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28 January
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Bank of Canada slows down rate hikes
The Bank of Canada unexpectedly slowed its pace of rate amid fears that the economy is flirting with a recession.
27 October 2022
Boeing's recovery from losses in its defense business will take a long time
On Wednesday, Boeing Co. warned about the extended time for its recovery from a disastrous crisis in security and economics.
27 October 2022
Pivotal Research: Netflix stock is attractive amid slowing digital advertising growth
On Wednesday, Pivotal Research increased its target price for Netflix stock almost twice from the previous price, raising it from $200 to $375, and gave a buy rating. According to analysts at Pivotal Research, Netflix is quite attractive to investors at the moment.
27 October 2022
What to expect from McDonald’s quarterly report
On Thursday, McDonald's is expected to release its earnings report for the third quarter of 2022 before the opening of trading.
27 October 2022
Boeing reports unexpected losses on troubled Air Force One program
On Wednesday, Boeing announced it would spend additional $766 million in costs on the deal for new Air Force One aircrafts negotiated in 2018. Under this agreement, the company will build two new presidential aircrafts.
27 October 2022
Ford and Volkswagen are leaving the Argo AI automated vehicle project
Once again, the roadmap for self-driving cars will be rewritten, and this time by Ford Motor Co. and Volkswagen AG.
27 October 2022
The ruble wins back losses in view of MinFin’s OFZ bond auctions
According to Reuters, the ruble was able to recoup earlier losses due to recent events. This result was facilitated by the Ministry of Finance auctions on placement of treasury bonds, as well as the retreat of the basic Russian stock index from more than a month high.
27 October 2022
Harley’s results exceeded expectations due to the motorcycle shipment growth
On Wednesday, Harley-Davidson Inc announced its higher-than-expected earnings for the 3rd quarter. As a result, the company’s stock has grown, also spurred by increased consumer demand for some popular motorcycle models, as well as by the rise in prices during the summer season.
27 October 2022
Merck CEO will take charge of the company’s chairman
On Wednesday, the company Merck & Co announced that Ken Frazier leaves the post of chairman. He will be replaced by Chief Executive Officer Rob Davis, who has taken on extra responsibilities on December 1.
27 October 2022
Alphabet's quarterly results are disappointing
Until recently, Alphabet could please the bulls with reports of high, above-expected sales and income levels, however, it didn’t last long.
27 October 2022
