February 28, 2019 7:51 am
According to a statement by David Wehner, Facebooks Chief Financial Officer, earlier this week, the companys “clear history” feature will be introduced later in 2019. The feature was first announced at Facebooks F8 conference in May last year. Back then Facebooks Chief Executive Officer Mark Zuckerberg described the feature as being “a simple control to […]
Read moreFebruary 27, 2019 9:04 am
According to a report by Reuters on Tuesday, citing an executive from Boeing Co, the US plane maker has been moving spare parts between its distribution centres in the United Kingdom and other regions across the globe, as it prepares for Brexit. Boeing shares closed lower for the eighth time in the past seventeen trading […]
Read moreFebruary 26, 2019 12:10 pm
According to a report by Reuters on Monday, citing industry sources, after an unplanned outage, train 3 at Chevrons Gorgon liquefied natural gas export plant in Australia has been brought back online during the past weekend. A mechanical issue caused the train to be shut down in mid-January. The issue probably resulted from higher than […]
Read moreFebruary 26, 2019 8:17 am
General Electric Company (GE) said on Monday that it had agreed to sell its BioPharma business to Danaher Corporation for a total amount of $21.4 billion, including $21 billion in cash and the assumption of GEs certain pension liabilities. General Electric shares closed higher for a second consecutive trading session in New York on Monday. […]
Read moreFebruary 25, 2019 10:25 am
Goldman Sachs Group Inc (GS) has invested in Rabbet, a US startup firm specialized in construction finance software development, Reuters reported. Among other participants in the $8 million round are Camber Creek and QED Investors. Goldman Sachs shares closed lower for a third consecutive trading session in New York on Friday. The stock edged down […]
Read moreFebruary 25, 2019 8:15 am
According to an announcement by General Motors on Friday, production at its Detroit Hamtramck facility has been extended until January 2020. The company had previously planned to discontinue production in June 2018. General Motors shares closed higher for the fifth time in the past nine trading sessions in New York on Friday. The stock went […]
Read moreFebruary 22, 2019 10:22 am
Zion Williamson, a Duke University basketball player, suffered an injury, when his Nike shoe ripped in half in the opening moments of Dukes game against the University of North Carolina on Wednesday. Williamson fell to the court and injured his knee, which kept him out of the rest of the game. Nike shares closed lower […]
Read moreFebruary 21, 2019 11:18 am
During an air show in the southern city of Bengaluru on Wednesday Lockheed Martin Corp (LMT) presented to India a new fighter jet, the F-21, as the company seeks to win a military order valued at more than $15 billion. Lockheed Martin shares closed higher for the tenth time in the past fifteen trading sessions […]
Read moreFebruary 21, 2019 8:17 am
According to Freddie Lait, Chief Investment Officer at Latitude Investment Management, Tesla Incs (TSLA) market capitalization of $52.5 billion warrants a buyout scenario, while Apple Inc, having sizable cash on hand, is the most likely candidate to place a takeover bid. Tesla shares closed lower for a second consecutive trading session on NASDAQ on Wednesday. […]
Read moreFebruary 20, 2019 10:27 am
According to a report by the Financial Times earlier this week, Facebook Inc (FB) is willing to build a virtual assistant smarter than Amazons Alexa or Apples Siri and powered by cutting-edge AI technology. In January, Facebook disclosed a tie-up with Intel, as it joined an intense competition to develop a more sophisticated and powerful […]
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