January 4, 2018 9:01 am
According to a statement by American Airlines Group (AAL) earlier this week, its employees are to receive a $1 000 bonus following the recent US tax bill. American Airlines shares closed lower for the fourth time in the past nine trading sessions on Wednesday. It has also been the steepest daily loss since December 12th. […]
Read moreJanuary 3, 2018 10:37 am
McDonalds stock has reportedly become Nomura’s ”top pick” within the restaurant industry for 2018. The firm’s price target on the stock now stands at $190, a revision up from $180 previously. McDonald’s shares closed higher for the third time in the past nine trading sessions on Tuesday. The stock went up 0.64% ($1.10) to $173.22, […]
Read moreJanuary 3, 2018 8:42 am
Apple Inc was reported to have instructed employees at Apple Store to offer replacement batteries priced at $29 immediately to any client owning an iPhone 6 or a newer device. Apple’s decision to begin offering discounted replacements came a month earlier than initially planned. Apple shares closed higher for the fourth time in the past […]
Read moreJanuary 2, 2018 10:44 am
All 50 US states are expected to participate in AT&T Incs (T) nationwide broadband network, which the wireless carrier is establishing as part of a government contract worth $6.5 billion. The contract was awarded last March. AT&T shares closed lower for the second time in the past seven trading sessions on Friday. The stock went […]
Read moreJanuary 2, 2018 8:44 am
According to a person with knowledge of the matter, Goldman Sachs Group Inc (GS) is to locate administrative staff for its asset management unit in Dublin, as Britain prepares to part ways with the European Union. A major part of Goldmans operations in Europe are currently concentrated in the UK, while the groups headcount there […]
Read moreDecember 30, 2017 11:12 am
According to a statement by the Financial Industry Regulatory Authority (FINRA), fines and restitution of at least $11.5 million have been imposed on Citigroup Inc (C) in relation with incorrect research ratings, which the bank displayed on over 1 800 stocks. As a result, a large number of Citi clients ended up owning shares, which […]
Read moreDecember 29, 2017 9:48 am
According to a note by KeyBanc Capital Markets analysts, Tesla Inc (TSLA) may deliver approximately 5 000 Model 3 vehicles during the fourth quarter. That compares with the brokerage firms estimate of 15 000 vehicles. The forecast came after last weeks conversations with sales personnel at 18 stores across the United States. Tesla shares closed […]
Read moreDecember 28, 2017 9:50 am
According to a statement by General Electric Company (GE) on Wednesday, the conglomerates facility in Rochester, New York, which assembles electronic boards, is to remain open for now, while all 100 employees based there are to be retained. In August, GE was reported to be considering the closure of that facility by June 2018 and […]
Read moreDecember 27, 2017 10:38 am
Shares of Apple Inc (AAPL) registered their sharpest daily slump in 4 1/2 months during the trading session on Tuesday, after a report by Taiwan’s Economic Daily revealed demand for the iPhone X might fall short of expectations during the first quarter of 2018. Some analysts also expressed such a view. Apple Inc, on the […]
Read moreDecember 26, 2017 10:17 am
The US unit of Fiat Chrysler is to recall approximately 1.8 million trucks in the United States, Mexico, Canada and some other markets in order to help prevent owners from inadvertently moving the vehicles’ gear-shifters out of their park position. In New York, Fiat Chrysler shares closed higher for a sixth consecutive trading session on […]
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