APR 2, 2019
Rating agency FitchRatings published a ranking of the most profitable companies in the world. SaudiAramco, a national oil company of Saudi Arabia, became the most profitable company in the world in 2018.
MAR 26, 2019
The owner of Levi’s began trading on the New York Stock Exchange on March 21 under the LEVI ticker. Before the IPO began, CNBC sources talked about a possible valuation of the Company at $5 billion.
MAR 14, 2019
Boeing's shares at the opening of trading on the New York Stock Exchange fell by more than 11% to $371.27 per share against the background of crashing the Boeing 737 Max 8 in Ethiopia.
MAR 1, 2019
The quarterly loss of Square, an American financial and technological company, increased by 78%. The shares began to fall in price. Investors are disappointed in the Company’s prospects.
FEB 18, 2019
Legendary Warren Buffett, the Head of Berkshire Hathaway Investment Holding, took advantage of the fall in bank shares to further increase his stake on the financial sector while reducing the giant stake in Apple.
FEB 12, 2019
Reddit, a social service, closed a round of investment in amount of $300 million and reached a valuation of $3 billion
FEB 11, 2019
The price of gold falls on Friday in the morning; this trend lasts for six trading sessions in a row against the background of the continuing the USD strengthening against most world currencies, according to the data of trades and analysts’ comments.
FEB 8, 2019
BB&T, an American financial company, and SunTrustBanks, an American banking holding, will be merged by creating the sixth largest banking holding company in the country, as it is reported in BB&T’s release.
FEB 6, 2019
Alphabet Inc., an American Holding Company owned by Google, made a net profit and revenue in the fourth quarter of 2018 above expectations, but its shares fell down.
FEB 5, 2019
The Net Income of Panasonic Corporation, one of the world’s largest manufacturers of household appliances and electronics, attributable to shareholders, for the first three quarters of 2018-2019 financial year (which completed on December 31) decreased by 13% and amounted to 173.7 billion yen (about $1.6 billion), as was mentioned in a press release.