Companies reporting earnings this week: Jan 14 – 18
A slew of major companies are reporting earnings this week. The third largest US bank, Citigroup (C) will announce fourth-quarter…
Apple is introducing three new iPhones but is that enough?
Apple Inc. (AAPL) is coming up with three new iPhones in 2019, and one of them will be an XR…
GM to take on Tesla in the EV market with Cadillac brand
Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday.…
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook…
Weight Watchers stock plunges to yearly low
Weight Watchers International Inc. (WTW) stock plunged to a yearly low of $31.58 on Friday as a weak start to…
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares…
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time…
A quick look at analyst recommendations on Netflix (NFLX) stock
Netflix (NFLX) on Friday received a major fillip after two analysts upgraded the stock with positive commentary. Shares jumped almost…
Accenture chief executive Pierre Nanterme resigns on health grounds
Accenture's (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David…
Ironman Triathlon organizer Wanda eyes $500 million US IPO
Dalian Wanda Group, a Chinese multinational conglomerate with businesses ranging from property development to cinemas, has confidentially filed for the…