Boeing shares close higher on Thursday, joint governmental review of Boeing’s 737 MAX to begin on April 29th

April 22, 2019
Boeing shares close higher on Thursday, joint governmental review of Boeing’s 737 MAX to begin on April 29th

According to a statement by the US Federal Aviation Administration on Friday, a joint governmental review of the globally grounded Boeing 737 MAX is expected to be initiated on April 29th. Nine other aviation regulators from across the globe are to participate in the review, the FAA said. Boeing shares […]

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General Motors shares gain for a third straight session on Thursday, CEO Mary Barra receives $21.87 million in total compensation in 2018, proxy shows

April 22, 2019
General Motors shares gain for a third straight session on Thursday, CEO Mary Barra receives $21.87 million in total compensation in 2018, proxy shows

According to a proxy statement by General Motors Company (GM) released on Thursday, the company’s Chairman and Chief Executive Officer, Mary Barra, received a bit less than $22 million in total compensation in 2018. General Motors shares closed higher for a third consecutive trading session in New York on Thursday. […]

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Apple shares gain for a fourth straight session on Thursday, company to upgrade front camera in this year’s iPhone models, analyst says

April 19, 2019
Apple shares gain for a fourth straight session on Thursday, company to upgrade front camera in this year’s iPhone models, analyst says

According to a report by noted Apple analyst Ming-Chi Kuo, the tech company intends to upgrade the front camera in this year’s iPhone models to 12 megapixels from 7 megapixels. The camera will also be modified from the current 4-element lens to a 5-element lens component. Apple shares closed higher […]

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Amazon shares close lower on Thursday, on-line giant to discontinue operating website Amazon.cn from July 18th

April 19, 2019
Amazon shares close lower on Thursday, on-line giant to discontinue operating website Amazon.cn from July 18th

According to a statement by Amazon.com Inc (AMZN) on Thursday, the e-commerce giant intends to discontinue operating a marketplace as well as providing seller services on its Chinese website Amazon.cn from July 18th. Amazon shares closed lower for the fourth time in the past ten trading sessions on NASDAQ on […]

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IBM shares fall the most in 6 months on Wednesday, first-quarter revenue falls short of expectations, adjusted profit beats

April 18, 2019
IBM shares fall the most in 6 months on Wednesday, first-quarter revenue falls short of expectations, adjusted profit beats

International Business Machines’ (IBM) overall revenue registered a sharper drop than anticipated during the first quarter, pressured by dwindling demand for the company’s mainframe computers and an appreciation in the US Dollar. IBM shares closed lower for the fifth time in the past fifteen trading sessions in New York on […]

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Microsoft shares touch a fresh all-time high on Wednesday as KeyBanc boosts price target on the stock on cloud and digital potential

April 18, 2019
Microsoft shares touch a fresh all-time high on Wednesday as KeyBanc boosts price target on the stock on cloud and digital potential

KeyBanc earlier this week revised up its price target on Microsoft Corp (MSFT) to $141 from $125, as it cited improving confidence in the tech giant’s cloud and digital strategy. The firm also maintained an “Overweight” rating on the stock. Microsoft shares closed higher for the seventh time in the […]

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