January 25, 2018 8:06 am
In an interview with Bloomberg Television on Wednesday, JP Morgans Chief Executive Officer Jamie Dimon said the banking group intended to expand its operations in several African countries. JP Morgan Chase shares closed higher for the ninth time in the past twelve trading sessions on Wednesday. It has also been the sharpest daily surge since […]
Read moreJanuary 24, 2018 10:46 am
Shares of Verizon Communications Inc (VZ) touched highs unseen in a year during the trading session in New York yesterday after its fourth-quarter revenue and phone subscriber growth outstripped market expectations. Verizon shares closed lower for the fourth time in the past seven trading sessions on Tuesday. The stock went down 0.43% ($0.23) to $53.23, […]
Read moreJanuary 24, 2018 8:36 am
GoPro was reportedly downgraded to “Underweight” from “Equal Weight” by Morgan Stanley due to limited earnings power. The bank also revised down its price target for the stock to $5.00 from $9.50 previously. GoPro shares closed lower for the first time in the past three trading sessions on Tuesday. It has also been the steepest […]
Read moreJanuary 23, 2018 11:00 am
Prototypes of a re-designed 2020 Focus model were reported to have been tested by Ford across the United States 18 months prior to the vehicles production launch in China. A camouflaged prototype of the 2020 Focus was spotted at a retail outlet in Ann Arbor, Michigan on Sunday, Reuters reported. Ford shares closed higher for […]
Read moreJanuary 23, 2018 8:43 am
Apple Inc (AAPL) was reportedly downgraded to “Neutral” from “Overweight” by Atlantic Equities, as the firm cited expectations of lower-than-anticipated sales during the second quarter. Atlantic Equities also reaffirmed its price target for the stock at $190. Apple shares closed lower for a second consecutive trading session on Monday. It has also been the steepest […]
Read moreJanuary 22, 2018 11:03 am
Shares of General Electric Company (GE) extended their losing streak on Friday to complete the worst week since the financial crisis, following the announcement of over $11 billion in charges as well as indications of a possible break-up. General Electric shares closed lower for a fifth consecutive trading session on Friday. The stock went down […]
Read moreJanuary 22, 2018 8:35 am
According to a statement by Twitter Inc (TWTR) on Friday, some users are to be notified about a possible exposure to content provided by a suspected Russian propaganda service. The social media company is currently investigating whether Russia influenced the US elections in 2016. Twitter shares closed lower for a fourth consecutive trading session on […]
Read moreJanuary 19, 2018 10:55 am
Qualcomm’s planned acquisition of NXP Semiconductors for $38 billion have reportedly been cleared by antitrust regulators in the European Union. After the largest deal on record in the semiconductor sector is finalized, Qualcomm Incorporated is to become a top supplier to the dynamic automotive chip market. The shares of Qualcomm Incorporated closed higher for the […]
Read moreJanuary 19, 2018 8:54 am
According to a statement by Intel Corporation (INTC) earlier this week, issues with patches, which have been released to deal with Spectre and Meltdown security flaws, may cause data center computers equipped with Intels newer chips to reboot more frequently than usual. Intel shares closed higher for a second consecutive trading session on Thursday. The […]
Read moreJanuary 18, 2018 10:55 am
Shares of Goldman Sachs Group Inc (GS) plummeted the most in three months during yesterdays trade in New York after the bank reported its first quarterly loss in six years as a result of considerable tax charge. On the other hand, quarterly adjusted earnings outstripped market expectations, as strong performance of the groups investment banking […]
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