This German 3D printer maker has been establishing its large scale service centers, expanding sales & marketing footprints and focusing on new product innovations to fortify its position in the 3D printing industry. The company believes its planned investments in additional capacity in Europe and new service center in the United States and the United Kingdom should position it to generate higher
After moving sharply higher early in the session, stocks continue to see considerable strength in mid-day trading on Monday. The gains on the day have partly offset the steep drop that was shown by the markets last week.
Lufthansa Officials fear that it may be difficult to trace the second black box of the doomed Germanwings flight that crashed on the Alps with 150 passengers, last week. The airline suspects that the black box might have been badly damaged during the crash, as they could not trace any signals from it. The investigators were able to find the first device-the cockpit voice recorder-earlier.
Former Florida Gov. Jeb Bush has the strongest level of support among Republicans in the race for the GOP presidential nomination, according to a CBS News poll. The poll found that 51 percent of Republicans would consider voting for Bush.
Ford Motor Co. plans to revive the iconic Lincoln Continental name with the introduction of a new flagship Continental luxury sedan this week. The automaker hopes that restoration of the classic name will enable to boost the sale of luxury cars in the U.S. and China, the world's two largest auto markets.
Stocks have moved notably higher in early trading on Monday, regaining some ground following the steep losses posted last week. The major averages are adding to last Friday's modest gains, further offsetting the weakness seen in the four preceding sessions.
Pending home sales in the U.S. increased by much more than expected in the month of February, according to a report released by the National Association of Realtors on Monday, with pending sales jumping to their highest level in twenty months.
Volvo Car Group, the Swedish car maker now owned by Zhejiang Geely Holding Group of China, said it plans to invest $500 million to build a new manufacturing plant in the U.S. Volvo Car, which plans to revive sales in the U.S., said it has drawn up a short list of potential locations.
Apple Inc.'s (AAPL) chief executive Tim Cook, who is openly gay, has lambasted the religious freedom laws as dangerous and discriminatory.
Personal income in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday, although the report also showed that personal spending rose by less than anticipated.
Web hosting company GoDaddy, Inc. is expected to make a market debut later in the week. Its shares are currently expected to be priced on Tuesday and begin trading Wednesday on the New York Stock Exchange under the ticker symbol 'GDDY.'
JetBlue Airways Corp. (JBLU) Monday confirmed a ticketing system outage, which had briefly grounded its flights in the early morning.
Following the substantial weakness seen last week, stocks are likely to move to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 123 points.
OptumRx, the free-standing pharmacy care services business of health insurer UnitedHealth Group, Inc., agreed Monday to acquire pharmacy benefits manager Catamaran Corp. for $61.50 per share in an all-cash deal valued at about 12.8 billion. The deal is expected to be accretive to UnitedHealth Group's net earnings in the area of $0.30 per share in 2016.
Eurozone economic sentiment rose for the fourth successive month to its highest level in nearly four years as lower oil prices, weak euro and measures of the central bank boosted confidence among firms and consumers, survey figures from the European Commission showed Monday. The economic sentiment index climbed more-than-expected to 103.9 from 102.3 in February, which was revised from 102.1.