February 12, 2018 8:13 am
According to a statement by Bank of America Corporation (BAC) on Friday, CEO Brian Moynihan’s incentive compensation for the past year has been approved by the board. The CEO’s compensation is comprised of a base salary, time-based restricted stock units and performance-based restricted stock units, paid only if the group accomplishes particular financial objectives. Bank […]
Read moreFebruary 9, 2018 11:45 am
Shares of New York Times Company (NYT) touched highs not seen in almost 10 1/2 years during yesterdays trading session, as the companys fourth-quarter revenue and earnings exceeded Wall Street estimates, supported by growth in digital subscriptions. Shares of New York Times Company closed higher for the second time in the past five trading sessions […]
Read moreFebruary 9, 2018 8:29 am
CVS Health Corps (CVS) fourth-quarter revenue and earnings, reported on Thursday, outstripped market expectations. However, the company revised down its full-year 2018 operating profit forecast. The pharmacy benefits manager also said it would raise the hourly wage for its employees and offer a paid parental leave program by utilizing part of $1.2 billion in savings […]
Read moreFebruary 8, 2018 12:02 pm
According to the Information website, a subscription-based game streaming service is currently being under development by Google. It would be designed to operate either on Googles Chromecast or on its currently developed game console. Alphabet shares closed lower for the fourth time in the past six trading sessions on Wednesday. The stock went down 2.96% […]
Read moreFebruary 8, 2018 9:00 am
Canadas Prime Minister Justin Trudeau is expected to meet Jeff Bezos, Amazons Chief Executive Officer, today during his visit to three major US cities, which is aimed to provide more support for the currently re-negotiated North American Free Trade Agreement. The meeting will take place in San Francisco. Amazon shares closed lower for the third […]
Read moreFebruary 7, 2018 10:32 am
Boeing’s services unit, which is involved in jet maintenance, repair and overhaul, data analytics as well as pilot training, said on Tuesday it had inked deals worth almost $1 billion, as it aims to bolster its annual revenue to $50 billion over a period of at least five years. Boeing shares closed higher for the […]
Read moreFebruary 7, 2018 8:23 am
United Parcel said it intended to establish a new package operations center worth $41 million in El Paso, Texas in order to sustain commerce in the North America Borderplex. According to UPS, the strategic investment is to support business activity in an area across Texas, New Mexico and Ciudad Juarez, Mexico. United Parcel shares closed […]
Read moreFebruary 6, 2018 11:22 am
Qualcomm Incorporateds stock registered its worst daily performance in 14 weeks during yesterdays trading session following news that, according to KGI Securities, Apple Inc may replace Qualcomm with Intel as modem chip supplier for the upcoming generation of iPhones. The shares of Qualcomm Incorporated closed lower for a third consecutive trading session on Monday. It […]
Read moreFebruary 6, 2018 8:34 am
According to a senior executive from Boeing Company (BA), the US plane maker may be interested in participating in a bid for 88 fighter jets in Canada that are worth between CAD 15 billion and CAD 19 billion. Boeing is still reviewing the matter and has to express interest in the bid until Friday this […]
Read moreFebruary 5, 2018 11:56 am
According to a statement by Starbucks Corporation (SBUX) on Friday, it intends to hire 150 people for its first Italian store. The latter is expected to be a high-end Reserve Roastery, which will be launched in Milan during the autumn. Store visitors will be able to observe the entire process from coffee bean roasting to […]
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