Investors had braced themselves for the bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed on Friday when both power companies reported second-quarter results that showed sharp declining sales and losses amid economic destruction caused by the coronavirus. Exxon XOM, -0.58% reported an adjusted loss …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »AstraZeneca reports strong gains and progress from the vaccine. The stock is going up.
Text size fake pictures Shares of AstraZeneca rose on Thursday as new drug sales helped the British pharmaceutical giant exceed expectations in the second quarter. Late-stage trials for its experimental coronavirus vaccine, developed with the University of Oxford, have also begun in the UK, Brazil and South Africa, the company …
Read More »Apple shares top $ 400 in strong quarterly earnings and division 4 for 1
Apple shares soared to an all-time high in after-hours trading, crossing the $ 400 level for the first time, after the company released second-quarter results that crushed Street estimates, and announced a stock split. 4 for 1. Apple (AAPL) reported revenue for its fiscal third quarter ended June 30 of …
Read More »Johnson & Johnson begins trial of one-dose Covid-19 vaccine
Text size Johnson & Johnson became the third western biopharmaceutical company to start a new test of its Covid-19 vaccine this week, but with one difference: in a surprise announcement Thursday morning, the company said it would test its vaccine in a format single dose. Moderna (MRNA) and Pfizer (PFE) …
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