March 29, 2018 7:21 am
In a report published on Wednesday, HSBC upgraded AT&T to “Buy” from “Hold” previously, while analyst Sunil Rajgopal revised up the price target on the stock from $38 to $41. AT&T shares closed higher for a second consecutive trading session on Wednesday. It has also been the sharpest daily surge since February 26th. The stock […]
Read moreMarch 28, 2018 9:34 am
During an education event in Chicago on Tuesday, Apple Inc announced a new 9.7-inch iPad that supports Apple Pencil and is aimed to expand the companys positions in the US education market. However, despite intense competition from cheaper devices, the existing starting price of the new iPad was kept at $299 for students and at […]
Read moreMarch 28, 2018 7:00 am
According to a report by Reuters, citing a person with knowledge of the matter, Amazon.com Inc and Casino Guichard Perrachon SA are currently in negotiations over a potential partnership or sale of the French retailer’s appliance and electronics chain in Brazil. Negotiations come after an agreement between the two entities, which involves the sale of […]
Read moreMarch 27, 2018 9:45 am
Boeing Company (BA) was reported to have delivered its first 787-10 jet to Singapore Airlines over the weekend. Goh Choon Phong, the airlines Chief Executive Officer, received the ceremonial key to the jet on the tarmac at Boeing’s facility in South Carolina where the carbon composite aircraft is manufactured. Boeing shares closed higher for a […]
Read moreMarch 27, 2018 7:21 am
According to a recent statement by Twitter Inc, the majority of advertisements associated with digital currencies are to be banned on its platform. Twitters decision follows a similar move by Facebook in February and an announcement by Google earlier in March that a ban on cryptocurrency ads is to take effect in June. Twitter shares […]
Read moreMarch 27, 2018 6:49 am
The London Stock Exchange has a long and successful history behind it and today is one of the most respected and successful exchanges in the world. In fact, its origins go back as far as the reign of Queen Elizabeth I who opened the so-called Royal Exchange in 1571. At the time of its opening […]
Read moreMarch 26, 2018 9:47 am
A regulatory filing by Goldman Sachs Group Inc (GS) revealed that total compensation for the banks Chief Executive Officer, Lloyd Blankfein, increased 9% in 2017, despite that a sharp drop in the groups trading revenue had almost halved its net income for the same period. Goldman Sachs shares closed lower for a third consecutive trading […]
Read moreMarch 26, 2018 7:41 am
According to a Friday report by Reuters, Ireland assigned Goldman Sachs Asset Management, BlackRock Investment Management and Amundi to oversee EUR 15 billion in disputed taxes, which the country had collected from Apple Inc (AAPL). Earlier this month, the Irish finance department announced that Bank of New York Mellon had been selected to administer an […]
Read moreMarch 23, 2018 10:44 am
An agreement has been inked between Ford Motor Company (F) and Indias Mahindra & Mahindra Ltd over development of mid-size and compact sports utility vehicles, a Thursday joint statement by the two entities revealed. The Ford-Mahindra cooperation is expected to continue for up to three years, the companies said. Ford shares closed lower for the […]
Read moreMarch 23, 2018 8:47 am
According to a person with knowledge of the matter, Morgan Stanley intends to boost its headcount in Paris by 80, after Britain parts ways with the European Union. Additionally, up to 200 staff will be transferred to the banks hub in Frankfurt. Morgan Stanley shares closed lower for a second consecutive trading session on Thursday. […]
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