Ford shares close higher on Monday, SUV boom in the United States may continue, says a top executive

April 11, 2017
Ford shares close higher on Monday, SUV boom in the United States may continue, says a top executive

A top executive from Ford Motor Company (F) said at an April 10th event that sales of sport utility vehicles in the United States may continue to gain momentum. The second largest auto manufacturer in the US also revealed plans to present a renovated 2018 Ford Explorer SUV. Ford shares […]

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United Air shares gain a fourth straight session on Monday, carrier revises up first-quarter flight capacity forecast

April 11, 2017
United Air shares gain a fourth straight session on Monday, carrier revises up first-quarter flight capacity forecast

On April 10th United Continental Holdings Inc (UAL) revised up its first-quarter flight capacity forecast. The carrier now projects capacity to grow 2.6% during the quarter ended on March 31st in comparison with a previous forecast, pointing to a 1-2% growth. United Air shares closed higher for a fourth consecutive […]

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General Motors shares close lower on Friday, company reports record vehicle deliveries in China for March, but quarterly deliveries decrease

April 10, 2017
General Motors shares close lower on Friday, company reports record vehicle deliveries in China for March, but quarterly deliveries decrease

According to a report released on April 7th, General Motors Company (GM) delivered a March record of 345 448 vehicles in China, or 16% more compared to the same month a year earlier. It has been the largest annual growth since August 2016. For the entire first quarter, however, vehicle […]

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Exxon Mobil shares close lower on Friday, 1.3M metric tons of liquefied natural gas per annum to be marketed from Papua New Guinea plant

April 10, 2017
Exxon Mobil shares close lower on Friday, 1.3M metric tons of liquefied natural gas per annum to be marketed from Papua New Guinea plant

According to a statement by an executive from Exxon Mobil Corporation (XOM), the energy giant intends to market 1.3M metric tons of mid-term liquefied natural gas per year from its plant in Papua New Guinea, due to excess production and rising gas reserves. Having an original capacity of 6.9M tons […]

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Nike shares close higher on Thursday, company’s outlook positive, says Barclays

April 7, 2017
Nike shares close higher on Thursday, company’s outlook positive, says Barclays

According to a note by analysts at Barclays PLC, Nike Inc’s (NKE) innovation endeavors are already paying off, with the company’s HyperAdapt 1.0 and Air VaporMax models both performing well. Nike shares closed higher on Thursday, while marking their first gain in the past six trading sessions. The stock edged […]

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Twitter shares retreat a fourth straight session on Thursday, company’s co-founder sells a minority of his shares

April 7, 2017
Twitter shares retreat a fourth straight session on Thursday, company’s co-founder sells a minority of his shares

Twitter’s stock retreated almost 1% during yesterday’s trade, following news in the media that co-founder Ev Williams is selling a minor portion of his shares in the company. Twitter shares closed lower for a fourth consecutive trading session on Thursday. The stock went down 0.96% ($0.14) to $14.39, after touching […]

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Ford shares retreat a fourth straight session on Wednesday, company to introduce plug-in vehicle in China in 2018

April 6, 2017
Ford shares retreat a fourth straight session on Wednesday, company to introduce plug-in vehicle in China in 2018

According to an April 6th statement by Ford Motor Company (F), a plug-in hybrid car is to be introduced in China during 2018, while a fully electric sport-utility vehicle is to be launched during the upcoming five years. Ford shares closed lower for a fourth straight trading session on Wednesday. […]

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JP Morgan Chase shares retreat a fourth straight session on Wednesday, another shareholder vote on leadership to be conducted in May

April 6, 2017
JP Morgan Chase shares retreat a fourth straight session on Wednesday, another shareholder vote on leadership to be conducted in May

According to a proxy statement filed on April 5th, JP Morgan Chase & Co (JPM) shareholders are to vote once again on a proposal, suggesting separation of the Chairman and the Chief Executive roles within the company. The shareholders’ annual meeting is scheduled on May 16th. Meanwhile, a vote on […]

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Exxon Mobil shares gain a second straight session on Tuesday, company said to be planning an expansion in Brazil

April 5, 2017
Exxon Mobil shares gain a second straight session on Tuesday, company said to be planning an expansion in Brazil

According to people with knowledge of the matter, cited by the Wall Street Journal on April 4th, Exxon Mobil Corporation (XOM) is currently in discussions for accessing Brazil’s deep-water oil resources. The largest publicly listed oil company worldwide was also reported to be working in cooperation with oil producer Hess […]

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McDonald’s shares close lower on Tuesday, three new executives appointed at the company’s unit in the United States

April 5, 2017
McDonald’s shares close lower on Tuesday, three new executives appointed at the company’s unit in the United States

According to a statement by McDonald’s Corporation’s (MCD) US unit, Morgan Flatley was appointed as Chief Marketing Officer, Farhan Siddiqi as US Digital executive, while Linda VanGosen was named as the head of US Menu. McDonald’s restaurants in the United States have endured four consecutive years of decreasing traffic. However, […]

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