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Tag Archives: reported

Fiat Chrysler and Peugeot reach deal to merge

DETROIT – From Daimler-Chrysler to Fiat Chrysler, the former American automaker Chrysler Corp. has gallivanted around the world to find partners to assist in its growth or help keep it afloat. It now has its sights set on Peugeot maker PSA Group. Both the French carmaker and Fiat Chrysler on …

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Why Fitbit Stock Popped (Again) Today

What happened After soaring more than 30% on Monday following a reported acquisition offer by Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), shares of Fitbit (NYSE:FIT) climbed another 7.3% Tuesday amid speculation over both the exact price of the offer and other prospective suitors for the wearable device specialist. So what For perspective, yesterday’s pop …

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As Walt Disney Co (DIS) Market Valuation Rose, Shareholder Fca Upped Stake; As Devon Energy New (DVN) Share Value Declined, Shareholder Stonebridge Capital Management Decreased Its Position by $399700

Stonebridge Capital Management Inc decreased its stake in Devon Energy Corp New (DVN) by 29.74% based on its latest 2019Q2 regulatory filing with the SEC. Stonebridge Capital Management Inc sold 14,275 shares as the company’s stock declined 15.20% . The institutional investor held 33,725 shares of the oil gas production …

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Stock Market News for Oct 25, 2019

Mostly positive earnings results on Thursday helped the SP 500 and the Nasdaq end in the green. However, 3M’s not so encouraging performance adversely impacted the Dow. September’s decline in new orders for manufactured goods also dented investors’ sentiment. The Dow Jones Industrial Average (DJI) dropped 0.1% to close at …

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Ford Cuts Guidance Again, but Earnings Weren’t That Bad

Photograph by Maja Hitij/Getty Images Ford Motor reported solid third-quarter earnings Wednesday evening. Comparable per-share earnings—net of special charges—came in at 34 cents, a little better than 2018 and a little better than Wall Street predicted. Shares, however, dipped in after-hours trading because the company cut full-year guidance for the …

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GM Strike Negotiations in ‘Home Stretch’? Banks Weigh In

General Motors stock has been on a downtrend since UAW called for a strike on September 16.According to the latest developments, final negotiations might be close between the workers and GM’s management.Morgan Stanley and Bank of America weighed in on the impact of the strike on GM. While MS believes …

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