December 28, 2018 10:12 am
According to a report by Reuters on Thursday, Visa Inc (V) plans to acquire Earthport Plc, a British company that services international transactions for banks and business organizations, for as much as GBP 198 million (or $250.29 million). Visa Incs unit, Visa International Service Association, has proposed 30 pence per Earthport share, the same media […]
Read moreDecember 27, 2018 9:40 am
According to a statement by Israels Finance Committee earlier this week, it has approved a 700 million shekel (or about $186 million) grant for Intel Corporation (INTC) in relation with the tech giants planned expansion of production operations in the Middle Eastern country. Intel shares closed higher for the sixth time in the past twelve […]
Read moreDecember 25, 2018 12:23 pm
Tesla Inc has reduced prices of particular Model 3 vehicles in China by up to 7.6%. The auto maker said that the starting price for a Model 3 in the worlds largest auto market was now CNY 499 000 (or approximately $72,327). Tesla shares closed lower for the sixth time in the past eight trading […]
Read moreDecember 24, 2018 9:48 am
According to a report by Reuters, citing a message sent to Goldman Sachs employees on Friday, the group’s Chief Executive David Solomon spoke in defense against criticism regarding Goldman’s compliance and oversight associated with operations with Malaysia’s 1MDB sovereign wealth fund. Goldman Sachs shares closed lower for a third consecutive trading session in New York […]
Read moreDecember 21, 2018 10:56 am
Exxon Mobil Corporation (XOM) said on Thursday that it had withdrawn its Canadian WCC liquefied natural gas export project from an environmental assessment, thus, indicating that it has abandoned the project. Exxon Mobil shares closed lower for a fifth consecutive trading session in New York on Thursday. It has also been the steepest daily loss […]
Read moreDecember 21, 2018 8:23 am
A “human error” has made it possible for a German resident using Amazon.com Incs (AMZN) Alexa voice assistant to access over a thousand audio recordings from another customer. Amazon shares closed lower for a second consecutive trading session on NASDAQ on Thursday. The stock went down 2.29% ($34.25) to $1,460.83, after touching an intraday low […]
Read moreDecember 20, 2018 9:38 am
Shares of FedEx Corporation (FDX) registered their largest single-day loss in ten years on Wednesday after the company surprised market players and analysts with a sharper-than-anticipated downward revision of its 2019 earnings forecast, as it underscored waning freight demand amid global economic slowdown. FedEx shares closed lower for the tenth time in the past thirteen […]
Read moreDecember 20, 2018 7:36 am
According to a report by Reuters, citing a letter sent earlier this week by Exxon Mobil Corporation (XOM) to the US Environmental Protection Agency (EPA), the oil major supports methane gas emission rules, which were put into effect by the Obama administration as a measure against climate change. Exxon Mobil shares closed lower for a […]
Read moreDecember 19, 2018 9:17 am
According to an announcement by Kroger Company (KR) on Tuesday, the supermarket chain has begun using unmanned autonomous vehicles for grocery deliveries in Scottsdale, Arizona by cooperating with start-up firm Nuro. Shares of Kroger Company closed lower for a third consecutive trading session in New York on Tuesday. The stock went down 1.28% ($0.37) to […]
Read moreDecember 18, 2018 10:22 am
The terms of a proposed deal between Embraer SA and Boeing Co have already been finalized, the Brazilian aerospace manufacturer announced on Monday. Under the agreement, Boeing is to acquire 80% of Embraers commercial aircraft and services operations for as much as $4.2 billion. Boeing shares closed lower for a third consecutive trading session in […]
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