Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
Read More »Kodak Insider generates $ 116 million in share capital donation to religious charity he started
The wild ride of Eastman Kodak Co. produced what could be the largest contribution on record for a religious nonprofit, the product of a well-timed gift from Kodak board member George Karfunkel. In a securities submission last week, Mr. Karfunkel and his wife, Renee Karfunkel, said they donated 3 million …
Read More »Apple analysts raise price targets as shares Nears $ 2 trillion valuation
Text size Nicholas Asfouri / AFP via Getty Images As Apple approaches a valuation of $ 2 trillion $, analysts continue to ratchet their price targets ahead. Wedbush analyst Dan Ives, who shares one of the more aggressive bulls on Apple (AAPL) shares, on Monday reiterated his Outperform rating and …
Read More »FedEx, UPS shares grow to power Dow transports to 9th straight gain
Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
Read More »Boeing Is the largest contributor to the Dow today. Here’s why.
Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
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