June 4, 2019 6:42 am
According to a Monday report by the Wall Street Journal, citing sources with knowledge of the matter, Goldman Sachs Group Inc’s merchant banking division intends to acquire Capital Vision Services LP in a deal estimated at $2.7 billion with the inclusion of debt. Goldman Sachs shares closed higher for the third time in the past […]
Read moreJune 3, 2019 8:06 am
Shares of Nucor Corp plunged to lows not seen in 135 weeks on Friday after Bank of America Merrill Lynch double downgraded the stock from ”Buy” to ”Underperform”, as it cited lower short-term steel prices, especially for products such as sheet and rebar. The brokerage also revised down its 12-month price target on the stock […]
Read moreMay 31, 2019 9:47 am
Shares of Dollar Tree Inc (DLTR) registered their largest single-session gain in 12 weeks on Thursday, after the company reported higher-than-anticipated revenue and earnings that came in line with Wall Street estimates during the first quarter. However, quarterly same-store sales at Dollar Tree stores fell short of estimates. Dollar Tree shares closed higher for the […]
Read moreMay 31, 2019 6:56 am
In a new blog post describing functions and guidelines, Apple Inc (AAPL) earlier this week publicly defended its App Store against intensifying criticism in relation to how the tech giant treats competitors. Apple shares closed higher for the fourth time in the past fifteen trading sessions on NASDAQ on Thursday. The stock went up 0.52% […]
Read moreMay 30, 2019 9:20 am
It may take time until August before Boeing Cos 737 MAX is put again in service, the head of the International Air Transport Association (IATA) said on Wednesday. Boeing shares closed lower for a second consecutive trading session in New York on Wednesday. It has also been the steepest daily loss since May 13th. The […]
Read moreMay 30, 2019 6:42 am
Three new executives have been appointed to Goldman Sachs Groups (GS) management committee – Todd Leland and James Paradise, the co-presidents of Goldmans Asia Pacific operations, excluding Japan, and Beth Hammack, Goldmans global treasurer, a memo sent by the banks top management revealed. Goldman Sachs shares closed lower for a second consecutive trading session in […]
Read moreMay 29, 2019 8:08 am
According to a Tuesday report by Bloomberg, citing sources with knowledge of the matter, Tesla Inc (TSLA) is considering to price its Model 3 vehicles produced in China between CNY 300 000 and CNY 350 000 (or between $43 402 and $50 636*) before subsidies. Tesla shares closed lower for a second consecutive trading session […]
Read moreMay 28, 2019 9:27 am
Last week United Continental Holdings Inc (UAL) said that its 14 Boeing 737 MAX planes would be taken off its schedule for one more month, through August 3rd. This will lead to the cancellation of another 1 290 flights, the air carrier warned. United Air shares closed lower for a third consecutive trading session on […]
Read moreMay 28, 2019 7:13 am
According to a Monday report by Reuters, Alphabet Incs Google intends to establish a new data center in Hamina, Finland. The tech company said it would invest nearly EUR 600 million in the project. Alphabet shares closed lower for a second consecutive trading session on NASDAQ on Friday. The stock went down 0.64% ($7.30) to […]
Read moreMay 27, 2019 9:38 am
Goldman Sachs said its estimated probability of a no-deal Brexit was now 15%, up from 10% previously, after British Prime Minister Theresa May announced her resignation in London on Friday. May said she intended to step down as the leader of the Conservative Party on June 7th. Goldman Sachs shares closed higher for the seventh […]
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