September 10, 2018 8:54 am
Ford Motor Company (F) said on Friday that its total vehicle sales in China had registered a 36% annual drop in August to 62 683 units. At the same time, the companys year-to-date sales in the country shrank 27% compared to the same period of 2017 to 520 788 vehicles. Ford shares closed lower for […]
Read moreSeptember 9, 2018 11:39 am
Apple Inc will have to manufacture its products inside the United States in order to avoid tariffs on imports from China, US President Donald Trump said on Twitter on Saturday. Apple shares closed lower for a third consecutive trading session on NASDAQ on Friday. The stock went down 0.81% ($1.80) to $221.30, after touching an […]
Read moreSeptember 8, 2018 10:22 am
According to a report by the Wall Street Journal on Friday, citing sources with knowledge of the matter, Tim Armstrong, the current head of media and advertising at Verizon Communications Inc (VZ), is considering to part ways with the US company. Verizon shares closed lower for the fifth time in the past eleven trading sessions […]
Read moreSeptember 7, 2018 8:41 am
According to a report by the Wall Street Journal on Thursday, citing sources with knowledge of the matter, Wells Fargo & Companys (WFC) wholesale banking unit is being investigated by the US Justice Department in relation with possible fraudulent actions by employees, after claims emerged that Wells Fargo employees improperly made changes to client data. […]
Read moreSeptember 6, 2018 10:37 am
According to an announcement by Twenty-First Century Fox Inc (FOXA) on Wednesday, it has invested $100 million to acquire stakes in social broadcasting platform Caffeine and a newly formed venture Caffeine Studios. Fox shares closed lower for a second consecutive trading session on NASDAQ on Wednesday. The stock edged down 0.15% ($0.07) to $45.24, after […]
Read moreSeptember 5, 2018 10:15 am
According to a report by the British newspaper The Times, Ford Motor Company (F) intends to discontinue production of several of its auto models as a result of a planned operational restructuring, which the US company has already announced. Ford shares closed lower for a fourth consecutive trading session in New York on Tuesday. The […]
Read moreSeptember 5, 2018 7:34 am
According to a report by the Wall Street Journal earlier this week, in an attempt to respond to rising demand for single-aisle, fuel-efficient planes, Boeing Company (BA) has faced a peculiar issue – a lack of space where to store unfinished 737 jets at its facility near Seattle. One possible location in July was the […]
Read moreSeptember 4, 2018 9:17 am
According to a report by Electrek over the weekend, citing a source familiar with Tesla Inc’s production, the electric car maker did not manage to achieve its weekly production target of 6 000 Model 3 vehicles by the end of August. Tesla produced about 6 400 vehicles during the last seven days of August, 4 […]
Read moreSeptember 3, 2018 9:53 am
According to an announcement by Apple Inc last week, it is to host an event at the Steve Jobs Theater in Cupertino, California on September 12th. Analysts largely expect the tech giant to reveal new iPhone models at the event. Apple shares closed higher for a seventh consecutive trading session on NASDAQ on Friday. The […]
Read moreSeptember 3, 2018 7:59 am
United Continental Holdings Inc announced on Friday that it had raised fees on checked bags on routes to and from North America, Central America and the Caribbean amid higher fuel and other costs. United Air shares closed higher for the sixth time in the past eight trading sessions in New York on Friday. The stock […]
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