October 31, 2018 8:57 am
Coca-Cola Companys (KO) quarterly earnings and revenue, reported on Tuesday, exceeded Wall Street estimates, supported by stronger demand for its sugar-free sodas and premium waters. Coca-Cola shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest daily surge since February 10th 2015. The stock went […]
Read moreOctober 30, 2018 10:42 am
Fords stock could generate a 40% return for investors during the year ahead, since the US auto manufacturer seeks to reorganize its business and to improve its bottom line, according to Goldman Sachs. Ford shares closed higher for the third time in the past ten trading sessions in New York on Monday. The stock went […]
Read moreOctober 30, 2018 8:32 am
Jefferies began covering Apple Incs (AAPL) stock with a “Buy” rating and a price target of $265 on Monday. The firm highlighted that Apple could establish a “massive” services business by using the foundations of its essential iPhone business. Apple shares closed lower for a second consecutive trading session on NASDAQ on Monday. It has […]
Read moreOctober 29, 2018 10:26 am
Shares of Snap Inc (SNAP) registered their largest single-session drop in nearly six months on Friday, after the company reported its second consecutive quarter of user losses and said it projected a further drop in user numbers. According to Reuters, Snaps app redesign continued to affect the number of daily active users, especially in the […]
Read moreOctober 29, 2018 8:56 am
European Unions antitrust regulators have approved Sony Corps proposal to take complete control of EMI Music Publishing. The deal, valued at $2.3 billion, is to make the Japanese company the largest music publisher internationally. Shares of Sony Corp closed lower for the fifth time in the past ten trading sessions in New York on Friday. […]
Read moreOctober 26, 2018 10:07 am
Tesla Inc surprised market players on Thursday with strong quarterly earnings and its ability to generate free cash flow. Some analysts on Wall Street even stated that they did not see a need for Tesla to raise capital in short term in order to support production of its Model 3. Tesla shares closed higher for […]
Read moreOctober 26, 2018 7:46 am
American Airlines Groups (AAL) adjusted quarterly earnings, reported on Thursday, came in line with market expectations. However, unadjusted earnings were sharply lower compared to a year ago, as rising fuel costs and the impact from Hurricane Florence in September weighed. American Airlines shares closed higher for the sixth time in the past nine trading sessions […]
Read moreOctober 25, 2018 9:35 am
Boeing Cos quarterly earnings, reported on Wednesday, topped Wall Street estimates as the plane maker continued to benefit from rising demand for jets as well as booming international air travel. Boeing shares closed higher for the first time in the past six trading sessions in New York on Wednesday. The stock went up 1.31% ($4.60) […]
Read moreOctober 25, 2018 7:07 am
Verizon Communications Incs quarterly revenue and earnings, reported on Tuesday, outstripped market expectations, as the company registered a stronger-than-anticipated phone subscriber growth, which triggered a 4% surge in its shares in New York on the day. Verizon shares closed higher for a seventh consecutive trading session in New York on Wednesday. The stock went up […]
Read moreOctober 24, 2018 8:46 am
Lockheed Martin Corporations (LMT) quarterly earnings, reported on Tuesday, topped Wall Street estimates, supported by strong sales growth in aeronautics. Lockheed Martin shares closed lower for a second consecutive trading session in New York on Tuesday. It has also been the steepest daily loss since October 11th. The stock went down 1.66% ($5.43) to $321.35, […]
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