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United Parcel shares fall for a seventh straight session on Tuesday, company plans a new package operations center in Texas

February 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 more

Qualcomm shares fall the most in 14 weeks on Monday on news Apple may choose Intel as modem chip supplier

February 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 more

Apple shares fall the most since late April 2016 on Friday due to worries over weaker-than-expected second-quarter revenue guidance

February 5, 2018 7:57 am
Apple Incs announcement to return cash to shareholders seemed to have done little to soothe market players, as the latter put more weight on the tech giants weaker-than-anticipated second-quarter revenue guidance. Apple shares closed lower for the fifth time in the past eight trading sessions on Friday. It has also been the steepest daily loss […] Read more

Time Warner shares gain the most in six weeks on Thursday as “Justice League” success boosts fourth-quarter revenue, earnings

February 2, 2018 11:44 am
Time Warner Incs (TWX) fourth-quarter revenue and profit, reported on Thursday, exceeded market expectations, while drawing support from the success of the latest DC Comics-based movie “Justice League” featuring US actor Ben Affleck and actress Gal Gadot of Israel. Time Warner shares closed higher for a second consecutive trading session on Thursday. It has also […] Read more

Boeing shares touch a fresh all-time high on Wednesday as the company expects exceptionally strong jet deliveries, earnings this year

February 1, 2018 10:54 am
Boeing Company (BA) said on Wednesday that it projects a significant increase in its full-year 2018 earnings as well as in its full-year jet deliveries. The company also reported quarterly core earnings almost two times higher compared to a year ago. Boeing shares closed higher for the third time in the past five trading sessions […] Read more