November 29, 2017 10:49 am
BlackRock Inc (BLK) is to acquire the asset management unit of Mexico’s Citibanamex, a statement by the worlds largest asset manager made clear. Under the agreement, BlackRock will be able to provide asset management solutions to customers of Citibanamex in Mexico. Citibanamex is a subsidiary of Citigroup Inc. BlackRock shares closed higher for a third […]
Read moreNovember 29, 2017 8:23 am
Amazon.com Inc is viewed as a “potential customer” amid continuing boom in e-commerce and rising demand for freight and transport, the head of Textron Incs aviation business said for CNBC yesterday. Amazon shares closed lower for the fourth time in the past eleven trading sessions on Tuesday. The stock edged down 0.19% ($2.23) to $1,193.60, […]
Read moreNovember 28, 2017 10:56 am
Intel Corporation (INTC) reportedly extended partnership with GE Healthcare, which is aimed to improve patient care via cloud solutions. Both entities also intend to invest in the Joint Performance Acceleration Lab in Chicago, where a number of GE Healthcare Imaging hardware and software solutions are to be developed, tested and validated. Intel shares closed lower […]
Read moreNovember 28, 2017 8:38 am
UBS was reported to have revised down its forecast on Apples iPhone unit sales growth for 2018 to 10% from 12% previously. The group, on the other hand, maintained a “Buy” rating and a $190 price target for the stock. Apple shares closed lower for the first time in the past four trading sessions on […]
Read moreNovember 27, 2017 10:55 am
JP Morgan Chase & Co (JPM) reportedly extended its rented office space in Germanys financial centre, Frankfurt, in a response to Britains exit from the EU. JP Morgan Chase shares closed lower for a third consecutive trading session on Friday. The stock edged down 0.32% ($0.32) to $98.32, after touching an intraday low at $98.26, […]
Read moreNovember 27, 2017 8:22 am
According to Macy’s Inc (M), processing of payments via some credit and gift cards took more time than usual in the companys stores on Black Friday, a situation which led to a series of complaints by customers on Twitter. Most of the complaints cited faulty credit card machines in traditional stores as well as issues […]
Read moreNovember 24, 2017 11:10 am
According to a statement by Fiat Chrysler Automobiles NV on Thursday, 1 200 Jeep Compass sports utility vehicles, sold in India, are to be recalled, so that the front passenger air bag can be replaced. As of 10:52 GMT on Friday the shares of Fiat Chrysler were gaining 0.13% (EUR 0.020) on the day to […]
Read moreNovember 24, 2017 8:56 am
Personnel at Amazon.com Incs (AMZN) main hub in Italy intend to go on strike for the first time ever on Friday along with workers at six Amazon warehouses in Germany, according to trade unions. Amazon shares closed higher for a second consecutive trading session on Wednesday. It has also been the sharpest daily surge since […]
Read moreNovember 23, 2017 11:05 am
According to a report by industry consultant and car shopping website Edmunds on Wednesday, 1 422 212 new automobiles and trucks are expected to be sold in the United States during the current month, boosted by Black Friday deals, which would bring the Seasonally Adjusted Annual Rate (SAAR) up to 17.8 million vehicles. Novembers forecast […]
Read moreNovember 23, 2017 9:25 am
A small number of students have been working overtime at Apple Incs facility in China, which violated domestic labor legislation, the tech giant said on Wednesday. The students worked by choice for over 11 hours per day as part of an internship program at a factory under the management of Hon Hai Precision Co Ltd. […]
Read more