September 12, 2017 7:25 am
The second-largest airline in the United States by passenger traffic, Delta Air Lines Inc (DAL), said that 800 flights were to be canceled on September 11th, as the Hurricane Irma is expected to reach the Atlanta airport. Categorized as one of the fiercest hurricanes registered in the Atlantic, Irma has already hit Florida with winds […]
Read moreSeptember 11, 2017 9:54 am
According to documents released on September 11th, cited by Reuters, CBS Corporation (CBS) is expected to pay $162 million in cash for the acquisition of Australian broadcaster Ten Network Holdings. CBS shares closed lower for a fourth consecutive trading session on Friday. The stock went down 1.79% ($1.08) to $59.42, after touching an intraday low […]
Read moreSeptember 10, 2017 10:42 am
Comcast reportedly closed its parks in Florida as well, following Walt Disneys example, as Hurricane Irma is expected to gain strength before it reaches the state. The parks are to remain closed for two consecutive days. Comcast shares closed lower for a second consecutive trading session on Friday. The stock went down 1.01% ($0.39) to […]
Read moreSeptember 8, 2017 8:39 am
Amazon.com Inc (AMZN) reportedly revealed plans to open a secondary headquarters in North America. Estimated at more than $5 billion, the HQ2 is expected to employ 50 000 people. Amazon shares closed higher for a second consecutive trading session on Thursday. It has also been the steepest daily surge since August 31st. The stock went […]
Read moreSeptember 8, 2017 7:17 am
According to Wolfgang Fink, Goldman Sachs co-chief in Germany, the financial holding may triple or quadruple its staff in Frankfurt, as Britain prepares to part ways with the European Union. Goldman Sachs shares closed lower for the second time in the past six trading sessions on Thursday. The stock went down 1.37% ($2.99) to $215.84, […]
Read moreSeptember 7, 2017 9:03 am
According to Boeings latest forecast, airlines in China are to purchase over 7 000 aircraft at an estimated value of $1.1 trillion during the upcoming 20 years in an attempt to satisfy strong demand for local and international travel. Boeing shares closed lower for a second consecutive trading session on Wednesday. The stock went down […]
Read moreSeptember 7, 2017 6:57 am
Microsoft Corporation (MSFT) reportedly introduced a newly retooled LinkedIn Audience Network, which would enable advertisers to target sponsored content to LinkedIns global user base of over 500 million. Microsoft shares closed lower for a third consecutive trading session on Wednesday. The stock edged down 0.29% ($0.21) to $73.40, with the intraday high and the intraday […]
Read moreSeptember 6, 2017 11:15 am
According to a post by the Wall Street Journal on September 5th, Facebook Inc (FB) is taking a step further towards monetizing the messaging platform WhatsApp, which it acquired for $22 billion in 2014. However, no description of the paid features as well as no information about when they will be introduced has so far […]
Read moreSeptember 5, 2017 8:56 am
According to the latest report by Detroit-based General Motors Company (GM), it sold 328 425 vehicles in China last month, which represented a 12% surge compared to August 2016. General Motors shares closed higher for a fourth consecutive trading session on Friday. It has also been the steepest daily surge since March 28th. The stock […]
Read moreSeptember 5, 2017 7:26 am
Employees at two McDonald’s restaurants in the United Kingdom went on strike on September 4th for the first time ever due to pay and other issues. McDonald’s shares closed lower for the second time in the past six trading sessions on Friday. The stock inched down 0.10% ($0.16) to $159.81, after touching an intraday high […]
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