April 19, 2017 9:24 am
According to a report by Reuters, Ford Motor Company (F) is taking a cautious stance in regard to production of electric and plug-in hybrid vehicles for China, as consumer interest and government policy remain surrounded by uncertainty. Ford shares registered their largest daily loss since April 3rd during Tuesdays trading session. The stock went down […]
Read moreApril 19, 2017 6:45 am
Goldman Sachs Group Incs (GS) stock retreated almost 5% yesterday, after the group posted lower-than-expected earnings per share and revenue during the first quarter of 2017. Goldman Sachs shares registered their largest daily loss since June 24th 2016 during Tuesdays trading session. The stock went down 4.72% ($10.67) to $215.59, after touching an intraday low […]
Read moreApril 18, 2017 8:06 am
According to an April 17th statement by Wells Fargo & Company (WFC), the holding has extended its banking agreement with the State of Nevada until 2021. The agreement will have a two-year renewal option. Wells Fargo shares registered their largest daily surge since February 3rd during Mondays trading session. The stock went up 2.67% ($1.37) […]
Read moreApril 17, 2017 7:55 am
According to sources with knowledge of the matter, cited by Recode, Wal-Mart is currently in advanced talks regarding the acquisition of online men’s fashion retailer Bonobos Inc. A potential deal would mark the fourth e-commerce acquisition made by the US retailer in less than 1 year, as it has been trying to catch up with […]
Read moreApril 13, 2017 9:19 am
According to sources with knowledge of the matter, cited by CNBC, a team of biomedical engineers has been hired by Apple Inc. (AAPL) in relation with a secret initiative, focusing on development of sensors for diabetes treatment. The team is to be located at a nondescript office in Palo Alto, California, in proximity to the […]
Read moreApril 13, 2017 7:41 am
According to an April 13th statement by a senior executive of Boeing Company (BA), the plane maker may be able to initiate the delivery of its 737 MAX 10X aircraft in 2020, in case airlines begin placing their orders of the jet this year. Boeing shares registered their largest daily retreat since March 21st during […]
Read moreApril 12, 2017 9:16 am
According to an April 11th statement by Wal-Mart Stores Inc (WMT), more corporate jobs are to be cut at the retailer in the United States during the present month, despite investment efforts in the enhancement of its e-commerce operations. Reductions are expected to affect “hundreds of jobs” in Wal-Marts international and technology businesses. Wal-Mart shares […]
Read moreApril 12, 2017 7:29 am
According to an April 11th statement by NuStar Energy LP (NS), in an attempt to expand its presence into the Permian basin, the pipeline operator intends to acquire Navigator Energy Services LLC in a deal estimated at about $1.48 billion. In addition, a public stock offering of 10.5 million units was announced by the pipeline […]
Read moreApril 11, 2017 9:56 am
A top executive from Ford Motor Company (F) said at an April 10th event that sales of sport utility vehicles in the United States may continue to gain momentum. The second largest auto manufacturer in the US also revealed plans to present a renovated 2018 Ford Explorer SUV. Ford shares closed higher on Monday, while […]
Read moreApril 11, 2017 7:07 am
On April 10th United Continental Holdings Inc (UAL) revised up its first-quarter flight capacity forecast. The carrier now projects capacity to grow 2.6% during the quarter ended on March 31st in comparison with a previous forecast, pointing to a 1-2% growth. United Air shares closed higher for a fourth consecutive trading session on Monday. The […]
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