January 30, 2017 10:40 am
According to a January 29th statement by the Federal Aviation Administration, all domestic flights by Delta Air Lines Inc (DAL) were grounded until 1:00 GMT, with the reason being an “automation issue”. The companys mainline and sub carriers to local destinations were all affected, while international flights were released. Delta Air shares retreated for the […]
Read moreJanuary 30, 2017 8:54 am
On January 29th Howard Schultz, the Chief Executive Officer of Starbucks Corporation (SBUX), announced that the coffee chain intended to hire 10 000 refugees in 75 countries within a period of five years. The announcement came two days after US President Donald Trump signed an executive order, by which travelers from Syria and six other […]
Read moreJanuary 27, 2017 10:45 am
On January 26th the NASDAQ-listed Tesla Motors Inc (TSLA) acknowledged that a EUR 100 million order with German supplier SHW AG was canceled by the client, while cancellation itself was not in any way related to the outcome of the US presidential election. Tesla shares registered their largest daily slump since January 17th on Thursday, […]
Read moreJanuary 27, 2017 8:37 am
According to a January 26th statement by Alan Joyce, Chief Executive Officer of Qantas Airways Ltd, the Australian airliner along with American Airlines Group Inc (AAL) may attempt once again to obtain permission by the US Transportation Department for flight schedule and price coordination under Donald Trumps administration. Last Novembers joint venture application by the […]
Read moreJanuary 26, 2017 10:32 am
On January 25th the NASDAQ-listed data storage device producer Western Digital Corporation (WDC) reported better-than-anticipated earnings per share and revenue during the second quarter ended on December 30th, as demand for PC components continued to recover, while more business areas shifted to cloud storage. Western Digital shares registered their largest daily surge since December 7th […]
Read moreJanuary 26, 2017 8:30 am
According to a January 25th statement by Discovery Communications Incs UK unit, negotiations regarding a new carriage deal with Sky Plc reached a blind alley due to a price contention. All 12 channels featured in Discoverys portfolio would not be present any longer on the Skys platform after January 31st, in case there was no […]
Read moreJanuary 25, 2017 1:58 pm
According to a January 24th statement by a spokesperson for Wells Fargo & Company (WFC), the holding is to discontinue policy involving notification of its branches one day before an internal inspection occurs. Wells Fargo shares closed higher on Tuesday, rebounding after a 1.49% slump during the prior trading session. The stock went up 0.83% […]
Read moreJanuary 25, 2017 9:02 am
Gary Cohn, former President and Chief Operating Officer at Goldman Sachs Group Inc (GS), received $85 million in cash and stock related payments, as he parted ways with the DJIA-featured bank holding to assume a new appointment in the Trump administration. Last month Cohn announced his leave from Goldman Sachs in order to assume the […]
Read moreJanuary 24, 2017 10:57 am
The DJIA-featured McDonald’s Corporation (MCD) reported a decline in sales at its established restaurants in the United States for the first time in the past six quarters, as the chains all-day breakfast innovation faced fierce competition from supermarkets, convenience stores and other food sellers. McDonald’s shares registered their largest daily retreat since January 3rd on […]
Read moreJanuary 24, 2017 8:42 am
On January 24th the DJIA-featured Goldman Sachs Group Inc (GS) filed a $1 billion counter lawsuit against a businessperson from Indonesia, who accused the bank holding of conducting “unlawful” trades in a property firms stock. According to Goldmans statement, the counterclaim was filed in regard to “the reputational damage and negative business impact” the charges […]
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