Shares of Boeing Company (BA) rose the most in eleven weeks during the trading session in New York on Wednesday after the plane maker reported exceptionally strong first-quarter earnings, well above Wall Street estimates. Additionally, strong commercial jet sales prompted the company to revise up its cash flow and earnings […]

In a statement during an auto show in Beijing on Wednesday, Peter Fleet, Ford Motor Company’s (F) President for the Asia Pacific region, said he hoped the latest initiative by China’s government to ease ownership rules in the local auto market would accelerate regulatory approval of Ford’s electric vehicle joint […]

Lockheed Martin Corporation’s (LMT) first-quarter results, reported on Tuesday, topped market expectations, as support was drawn by a stronger performance of its F-35 jet program. The company also revised up its full-year earnings forecast. Lockheed Martin shares closed lower for the second time in the past seven trading sessions on […]

Shares of Verizon Communications Inc (VZ) rose the most in two weeks during the trading session in New York on Tuesday, as the company’s first-quarter performance topped market expectations while the loss of monthly phone subscribers turned out to be smaller than anticipated. Verizon shares closed higher for a second […]

Raymond James reportedly raised its rating on Exxon Mobil Corporation (XOM) to “Market Perform” from “Underperform” previously, as the firm noted the conglomerate’s bear case essentially had run its course, with oil prices nearing cycle highs. Exxon Mobil shares closed higher for the fifth time in the past seven trading […]

Shares of Under Armour Inc (UAA) gained the most in three weeks in New York on Monday, after Deutsche Bank raised its rating on the stock to “Hold” from “Sell” previously, citing that rapid growth of the company’s international business could facilitate balancing sluggish sales in North America. The investment […]

According to a report by Reuters on Friday, citing two sources with knowledge of the situation, Walmart Inc (WMT) may strike a deal over the acquisition of a 51% stake in India’s Flipkart as early as this week. Walmart shares closed lower for the second time in the past six […]

According to a report by O Estado de S. Paulo newspaper on Friday, citing anonymous sources, negotiations related to a partnership between Boeing Company (BA) and Brazil’s Embraer SA have reached an advanced stage. Boeing shares closed lower for a second consecutive trading session on Friday. The stock went down […]

According to a statement by a Qualcomm representative earlier this week, the company has initiated job cuts as part of its promise to shareholders to achieve reduction of annual costs of $1 billion. However, the precise number of jobs cut remained undisclosed. The shares of Qualcomm Incorporated closed lower for […]

Shares of Apple Inc (AAPL) retreated the most in eleven weeks on the NASDAQ on Thursday, after in a research note Mizuho analyst Abhey Lamba warned that the company’s revenue guidance for the fiscal third quarter could miss the midpoint of consensus estimates due to soft demand for its iPhone […]