July 20, 2018 10:29 am
According to an announcement by Hawaiian Airlines on Thursday, it intends to purchase ten 787-9 wide-body jets from Boeing Company (BA) and take advantage of purchase rights for up to 10 additional 787s, as it seeks to offer clients new destinations to Asia. Boeing shares closed lower for the first time in the past six […]
Read moreJuly 20, 2018 7:39 am
Shares of Tesla Inc (TSLA) retreated over 1% on Thursday after Needham & Co reportedly cut its rating on the stock from “Hold” to “Underperform”, as the firm cited a possible increase in Model 3 cancellations, slower sales of the auto makers Model S and X, margin pressure as well as more intense competition. Tesla […]
Read moreJuly 19, 2018 10:48 am
Over 100 million products were sold globally during Amazon.com Incs Prime Day event, regardless of technical glitches on Amazons mobile app and websites that disrupted order placement by customers, the company announced on Wednesday. Accessible only to members of Amazons Prime subscription service in 17 countries, this years Prime Day event began on July 16th […]
Read moreJuly 19, 2018 8:04 am
A deal for one hundred 737 MAX airplanes has been signed between Boeing Company (BA) and Vietnam’s first privately owned airline, VietJet Air, as the latter seeks to respond to rising demand on high-dense local routes and popular routes throughout Asia. Estimated at approximately $13 billion at list prices, the provisional order was inked at […]
Read moreJuly 18, 2018 9:53 am
Johnson & Johnsons (JNJ) second-quarter revenue and earnings, reported on Tuesday, outstripped Wall Street estimates, as strong sales of the companys Zytiga and Darzalex cancer drugs more than offset a drop in sales of the popular Remicade drug. Johnson & Johnson shares closed higher for the eighth time in the past eleven trading sessions in […]
Read moreJuly 18, 2018 7:32 am
Goldman Sachs Group Incs (GS) second-quarter earnings, reported on Tuesday, exceeded market expectations due to strength in investment banking as well as in fixed income trading. Goldman Sachs shares closed lower for the fourth time in the past nine trading sessions in New York on Tuesday. The stock edged down 0.18% ($0.42) to $231.02, after […]
Read moreJuly 17, 2018 9:24 am
According to an announcement by United Continental Holdings Inc (UAL) on Monday, the air carrier intends to purchase four new 787-9 wide-body jets from Boeing Company (BA), as it seeks to bolster the efficiency of its fleet. The third-largest US airline said it expected to have the aircraft delivered in 2020. United Air shares closed […]
Read moreJuly 17, 2018 7:28 am
Bank of America Corps second-quarter earnings, reported on Monday, surpassed market expectations, supported by sound loan growth, lower expenditures and a macroeconomic environment of lower corporate tax rates and higher interest rates. Bank of America shares closed higher for the fifth time in the past eight trading sessions in New York on Monday. It has […]
Read moreJuly 16, 2018 8:32 am
JP Morgan Chase & Cos (JPM) second-quarter earnings, reported on Friday, outstripped market expectations, since the groups trading revenue turned out to be much stronger than anticipated, while an expanding US economy bolstered demand for loans. JP Morgan Chase shares closed lower for the third time in the past seven trading sessions in New York […]
Read moreJuly 15, 2018 11:14 am
According to a statement by Boeing Company (BA) on Friday, the plane maker expects to take a charge of $124 million (or $0.21 per share) during the second fiscal quarter, which is associated with the sale of production facilities to Spirit Aerosystems. Boeing shares closed higher for a second consecutive trading session in New York […]
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