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High West Capital Partners
High West Capital Partners to Establish Taiwan Equity Base
Following on from increased partnership growth in the Asian equities market, High West Capital Partners is now establishing a foothold in Taiwan.
High West Capital Partners Announced Today Their Plans To Further Expand Their Structured Liquidity Solutions Offered To Investors In Pakistan
Karachi, Pakistan–(BUSINESS WIRE)– High West Capital Partners working with borrowers in Pakistan to provide needed funding.
Legg Mason Asset Management (Japan) Co., Ltd. Buys Citigroup Inc, Take-Two Interactive …
Via Google Alert - stocks japan: The stock is now traded at around $63.620000. The impact to a portfolio due to this purchase was 1.32%. The holding were 21,626 shares as of 2020-12 ... The stock is now traded at around $63.620000. The impact to a portfolio due to...
Stocks in Australia little changed; multiple major markets in Asia closed for holidays
Via Google Alert - stocks japan: The Japanese yen traded at 104.63 per dollar, still stronger than levels above 105.2 against the greenback seen early this week. The Australian dollar ... The Japanese yen traded at 104.63 per dollar, still stronger than levels above...
Japan stocks climb
Via Google Alert - stocks japan: TOKYO: Japanese stocks ended higher in choppy trading on Wednesday after positive earnings from market bellwethers Toyota and Honda ... TOKYO: Japanese stocks ended higher in choppy trading on Wednesday after positive earnings from...
Little Movement Anticipated For Thai Stock Market
Stocks saw some strength in afternoon trading as Federal Reserve Chair Jerome Powell appeared to express support for more stimulus, as he said ...
SF Holding to buy KLN stake
Kerry Express notified the Stock Exchange of Thailand of SF Holding's ... SF Holding is the biggest logistics delivery provider in China with a market ...
Thailand’s PTTEP announces largest-ever gas discovery in Malaysia
Homepage · News Back Latest News Companies Markets Economy & Forex Commodities Interest Rates · Analysis Back All Analysis Must Read ...
Vietnam grew faster than China last year and UBS says its economy still has ‘huge potential’
The Vietnamese stock market is also seeing strong growth and is on track to become bigger than the Philippines in terms of market capitalization ...
EMERGING MARKETS-Philippine shares climb ahead of c.bank meeting; Malaysia muted before …
Trade was subdued before the Lunar New Year, with stock markets in Vietnam and Taiwan already closed for the holidays. China will enter a ...
PRESS RELEASE : FUCHS strengthens presence in Vietnam through joint venture
In addition, FUCHS strengthens its presence in the Cambodian market, ... changes in procurement prices, changes in exchange rates and interest ...
Myanmar coup latest: Group of police officers joins protest in Kayah
12:00 p.m. In the capital, Naypyitaw, hundreds of government workers march in ... 10:00 a.m. Yangon Stock Exchange resumes trading after a two-day ...
Prepared Flour Mixes Market Trend Analysis and Market Share and Forecast, 2020 – 2026
Prepared Flour Mixes Market Trend Analysis and Market Share and ... Pondan Pangan Makmur, Vinh Thuan, Interflour, CJ Foods Milling Vietnam LLC, ...
Toyota's Super Bowl Ad Was Inspiration Porn
"It might not be easy, but it'll be amazing," said Jessica Long's mother at the end of the 60-second Toyota Super Bowl spot. Then the voiceover: "We believe there is hope and st
Hong Kong stocks end sharply higher
Hong Kong stocks closed on a strong note Wednesday, building on a recent rally fuelled by hopes for an easing of containment measures as coronavirus infection rates slow and vaccines are rolled out
Tokyo stocks edge up on sound earnings
Tokyo stocks closed marginally higher on Wednesday.Stocks had opened lower as selling pressure hit the market, with investors locking in profits following
U.S. Stock Futures Fall on Tech Outlook Concerns: Markets Wrap, , on October 30, 2020 at 3:30 am
(Bloomberg) -- Fresh concerns about the outlook for technology giants dragged U.S. equity futures lower, while Asian stocks also slipped on Friday. The dollar gave back some of its advance from the prior session.Japanese shares fell over 1%, with declines more modest...
Apple Tumbles After IPhone Sales Miss, China Drops 29%, , on October 29, 2020 at 10:03 pm
(Bloomberg) -- Apple Inc. shares fell more than 5% after the company reported iPhone sales that missed Wall Street estimates and said revenue in China slumped.The company gave no forecast for the key holiday quarter, disappointing some analysts who were hoping for...
Twitter reports Q3 earnings, , on October 29, 2020 at 9:56 pm
Twitter reported Q3 earnings on Thursday, surpassing analyst expectations, but coming in under in user growth. The Final Round breaks down the numbers., Twitter reported Q3 earnings on Thursday, surpassing analyst expectations, but coming in under in user growth. The...
Namaste Technologies Reports Third Quarter 2020 Financial Results, , on October 29, 2020 at 9:46 pm
~Company reports a 49% Q3 year-over-year increase in net revenue for 2020 third quarter revenue~TORONTO, Oct. 29, 2020 /CNW/ - Namaste Technologies Inc., ~Company reports a 49% Q3 year-over-year increase in net revenue for 2020 third quarter revenue~TORONTO, Oct. 29,...
Apple Q4 earnings beat expectations but sees decline in sales in China, , on October 29, 2020 at 9:44 pm
Apple reported fiscal fourth-quarter earnings after market close on Thursday that topped expectations, with sales from the company’s services offerings and Mac computers hitting quarterly records., Apple reported fiscal fourth-quarter earnings after market close on...
Alphabet posts quarterly beat on revenue, EPS, , on October 29, 2020 at 9:34 pm
Google parent Alphabet reported Q3 earnings that topped the Street's expectations. The tech company posted $16.40 EPS and $38.01B in revenue, outperforming consensus estimates of $11.42 EPS and $35.35B in revenue. The company’s quarterly results come after the Justice...
Facebook Q3 beats, forecasts ‘significant amount of uncertainty’ in 2021, , on October 29, 2020 at 9:28 pm
Facebook’s third quarter earnings report beat investor expectations on top and bottom lines after hours on Thursday. The platform saw 12% growth in both daily and monthly active users across its platforms year over year, as consumers around the world spent more time...
Amazon beats estimates with stellar third-quarter earnings, , on October 29, 2020 at 9:07 pm
Amazon Inc released its third quarter earnings report after hours on Thursday, which blew investor expectations out of the park, with strong beats on earnings per share and revenue. The company saw its net sales increase 37% year over year to $96.1 billion and its...
Weak iPhone sales pull down Apple shares, , on October 29, 2020 at 8:33 pm
Despite those delays, Apple has mostly beaten sales expectations this year and released a slew of new products and services that its customers have embraced while largely homebound during the pandemic. Apple said revenue and profits for the fiscal fourth quarter ended...
Apple sales beat driven by Macs and Watches, CEO ‘optimistic’ about 5G iPhone sales, , on October 29, 2020 at 8:30 pm
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Facebook Sees 22% Ad Revenue Growth As It Beats Expectations In Third Quarter, , on October 29, 2020 at 8:25 pm
Facebook's ad revenue rose 22% in the third quarter, as it beat analyst expectations of earnings growth. The company on Thursday reported net income of $7.8 billion in the three months ended September 30, a rise of 29% from the same period a year earlier. That...
Amazon posts Q3 earnings that blow away estimates; COVID-19 effect boosts sales, , on October 29, 2020 at 8:22 pm
The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. , The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. ,
Amazon forecasts jump in holiday sales – and pandemic costs, , on October 29, 2020 at 8:14 pm
Since the start of the virus outbreak in the United States eight months ago, consumers have turned increasingly to Amazon for delivery of groceries, home goods and medical supplies. Brick-and-mortar shops closed their doors; Amazon by contrast moved to recruit over...
Tech Q3 Earnings: Facebook, Google, Amazon Post Strong Revenue and Profit Gains, , on October 29, 2020 at 8:12 pm
Big tech companies continue to prosper in the time of COVID. Facebook, Alphabet (Google's parent) and Amazon each reported solid growth for the third quarter of 2020 — results that reflect how people worldwide have upped their usage of internet giants' services during...
Activision Blizzard blows out Q3 2020 expectations with ‘Call of Duty’ leading the way, , on October 29, 2020 at 8:05 pm
Activision Blizzard blew out analysts' Q3 expectations on continued strength from its 'Call of Duty' franchise., Activision Blizzard blew out analysts' Q3 expectations on continued strength from its 'Call of Duty' franchise.,
Netflix pops on price hikes, , on October 29, 2020 at 7:52 pm
Netflix shares saw a pop on Thursday after the company announced that some price hikes for its plans for U.S. subscribers according to the Verge. Yahoo Finance’s The Final Round panel breaks down the latest from the streaming company., Netflix shares saw a pop on...
10 Best High Dividend Stocks To Buy Now, , on October 29, 2020 at 7:48 pm
In this article we present the list of 10 best high dividend stocks to buy now. Click to skip ahead and see the top 5 high dividend stocks to buy. We are going to be in a low interest rate environment for the foreseeable future. We aren’t going to get into the details...
Earnings rundown: Pinterest, Spotify, Shopify, , on October 29, 2020 at 7:43 pm
Yahoo Finance’s Myles Udland and The Final Round panel break down some of the most notable earning news., Yahoo Finance’s Myles Udland and The Final Round panel break down some of the most notable earning news.,
Netflix Raises Price of Standard Monthly Plan in U.S. to $14 per Month, , on October 29, 2020 at 7:28 pm
Here comes another price hike for Netflix customers in the U.S.: The streaming giant will hike the price of the Standard two-stream HD plan, its most popular package, by about 8% -- going from $12.99 per month to $13.99. In addition, Netflix's Premium tier (with four...
Amazon reports Q3 earnings as coronavirus effect keeps people at home and shopping, , on October 29, 2020 at 7:15 pm
The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. , The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. ,
Fauci says first U.S. COVID-19 vaccines could ship late December or early January, , on October 29, 2020 at 6:36 pm
If all goes well, the first doses of a safe and effective coronavirus vaccine will likely become available to some high-risk Americans in late December or early January, Dr. Anthony Fauci, the top U.S. infectious diseases expert, said on Thursday. Based on current...
Have Insiders Been Buying Verizon Communications Inc. (NYSE:VZ) Shares?, , on October 29, 2020 at 6:19 pm
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are..., We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...,
3 High-Yield Dividend Stocks Offering at Least 8%; Analysts Say ‘Buy’, , on October 29, 2020 at 6:15 pm
America goes to the polls on Tuesday (well, actually, America has been early voting for a few weeks, now), and while Democrat Joe Biden has a solid lead in the polls, there is some of evidence that President Trump may still win a second term. Finally, with all of the...
Royal Caribbean sails further off course, posts rare negative revenue, , on October 29, 2020 at 5:35 pm
Third-quarter revenue was negative $33.7 million, a rare event for an S&P 500 company, as it reversed previously recorded income from refunds and cancellations. "It's been almost 7 months since we paused our cruise operations, and every single day has been...
Sea Limited (NYSE:SE): When Will It Breakeven?, , on October 29, 2020 at 5:19 pm
Sea Limited (NYSE:SE) is possibly approaching a major achievement in its business, so we would like to shine some..., Sea Limited (NYSE:SE) is possibly approaching a major achievement in its business, so we would like to shine some...,
Will Quidel (NASDAQ:QDEL) Become A Multi-Bagger?, , on October 29, 2020 at 4:51 pm
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach..., Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...,
Exxon to Cut 14,000 From Global Workforce After Energy Slump, , on October 29, 2020 at 4:46 pm
(Bloomberg) -- Exxon Mobil Corp. will slash its global workforce by 15% over the next two years, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.The cuts will include 1,900 U.S. jobs, mostly in Houston, as well as...
The Sherwin-Williams Company Just Beat Earnings Expectations: Here’s What Analysts Think Will Happen Next, , on October 29, 2020 at 4:28 pm
The Sherwin-Williams Company (NYSE:SHW) last week reported its latest third-quarter results, which makes it a good..., The Sherwin-Williams Company (NYSE:SHW) last week reported its latest third-quarter results, which makes it a good...,
Alibaba Adds Three More Days to Singles’ Day Sale, , on October 29, 2020 at 4:24 pm
New format to include two separate shopping windows, spaced more than one week apart, for customers to ring up their purchases., New format to include two separate shopping windows, spaced more than one week apart, for customers to ring up their purchases.,
Big tech reports earnings today, here’s what you should expect, , on October 29, 2020 at 4:17 pm
Big tech companies Apple, Amazon, Facebook, Twitter and Alphabet are all set to report earnings after the bell. TECHnalysis Research President and Chief Analyst Bob O'Donnell joins the On the Move panel to discuss., Big tech companies Apple, Amazon, Facebook, Twitter...
Why experts on both political sides say Biden’s corporate tax proposal is ‘problematic’, , on October 29, 2020 at 3:38 pm
Many tax experts say Biden's planned minimum 15% tax on book income is a bad idea., Many tax experts say Biden's planned minimum 15% tax on book income is a bad idea.,
The Renasant Corporation (NASDAQ:RNST) Third-Quarter Results Are Out And Analysts Have Published New Forecasts, , on October 29, 2020 at 3:26 pm
Renasant Corporation (NASDAQ:RNST) investors will be delighted, with the company turning in some strong numbers with..., Renasant Corporation (NASDAQ:RNST) investors will be delighted, with the company turning in some strong numbers with...,
Were Hedge Funds Right About Getting Out Of Altria Group Inc (MO)?, , on October 29, 2020 at 3:12 pm
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years....
Is ImmunoGen’s (NASDAQ:IMGN) Share Price Gain Of 127% Well Earned?, , on October 29, 2020 at 2:58 pm
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right..., The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right...,
All Eyes on FAANG Stocks Ahead of Earnings; JPMorgan Says ‘Buy’, , on October 29, 2020 at 2:55 pm
Between the ongoing corona crisis and the upcoming elections, the markets are plagued by uncertainty – the one thing that really gets investors worried. Uncertainty puts a cloud over the market’s likely course, making it difficult to find the stocks that will bring in...
An Intrinsic Calculation For Herc Holdings Inc. (NYSE:HRI) Suggests It’s 28% Undervalued, , on October 29, 2020 at 2:48 pm
Does the October share price for Herc Holdings Inc. (NYSE:HRI) reflect what it's really worth? Today, we will estimate..., Does the October share price for Herc Holdings Inc. (NYSE:HRI) reflect what it's really worth? Today, we will estimate...,
Exxon Mobil’s fading star: no longer the biggest U.S. energy company, , on October 29, 2020 at 2:47 pm
It has been an ignominious year for Exxon. Exxon cut employees and project spending, but has stuck by plans to continue paying a dividend that costs nearly $15 billion per year. Exxon currently has a massive dividend yield of 10%, in large part due to the share price...
Should You Take Comfort From Insider Transactions At Helmerich & Payne, Inc. (NYSE:HP)?, , on October 29, 2020 at 2:35 pm
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are..., We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...,
Boeing Brings Bond Sale on Heels of Downgrade to Junk’s Edge, , on October 29, 2020 at 2:05 pm
(Bloomberg) -- Boeing Co. is selling new bonds to help repay nearly $3 billion of debt, announcing the sale just minutes after a downgrade to the company’s credit rating.The planemaker is issuing unsecured notes in four parts, according to a filing Thursday morning in...
Earnings Tell The Story For Enphase Energy, Inc. (NASDAQ:ENPH) As Its Stock Soars 27%, , on October 29, 2020 at 1:54 pm
Enphase Energy, Inc. (NASDAQ:ENPH) shares have continued their recent momentum with a 27% gain in the last month..., Enphase Energy, Inc. (NASDAQ:ENPH) shares have continued their recent momentum with a 27% gain in the last month...,
Earnings Beat: Merck & Co., Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models, , on October 29, 2020 at 1:08 pm
Merck & Co., Inc. (NYSE:MRK) just released its quarterly report and things are looking bullish. It was overall a..., Merck & Co., Inc. (NYSE:MRK) just released its quarterly report and things are looking bullish. It was overall a...,
3M Company Just Beat Earnings Expectations: Here’s What Analysts Think Will Happen Next, , on October 29, 2020 at 1:03 pm
Shareholders might have noticed that 3M Company (NYSE:MMM) filed its third-quarter result this time last week. The..., Shareholders might have noticed that 3M Company (NYSE:MMM) filed its third-quarter result this time last week. The...,
Analysts’ Revenue Estimates For Bridge Bancorp, Inc. (NASDAQ:BDGE) Are Surging Higher, , on October 29, 2020 at 12:53 pm
Celebrations may be in order for Bridge Bancorp, Inc. (NASDAQ:BDGE) shareholders, with the analysts delivering a..., Celebrations may be in order for Bridge Bancorp, Inc. (NASDAQ:BDGE) shareholders, with the analysts delivering a...,
Did The Underlying Business Drive CRISPR Therapeutics’ (NASDAQ:CRSP) Lovely 407% Share Price Gain?, , on October 29, 2020 at 12:51 pm
Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. But when you..., Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. But when you...,
Jobless claims: Fewer workers than expected sought new benefits as COVID-19 surges, , on October 29, 2020 at 12:48 pm
More workers are filing for unemployment benefits amid a surge of COVID-19 cases that is jeopardizing a rebound., More workers are filing for unemployment benefits amid a surge of COVID-19 cases that is jeopardizing a rebound.,
What Type Of Shareholders Own The Most Number of Bloom Energy Corporation (NYSE:BE) Shares?, , on October 29, 2020 at 12:47 pm
Every investor in Bloom Energy Corporation (NYSE:BE) should be aware of the most powerful shareholder groups..., Every investor in Bloom Energy Corporation (NYSE:BE) should be aware of the most powerful shareholder groups...,
Results: K12 Inc. Exceeded Expectations And The Consensus Lifted This Year’s Outlook, , on October 29, 2020 at 12:43 pm
K12 Inc. (NYSE:LRN) shareholders are probably feeling a little disappointed, since its shares fell 4.9% to US$27.08 in..., K12 Inc. (NYSE:LRN) shareholders are probably feeling a little disappointed, since its shares fell 4.9% to US$27.08 in...,
Sundial Growers to Announce Third Quarter 2020 Financial Results on November 11, 2020, , on October 29, 2020 at 12:30 pm
CALGARY, AB, Oct. 29, 2020 /CNW/ - Sundial Growers (Nasdaq: SNDL) ("Sundial") announced today that it will release its financial results for the third quarter ended September 30, 2020 after market close on November 11, 2020., CALGARY, AB, Oct. 29, 2020 /CNW/ - Sundial...
Akamai Technologies, Inc. Just Beat EPS By 17%: Here’s What Analysts Think Will Happen Next, , on October 29, 2020 at 12:20 pm
Akamai Technologies, Inc. (NASDAQ:AKAM) defied analyst predictions to release its quarterly results, which were ahead..., Akamai Technologies, Inc. (NASDAQ:AKAM) defied analyst predictions to release its quarterly results, which were ahead...,
Clean Energy Fuels (NASDAQ:CLNE) Share Prices Have Dropped 57% In The Last Five Years, , on October 29, 2020 at 12:11 pm
We think intelligent long term investing is the way to go. But that doesn't mean long term investors can avoid big..., We think intelligent long term investing is the way to go. But that doesn't mean long term investors can avoid big...,
DexCom, Inc. Just Recorded A 58% EPS Beat: Here’s What Analysts Are Forecasting Next, , on October 29, 2020 at 12:10 pm
DexCom, Inc. (NASDAQ:DXCM) just released its quarterly report and things are looking bullish. It was overall a..., DexCom, Inc. (NASDAQ:DXCM) just released its quarterly report and things are looking bullish. It was overall a...,
LVMH and Tiffany kiss and make up over takeover dispute, , on October 29, 2020 at 12:01 pm
The French luxury brand will pay less to buy the US jeweller, ending a bitter dispute over the deal., The French luxury brand will pay less to buy the US jeweller, ending a bitter dispute over the deal.,
How Biden’s retirement plans could save small business workers, , on October 29, 2020 at 12:00 pm
If Joe Biden wins 401(K) plans could be in for a major shake-up – one that could benefit tens of millions of AmericansThe 401(K) retirement plan has proved an extremely popular – and cost-effective – retirement benefit that’s provided by millions of small business...
ConocoPhillips posts smaller-than-expected loss as oil prices recover, , on October 29, 2020 at 11:21 am
Crude prices began recovering in the third quarter after a number of countries started easing their months-long cornonavirus-led lockdowns, which had slammed fuel demand and forced many oil companies to merge for survival. Excluding curtailments and other items,...
Tesla plans to open about 52 new service centers in 2021: Electrek, , on October 29, 2020 at 11:19 am
Last week, analysts at Brokerage RBC noted that Tesla's investment in service and quality has not been enough to keep up with its increasing sales and has the potential to damage the brand. "Service could be particularly important as Tesla continues to try to expand...
Is Advanced Micro Devices (NASDAQ:AMD) Using Too Much Debt?, , on October 29, 2020 at 11:12 am
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the..., David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...,
Analyst Estimates: Here’s What Brokers Think Of FireEye, Inc. (NASDAQ:FEYE) After Its Third-Quarter Report, , on October 29, 2020 at 11:12 am
FireEye, Inc. (NASDAQ:FEYE) came out with its quarterly results last week, and we wanted to see how the business is..., FireEye, Inc. (NASDAQ:FEYE) came out with its quarterly results last week, and we wanted to see how the business is...,
Marvell to buy Inphi in $10 billion chip deal to bolster data center, 5G business, , on October 29, 2020 at 11:07 am
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Bausch Health To Reduce Debt By $150 Million Using Cash Generated From Operations, , on October 29, 2020 at 11:00 am
LAVAL, Quebec, Oct. 29, 2020 /CNW/ -- Bausch Health Companies Inc., LAVAL, Quebec, Oct. 29, 2020 /CNW/ -- Bausch Health Companies Inc.,
Have Insiders Been Buying AGNC Investment Corp. (NASDAQ:AGNC) Shares This Year?, , on October 29, 2020 at 10:54 am
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is..., We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...,
Here comes the best GDP report on record*: Morning Brief, , on October 29, 2020 at 10:25 am
Top news and what to watch in the markets on Thursday, October 29, 2020., Top news and what to watch in the markets on Thursday, October 29, 2020.,
Apple earnings preview: All eyes on smartphone outlook after iPhone 12 debut, , on October 29, 2020 at 9:02 am
Apple is set to report fiscal fourth-quarter earnings after market close on Thursday., Apple is set to report fiscal fourth-quarter earnings after market close on Thursday.,
Cruise Lines Lobby Trump’s White House to End No-Sail Order, , on October 29, 2020 at 9:00 am
(Bloomberg) -- The world’s biggest cruise lines have roughly doubled the number of lobbyists they’re dispatching to congressional offices and several federal agencies this year. But as they try to resume sailing from U.S. ports, one of their most effective targets has...
Shell raises dividend as retail boost drives confidence, , on October 29, 2020 at 8:31 am
Royal Dutch Shell on Thursday raised its dividend after easily beating quarterly profit forecasts and outlined plans to shrink its oil and gas operations as it presses forward with a transition to low-carbon energy. The Anglo-Dutch company hit record earnings from its...
Shell Raises Dividend as Profit Beats Expectations, , on October 29, 2020 at 7:53 am
(Bloomberg) -- Royal Dutch Shell Plc raised its dividend and pledged to grow the payout steadily, just six months after slashing it for the first time since the Second World War.Amid a painful year for Big Oil, the Anglo-Dutch energy giant offered investors some good...
Panasonic second-quarter profit beats estimates on boost from Tesla battery business, , on October 29, 2020 at 7:29 am
Panasonic Corp reported an 11% increase in second-quarter operating profit on Thursday, beating analyst estimates, helped by solid performance from its Tesla Inc battery business. Panasonic, the main battery cell supplier for Tesla Inc, posted profit of 92.8 billion...
Oil Holds Near Four-Week Low After Plunging on Resurgent Virus, , on October 29, 2020 at 7:19 am
(Bloomberg) -- Oil held near a four-week low after a surge in European virus cases and a bigger-than-expected jump in American crude stockpiles pushed prices down by the most in almost two months in the previous session.Futures in New York were steady near $37 a...
Nokia cuts full-year profit forecast, sets new strategy, , on October 29, 2020 at 6:32 am
Nokia cut its full-year profit forecast on Thursday even as the telecom network equipment maker's quarterly underlying profit met expectations in its first earnings under new CEO Pekka Lundmark. The Finnish firm also announced a new strategy under which it will have...
Rising costs weigh on AB InBev despite higher beer sales, , on October 29, 2020 at 6:28 am
Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped on Thursday as the shift to drinking at home pushed up its costs. The maker of Budweiser, Stella Artois and Corona lagers enjoyed a surprise rise in sales...
Stocks Drop in Asia; U.S., Europe Futures Recover: Markets Wrap, , on October 29, 2020 at 5:15 am
(Bloomberg) -- Asian stocks dropped Thursday after shares tumbled in the U.S. and Europe, as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic. U.S. futures rebounded from the worst of the overnight...
Central Banks Sell Gold for First Time in a Decade, , on October 29, 2020 at 5:00 am
(Bloomberg) -- Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.Net sales totaled 12.1 tons of bullion in the third quarter, compared with purchases...
Britain expects verdict on Pfizer’s COVID-19 vaccine before AstraZeneca’s – Times, , on October 29, 2020 at 4:06 am
Britain believes that the vaccine, which Pfizer is co-developing with Germany's BioNTech SE , could be ready to distribute before Christmas, the report said. Pfizer's Chief Executive Albert Bourla has previously said the company could release data on whether or not...
Gilead cuts 2020 sales outlook as COVID-19 drug remdesivir falls short, , on October 29, 2020 at 4:00 am
Remdesivir brought in $873 million in the quarter, below analysts' estimates of $960 million, according to Refinitiv IBES data. Gilead Chief Commercial Officer Johanna Mercier said that although the United States saw a surge in COVID-19 cases over the summer, many...
Oil Market Faces Iran Shock If Biden Win Points to Nuclear Deal, , on October 29, 2020 at 4:00 am
(Bloomberg) -- For fragile oil markets, the outcome of next week’s U.S. election poses yet another risk: the prospect that major producer Iran may regain its role in international trade.Challenger Joe Biden, leading in most polls, has signaled he’ll seek to bring Iran...
Aurora Cannabis (ACB): Prepare for More Dilution Yet Again, , on October 29, 2020 at 3:28 am
More dilution could be on the way for beleaguered shareholders of Aurora Cannabis (ACB). The company gave note of a preliminary prospectus, which over the next 25 months authorizes the Canadian cannabis player to issue up to US$500 million in securities. The...
Samsung Warns of Weaker Outlook Even as Profit Beats, , on October 29, 2020 at 3:19 am
(Bloomberg) -- Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profit beat will ease amid intensifying competition and weakening demand.The world’s...
Taiwan’s UMC to Aid U.S. Pursuit of Chinese Firm for Theft, , on October 29, 2020 at 3:15 am
(Bloomberg) -- Taiwan’s United Microelectronics Corp. pledged “substantial assistance” to the U.S. in a high-profile trade-secrets prosecution of Chinese chipmaker Fujian Jinhua Integrated Circuit Co.UMC pleaded guilty Wednesday in San Francisco federal court in a...
Buy Twilio Stock. It’s Well Positioned for Sustained Success, Says 5-Star Analyst, , on October 29, 2020 at 3:05 am
Twilio (TWLO) has been one of 2020’s success stories. Shares have more than tripled as the cloud communications specialist has made the most of the pandemic necessitating a shift toward remote work.In Q3, revenue increased by 51.8% to $448 million, beating consensus...
Is SAP Stock a Buy Right Now? This Is What You Need to Know, , on October 29, 2020 at 2:35 am
The market can be a brutal place -- just ask SAP (SAP). The German software giant’s share price nosedived by 27% this week, its sharpest drop in 12 years, after COVID-19 impacted Q3 results and inflicted cuts on the firm’s full year guidance.SAP reported Q3 revenue of...
Marvell Nears Deal to Acquire Inphi for $10 Billion, , on October 29, 2020 at 2:13 am
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U.S. Stock Futures Rebound After Worst Selloff in Four Months, , on October 29, 2020 at 1:44 am
(Bloomberg) -- U.S. stock futures climbed as investors looked for positive catalysts after concern over coronavirus infections and tougher lockdowns Wednesday spurred the market’s worst decline in more than four months.S&P 500 futures contracts expiring in...
Nvidia targets Arm’s customer network, CEO tells SoftBank’s Son, , on October 29, 2020 at 12:54 am
The chief executive of Nvidia Corp said his planned acquisition of Arm from SoftBank Group Corp cost an "arm and a leg," but that the chip designer's valuable network of customers made it worthwhile. Japanese tech conglomerate SoftBank announced in September it would...
New Jersey Refinery Becomes Latest Casualty of Collapse in Fuel Demand, , on October 29, 2020 at 12:13 am
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