February 1, 2018 8:41 am
According to a statement by Morgan Stanleys President Colm Kelleher on Wednesday, the group is to decide on relocating personnel to selected hubs such as Paris, Dublin and Frankfurt due to Brexit in the very beginning of this year. Morgan Stanley shares closed lower for a third consecutive trading session on Wednesday. The stock inched […]
Read moreJanuary 31, 2018 10:37 am
According to a statement by Wal-Mart Stores Inc (WMT) on Tuesday, the retailer intends to share more data with its suppliers in order to accelerate the replenishment of out-of-stock goods, since it seeks to become more competitive against rivals such as Amazon. Wal-Mart shares closed lower for the second time in the past ten trading […]
Read moreJanuary 31, 2018 8:43 am
According to a statement by General Motors on Tuesday, 15 new and redesigned vehicles are to be introduced in China in 2018, with almost half of them being minivans and sport-utility vehicles. The remainder are expected to be models by Cadillac, General Motors premium brand. General Motors shares closed lower for a second consecutive trading […]
Read moreJanuary 30, 2018 11:44 am
Lockheed Martin Corporations (LMT) fourth-quarter revenue, reported on Monday, exceeded market expectations, driven by a strong performance in its aeronautics business. Lockheed also expects sound results during the current year. Lockheed Martin shares closed higher for a fourth consecutive trading session on Monday. The stock went up 1.89% ($6.52) to $351.42, after touching an intraday […]
Read moreJanuary 30, 2018 8:43 am
MKM Partners was reported to have revised up its price target for Advanced Micro Devices Inc (AMD) to $14.50 from $13.00 previously, while maintaining a “Neutral” rating on the stock ahead of the companys fourth-quarter earnings report. Shares of Advanced Micro Devices Inc closed higher for a second consecutive trading session on Monday. The stock […]
Read moreJanuary 29, 2018 11:42 am
According to a statement by FedEx Corporation (FDX) last Friday, it intends to spend at least $3.2 billion on pension funding, capital investment as well as on pay raise, as it takes advantage of the recently-signed into law reform of the US tax system. FedEx shares closed higher for the first time in the past […]
Read moreJanuary 29, 2018 8:58 am
Morgan Stanley was reported to have raised its price target for Amazon.com Inc (AMZN) to $1 400 from $1 260 previously, while also maintaining an “Overweight” rating on the stock. Amazon shares closed higher for a second consecutive trading session on Friday. The stock went up 1.75% ($24.10) to $1,402.05, after touching an intraday high […]
Read moreJanuary 26, 2018 11:22 am
American Airlines Groups (AAL) fourth-quarter profit was reported to have shrunk 11% year-on-year, as the companys operating expenses rose due to labor and fuel costs. American Airlines shares closed lower for a second consecutive trading session on Thursday. The stock went down 3.18% ($1.74) to $53.05, after touching an intraday low at $52.25, or a […]
Read moreJanuary 26, 2018 8:24 am
Pivotal Research rated Foot Locker Inc (FL) as a new “Buy” with a price target of $65, as the apparel retailer is considered to be in a better spot compared to many of its industry rivals amid the ongoing sales shift from brick-and-mortar stores to on-line channels. The price target represents approximately 24% upside compared […]
Read moreJanuary 25, 2018 10:31 am
Comcast Corporations (CMCSA) adjusted quarterly earnings, reported on Wednesday, outstripped market expectations, supported by high-speed Internet customer growth and stronger theme park revenue. On the other hand, the company lost video subscribers during the past quarter. Comcast shares closed higher for the fourth time in the past five trading sessions on Wednesday. The stock went […]
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