November 15, 2017 10:47 am
Shares of Home Depot hit their highest price level on record at the close yesterday, after the company reported strong sales during the third quarter of fiscal 2017 and also raised its full-year forecast. Home Depot shares closed higher for a third consecutive trading session on Tuesday. It has also been the sharpest daily surge […]
Read moreNovember 15, 2017 8:52 am
According to a statement by Marty Chavez, Goldman Sachs Groups Chief Financial Officer, on Tuesday, the value of the banks new consumer loans may reach $13 billion during the upcoming three years through its Marcus on-line lending business. Goldman Sachs shares closed lower for the sixth time in the past eight trading sessions on Tuesday. […]
Read moreNovember 14, 2017 10:53 am
Qualcomm Inc was reported to have rebuffed a $103-billion takeover bid by rival Broadcom on Monday, while noting in a statement that such an offer considerably undervalued it. The bid emerges at a time, when Qualcomm is attempting to finalize its pending acquisition of automotive chip maker NXP Semiconductors NV for $38 billion. The shares […]
Read moreNovember 14, 2017 8:40 am
Shares of General Electric Company (GE) plummeted at a daily rate unseen since April 2009 on Monday, following the announcement of disappointing 2018 earnings guidance and plans to reduce dividend by 50% to $0.12 per share. General Electric shares closed lower for the 13th time in the past 16 trading sessions on Monday. It has […]
Read moreNovember 13, 2017 10:38 am
During the Dubai Airshow this weekend Boeing representatives sought to ease concerns over slowing growth of airlines in the Gulf and also played down the impact of rising political tensions in the area. Boeing shares closed lower for a third consecutive trading session on Friday. The stock went down 0.70% ($1.85) to $260.85, with the […]
Read moreNovember 13, 2017 9:33 am
According to a report by El Cronista newspaper on Friday, Coca-Cola Company (KO) is considering the withdrawal of part of its $1-billion investment in Argentina, as the countrys government intends to propose a tax raise on soft drinks. The proposal is to be presented to Congress today. Coca-Cola shares closed higher for a fourth consecutive […]
Read moreNovember 13, 2017 8:26 am
According to a report by Reuters, Amazons job advertisements brought to life speculation that the tech giant might soon expand its operations in product insurance on the European continent. Amazon shares closed lower for a second consecutive trading session on Friday. The stock edged down 0.33% ($3.78) to $1,125.35, with the intraday high and the […]
Read moreNovember 10, 2017 12:11 pm
Macys Incs third-quarter adjusted earnings, reported on Thursday, outstripped market expectations. However, its comparable sales fell at a steeper rate than anticipated due to lower foot traffic and fierce competition from on-line operators. Macys also reaffirmed its full-year 2017 guidance, which it had provided previously. Macy’s shares closed higher for a second consecutive trading session […]
Read moreNovember 10, 2017 8:43 am
At a drive event hosted by RBC, Tesla Incs Model 3 received predominantly positive feedback. According to Joseph Spak of RBC, the vehicle felt “like a smaller version of the Model S, but with a fresh view”. Tesla shares closed lower for a second consecutive trading session on Thursday. The stock went down 0.46% ($1.40) […]
Read moreNovember 9, 2017 12:20 pm
Three aviation and engine deals worth $3.5 billion were reportedly signed between General Electric Company (GE) and its partners in China during US President Trumps visit to Beijing today. General Electric shares closed lower for the 11th time in the past 13 trading sessions on Wednesday. The stock went down 0.45% ($0.09) to $20.12, after […]
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