Wal-Mart shares gain a fourth straight session on Thursday, company’s Chief Executive receives $22.4 million as compensation

April 21, 2017
Wal-Mart shares gain a fourth straight session on Thursday, company’s Chief Executive receives $22.4 million as compensation

According to an April 20th regulatory filing, total compensation for Doug McMillon, Chief Executive Officer of Wal-Mart Stores Inc (WMT), rose 13% to $22.4 million during the fiscal year ended on January 31st amid strong sales growth. Wal-Mart shares closed higher for a fourth straight trading session on Thursday, while […]

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United Air shares close higher on Wednesday, company to testify at House Transportation Committee hearing

April 20, 2017
United Air shares close higher on Wednesday, company to testify at House Transportation Committee hearing

According to a statement by United Continental Holdings Inc (UAL) on April 19th, the carrier intends to testify at the US House Transportation Committee hearing on commercial airline consumer issues, following the April 9th incident with a passenger in Chicago. However, no specific date for the hearing has so far […]

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General Motors shares close higher on Wednesday, authorities in Venezuela illegally seize auto factory, company says

April 20, 2017
General Motors shares close higher on Wednesday, authorities in Venezuela illegally seize auto factory, company says

According to an April 19th statement by General Motors Company (GM), its plant located in the Valencia industrial hub has been illegally seized by Venezuelan authorities. GM said that such a move could inflict irreparable damage to the company, the 2 678 workers at the plant, the 79 dealers it […]

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Ford shares retreat the most in two weeks on Tuesday, company said to be taking cautious stance to electric vehicle market in China

April 19, 2017
Ford shares retreat the most in two weeks on Tuesday, company said to be taking cautious stance to electric vehicle market in China

According to a report by Reuters, Ford Motor Company (F) is taking a cautious stance in regard to production of electric and plug-in hybrid vehicles for China, as consumer interest and government policy remain surrounded by uncertainty. Ford shares registered their largest daily loss since April 3rd during Tuesday’s trading […]

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Goldman Sachs shares retreat the most in ten months on Tuesday, holding’s first-quarter EPS, revenue fall short of expectations

April 19, 2017
Goldman Sachs shares retreat the most in ten months on Tuesday, holding’s first-quarter EPS, revenue fall short of expectations

Goldman Sachs Group Inc’s (GS) stock retreated almost 5% yesterday, after the group posted lower-than-expected earnings per share and revenue during the first quarter of 2017. Goldman Sachs shares registered their largest daily loss since June 24th 2016 during Tuesday’s trading session. The stock went down 4.72% ($10.67) to $215.59, […]

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Wells Fargo shares gain the most in ten weeks on Monday, the group extends banking agreement with Nevada

April 18, 2017
Wells Fargo shares gain the most in ten weeks on Monday, the group extends banking agreement with Nevada

According to an April 17th statement by Wells Fargo & Company (WFC), the holding has extended its banking agreement with the State of Nevada until 2021. The agreement will have a two-year renewal option. Wells Fargo shares registered their largest daily surge since February 3rd during Monday’s trading session. The […]

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Wal-Mart shares close lower on Thursday, retailer reported to be in advanced discussions to acquire Bonobos Inc

April 17, 2017
Wal-Mart shares close lower on Thursday, retailer reported to be in advanced discussions to acquire Bonobos Inc

According to sources with knowledge of the matter, cited by Recode, Wal-Mart is currently in advanced talks regarding the acquisition of online men’s fashion retailer Bonobos Inc. A potential deal would mark the fourth e-commerce acquisition made by the US retailer in less than 1 year, as it has been […]

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Apple shares close higher on Wednesday, company hires a team of biomedical engineers in relation with diabetes treatment

April 13, 2017
Apple shares close higher on Wednesday, company hires a team of biomedical engineers in relation with diabetes treatment

According to sources with knowledge of the matter, cited by CNBC, a team of biomedical engineers has been hired by Apple Inc. (AAPL) in relation with a secret initiative, focusing on development of sensors for diabetes treatment. The team is to be located at a nondescript office in Palo Alto, […]

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Boeing shares retreat the most in three weeks on Wednesday, the 737 MAX 10X model could be delivered in 2020, says senior executive

April 13, 2017
Boeing shares retreat the most in three weeks on Wednesday, the 737 MAX 10X model could be delivered in 2020, says senior executive

According to an April 13th statement by a senior executive of Boeing Company (BA), the plane maker may be able to initiate the delivery of its 737 MAX 10X aircraft in 2020, in case airlines begin placing their orders of the jet this year. Boeing shares registered their largest daily […]

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Wal-Mart shares gain a third straight session on Tuesday, more corporate jobs slated for reduction

April 12, 2017
Wal-Mart shares gain a third straight session on Tuesday, more corporate jobs slated for reduction

According to an April 11th statement by Wal-Mart Stores Inc (WMT), more corporate jobs are to be cut at the retailer in the United States during the present month, despite investment efforts in the enhancement of its e-commerce operations. Reductions are expected to affect “hundreds of jobs” in Wal-Mart’s international […]

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