Officer, after current CEO Han Sang-beom offered to resign amid increasing losses. LG Display shares closed lower for a second consecutive trading session in New […]
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