Walt Disney shares gain for a second straight session on Friday, CEO Iger’s compensation shrinks 17% in fiscal 2017

January 16, 2018
Walt Disney shares gain for a second straight session on Friday, CEO Iger’s compensation shrinks 17% in fiscal 2017

A proxy statement filed on Friday revealed that Walt Disney Chief Executive Bob Iger’s compensation for fiscal 2017 dropped 17% compared to a year ago. Other company executives saw decreases in their total pay as well. Walt Disney shares closed higher for a second consecutive trading session on Friday. The […]

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Ford shares gain for a second straight session on Friday, company to increase investment in electric vehicles to $11 billion by 2022

January 16, 2018
Ford shares gain for a second straight session on Friday, company to increase investment in electric vehicles to $11 billion by 2022

In a speech at the Detroit auto show on Sunday, Ford Motor Co’s Chairman Bill Ford said that investments in electric vehicles would be increased considerably to reach $11 billion by the year 2022. At the same time, the auto maker’s global model lineup is to include 40 electrified vehicles, […]

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CVS shares close lower on Friday, company does not intend to relocate Aetna’s headquarters

January 15, 2018
CVS shares close lower on Friday, company does not intend to relocate Aetna’s headquarters

According to a statement by CVS Health Corp (CVS) on Friday, Aetna Inc’s headquarters will be kept in Connecticut once the $69 billion acquisition of the health insurance company is finalized. Last year Aetna Inc had announced plans to relocate its headquarters to New York during 2018. CVS shares closed […]

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Fiat Chrysler shares close lower in New York on Friday, 162 000 minivans reportedly recalled due to software glitch

January 15, 2018
Fiat Chrysler shares close lower in New York on Friday, 162 000 minivans reportedly recalled due to software glitch

According to a Friday statement by Fiat Chrysler Automobiles NV (FCAU), over 162 000 Chrysler Pacifica minivans manufactured in 2017 are being recalled due to a software glitch that may lead to an engine stall. As of 8:27 GMT on Monday the shares of Fiat Chrysler were gaining 0.10% (EUR […]

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IBM shares gain for an eighth session in a row on Thursday, about a third of company’s Global Technology Services staff to be reassigned

January 12, 2018
IBM shares gain for an eighth session in a row on Thursday, about a third of company’s Global Technology Services staff to be reassigned

According to a Thursday report by technology website The Register, citing unidentified company insiders, about 30% of IBM’s 103 000 employees at its Global Technology Services unit are expected to be reassigned this year. Meanwhile, consultant Bain & Co has been appointed to help review the tech company’s unit. IBM […]

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Ford shares rebound on Thursday, 2 900 pickup owners urged to discontinue driving as company confirms second Takata death

January 12, 2018
Ford shares rebound on Thursday, 2 900 pickup owners urged to discontinue driving as company confirms second Takata death

According to a statement by Ford Motor Company (F) on Thursday, a second death was confirmed in one of its older pickup models resulting from a faulty Takata airbag inflator. Meanwhile, 2 900 pickup owners in North America were reportedly urged by the auto maker to discontinue driving immediately until […]

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Morgan Stanley shares gain for a second session in a row on Wednesday, bank reduces exposure to US stocks, focuses on Europe

January 11, 2018
Morgan Stanley shares gain for a second session in a row on Wednesday, bank reduces exposure to US stocks, focuses on Europe

According to a Wednesday note by Morgan Stanley (MS) strategists, the bank reduced its exposure to the US stock market and focused on European equities, as the recent strong rally observed in the United States suggested rather limited upside in 2018. Morgan Stanley shares closed higher for a second consecutive […]

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Boeing shares touch a fresh all-time high on Wednesday, analysts see more upside for the stock this year

January 11, 2018
Boeing shares touch a fresh all-time high on Wednesday, analysts see more upside for the stock this year

Shares of Boeing Company (BA) extended gains at the start of the new year, one day after the plane maker announced 912 new aircraft orders and the delivery of record 763 jetliners during 2017. This gives a group of analysts a reason to expect more upside for Boeing’s stock in […]

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IBM shares gain for a sixth session in a row on Tuesday, company heads a list of US patent assignees for 25th year

January 10, 2018
IBM shares gain for a sixth session in a row on Tuesday, company heads a list of US patent assignees for 25th year

International Business Machines (IBM) topped a list of patent assignees in the United States for a 25th straight year in 2017, data by analytics firm IFI Claims showed. IBM shares closed higher for a sixth consecutive trading session on Tuesday. The stock edged up 0.22% ($0.36) to $163.83, after touching […]

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Boeing shares hit a fresh all-time high on Tuesday, company delivers 763 jetliners in 2017, likely to outperform rival Airbus

January 10, 2018
Boeing shares hit a fresh all-time high on Tuesday, company delivers 763 jetliners in 2017, likely to outperform rival Airbus

According to a statement by Boeing Company (BA) on Tuesday, 763 jetliners were delivered during the past year, which would likely be enough for the company to retain its leading position in plane manufacturing. Boeing shares closed higher for a third consecutive trading session on Tuesday. The stock went up […]

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