NXP Semiconductors followed Qualcomm Inc in announcing share buybacks worth billions of dollars on Thursday as the companies sought to compensate investors for the collapse of their $44 billon merger due to Chinese opposition.
McDonald’s Corp topped global same-restaurant sales estimates for the second quarter on Thursday, with strength in international markets helping offset weakness in the United States.
Here’s a wrap of the top analyst opinions on Facebook’s earnings results. …read more […]
Facebook saw a decline in monthly active users for the first time in its history. It’s a big deal because the decline was in Europe, which has just introduced the strict new GDPR privacy regulation. It shows that regulation is capable of curtailing Facebook’s massive growth and capping its revenue. …read more […]
MasterCard Inc , the world’s second-largest payments processor, reported a 33 percent rise in quarterly profit as customers spent more using its network on the back of a strengthening U.S. economy.
McDonald’s Corp topped Wall Street estimates with a 4 percent growth in quarterly sales at its established restaurants globally on Thursday, as customers flocked at its outlets for value menu offerings.
Music streaming leader Spotify’s paid subscribers rose 10 percent in the second quarter, it said on Thursday, as it races to stay ahead of mounting competition from Apple Music , especially in the U.S. market.
A $150 billion slump in Facebook shares set the tech-heavy Nasdaq on track to shed more than 100 points at the open on Thursday, while S&P and Dow futures got a boost from signs the United States and the European Union will negotiate on trade.
Celgene Corp topped Wall Street estimates for quarterly profit on Thursday, helped by higher demand for its blockbuster cancer drug Revlimid, and the U.S. drugmaker raised its full-year earnings forecast. … …read more […]
Jean-Claude Juncker was hailed as a hero by European business on Thursday for making Donald Trump blink and withdraw a threat to slap punitive import tariffs on EU cars and so escalate a transatlantic trade war.
Music streaming leader Spotify on Thursday reported results mostly in line with forecasts, as the number of paid subscribers rose 10 percent over the last three months, but revenue growth was slowed by new European data privacy rules.
Daimler unveiled a new corporate structure on Thursday designed to give its trucks, mobility services and Mercedes-Benz car division greater scope to chase growth in an era when carmakers prepare to launch fleets of autonomous cars.
Comcast Corp on Thursday said it shed more cable TV subscribers than the previous year, but beat Wall Street estimates for quarterly profit as it gained more high-speed internet customers.
German Economy Minister Peter Altmaier said on Thursday he was hopeful that trade talks between the United States and the European Union would yield a good outcome after the two sides agreed to move to ease the threat of a transatlantic trade war.
France welcomes EU trade discussions with Washington but does not want to enter into a wide-ranging negotiation and feels any deal should be reciprocal, Finance Minister Bruno Le Maire said on Thursday.
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