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Boeing Profits Slide in First Quarter as Pandemic Weighs

The Boeing Company (NYSE: BA) stock jumped more than 8 percent Wednesday after it has reported first-quarter financials. The major manufacturer of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch...

Conduent Collaborates with Amazon Web Services to Help Government Improve COVID-19

Conduent Incorporated (NASDAQ: CNDT) announced Thursday that its disease surveillance and outbreak management platform, Maven®, is now available on Amazon Web Services (AWS). According to the Company, the Maven solution was recently configured to...

U.S. Gold Corp. Updated Economics of the Copper King Deposit

U.S. Gold Corp. (NASDAQ: USAU) stock jumped more than 120% Tuesday after the gold exploration company announced that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices.  Mine Development...

Boeing to Suspend Production at its Puget Sound Facilities Due to COVID-19 Pandemic

The Boeing Company (NYSE: BA) is one of the companies that suffered most losses from the COVID-19 pandemic. The stock of the Company fell to about $105 a share (as of Monday) from highs of $315 a share just one month ago. On Friday, the Company...

The Federal Reserve Cuts Rates to Near Zero, Markets Fall

The financial markets in freefall Monday morning after the Federal Reserve announced on Sunday that it slashing interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities. This is an...

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Dow Continues Rally into the New Year

U.S. markets continued to rally heading into New Year on Thursday morning. The Dow Jones Industrial Average was lifted by 170 points or 0.6% shortly before the opening bell on...

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Novartis to Buy The Medicines Co. for USD 9.7 Billion

Swiss pharmaceutical company Novartis AG (NYSE: NVS) on Sunday said it will buy cholesterol-drug maker The Medicines Company (NASDAQ: MDCO) for USD 9.7 Billion. Shares of The Medicines Company shot up about 22% following the news while Novartis’...

Bitcoin Prices Falter on China Crackdown

Bitcoin prices slumped on Friday after China’s central bank launched a crackdown on cryptocurrencies, warning of risks with issuing or trading them, according to Reuters. Bitcoin touched as low as USD 6,929 early morning on Friday, representing a...

Google Stadia to Face Competition from Microsoft, Sony and Amazon

Alphabet Inc. (NASDAQ: GOOG) game streaming platform, Google Stadia, is now out and the reviews seem to have reached a consensus – there is a lot of potential for the future, but right now its just not good enough. It seems that the best game...

Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7% year-over-year to USD 18.67 Billion, beating...

Gold Prices Modestly Gain on Tuesday

Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early morning on Monday, gold erased losses from earlier...

Home Depot Misses Revenue Estimates, Cuts 2019 Outlook

Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted revenue that missed analysts’ targets. The home...