Ford shares close higher on Friday, Fiesta recall in China postponed because of spare part delivery delay

October 9, 2017
Ford shares close higher on Friday, Fiesta recall in China postponed because of spare part delivery delay

According to a Friday report by the Chinese state media Xinhua, a planned recall of Ford’s Fiesta ST vehicles in the Asian country has been postponed because of spare part delivery delays. Ford shares closed higher for the sixth time in the past eight trading sessions on Friday. The stock […]

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Boeing shares gain the most in three weeks on Thursday, company’s third-quarter deliveries surge 7%

October 6, 2017
Boeing shares gain the most in three weeks on Thursday, company’s third-quarter deliveries surge 7%

According to a statement by Boeing Company (BA) on Thursday, its total plane deliveries surged 7.4% during the third quarter of the year, supported by stronger demand for single-aisle 737 jetliners. The company also received 127 new orders last quarter. Boeing shares closed higher for a second consecutive trading session […]

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Apple shares gain the most in a week on Thursday, company moves closer to opening retail stores in India

October 6, 2017
Apple shares gain the most in a week on Thursday, company moves closer to opening retail stores in India

Apple Inc (AAPL) was reported to be moving closer to opening retail stores and manufacturing units in India, after Chinese smart phone producer Oppo obtained permission to establish single-brand stores of its own in the country. Apple shares closed higher for the fifth time in the past eight trading sessions […]

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Amazon shares gain the most in a week on Wednesday, company approaches Leclerc in relation with logistics partnership

October 5, 2017
Amazon shares gain the most in a week on Wednesday, company approaches Leclerc in relation with logistics partnership

Amazon.com Inc (AMZN) was reported to have approached French supermarket operator Leclerc in relation with a potential logistics partnership. The news came at a time of mounting speculations over what Amazon’s plans in the supermarket industry were. Amazon shares closed higher for the fourth time in the past six trading […]

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NVIDIA shares gain for a fourth session in a row on Wednesday, Barclays revises up its price target for the stock

October 5, 2017
NVIDIA shares gain for a fourth session in a row on Wednesday, Barclays revises up its price target for the stock

Barclays was reported to have revised up its price target for NVIDIA Corporation (NVDA) to $200 from $140 previously due to the early 2018 launch of Volta-based client GPUs. The financial services holding company also kept its “Equal Weight” rating for the stock. NVIDIA shares closed higher for a fourth […]

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General Motors shares gain for a second session in a row on Tuesday, company to incorporate operations outside of China and North America

October 4, 2017
General Motors shares gain for a second session in a row on Tuesday, company to incorporate operations outside of China and North America

Yesterday General Motors Company (GM) said that its operations outside of China and North America would be incorporated into a new entity headquartered in Detroit and headed by Barry Engle, the present GM executive vice president and president of GM South America. He is expected to report to GM President […]

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Delta Air shares gain the most in over 1 year on Tuesday, company reports a 0.3% increase in September traffic

October 4, 2017
Delta Air shares gain the most in over 1 year on Tuesday, company reports a 0.3% increase in September traffic

The second-largest airline in the United States by passenger traffic, Delta Air Lines Inc (DAL), said its total revenue passenger miles (RPMs) rose 0.3% to 17.654 million last month, as domestic and international RPMs went up at one and the same monthly rate. Delta Air shares closed higher for the […]

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Tesla shares gain for a second session in a row on Monday, third-quarter deliveries rise, but Model 3 is faced with “production bottlenecks”

October 3, 2017
Tesla shares gain for a second session in a row on Monday, third-quarter deliveries rise, but Model 3 is faced with “production bottlenecks”

According to a Monday statement by Tesla Inc (TSLA), its third-quarter deliveries grew 4.5% from a year ago, but however, “production bottlenecks” obstructed the planned increase for the company’s Model 3 mass-market sedan. Tesla shares closed higher for a second consecutive trading session on Monday. The stock edged up 0.13% […]

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Facebook shares close lower on Monday, company to hire 1 000 people to review ad buying

October 3, 2017
Facebook shares close lower on Monday, company to hire 1 000 people to review ad buying

According to Seeking Alpha, additional 1 000 people are to be hired by Facebook Inc (FB) to review its ad buying initiatives amid rising public scrutiny over whether the Russian Federation used the social network as a tool to influence the outcome from the elections in the United States as […]

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Citigroup shares gain for a fourth session in a row on Friday, bank applies for broker-dealer license in France

October 2, 2017
Citigroup shares gain for a fourth session in a row on Friday, bank applies for broker-dealer license in France

According to a Friday statement by James Cowles, Citigroup Inc’s (C) Chief Executive Officer for Europe, the Middle East and Africa, the group has applied for a broker-dealer license in France, as Britain prepares to part ways with the EU. Citigroup shares closed higher for a fourth consecutive trading session […]

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