July 27, 2018 9:42 am
Comcast Corporations (CMCSA) second-quarter earnings, reported on Thursday, topped Wall Street estimates as the number of high-speed internet clients it managed to attract rose. Comcast shares closed higher for a second consecutive trading session on NASDAQ on Thursday. It has also been the sharpest daily surge since June 14th. The stock went up 3.98% ($1.33) […]
Read moreJuly 27, 2018 8:08 am
McDonald’s Corporations (MCD) second-quarter revenue and earnings, reported on Thursday, topped Wall Street estimates as stronger sales internationally offset a slowdown in the United States. McDonald’s shares closed lower for the fourth time in the past nine trading sessions in New York on Thursday. It has also been the steepest daily loss since June 27th. […]
Read moreJuly 26, 2018 10:55 am
Coca-Cola Companys (KO) second-quarter revenue and earnings, reported on Wednesday, outstripped Wall Street estimates, supported by higher demand for the recently introduced new flavors of the companys popular Diet Coke brand as well as its Zero Sugar brand. Coca-Cola shares closed higher for a second consecutive trading session in New York on Wednesday. It has […]
Read moreJuly 26, 2018 7:30 am
Boeing Companys (BA) second-quarter earnings, reported on Wednesday, exceeded Wall Street estimates, but results were clouded by a lower full-year operating margin forecast for the companys defense unit due to a more costly KC-46 aerial refueling tanker program. Boeing shares closed lower for the fourth time in the past ten trading sessions in New York […]
Read moreJuly 25, 2018 10:41 am
Verizon Communications Incs (VZ) second-quarter revenue and earnings, reported on Tuesday, outstripped Wall Street estimates, since the US wireless carrier managed to add more subscribers who pay a monthly bill on a net basis. Verizon shares closed higher for a second consecutive trading session in New York on Tuesday. It has also been the sharpest […]
Read moreJuly 25, 2018 8:40 am
According to an announcement by Nike Inc (NKE) earlier this week, 10% of its workforce, or about 7 500 employees, across all levels and locations would receive a wage raise after a global pay review by the company. The announcement comes two months after an investigation into workplace behavior was concluded and led to the […]
Read moreJuly 24, 2018 11:29 am
Approximately 600 000 square feet (or 56 000 square meters) of office space located in two buildings in King’s Cross in London has been acquired by Facebook Inc (FB), the company announced on Monday. This could make room for over 6 000 workstations, but however, the social media company did not provide details on how […]
Read moreJuly 24, 2018 8:23 am
Exxon Mobil Corporation (XOM) and its US-headquartered partner Hess Corp now expect to find 25% more recoverable resources than previously estimated in the Stabroek oil block offshore Guyana. Exxon Mobil shares closed flat at $81.40 in New York on Monday. The stock registered an intraday high at $82.00 and an intraday low at $81.18. Shares […]
Read moreJuly 23, 2018 10:01 am
Shares of General Electric Company (GE) retreated the most in two months on Friday, after the conglomerate pared its free cash flow target, which raised concerns over its full-year outlook. Still, the companys quarterly earnings per share dropped less than anticipated. General Electric shares closed lower for a second consecutive trading session in New York […]
Read moreJuly 23, 2018 7:27 am
AT&T Inc (T) announced on Friday that it intended to launch its next-generation wireless network at three more locations – Oklahoma City, Charlotte and Raleigh, North Carolina, by the end of 2018. Andre Fuetsch, the companys Chief Technology Officer, however, did not specify a date for the launch. AT&T shares closed lower for a fourth […]
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