November 7, 2018 11:15 am
Wells Fargo was reported to have revised down its rating on Western Union to “Market Perform” from “Outperform” previously. The banks team of analysts also cut their price target on the stock from $28 to $20, citing downward revisions of Western Unions EPS forecasts for 2018 and 2019. Western Union shares closed higher for a […]
Read moreNovember 7, 2018 9:15 am
CVS Health Corp’s quarterly revenue and earnings, reported on Tuesday, topped Wall Street estimates, supported by strong prescription drug sales. CVS shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge since December 20th 2011. The stock went up 5.71% ($4.21) to $77.90, […]
Read moreNovember 6, 2018 11:32 am
Home improvement retailer Lowe’s Companies Inc announced on Monday that it planned to close 31 underperforming stores in Canada and 20 stores in the United States in relation with restructuring efforts. Shares of Lowe’s Companies Inc closed higher for the fifth time in the past fourteen trading sessions in New York on Monday. The stock […]
Read moreNovember 6, 2018 8:20 am
Verizon Communications Inc (VZ) revealed on Monday plans to reorganize its business operations into three segments: Business, Consumer and Verizon Media Group/Oath. Verizon shares closed higher for a second consecutive trading session in New York on Monday. The stock went up 1.02% ($0.58) to $57.21, after touching an intraday high at $57.44, or a price […]
Read moreNovember 5, 2018 8:52 am
According to a Saturday report by Hong Kong-based industry research firm Counterpoint, iPhone sales in India are expected to shrink by nearly 25% during the fourth quarter, which would mark their first full-year slump in four years. Apple shares closed lower for the fourth time in the past eleven trading sessions on NASDAQ on Friday. […]
Read moreNovember 4, 2018 3:34 pm
Chevron Corp’s (CVX) quarterly earnings, reported on Friday, far exceeded Wall Street estimates, supported by growth in the company’s oil and gas production. A 44% jump in crude oil prices offset a slump in profit from Chevron’s downstream business last quarter. Chevron shares closed higher for the fourth time in the past ten trading sessions […]
Read moreNovember 2, 2018 10:40 am
Ford Motor Company (F) said on Thursday that its total vehicle sales in the United States had registered a 3.9% annual drop in October to 192 616 units. That compares with a 5.0% sales drop expected by Edmunds. At the same time, the company’s year-to-date sales in the country shrank 2.5% compared to the same […]
Read moreNovember 2, 2018 8:44 am
Yesterday, in a string of posts on Twitter, Tesla Incs CEO Elon Musk said that an upgrade to the companys “Summon” auto-parking feature was expected to be made ready in six weeks. The feature will now enable Tesla vehicles to drive throughout a parking area, read parking signs as well as find a vacant spot. […]
Read moreNovember 1, 2018 8:31 am
General Motors Companys (GM) quarterly earnings, reported on Wednesday, easily topped Wall Street estimates, supported by strong demand in North America. The auto maker also said it now expected full-year profit to come in at the high end of its forecast. General Motors shares closed higher for a fifth consecutive trading session in New York […]
Read moreOctober 31, 2018 10:29 am
During a media briefing on Tuesday, Walmart Inc (WMT) announced that its customers would now be able to checkout faster at stores and navigate more easily by using digital maps showing the exact item locations. This has been Walmarts latest move intended to lure shoppers to spend more during the upcoming holiday season. Walmart shares […]
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