August 28, 2017 9:40 am
According to an August 25th statement by General Motors Company (GM), it has notified a small number of owners of its Chevrolet Bolt electric vehicles about a battery issue that could lead to propulsion loss. General Motors shares closed higher for a fifth consecutive trading session on Friday. The stock edged up 0.23% ($0.08) to […]
Read moreAugust 28, 2017 7:17 am
According to a post by The Verge, sales of Microsofts original Xbox One gaming console may have been abandoned by the tech company. Despite that some refurbished models of the console can still be observed in Microsofts official on-line stores, the Xbox One S and the Xbox One X are the only models categorized as […]
Read moreAugust 25, 2017 9:49 am
According to an August 23rd filing by Tesla Inc (TSLA), Jon McNeill, the companys global sales and service president will be paid $700 000, in case specific targets are met in 2017. Tesla shares closed higher for a third consecutive trading session on Thursday. The stock inched up 0.05% ($0.16) to $352.93, after touching an […]
Read moreAugust 25, 2017 7:26 am
According to the latest research by Gartner, the global wearables market may see a 16.7% growth in 2017, supported by strong performance in the smart watch segment headed by Apple Inc (AAPL). Sales of smart watches are expected to account for $9.3 billion out of total wearable sales estimated at $30.5 billion during the current […]
Read moreAugust 24, 2017 9:31 am
Amazon.com Incs (AMZN) intended acquisition of Whole Foods Market Inc for $13.7 billion has been cleared by the US Federal Trade Commission, the regulator said on August 23rd. Amazon shares closed lower for the sixth time in the past nine trading sessions on Wednesday. The stock went down 0.92% ($8.90) to $958.00, after touching an […]
Read moreAugust 24, 2017 7:51 am
Lowe’s Companies Incs (LOW) second-quarter results, reported on August 23rd, fell short of market expectations, while pressuring its shares during yesterdays trade. Lowes also revised down its full-year earnings forecast. Shares of Lowe’s Companies Inc closed lower for the first time in the past three trading sessions on Wednesday. It has also been the steepest […]
Read moreAugust 23, 2017 9:41 am
According to a source with knowledge of the matter, John Watson is to step down as Chevron Corporations (CVX) Chief Executive by September and will probably be succeeded by Mike Wirth, the companys Vice Chairman. Chevron shares closed higher for the second time in the past nine trading sessions on Tuesday. The stock went up […]
Read moreAugust 23, 2017 7:33 am
According to a statement by Ford Motor Company (F), its latest joint venture in China strives to achieve a sizable expansion in the local electric vehicle market. The auto maker is seeking to make 70% of its vehicle line-up in the country electric by the year 2025. Ford shares closed higher for a second consecutive […]
Read moreAugust 22, 2017 9:20 am
According to a statement by McDonald’s Corporation (MCD) on August 21st, all of the companys 169 restaurants in northern and eastern India are to be closed, as a legal dispute with domestic partner Connaught Plaza Restaurants Pvt Ltd intensified. McDonald’s shares closed higher for the third time in the past six trading sessions on Monday. […]
Read moreAugust 22, 2017 7:25 am
According to an internal memo by JP Morgan Chase & Co (JPM) released August 21st, an amount of up to $2 million is to be contributed to struggle against racism and in favor of human rights, following a white nationalist rally in Charlottesville, Virginia, that resulted in acts of violence and caused the death of […]
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