In the past two weeks, a bundle of companies posted strong double-digit gains worth mentioning. Investors kept their long positions in IBM Corp (IMB), Apple Inc (APPL) and technology-related stocks of innovative value.
Uni-Select Inc (UNS:CN) based in Canada reported steady third-quarter financial results in both its 1) automotive and 2) paint and related products businesses. Sales increased 4% to $276.2 million since the previous nine months. Consolidated revenue was offset by net asset sales of the company’s U.S. branch and weaker Canadian dollar.
Uber Technologies Inc, the world’s most valuable private technology company, hired a policy veteran to decide what rules the company would play by across Europe, the Middle East, and Africa. The new vice president of public policy and communications was formerly employed with Snapchat Inc and Alphabet Inc (GOOG).