January 15, 2019 10:07 am
Shares of Lululemon Athletica Inc (LULU) registered their largest single-day surge in three weeks on Monday, after the retailer indicated a strong holiday shopping season as it revised up its fourth-quarter forecasts for both revenue and earnings. Lululemon shares closed higher for a second consecutive trading session on NASDAQ on Monday. It has also been […]
Read moreJanuary 15, 2019 8:14 am
According to a securities filing by Embraer S.A. on Monday, the plane makers cash position from the potential sale of 80% of its commercial aircraft and services operations to Boeing Co (BA) is yet to be decided. Boeing shares closed lower for the third time in the past thirteen trading sessions in New York on […]
Read moreJanuary 14, 2019 10:41 am
Visa Inc announced on Friday that it had appointed Mary Kay Bowman as head of Seller Solutions with focus on luring more clients to use the largest payments network globally. Bowman is to lead the designing, development and delivery of new services and solutions, aimed at transforming the payment experience for both sellers and consumers, […]
Read moreJanuary 14, 2019 8:33 am
According to Walt Disney’s proxy filing with the US Securities and Exchange Commission on Friday, Chief Executive Officer Robert Iger received as much as $149.6 million in stock awards in fiscal 2018, which also included awards, associated with the acquisition of Twenty-First Century Fox’s film and television assets. Walt Disney shares closed lower for the […]
Read moreJanuary 11, 2019 10:44 am
Yesterday American Airlines Group (AAL) revised down its unit revenue forecast for the fourth quarter, which brought about concerns that demand for air travel in the United States may have already been affected by decelerating global economic growth as well as trade frictions between Beijing and Washington. American Airlines shares closed lower for the fifth […]
Read moreJanuary 11, 2019 8:07 am
United Continental Holdings Inc (UAL) reported earlier this week that its total revenue passenger miles (RPMs) rose 6.9% year-on-year to 19.329 billion last month, supported by a 5.5% growth in domestic RPMs and an 8.9% increase in international RPMs. United Air shares closed lower for the third time in the past nine trading sessions on […]
Read moreJanuary 10, 2019 9:21 am
According to a report by Nikkei Asian Review on Wednesday, planned production for Apple Incs (AAPL) latest iPhone models for the first quarter has been cut by about 10%. The news followed warnings by suppliers such as Samsung Electronics Co Ltd and Skyworks Solutions Inc about weak Q1 demand for smart phone chips. Apple shares […]
Read moreJanuary 9, 2019 10:46 am
International Business Machines (IBM) said on Tuesday that it had inked a $540 million managed services deal with Nordea, which will enable Nordea Bank to outsource its IBM Z infrastructure services to IBM. IBM shares closed higher for a third consecutive trading session in New York on Tuesday. The stock went up 1.42% ($1.68) to […]
Read moreJanuary 9, 2019 8:39 am
At the CES event hosted in Las Vegas on Tuesday, Verizon Communications Inc (VZ) and Walt Disney Pictures announced a partnership aimed to explore the opportunities of 5G connectivity for media and entertainment at Walt Disney’s StudioLab. The tie-up is to allow the studio to utilize next-generation wireless broadband that delivers peak data transmission rates […]
Read moreJanuary 8, 2019 10:32 am
At an event over the weekend, NVIDIA Corp (NVDA) introduced the GeForce RTX 2060, its next-generation GPU, which offers exceptional performance on modern games and graphics enhanced by ray tracing and AI capabilities. The GeForce RTX 2060, which will be priced at $349, is expected to deliver new levels of performance as well as features, […]
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