January 30, 2019 8:32 am
According to a statement by Israel’s Finance Minister Moshe Kahlon on Tuesday, Intel Corporation (INTC) is to receive a $1 billion state grant for its most recent investment plan that envisages expansion of chip manufacturing operations in the Middle Eastern country. Earlier this week, the tech giant informed the Israeli Finance Minister that it planned […]
Read moreJanuary 29, 2019 9:13 am
Caterpillar Incs (CAT) fourth-quarter earnings and full-year 2019 earnings forecast fell short of Wall Street estimates on Monday as a slowdown in the companys construction business in China weighed on results. Caterpillar shares closed lower for the sixth time in the past eleven trading sessions in New York on Monday. It has also been the […]
Read moreJanuary 28, 2019 10:01 am
According to a statement by Ireland’s Data Protection Commissioner (DPC) on Friday, Twitter Inc (TWTR) is being probed by the EU regulator in relation with a privacy breach notification it received from the San Francisco-based company. Twitter shares closed higher for a second consecutive trading session in New York on Friday. It has also been […]
Read moreJanuary 28, 2019 8:39 am
According to a report by CNBC last week, citing sources with knowledge of the matter, over 200 employees from Apple Incs (AAPL) autonomous vehicle group, also known as Project Titan, have been dismissed. Apple shares closed higher for the sixth time in the past ten trading sessions on NASDAQ on Friday. It has also been […]
Read moreJanuary 25, 2019 9:30 am
American Airlines Groups (AAL) fourth-quarter earnings, reported on Thursday, exceeded Wall Street estimates, supported by higher fares and sound demand for air travel. The airline also projects a stronger growth in its full-year EPS compared to a consensus of estimates. American Airlines shares closed higher for the fifth time in the past ten trading sessions […]
Read moreJanuary 24, 2019 10:56 am
Yesterday Morgan Stanley raised its rating on Walmart Inc (WMT) from “Equal Weight” to “Overweight”, since it expects the US retailer to outperform its competitors over the upcoming several years. The Wall Street bank also revised up its price target on the stock from $107 to $110 due to “an unprecedented commitment to cost control,” […]
Read moreJanuary 24, 2019 8:42 am
Comcast Corps (CMCSA) fourth-quarter revenue and profit, reported on Wednesday, topped Wall Street estimates, since the US cable services provider lost fewer-than-anticipated video subscribers, while its revenue from broadcast television and theme parks rose. Comcast shares closed higher for the sixth time in the past nine trading sessions on NASDAQ on Wednesday. It has also […]
Read moreJanuary 23, 2019 10:25 am
Shares of Nike Inc (NKE) registered an intraday high unseen in 15 weeks on Tuesday, after Cowen raised its rating on the stock from “Market Perform” to “Outperform”, as product innovation is expected to continue bolstering the athletic footwear and apparel manufacturers margin. The investment banking firm also revised up its price target on the […]
Read moreJanuary 23, 2019 8:09 am
Logitechs revenue and earnings for the third quarter of fiscal year 2019, reported on Monday, surged past Wall Street estimates. The company also raised its full-year earnings forecast. Logitech shares closed higher for a second consecutive trading session on NASDAQ on Tuesday. The stock went up 0.78% ($0.26) to $33.70, after touching an intraday high […]
Read moreJanuary 22, 2019 9:33 am
Last week Citigroup Inc (C) disclosed that its female employees were paid 29% less than men on a global median basis. Citigroup shares closed higher for an eighth consecutive trading session in New York on Friday. The stock went up 1.04% ($0.65) to $63.12, after touching an intraday high at $63.19, or a price level […]
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