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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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Tesla to Start Delivers in China

Tesla Inc (NASDAQ: TSLA) claims it will start delivering its first China-produced Model 3 vehicles to the public on January 7th at an event at its Shanghai plant, according to a report by Reuters....

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Staff Picks

Altria Cuts Value of Juul Stake by USD 4.5 Billion

Tobacco giant Altria Group, Inc. (NYSE: MO) on Thursday said it took a USD 4.5 Billion hit from its investment in electronic cigarette maker Juul Labs Inc. amid proposed U.S. bans on e-cigarette flavors and regulatory crackdowns abroad. Altria...

J&J Says 15 Tests Indicate No Asbestos in Baby Powder

Shares of Johnson & Johnson (NYSE: JNJ) opened more than 3% higher on Wednesday after the company reported that 15 new tests from the same bottle of Johnson’s Baby Powder previously tested by the U.S. Food and Drug Administration (FDA) found...

T-Mobile Stock Falls on Earnings Beat, Revenue Miss

Shares of T-Mobile US, Inc. (NASDAQ: TMUS) are down about 1% on Tuesday after the company beat third-quarter earnings expectations but announced revenue that fell shy of estimates. The wireless network operator said net income was USD 870...

GFL Looks to Raise up to USD 2.4 Billion in an IPO

Canadian waste hauler GFL Environmental Inc. plans to raise up to USD 2.4 Billion in an initial public offering, marking one of Canada’s largest-ever IPO’s. The Vaughan, Ontario-based company on Wednesday said it has been approved for listing on...

Snap Tops Q3 Estimates, Falls on Weaker Guidance

Snap Inc. (NYSE: SNAP) reported its third quarter financial results on Tuesday during aftermarket hours. The Company topped analysts’ estimates, but shares fell by 1% during extended trading hours after reporting a weaker-than-expected guidance....