December 15, 2020 8:57 am
Exxon Mobil Corp (XOM) announced on Monday plans to reduce its greenhouse gas emissions over a five-year period in an attempt to contribute to the objectives of the Paris Agreement. Exxon Mobil shares closed lower for a second consecutive trading session in New York on Monday. It has also been the steepest single-session loss since […]
Read moreDecember 14, 2020 9:21 am
According to a report by the Nikkei newspaper, Lockheed Martin Corp (LMT) will participate in a project, led by Mitsubishi Heavy Industries and aimed to develop a new fighter jet. The aircraft will be put to service by the Japanese air force by the mid-2030s. Lockheed Martin shares closed higher for the fourth time in […]
Read moreDecember 11, 2020 8:31 am
Walmart Inc (WMT) announced on Thursday plans to increase annual exports of India-made goods three-fold to $10 billion by 2027. Walmart shares closed lower for a second consecutive trading session in New York on Thursday. The stock went down 0.47% ($0.69) to $147.04, after touching an intraday low at $146.58, or a price level not […]
Read moreDecember 10, 2020 8:34 am
Daniel Ives, an analyst at Wedbush, revised up his 12-month price target on Apple Inc (AAPL) from $150 to $160 and assigned a Street-high bull case target of $200, as he cited the strongest iPhone trajectory since 2014. Wedbush also maintained an “Outperform” rating on the stock. Apple shares closed lower for the third time […]
Read moreDecember 9, 2020 9:01 am
UBS raised its 12-month price target on FedEx Corp (FDX) from $320 to a Street-high level of $380, as the bank is confident that the shipping company will outstrip a consensus of estimates when it reports results on December 17th. The median estimate by analysts points to earnings per share of $3.81. FedEx shares closed […]
Read moreDecember 8, 2020 9:39 am
According to a report by Reuters, citing two sources familiar with the matter, J.P. Morgan Chase (JPM) has appointed UBS banker Peihao Huang as the co-head of its Equity Capital Markets (ECM) business in Asia, excluding Japan. J.P. Morgan Chase shares closed lower for the fifth time in the past ten trading sessions in New […]
Read moreDecember 7, 2020 8:45 am
According to Tesla Inc’s first US diversity report, black employees occupy only 4% of the company’s US leadership roles and account for 10% of its total US workforce. Tesla shares closed higher for a second consecutive trading session on NASDAQ on Friday. The stock went up 0.95% ($5.66) to $599.04. The latter also was the […]
Read moreDecember 4, 2020 8:45 am
Delta Air Lines Inc (DAL) said on Thursday that it forecast a cash burn rate within the range of $12 million to $14 million per day during the fourth quarter amid slowing demand for air travel and surging new COVID-19 infections. Delta Air shares closed higher for a second consecutive trading session in New York […]
Read moreDecember 3, 2020 8:37 am
Ford Motor Co (F) reported on Wednesday a 20.9% year-on-year slump in its total vehicle sales in the United States to 149,931 units in November. Last month Ford’s truck sales plummeted 20.9% year-on-year to 78,630 units, car sales plunged 39.1% year-on-year to 11,037 units, while sales of SUVs went down 16.4% year-on-year to 60,264 vehicles. […]
Read moreDecember 2, 2020 8:34 am
Kohl’s Corp (KSS) said on Tuesday that it had inked a long-term strategic partnership with Sephora, under which 850 Sephora shops will be opened inside Kohl’s own sites by 2023. Kohl’s shares closed higher for the sixth time in the past ten trading sessions in New York on Tuesday. It has also been the sharpest […]
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