Lockheed Martin shares gain for a third straight session on Wednesday, company partners with additional German firms in heavy-lift helicopter bid

April 19, 2018
Lockheed Martin shares gain for a third straight session on Wednesday, company partners with additional German firms in heavy-lift helicopter bid

Lockheed Martin’s Sikorsky has recently announced partnerships with additional German companies in an attempt to secure a heavy-lift helicopter contract from Germany’s government, valued at EUR 4 billion. Lockheed Martin shares closed higher for a third consecutive trading session on Wednesday. The stock went up 0.58% ($2.01) to $351.15, after […]

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Amazon shares gain for a third straight session on Wednesday, company introduces international shopping feature from the United States

April 19, 2018
Amazon shares gain for a third straight session on Wednesday, company introduces international shopping feature from the United States

Amazon.com Inc said on Tuesday that an international shopping feature had been launched for clients worldwide, allowing them to order over 45 million items, which will be shipped from the United States to their geographic location. Amazon shares closed higher for a third consecutive trading session on Wednesday. The stock […]

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Tesla shares fall for a second straight session on Tuesday, Model 3 production halt adds to investor concerns over output targets

April 18, 2018
Tesla shares fall for a second straight session on Tuesday, Model 3 production halt adds to investor concerns over output targets

Shares of Tesla Inc (TSLA) retreated on the NASDAQ on Tuesday after an announced temporary halt of Model 3 production added to investor concerns that the auto maker may once again not manage to meet its vehicle output objectives. Tesla shares closed lower for a second consecutive trading session on […]

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Twitter shares gain the most in nine weeks on Tuesday as Morgan Stanley upgrades the stock to “Equal Weight”, raises price target

April 18, 2018
Twitter shares gain the most in nine weeks on Tuesday as Morgan Stanley upgrades the stock to “Equal Weight”, raises price target

Morgan Stanley was reported to have upgraded Twitter Inc to “Equal Weight” from “Underweight” previously, as the bank cited constructive dialogue with advertisers, expanding user base as well as positive revisions, which make the stock “a more compelling risk/reward”. Morgan Stanley also revised up its price target for Twitter to […]

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Bank of America shares close higher on Monday, quarterly profit tops expectations as loan growth, higher interest rates support

April 17, 2018
Bank of America shares close higher on Monday, quarterly profit tops expectations as loan growth, higher interest rates support

Bank of America Corp’s first-quarter profit, reported on Monday, outstripped market expectations, as higher interest rates as well as loan and deposit growth supported overall performance. Bank of America shares closed higher for the fourth time in the past six trading sessions on Monday. The stock went up 0.44% ($0.13) […]

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Goldman Sachs shares close higher on Monday, Wall Street bank acquires Clarity Money start-up

April 17, 2018
Goldman Sachs shares close higher on Monday, Wall Street bank acquires Clarity Money start-up

According to a statement by Goldman Sachs Group during the weekend, GS Bank, its subsidiary, has acquired personal finance start-up Clarity Money in an attempt to expand its Marcus on-line lending business. The terms of the deal, however, remained undisclosed. Goldman Sachs shares closed higher for the fourth time in […]

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Citigroup shares fall the most in a week on Friday as investment banking revenue drops, while quarterly profit tops expectations

April 16, 2018
Citigroup shares fall the most in a week on Friday as investment banking revenue drops, while quarterly profit tops expectations

Citigroup Inc’s quarterly profit, reported on Friday, outstripped market expectations, supported by stronger performance in its consumer banking division as well as rising revenue from equities trading. However, a 10% slump in revenue at the group’s investment banking business turned out to be a point of concern for investors, which […]

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Facebook shares close higher on Friday, CEO’s compensation rises 54% in 2017 due to higher costs related to personal security

April 16, 2018
Facebook shares close higher on Friday, CEO’s compensation rises 54% in 2017 due to higher costs related to personal security

According to a regulatory filing by Facebook Inc (FB), overall compensation for the company’s Chief Executive Officer Mark Zuckerberg surged 53.5% to $8.9 million last year. 83% of that amount were security-related expenditures, while the remaining funds were mainly associated with the CEO’s use of private aircraft. Facebook shares closed […]

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Delta Air shares gain the most in a week on Thursday, carrier’s first-quarter earnings beat, operating revenue misses estimates

April 13, 2018
Delta Air shares gain the most in a week on Thursday, carrier’s first-quarter earnings beat, operating revenue misses estimates

Shares of Delta Air Lines Inc (DAL) gained the most in a week during the trading session in New York on Thursday, as the carrier’s first-quarter earnings topped Wall Street’s consensus estimate. At the same time, the airline’s total unit revenue rose for a fourth consecutive quarter, supported by strong […]

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Lockheed Martin shares gain for a fourth straight session on Thursday, F-35 jet delivery pause confirmed by US Defense Department

April 13, 2018
Lockheed Martin shares gain for a fourth straight session on Thursday, F-35 jet delivery pause confirmed by US Defense Department

The US Department of Defense was reported to have suspended F-35 jet deliveries from Lockheed Martin Corporation (LMT) due to a contractual dispute related to a production issue fix. Lockheed Martin shares closed higher for a fourth consecutive trading session on Thursday. The stock went up 1.01% ($3.44) to $342.88, […]

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