BOEING DIVES AFTER PROBE REPORT INTO FAA APPROVAL OF 737 MAX

March 18, 2019

Boeing stocks are currently trading at 370.29-lower by 2.21% as compared to the previous closing price. Boeing Co. stocks fell today after The Wall Street Journal reported that the Department of Transportation and federal prosecutors were scrutinizing the development of the company’s 737 Max planes. The report also disclosed that the U.S. Transportation Department was probing the Federal Aviation Administration’s approval of the 737 MAX and in particular its anti-stall (MCAS) system. This comes after

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ORACLE’S GUIDANCE MEETS EXPECTATIONS, STOCK FALLS BELOW MA5

March 15, 2019

Oracle stock is currently trading at 52.24-lower by 1.52% as compared to the previous closing price. In the pre-market trading session, the stock was trading lower by 3.68%. The stock has pared some of its losses after the opening bell. The company on Thursday reported earnings for the fiscal third quarter that beat the market expectation. The company also issued a forecast that was in line with the analysts’ estimates. Oracle generated an EPS (excluding

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GENERAL ELECTRIC STOCKS RISE AFTER IT ISSUED 2019 OUTLOOK

March 14, 2019

General Electric stocks are currently trading at 10.44-higher by 4.24% as compared to the previous closing price. The stock was trading higher by 3.49% in the pre-market trading session. The stock has continued rising after the opening bell. The company told investors earlier today that the company expects 2019 earnings to be below the market expectation as it continues to be plagued by problems in its power business. General Electric expects 2019 adjusted earnings between

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GOLDMAN SACHS RISES ON REPORTS OF OPENING UP A SECRETIVE INVESTING GROUP

March 13, 2019

Goldman Sachs stocks are currently trading at 198.62-higher by 1% as compared to the previous closing price. The Wall Street Journal reported on Tuesday that the company is planning to open up an internal go-anywhere investing group to outsiders. The newspaper further reported that firm’s special situations group plans to raise outside money. Goldman is considering combining the group with the firm’s merchant bank, which makes private equity investments, the Journal said. SSG invests the

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MICROSOFT SUES FOXCONN PARENT HON HAI; STOCK ABOVE MA5

March 12, 2019

Microsoft Corp. stocks are currently trading at 113.80-higher by 0.83% as compared to the previous closing price. The tech giant is taking legal action against Foxconn parent Hon Hai, after the Taiwanese consumer-electronics manufacturer allegedly failed to abide by a 2013 patent-licensing agreement. The company filed the suit on Friday in the U.S. District Court for the Northern District of California, accusing Foxconn of failing to provide twice-yearly royalty reports concerning certain unspecified products and

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