Newsroom
PRESS RELEASES | FINANCIAL NEWS
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
, ,
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
, ,
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
, ,
Ford Posts Strong Third-Quarter Earnings, Sees 2020 Profit, , on October 28, 2020 at 11:44 pm
(Bloomberg) -- Ford Motor Co., riding a wave of momentum from new models and new management, handily beat expectations with third-quarter earnings that outran the economic effects of the coronavirus pandemic.Fueled by strong sales of pricey pickups, Ford posted...
3 “Perfect 10” Stocks to Weather the Market Storm, , on October 28, 2020 at 11:26 pm
After a period of cooling off its impact on the markets, fear of the coronavirus played havoc on Wall Street again today. Consequentially, the tech heavy Nasdaq had its worst day since early September, dropping by almost 4%. In times like these, a more comprehensive...
Instant Quote
Singapore
168 Robinson Road,
Capital Tower, Singapore 068912
+65 3105 1295
Taiwan
5th Floor, No. 1-8, Section 5, Zhongxiao East Road, Taipei
Hong Kong
R91, 3rd Floor,
Eton Tower, 8 Hysan Ave.
Causeway Bay, Hong Kong
+852 3002 4462
Australia
44 Martin Place, Sydney 2000 Australia
+02 8319 3232
Indonesia
Millennium Centennial Center, 38th Floor, Jl. Jend. Sudirman Kav. 25
Jakarta 12920, Indonesia