Market Watch

Intercontinental Exchange Upgraded by RBC

Intercontinental Exchange Upgraded by RBC

July 13, 2017 at 12:21 pm 0 comments

Intercontinental Exchange received an investment-rating upgrade Thursday from RBC Capital Markets, which said it was becoming more optimistic for the exchange operator’s Q1 derivatives momentum to be sustained. The firm also raised its price target on Intercontinental Exchange’s shares, lifting the target to $70 per share from $65. This moves the target above the stock’s Wednesday closing price of $65.87Read More

Delta Air Lines Expands Boston Service

Delta Air Lines Expands Boston Service

July 6, 2017 at 12:09 pm 0 comments

Delta Air Lines said Thursday will operate twice-daily nonstop flights from Boston to Pittsburgh beginning on Oct. 1, and a seasonal service from Boston to New Orleans starting on Feb. 10, 2018 through April 1, 2018. The airline also plans to expand certain flights to West Palm Beach, Fort Myers and Ft. Lauderdale, Florida and to certain Caribbean destinations toRead More

Microsoft Shares Lower

Microsoft Shares Lower

July 3, 2017 at 11:23 am 0 comments

Microsoft dipped after additional details to a report by Puget Sound Business Journal last week about the company’s plans to reorganize included thousands of layoffs for the company worldwide, reports said. The restructuring is to reorganize its salesforce and is set to include an organizational merger that involves its enterprise customer unit and one or more of its SME-focused divisions,Read More

Savara to Join Russell Microcap Index

Savara to Join Russell Microcap Index

June 20, 2017 at 3:05 pm 0 comments

Savara Inc. said early Tuesday it will join the Russell Microcap Index at the conclusion of the Russell indexes annual reconstitution, effective at U.S. market open on June 26. Membership in the Russell Microcap Index, which remains in place for one year, provides automatic inclusion in the appropriate growth and value style indexes, the company said in a press release.Read More