United Parcel Service Inc’s (UPS) quarterly earnings, reported on Thursday, outstripped market expectations, driven by higher revenue in domestic, international package delivery segments and the company’s freight and supply chain operations. United Parcel shares closed higher for a seventh consecutive trading session on Thursday. The stock went up 1.12% ($1.21) […]
United Parcel shares gain a seventh straight session on Thursday, company’s quarterly earnings exceed market expectations
Starbucks Corporation’s (SBUX) quarterly sales, reported on Thursday, fell short of market expectations, as customer...
United Air shares close higher on Wednesday, company’s CEO provides answers to lawmakers regarding recent passenger incident
Oscar Munoz, Chief Executive of United Continental Holdings Inc (UAL), provided answers to lawmakers in relation to...
Twitter shares gain the most in seven months on Wednesday, company’s quarterly results exceed market expectations
Twitter shares recorded their best daily performance in seven months yesterday, as the company’s first-quarter...
Caterpillar shares reach a 29-month high on Tuesday, company’s quarterly adjusted EPS well above expectations, but some uncertainties cited
On April 25th Caterpillar Inc (CAT) reported significantly better-than-anticipated earnings for the latest quarter, with one of the major contributing factors being its cost-cutting and restructuring efforts, according to a press release. Caterpillar shares registered their largest daily surge in more than three years on Tuesday, while also marking a […]Read more ›
Lockheed Martin shares retreat the most in 19 weeks on Tuesday, company’s quarterly sales rise more than 6%, net sales forecast raised
Lockheed Martin Corporation’s (LMT) total sales grew 6.6% during the latest quarter, supported by an 8% sales increase in its aeronautics division. Lockheed Martin shares registered their largest daily loss since December 12th 2016 during Tuesday’s trading session. The stock went down 2.24% ($6.19) to $270.02, after touching an intraday […]Read more ›
Wal-Mart shares close lower on Monday, company’s startup investment arm appoints new Chief Executive Officer
According to a statement by Wal-Mart Stores Inc (WMT), the retailer’s recently established startup investment arm, known as Store No 8, has appointed Jenny Fleiss as the CEO of its first portfolio company. She co-founded and previously served as head of business development of the designer fashion rental firm Rent […]Read more ›
General Electric shares fall the most in three months on Friday, quarterly sales and EPS above expectations, but cash outflow concerns weigh
Shares of General Electric Company (GE) retreated sharply on Friday, in spite of better-than-anticipated quarterly sales and adjusted earnings, as concerns over the company’s cash outflow weighed. General Electric shares registered their largest daily loss since January 23rd on Friday, which also marked the first drop in the past five […]Read more ›
American Airlines shares close lower on Friday, company apologizes after an ugly on-board stroller incident
On April 22nd American Airlines Group (AAL) apologized to a passenger, following a video, featuring an on-board clash over a baby stroller. As a result, the flight attendant, who was involved in the incident, has been suspended. American Airlines shares closed lower on Friday, while also marking their third loss […]Read more ›
Chevron shares close higher on Thursday, company’s appeal related to tax case dismissed by the court in Australia
On April 21st the court in Australia dismissed an appeal by Chevron Corporation (CVX) against the Australian tax office, which was related to a tax bill of AUD 340 million, including penalties and interest. The case covered tax years from 2004 through 2008. Chevron shares closed higher on Thursday, while […]Read more ›