September 4, 2019 6:45 am
Amazon.com Inc (AMZN) RBC Capital Markets on Tuesday raised its 12-month price target on Amazon.com Inc from $2 250 to $2 600, citing an expected positive impact from the company’s new Prime one-day shipping. The brokerage maintained an “Outperform” rating on the stock. Amazon shares closed higher for the eighth time in the past thirteen […]
Read moreSeptember 3, 2019 9:47 am
United Airlines Holdings Inc (UAL) said on Friday that it had pulled its 14 Boeing 737 MAX 9 aircraft off its flight schedule until December 19th, as the jet’s global grounding nears the six-month mark. United Air shares closed lower for the third time in the past eleven trading sessions on NASDAQ on Friday. The […]
Read moreSeptember 3, 2019 6:48 am
According to ECB board member Yves Mersch, the proposed Libra digital coin by Facebook Inc (FB) may undermine the European Central Bank’s ability to set monetary policy and its siren call of “treacherous promises” should be ignored. Facebook shares closed higher for a fifth consecutive trading session on NASDAQ on Friday. The stock inched up […]
Read moreSeptember 2, 2019 8:22 am
According to a Friday report by Reuters, citing a labor representative, General Motors Company has slashed some 350 job positions at its Thai subsidiary. General Motors shares closed higher for a third consecutive trading session in New York on Friday. The stock went up 0.49% ($0.18) to $37.09, after touching an intraday high at $37.35, […]
Read moreAugust 30, 2019 9:05 am
United Airlines Holdings Inc (UAL) said earlier this week that its grounded fleet of 14 737 MAX jets would be moved from Houston and Los Angeles to Phoenix, Arizona for storage. The reasons behind that decision include weather issues in Houston as well as issues with construction and space in Los Angeles, United said. United […]
Read moreAugust 29, 2019 9:34 am
According to a report by Nikkei Asian Review on Wednesday, Alphabet’s Google intends to move its Pixel smartphone production from China to Vietnam by the end of this year, since the tech giant establishes a cost-effective supply chain in Southeast Asia. Google is to relocate the majority of its American-bound hardware, including the Pixel phones […]
Read moreAugust 29, 2019 7:29 am
According to a Wednesday report by Reuters, citing a person with knowledge of the matter, Amazon.com Inc (AMZN) is in early talks with Indonesias Go-Jek Group to acquire a stake in the ride-hailing startup firm. However, financial details were not disclosed. Amazon shares closed higher for the sixth time in the past eleven trading sessions […]
Read moreAugust 28, 2019 9:31 am
Exxon Mobil Corp and Mosaic Materials Inc have formed a partnership aimed at exploring the advancement of technology to remove carbon dioxide from emissions sources, Oil & Gas Journal reported earlier this week. The tie-up builds upon Exxons carbon capture technology research portfolio. Exxon Mobil shares closed lower for the sixth time in the past […]
Read moreAugust 28, 2019 6:51 am
EU antitrust regulators are investigating whether Alphabet Incs Google unfairly favors its tool for searching job listings, European Competition Commissioner Margrethe Vestager said on Tuesday. Alphabet shares closed lower for the fifth time in the past eleven trading sessions on NASDAQ on Tuesday. The stock edged down 0.09% ($1.05) to $1,167.84, after touching an intraday […]
Read moreAugust 27, 2019 9:13 am
Walt Disney Co (DIS) said over the past weekend that 25 stores would be opened inside certain Target Corp locations across the United States on October 4th in a collaboration effort between the two companies. There are also plans for 40 more stores by October 2020, the entertainment company said. Disney stores are to be […]
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