November 3, 2020 10:38 am
AT&T Inc (T) said on Monday that it had finalized the sale of its wireless and wireline operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for $1.95 billion in cash. AT&T shares closed higher for a third consecutive trading session in New York on Monday. The stock went up 1.18% […]
Read moreNovember 2, 2020 8:20 am
Lowe’s Companies Inc (LOW) announced last Friday plans to hire 20,000 associates across its US stores and regional distributors, as it makes preparations to meet higher consumer demand during the holidays. Other retailers such as Walmart Inc, United Parcel Service and Dollar Tree have also said they will hire seasonal personnel in an attempt to […]
Read moreOctober 30, 2020 8:22 am
According to a report by Electrek on Thursday, citing a source with knowledge of the matter, Tesla Inc (TSLA) intends to open at least one new service center every week during next year. Currently, the auto maker operates 466 service centers across the globe, the same media reported. Tesla shares closed higher for the fourth […]
Read moreOctober 29, 2020 8:33 am
Mastercard Inc (MA) said on Wednesday that overall travel spending would probably not pick up anytime soon, as it reported a sharp drop in its third-quarter earnings. The company also said that cross-border volume recovery would depend on the timing and the availability of coronavirus vaccines. Mastercard shares closed lower for a fourth consecutive trading […]
Read moreOctober 28, 2020 10:32 am
According to a Tuesday report by Reuters, ByteDance-owned TikTok intends to hire nearly 3,000 engineers in Singapore, Canada and Europe during the upcoming three years. “To support our rapid global growth, we plan to continue expanding TikTok’s global engineering team, including adding approximately 3,000 engineers in Canada, Europe, Singapore, as well as the U.S., over […]
Read moreOctober 27, 2020 10:52 am
Facebook Inc (FB) announced on Monday the launch of a free-to-play cloud gaming feature on its social media platform, which will enable users to play games such as “WWE SuperCard” and “Asphalt 9: Legends” without the need to download them. Facebook shares closed lower for the sixth time in the past ten trading sessions on […]
Read moreOctober 26, 2020 10:38 am
American Express Co’s (AXP) third-quarter earnings, reported on Friday, fell short of analyst estimates, since its clients trimmed spending during the coronavirus-induced economic downturn. Shares of American Express Company closed lower for the sixth time in the past ten trading sessions in New York on Friday. It has also been the steepest single-session loss since […]
Read moreOctober 23, 2020 7:39 am
Southwest Airlines Company (NYSE: LUV) reported on Thursday its largest quarterly loss on record during the third quarter as a result of the COVID-19 pandemic. Still however, the company said its cash burn would be lower during the current quarter, since leisure bookings show signs of recovery. Shares of Southwest Airlines closed higher for the […]
Read moreOctober 22, 2020 9:50 am
Amazon.com Inc (AMZN) disclosed on Thursday a $100 million investment in the establishment of new warehouses in Mexico, as it seeks to ensure more rapid deliveries. The new sites actually include 2 fulfillment centers near the cities of Monterrey and Guadalajara and 1 support building in the State of Mexico. Amazon shares closed lower for […]
Read moreOctober 20, 2020 9:39 am
Tesla Inc (TSLA) said on Monday that it would begin to export Model 3 sedans produced in China to at least ten European countries, among which Germany, France, Switzerland and Italy, later in October. Tesla shares closed lower for a third consecutive trading session on NASDAQ on Monday. The stock went down 2.01% ($8.84) to […]
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