Netflix shares gain for a second session in a row on Monday, company acquires Millarworld

August 8, 2017
Netflix shares gain for a second session in a row on Monday, company acquires Millarworld

According to an August 7th statement by Netflix Inc (NFLX), it acquired comic book publisher Millarworld, which marked the company’s first acquisition ever. Owned by writer Mark Millar and his wife, Millarworld is to provide Netflix with a number of character franchises for the development of movies, TV series as […]

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AT&T shares gain for a third session in a row on Monday, CBS networks added to DirecTV Now offering

August 8, 2017
AT&T shares gain for a third session in a row on Monday, CBS networks added to DirecTV Now offering

As agreed on by AT&T Inc (T) and CBS, the CBS networks are to be added to the DirecTV Now streaming service. AT&T shares closed higher for a third consecutive trading session on Monday. The stock edged up 0.23% ($0.09) to $38.52, after touching an intraday high at $38.64, or […]

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Tesla shares gain for a third session in a row on Friday, base price of company’s Model X reduced

August 7, 2017
Tesla shares gain for a third session in a row on Friday, base price of company’s Model X reduced

The base price of Tesla Inc’s (TSLA) Model X SUV was reportedly lowered to $79 500, as the company’s overall gross margins improved. At the same time, P100D, or the costliest version of Tesla’s Model X, which delivers the fastest acceleration and a longer range, is now priced at $145 […]

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General Motors shares gain the most in a month on Friday, 800 000 pickups being recalled globally

August 7, 2017
General Motors shares gain the most in a month on Friday, 800 000 pickups being recalled globally

According to documents released to the public on August 4th by the National Highway Traffic Safety Administration, almost 800 000 Chevrolet Silverado 1500 and GMC Sierra 1500 pickups are being recalled by General Motors, due to possible power steering loss. General Motors shares closed higher for the fifth time in […]

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Aetna shares touch a fresh all-time high on Thursday, quarterly earnings beat expectations, full-year forecast revised up

August 4, 2017
Aetna shares touch a fresh all-time high on Thursday, quarterly earnings beat expectations, full-year forecast revised up

Aetna Inc’s second-quarter earnings, reported on August 3rd, outstripped market expectations, as a slump in revenue has been overshadowed by cost efficiency, with the company withdrawing from Affordable Care Act market exchanges. Aetna shares closed higher for a third consecutive trading session on Thursday. It has also been the sharpest […]

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Lockheed Martin shares hit a fresh record high on Thursday, company receives enhanced laser technology contract

August 4, 2017
Lockheed Martin shares hit a fresh record high on Thursday, company receives enhanced laser technology contract

A $26.5 million contract award has reportedly been given to Lockheed Martin Corporation (LMT) by the United States’ Navy in relation with production of Enhanced Laser Guided Training Rounds. Lockheed Martin shares closed higher for a fifth consecutive trading session on Thursday. The stock edged up 0.38% ($1.12) to $295.82, […]

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MetLife shares plunge the most in six months on Thursday, insurer faces $1 billion in charges during third quarter

August 4, 2017
MetLife shares plunge the most in six months on Thursday, insurer faces $1 billion in charges during third quarter

Shares of the largest life insurer in the United States, MetLife Inc (MET), plummeted at the sharpest daily rate in six months during yesterday’s trade, as the company announced expectations of $1 billion in charges during the third quarter associated with the spin-off of Brighthouse Financial, its retail unit in […]

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Apple shares touch a fresh all-time high on Wednesday on upbeat quarterly sales

August 3, 2017
Apple shares touch a fresh all-time high on Wednesday on upbeat quarterly sales

Shares of Apple Inc (AAPL) reached a new record high yesterday, supported by surprisingly strong quarterly sales, while also facilitating a move in the Dow Jones Industrial Average beyond the 22,000 level for the first time in history. Apple shares closed higher for a second consecutive trading session on Wednesday. […]

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JP Morgan Chase shares gain for a third session in a row on Wednesday, holding fined $4.6 million in relation to checking account reports

August 3, 2017
JP Morgan Chase shares gain for a third session in a row on Wednesday, holding fined $4.6 million in relation to checking account reports

According to an August 2nd statement by the US Consumer Financial Protection Bureau, a fine of $4.6 million has been imposed on JP Morgan Chase & Co (JPM) over allegations the bank did not ensure that accurate information had been reflected in checking account screening reports. The screenings are conducted […]

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AMC shares touch an all-time low on Wednesday, as the company warns on second-quarter earnings

August 3, 2017
AMC shares touch an all-time low on Wednesday, as the company warns on second-quarter earnings

Shares of AMC Entertainment Holdings Inc (AMC) plummeted sharply on Wednesday after the media company said it expected a considerable loss during the second quarter. At the same time, cost reduction and revenue-improving efforts are to be initiated. AMC also noted that challenges might continue into the third quarter. Shares […]

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