March 6, 2019 8:18 am
Shares of Kohl’s Corp registered their largest single-session gain in ten weeks on Tuesday after the retailer reported quarterly comparable sales and profit above Wall Street estimates. Kohl’s also forecast full-year profit above market consensus, since the company has been focused on increasing sales by stocking new items at its traditional stores, by introducing improvements […]
Read moreMarch 5, 2019 10:38 am
Comcast Corp (CMCSA) said on Monday that it had acquired BluVector, a firm using advanced artificial intelligence and machine learning to provide cybersecurity protection to corporate entities and government agencies. However, financial details of the agreement remained undisclosed. Comcast shares closed lower for the fourth time in the past twelve trading sessions on NASDAQ on […]
Read moreMarch 5, 2019 8:06 am
According to a report by the Wall Street Journal over the weekend, John Stankey, Chief Executive Officer of Warner Media, LLC at AT&T, intends to renovate cable news network CNN’s digital operation, since it “isnt reaching its potential and requires more investment in product development and data analytics.” AT&T shares closed lower for a second […]
Read moreMarch 4, 2019 9:02 am
Tesla Inc (TSLA) has finally launched the long-awaited standard version of its Model 3 sedan at a price of $35 000. The base version of the vehicle will have a range of 220 miles, will achieve a top speed of 130 Miles per Hour and will accelerate from 0 to 60 Miles per Hour in […]
Read moreMarch 1, 2019 11:06 am
According to a statement by Brazils antitrust regulator CADE earlier this week, Walt Disney Company (DIS) has agreed to accept a demand by the regulator that Brazilian transmission rights for the Fox Sports channel are sold so that Disney can win regulatory approval of its takeover of Twenty-First Century Fox Inc. Walt Disney shares closed […]
Read moreMarch 1, 2019 8:11 am
Boeing Co (BA) said on Thursday that it had signed a deal with International Airlines Group, the parent company of British Airways, involving the purchase of up to 42 777X aircraft by the carrier. Evaluated at up to $18.6 billion at list prices, the deal will be presented on Boeing Cos Orders and Deliveries website […]
Read moreFebruary 28, 2019 10:33 am
Lowe’s Companies Incs fourth-quarter earnings, reported on Wednesday, exceeded Wall Street estimates. However, the department store operator reported a slower-than-anticipated comparable sales growth. Shares of Lowe’s Companies Inc closed higher for a second consecutive trading session in New York on Wednesday. It has also been the sharpest daily surge since February 15th. The stock went […]
Read moreFebruary 28, 2019 7:51 am
According to a statement by David Wehner, Facebooks Chief Financial Officer, earlier this week, the companys “clear history” feature will be introduced later in 2019. The feature was first announced at Facebooks F8 conference in May last year. Back then Facebooks Chief Executive Officer Mark Zuckerberg described the feature as being “a simple control to […]
Read moreFebruary 27, 2019 9:04 am
According to a report by Reuters on Tuesday, citing an executive from Boeing Co, the US plane maker has been moving spare parts between its distribution centres in the United Kingdom and other regions across the globe, as it prepares for Brexit. Boeing shares closed lower for the eighth time in the past seventeen trading […]
Read moreFebruary 26, 2019 12:10 pm
According to a report by Reuters on Monday, citing industry sources, after an unplanned outage, train 3 at Chevrons Gorgon liquefied natural gas export plant in Australia has been brought back online during the past weekend. A mechanical issue caused the train to be shut down in mid-January. The issue probably resulted from higher than […]
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