August 9, 2017 8:22 am
Ralph Lauren Corporations (RL) first-quarter sales and income surpassed market expectations, as the company kept discounting and inventory in check. Ralph Lauren shares closed higher for a fourth consecutive trading session on Tuesday. It has been the steepest daily surge in at least a year. The stock went up 13.28% ($10.38) to $88.53, after touching […]
Read moreAugust 9, 2017 6:46 am
According to an August 8th statement by Californias insurance regulator, Wells Fargo & Company (WFC) and an insurance company are to be probed over selling unneeded auto policies to hundreds of thousands of residents. Wells Fargo shares closed higher for the first time in the past five trading sessions on Tuesday. The stock edged up […]
Read moreAugust 8, 2017 8:37 am
According to an August 7th statement by Netflix Inc (NFLX), it acquired comic book publisher Millarworld, which marked the companys first acquisition ever. Owned by writer Mark Millar and his wife, Millarworld is to provide Netflix with a number of character franchises for the development of movies, TV series as well as childrens shows. However, […]
Read moreAugust 8, 2017 6:56 am
As agreed on by AT&T Inc (T) and CBS, the CBS networks are to be added to the DirecTV Now streaming service. AT&T shares closed higher for a third consecutive trading session on Monday. The stock edged up 0.23% ($0.09) to $38.52, after touching an intraday high at $38.64, or a price level not seen […]
Read moreAugust 7, 2017 10:10 am
The base price of Tesla Incs (TSLA) Model X SUV was reportedly lowered to $79 500, as the companys overall gross margins improved. At the same time, P100D, or the costliest version of Teslas Model X, which delivers the fastest acceleration and a longer range, is now priced at $145 000. The move comes amid […]
Read moreAugust 7, 2017 7:21 am
According to documents released to the public on August 4th by the National Highway Traffic Safety Administration, almost 800 000 Chevrolet Silverado 1500 and GMC Sierra 1500 pickups are being recalled by General Motors, due to possible power steering loss. General Motors shares closed higher for the fifth time in the past eight trading sessions […]
Read moreAugust 4, 2017 10:14 am
Aetna Inc’s second-quarter earnings, reported on August 3rd, outstripped market expectations, as a slump in revenue has been overshadowed by cost efficiency, with the company withdrawing from Affordable Care Act market exchanges. Aetna shares closed higher for a third consecutive trading session on Thursday. It has also been the sharpest daily surge since February 14th. […]
Read moreAugust 4, 2017 7:59 am
A $26.5 million contract award has reportedly been given to Lockheed Martin Corporation (LMT) by the United States Navy in relation with production of Enhanced Laser Guided Training Rounds. Lockheed Martin shares closed higher for a fifth consecutive trading session on Thursday. The stock edged up 0.38% ($1.12) to $295.82, after touching an intraday high […]
Read moreAugust 4, 2017 6:44 am
Shares of the largest life insurer in the United States, MetLife Inc (MET), plummeted at the sharpest daily rate in six months during yesterdays trade, as the company announced expectations of $1 billion in charges during the third quarter associated with the spin-off of Brighthouse Financial, its retail unit in the US. MetLife shares closed […]
Read moreAugust 3, 2017 10:47 am
Shares of Apple Inc (AAPL) reached a new record high yesterday, supported by surprisingly strong quarterly sales, while also facilitating a move in the Dow Jones Industrial Average beyond the 22,000 level for the first time in history. Apple shares closed higher for a second consecutive trading session on Wednesday. It has also been the […]
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