August 22, 2018 7:39 am
Bank of America Merrill Lynch reportedly raised its price target on Apple Incs (AAPL) stock yesterday to $250 from $230 previously due to confidence in the companys efforts to achieve diversification of its mobile application offerings. Apple shares closed lower for a second consecutive trading session on NASDAQ on Tuesday. The stock edged down 0.19% […]
Read moreAugust 21, 2018 9:40 am
Shares of Nike Inc (NKE) rose the most in seven weeks yesterday, after two research and analysis firms upgraded the athletic footwear and apparel manufacturer, while also raising their price targets on its stock. Nike shares closed higher for the second time in the past seven trading sessions in New York on Monday. It has […]
Read moreAugust 21, 2018 7:53 am
JP Morgan Chase reportedly cut its price target on Tesla Inc (TSLA) to $195 from $308 previously, as the bank cited a lack of funding required for Elon Musks plan to take the electric vehicle maker private, which he had announced in a tweet less than two weeks ago. Tesla shares closed higher for the […]
Read moreAugust 20, 2018 9:33 am
Ford Motor Company (F) said on Friday that its total vehicle sales in Europe went up 1.7% to 101 800 units in July compared to the same month a year earlier, as growth was observed in 10 out of 20 traditional European markets. The auto maker said that vehicle sales in Spain (up 17.2%), France […]
Read moreAugust 20, 2018 7:56 am
According to a Friday report by Bloomberg, citing sources familiar with the matter, Goldman Sachs Group Inc is being investigated by UK’s Financial Conduct Authority (FCA) over its reporting practices associated with the new regulatory framework within the European Union. Goldman Sachs shares closed higher for a second consecutive trading session in New York on […]
Read moreAugust 17, 2018 10:00 am
Shares of Walmart Inc (WMT) rose at the largest daily rate in nine months yesterday, after the US retailer reported higher-than-anticipated quarterly sales and earnings, as traffic to its regular stores increased, while a renovated website supported on-line purchases. Walmart shares closed higher for the eighth time in the past eleven trading sessions in New […]
Read moreAugust 17, 2018 8:03 am
Supermarket operator Kroger Company (KR) announced on Thursday that it would begin tests of driverless grocery deliveries with its tech partner Nuro at one Fry’s Food Store located in Scottsdale, Arizona. The shares of Kroger Company closed higher for the fifth time in the past eight trading sessions in New York on Thursday. The stock […]
Read moreAugust 16, 2018 10:13 am
According to an announcement by Walmart Inc (WMT) on Wednesday, it intends to team up with comedian and talk show host Ellen DeGeneres in order to launch a women’s fashion line. In case the partnership turns out to be a success, the retailer could further its effort to reach more affluent, younger, millennial clients who […]
Read moreAugust 16, 2018 8:24 am
According to a Wednesday report by newspaper Valor Economico, citing Alexandre Barreto, the president of Brazils antitrust regulator Cade, the agency may initiate an investigation into Alphabets Google in relation with abuses in its cell phone operating system. Barreto said that Cades decision whether to formally investigate Google depends on the outcome of an evaluation, […]
Read moreAugust 15, 2018 8:38 am
A special three-member committee has reportedly been formed on Tuesday by Tesla Inc’s board in order to evaluate any proposal by CEO Elon Musk to take the electric car maker private. Tesla shares closed lower for the third time in the past six trading sessions on NASDAQ on Tuesday. The stock went down 2.46% ($8.77) […]
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