August 20, 2018 9:33 am
Ford Motor Company (F) said on Friday that its total vehicle sales in Europe went up 1.7% to 101 800 units in July compared to the same month a year earlier, as growth was observed in 10 out of 20 traditional European markets. The auto maker said that vehicle sales in Spain (up 17.2%), France […]
Read moreAugust 20, 2018 7:56 am
According to a Friday report by Bloomberg, citing sources familiar with the matter, Goldman Sachs Group Inc is being investigated by UK’s Financial Conduct Authority (FCA) over its reporting practices associated with the new regulatory framework within the European Union. Goldman Sachs shares closed higher for a second consecutive trading session in New York on […]
Read moreAugust 17, 2018 10:00 am
Shares of Walmart Inc (WMT) rose at the largest daily rate in nine months yesterday, after the US retailer reported higher-than-anticipated quarterly sales and earnings, as traffic to its regular stores increased, while a renovated website supported on-line purchases. Walmart shares closed higher for the eighth time in the past eleven trading sessions in New […]
Read moreAugust 17, 2018 8:03 am
Supermarket operator Kroger Company (KR) announced on Thursday that it would begin tests of driverless grocery deliveries with its tech partner Nuro at one Fry’s Food Store located in Scottsdale, Arizona. The shares of Kroger Company closed higher for the fifth time in the past eight trading sessions in New York on Thursday. The stock […]
Read moreAugust 16, 2018 10:13 am
According to an announcement by Walmart Inc (WMT) on Wednesday, it intends to team up with comedian and talk show host Ellen DeGeneres in order to launch a women’s fashion line. In case the partnership turns out to be a success, the retailer could further its effort to reach more affluent, younger, millennial clients who […]
Read moreAugust 16, 2018 8:24 am
According to a Wednesday report by newspaper Valor Economico, citing Alexandre Barreto, the president of Brazils antitrust regulator Cade, the agency may initiate an investigation into Alphabets Google in relation with abuses in its cell phone operating system. Barreto said that Cades decision whether to formally investigate Google depends on the outcome of an evaluation, […]
Read moreAugust 15, 2018 8:38 am
A special three-member committee has reportedly been formed on Tuesday by Tesla Inc’s board in order to evaluate any proposal by CEO Elon Musk to take the electric car maker private. Tesla shares closed lower for the third time in the past six trading sessions on NASDAQ on Tuesday. The stock went down 2.46% ($8.77) […]
Read moreAugust 14, 2018 10:44 am
Advanced Micro Devices Inc (AMD) announced on Monday the launch of its second generation 32-core, 64-thread Ryzen Threadripper 2990WX processor, or the most powerful desktop processor worldwide. Shares of Advanced Micro Devices Inc closed higher for the fourth time in the past six trading sessions on NASDAQ on Monday. It has also been the sharpest […]
Read moreAugust 14, 2018 7:35 am
According to an announcement by Netflix Inc (NFLX) on Monday, after serving as the companys Chief Financial Officer for 8 years, David Wells is to step down. Netflix shares closed lower for a second consecutive trading session on NASDAQ on Monday. It has also been the steepest daily loss since July 30th. The stock went […]
Read moreAugust 13, 2018 10:12 am
According to a report by Reuters on Friday, Doug Field is to return to Apple Inc (AAPL), after spending the past 5 years at Tesla Inc. Field served as senior vice president of engineering at Tesla and left the auto maker in July. Apple shares closed lower for the second time in the past nine […]
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