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Twitter shares gain for a second straight session on Friday, company being probed by Ireland’s Data Protection Commissioner over privacy law violation

January 28, 2019 10:01 am
According to a statement by Ireland’s Data Protection Commissioner (DPC) on Friday, Twitter Inc (TWTR) is being probed by the EU regulator in relation with a privacy breach notification it received from the San Francisco-based company. Twitter shares closed higher for a second consecutive trading session in New York on Friday. It has also been […] Read more

American Airlines shares gain the most in three weeks on Thursday, fourth-quarter earnings top estimates as higher fares, sound travel demand support

January 25, 2019 9:30 am
American Airlines Groups (AAL) fourth-quarter earnings, reported on Thursday, exceeded Wall Street estimates, supported by higher fares and sound demand for air travel. The airline also projects a stronger growth in its full-year EPS compared to a consensus of estimates. American Airlines shares closed higher for the fifth time in the past ten trading sessions […] Read more

Walmart shares gain the most in a week on Wednesday, Morgan Stanley upgrades stock to “Overweight”, raises price target

January 24, 2019 10:56 am
Yesterday Morgan Stanley raised its rating on Walmart Inc (WMT) from “Equal Weight” to “Overweight”, since it expects the US retailer to outperform its competitors over the upcoming several years. The Wall Street bank also revised up its price target on the stock from $107 to $110 due to “an unprecedented commitment to cost control,” […] Read more

Comcast shares gain the most in 155 weeks on Wednesday, fourth-quarter revenue, earnings top estimates as company loses fewer-than-expected video subscribers

January 24, 2019 8:42 am
Comcast Corps (CMCSA) fourth-quarter revenue and profit, reported on Wednesday, topped Wall Street estimates, since the US cable services provider lost fewer-than-anticipated video subscribers, while its revenue from broadcast television and theme parks rose. Comcast shares closed higher for the sixth time in the past nine trading sessions on NASDAQ on Wednesday. It has also […] Read more

Nike shares gain for a third straight session on Tuesday, Cowen upgrades stock to “Outperform”, raises price target

January 23, 2019 10:25 am
Shares of Nike Inc (NKE) registered an intraday high unseen in 15 weeks on Tuesday, after Cowen raised its rating on the stock from “Market Perform” to “Outperform”, as product innovation is expected to continue bolstering the athletic footwear and apparel manufacturers margin. The investment banking firm also revised up its price target on the […] Read more

Logitech shares gain for a second straight session on Tuesday, third-quarter results top estimates, full-year earnings forecast raised

January 23, 2019 8:09 am
Logitechs revenue and earnings for the third quarter of fiscal year 2019, reported on Monday, surged past Wall Street estimates. The company also raised its full-year earnings forecast. Logitech shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. The stock went up 0.78% ($0.26) to $33.70, after touching an intraday high […] Read more