Twitter Inc (TWTR) has reportedly introduced changes to design of its products, as the company aims at speed and simplicity. Changes are to affect Twitter.com, TweetDeck, Twitter Lite as well as the company’s applications for iOS/Android during the “coming days and weeks.” Twitter shares closed higher for a third time […]

According to persons with knowledge of the matter, Goldman Sachs Group Inc (GS) has raised over $7 billion for a fund with a focus on secondhand stake purchases in private equity funds. A spokesperson for Goldman Sachs refused to comment on the situation. Goldman Sachs shares closed lower for a […]

China Aircraft Leasing Group Holdings Ltd was reported to be considering the purchase of 50 737MAX jets from Boeing Company (BA) at a total list price of $5.8 billion, so that it could meet demand for more efficient aircraft. Boeing shares closed higher for a second consecutive trading session on […]

Bank of America Corporation (BAC) has reportedly initiated layoffs in its operations and technology division, as the holding continues with its cost-cutting plan aimed at achieving CEO Brian Moynihan’s financial objectives. Many of the job cuts within the unit came from the bank’s Charlotte, N.C., headquarters, according to a spokesperson, […]

According to an internal memo to employees, Time Inc (TIME) intends to reduce its workforce by 300 positions (4%) via layoffs and buyouts. Time Inc’s shares closed higher for a seventh consecutive trading session on Tuesday. The stock edged up 0.36% ($0.05) to $13.95, after touching an intraday high at […]

The acquisition of Yahoo! Inc’s core business by Verizon Communications Inc for $4.48 billion was finalized yesterday, while Yahoo’s Chief Executive Officer Marissa Mayer stepped down. This way the tech company, once valued at over $100 billion, was no longer a stand-alone internet entity. Yahoo shares closed lower for a […]

According to a post by the Wall Street Journal, Facebook Inc (FB) is establishing a feature that has long been awaited by news publishers – the opportunity for a direct subscription to publishers from the company’s application. Facebook shares closed lower for a second consecutive trading session on Monday. The […]

Shares of Apple Inc (AAPL) retreated more than 2% at the close yesterday, after losing almost 3.5% at some point during the session, as investors supposed a peak had been reached. At the same time, Mizuho investment bank downgraded the stock and also revised down its price target. Apple shares […]

As reported by the Iranian state news agency IRNA, Aseman Airlines has signed a final agreement with Boeing Company in Tehran on June 10th to purchase 30 737 MAX jets. A tentative deal between the two companies had been signed in April. Boeing shares closed higher for a third consecutive […]

On June 9th BlackRock Inc (BLK) has reportedly said that Exxon Mobil Corp should “enhance its disclosures” in regard to climate change-associated risks. The asset management firm is Exxon’s third largest investor holding a stake of more than 4%. BlackRock shares closed higher for a second straight trading session on […]