Stock news

On Monday, Fortescue metals group posted a new record high in profits and dividends. Meantime, its shares climbed up to 6.60% to 21.320. Fortescue is one of the global leaders in the iron ore industry. It has a market capitalization of 61.55 billion and outstanding shares of more than 3 trillion. The Australian miner recorded …

Fortescue Posts a Record High in Profits and Dividends Read More »

Southwest Airlines declined 1.91% to 50.27 as it announced to reduce flights this fall to repair operational problems that disrupted setups this summer. From September 7 to October 6, the company will trim 27 daily flights and reduce 162 flights from October 7 to November 5. It also broadcasted schedule changes for non-holiday periods in …

Southwest Airlines Trades Lower as It Cuts Fall Flights Read More »

Salesforce, which is a cloud-based software provider, announced its robust second-quarter fiscal year 2022 revenue results last August 25. The company stated that this increase is mainly due to its acquisition of Slack, which is a communication platform.  Also, Salesforce benefitted from the work-from-home setup in the coronavirus pandemic era. On Wednesday, August 25, the …

Salesforce Announces Robust Q2 Revenue on Pandemic and Slack Read More »

On Wednesday, August 25, Asia Pacific stocks were mostly up as China’s Shanghai Composite led the gains. Also, the MSCI World Index rallied as the EU and the US climbed. The MSCI All Countries Asia Pacific Index increased 1.93%, with a net gain of $3.74. This sent the stocks above at $197.73 per share. Likewise, …

Asia Pacific Stocks Mostly Up as MSCI World Rallied Read More »