Boeing shares gain a fourth straight session on Friday, jet deliveries match the company’s 2016 target, new orders – below target

January 9, 2017
Boeing shares gain a fourth straight session on Friday, jet deliveries match the company’s 2016 target, new orders – below target

On January 6th Boeing Company announced it delivered 748 aircraft during 2016, while booking orders for 648 jetliners at the amount of $94 billion at list prices. The plane manufacturer had forecast that 2016 deliveries would be within the range of 745-750 jets. Boeing’s delivery total may outstrip that of […]

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US non-farm employment growth decelerates in December, while the rate of unemployment rises to 4.7%

January 9, 2017
US non-farm employment growth decelerates in December, while the rate of unemployment rises to 4.7%

Employers in all sectors of economy in the United States, excluding the farming industry, were reported to have added 156 000 new jobs in December, a figure which fell short of market expectations (+178 000). This way non-farm employment in the country grew by 2.2 million in 2016, according to […]

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Retail sales in Germany mark the largest slump in 35 months, while factory orders shrink the most in 2 years

January 6, 2017
Retail sales in Germany mark the largest slump in 35 months, while factory orders shrink the most in 2 years

Sales at retailers in Germany fell at a monthly rate of 1.8% in November, the Federal Statistical Office said earlier on Friday, which was a much steeper drop than what the median forecast by experts had pointed. It has been the sharpest monthly decrease since December 2013. In October, retail […]

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Delta Air shares gain the most in a month on Wednesday, company projects a lesser decline in its passenger unit revenue

January 5, 2017
Delta Air shares gain the most in a month on Wednesday, company projects a lesser decline in its passenger unit revenue

On December 4th the NYSE-listed transportation company Delta Air Lines Inc announced it projected a lesser drop in its passenger unit revenue during the fourth quarter of 2016 compared to what it had previously expected. The second largest US airline in terms of passenger traffic based the new forecast on […]

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Exxon Mobil shares retreat the most in three weeks on Wednesday, all ties between the company and Rex Tillerson to be severed

January 5, 2017
Exxon Mobil shares retreat the most in three weeks on Wednesday, all ties between the company and Rex Tillerson to be severed

In order to observe conflict-of-interest requirements, Rex Tillerson and Exxon Mobil Corporation came to an agreement to cut all ties. Tillerson’s appointment as US secretary of state is still due for confirmation. At the same time, Exxon’s President, Darren Woods, is to assume the role of CEO and chairman this […]

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General Motors shares gain for the first time in 8 sessions on Tuesday, President-elect Trump tweets ”big border tax” for GM’s production in Mexico

January 4, 2017
General Motors shares gain for the first time in 8 sessions on Tuesday, President-elect Trump tweets ”big border tax” for GM’s production in Mexico

Yesterday, in a statement posted on Twitter, US President-elect Donald Trump warned that a “big border tax” might be imposed on General Motors Company in relation with production of its Chevrolet Cruze model in Mexico. In a response, the S&P 500-featured vehicle manufacturer said its Cruze production in Mexico was […]

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Twitter shares gain the most in three weeks on Tuesday, Kathy Chen, Twitter’s executive for China, to leave the company

January 4, 2017
Twitter shares gain the most in three weeks on Tuesday, Kathy Chen, Twitter’s executive for China, to leave the company

Kathy Chen, Twitter’s executive for Greater China, who took the job 8 months ago, sent a tweet during the weekend, stating she had decided to leave the company. A former employee at Microsoft and Cisco, Chen was brought in to popularize Twitter among Chinese advertisers. Although access to the social […]

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Apple shares retreat the most in a month on Friday, company to trim iPhone production in Q1 2017

January 3, 2017
Apple shares retreat the most in a month on Friday, company to trim iPhone production in Q1 2017

According to a Nikkei financial daily report, released on December 29th, Apple Inc is to reduce production of iPhones by approximately 10% during the first three months of 2017. The report reflected calculations based on data from suppliers. Apple shares recorded their largest daily slump since December 1st on Friday […]

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Tesla shares drop a second straight session on Friday, Model X owner sues the company because of a ”sudden acceleration” issue

January 3, 2017
Tesla shares drop a second straight session on Friday, Model X owner sues the company because of a ”sudden acceleration” issue

Last Friday a lawsuit was filed in US District Court in the Central District of California against Tesla Motors Inc by a Model X owner, who claimed that his electric SUV suddenly accelerated while parking, which led to a severe accident and, as a result, injured the driver and a […]

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Johnson & Johnson shares rebound on Thursday, company said to be negotiating the acquisition of Actelion Ltd

December 30, 2016
Johnson & Johnson shares rebound on Thursday, company said to be negotiating the acquisition of Actelion Ltd

According to persons familiar with the matter, who preferred to remain anonymous, Johnson & Johnson is currently in negotiations over the acquisition of Actelion Ltd, a Swiss biotechnology company. The potential deal is said to part Actelion’s commercialized portfolio from its research and development division. Johnson & Johnson shares closed […]

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