Alphabet shares close lower on Tuesday, company acquires Senosis Health, deal details undisclosed

August 16, 2017
Alphabet shares close lower on Tuesday, company acquires Senosis Health, deal details undisclosed

As reported by GeekWire, Alphabet Inc (GOOGL) has purchased Senosis Health, a medical-app start-up firm, but however, no financial details have so far been disclosed. Senosis was reportedly raising its first round of venture capital funding, when negotiations began. Alphabet shares closed lower for the fourth time in the past […]

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Apple shares gain for a third session in a row on Tuesday, company intends to sell bonds in Canada for the first time

August 16, 2017
Apple shares gain for a third session in a row on Tuesday, company intends to sell bonds in Canada for the first time

As reported by Bloomberg, Apple Inc (AAPL) intends to offer bonds in Canada for the first time ever. It is also going to be the most considerable single-tranche offering in the Canadian Maple bond market. Apple shares closed higher for a third consecutive trading session on Tuesday. The stock went […]

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General Electric shares fall almost 1% on Tuesday, as Warren Buffett sells his entire stake in the company

August 15, 2017
General Electric shares fall almost 1% on Tuesday, as Warren Buffett sells his entire stake in the company

As reported by Business Insider, in a SEC filing on August 14th Warren Buffett’s Berkshire Hathaway revealed it had sold its entire stake in General Electric Company (GE) during the second quarter. General Electric shares closed higher for the second time in the past six trading sessions on Monday. The […]

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JP Morgan Chase shares fall for a fourth session in a row on Friday, JP Morgan Asset Management to absorb research costs due to regulation changes

August 14, 2017
JP Morgan Chase shares fall for a fourth session in a row on Friday, JP Morgan Asset Management to absorb research costs due to regulation changes

According to an August 11th statement by JP Morgan Asset Management, the costs of paying brokers for doing investment research are to be absorbed by the firm rather than passed on to customers, once the changes to European regulatory framework come into force in 2018. JP Morgan Chase shares closed […]

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Lockheed Martin shares close higher on Friday, company awarded with an $8 billion special forces contract by the US MoD

August 14, 2017
Lockheed Martin shares close higher on Friday, company awarded with an $8 billion special forces contract by the US MoD

According to an August 11th statement by the US Department of Defense, an $8 billion contract for global logistics support services associated with special operations forces has been awarded to Lockheed Martin Corporation (LMT). Lockheed Martin shares closed higher for the tenth time in the past eleven trading sessions on […]

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Macy’s shares fall the most in three months on Thursday, despite better-than-anticipated quarterly comparable sales

August 11, 2017
Macy’s shares fall the most in three months on Thursday, despite better-than-anticipated quarterly comparable sales

Macy’s Inc’s (M) second-quarter comparable sales, reported on August 10th, dropped at a lesser rate than expected. However, the company’s net revenue shrank more than what analysts on average had anticipated. Macy’s shares closed lower for a third consecutive trading session on Thursday. It has also been the sharpest daily […]

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