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  • [ May 23, 2025 ] Next Super Stock Lottery.com (NASDAQ: LTRY) +10X Upside Potential Building Top Online Brands CEO Interview
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Home2018August

Month: August 2018

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Business News

Activists renew call for structural change as Thyssenkrupp lowers guidance

August 1, 2018 admin Comments Off on Activists renew call for structural change as Thyssenkrupp lowers guidance

Activist investors Cevian and Elliott have renewed calls for structural changes at ThyssenKrupp after the German industrial conglomerate cut its earnings guidance late on Tuesday.

…read more […]

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Scolding from Chinese state media dampens Apple’s earnings cheer

August 1, 2018 admin Comments Off on Scolding from Chinese state media dampens Apple’s earnings cheer

Apple Inc may have just notched up its fourth straight quarter of double-digit revenue growth in China but the shine quickly came off that stellar performance as Chinese state media stepped up a tirade of criticism against the smartphone giant.

…read more […]

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Business News

Samsung borrows from Chinese playbook in battle for India’s smartphone market

August 1, 2018 admin Comments Off on Samsung borrows from Chinese playbook in battle for India’s smartphone market

Sometimes keeping ahead of the game means learning some tricks from rivals – a strategy Samsung Electronics Co Ltd hasn’t been too proud to adopt in India where Xiaomi Corp and other Chinese brands have made hefty inroads.

…read more […]

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Business News

Auto suppliers retool to chase electric vehicle bonanza

August 1, 2018 admin Comments Off on Auto suppliers retool to chase electric vehicle bonanza

In what seems to be a magic trick, Dele Fayemi runs a batch of batteries in a beaker of boiling water – a physical impossibility that should cause a short circuit.

…read more […]

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Apple shares set to move higher as glossy forecast highlights future demand

August 1, 2018 admin Comments Off on Apple shares set to move higher as glossy forecast highlights future demand

Shares of Apple Inc are inching closer to a $1 trillion valuation, after the company forecast blowout current-quarter sales and analysts on Wednesday said a September launch of new iPhones set the stage for sustained growth.

…read more […]

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Sprint profit beats on strong wireless growth

August 1, 2018 admin Comments Off on Sprint profit beats on strong wireless growth

Sprint Corp on Wednesday topped analysts’ estimates for quarterly profit, helped by surprise growth in wireless subscribers in a tightly contested phone market.

…read more […]

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Business News

Skills shortage makes it harder for VW to meet new rules of the road

August 1, 2018 admin Comments Off on Skills shortage makes it harder for VW to meet new rules of the road

Volkswagen warned that a shortage of engineers is hampering efforts to get its cars to meet new anti-pollution rules, clouding its sales outlook and overshadowing a forecast-beating 23 percent rise in underlying operating profit.

…read more […]

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VW CEO says anti-pollution rules may hit profits, car sales

August 1, 2018 admin Comments Off on VW CEO says anti-pollution rules may hit profits, car sales

Volkswagen Group’s Chief Executive Herbert Diess warned that new anti-pollution tests pose a risk to the carmaker’s profit targets.

…read more […]

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S&P futures little changed as trade woes offset Apple’s boost

August 1, 2018 admin Comments Off on S&P futures little changed as trade woes offset Apple’s boost

S&P futures were little changed on Wednesday as Apple’s stellar results helped stem concerns over the future growth of the tech sector, but fears of an escalating tariff war between the United States and China capped gains.

…read more […]

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Global stocks slip, dollar rises as trade war fears hound markets

August 1, 2018 admin Comments Off on Global stocks slip, dollar rises as trade war fears hound markets

World stocks fell and the dollar strengthened on Wednesday due to fears of an imminent escalation in the U.S.-China tariff war, although strong corporate earnings eased investor concerns about a recent sell-off in the tech sector.

…read more […]

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Sprint profit falls 16 percent

August 1, 2018 admin Comments Off on Sprint profit falls 16 percent

U.S. wireless carrier Sprint Corp on Wednesday reported a 16 percent fall in first-quarter profit, as it ramped up spending to attract more subscribers.

…read more […]

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Wells Fargo finds efficiency target elusive as revenue slips

August 1, 2018 admin Comments Off on Wells Fargo finds efficiency target elusive as revenue slips

With Wells Fargo & Co’s revenue slumping and no clear end in sight for sales scandal-related costs, analysts have pushed back predictions for when the bank’s closely watched efficiency ratio will return to pre-scandal levels.

…read more […]

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Ferrari confirms guidance as new CEO takes the wheel

August 1, 2018 admin Comments Off on Ferrari confirms guidance as new CEO takes the wheel

Ferrari reported a 7 percent rise in second-quarter adjusted core earnings and confirmed its outlook for the year as a new boss takes charge at the Italian supercar maker following the death of Sergio Marchionne.

…read more […]

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Global factory growth slowing; China-U.S. trade war biting

August 1, 2018 admin Comments Off on Global factory growth slowing; China-U.S. trade war biting

Factory growth stuttered across the world in July, heightening concerns about the global economic outlook as an intensifying trade conflict between the United States and China sent shudders through trading partners.

…read more […]

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Google plans censored version of search engine in China: The Intercept

August 1, 2018 admin Comments Off on Google plans censored version of search engine in China: The Intercept

Alphabet Inc’s Google is planning a censored version of its search engine for China that will block websites and certain search terms, The Intercept reported on Wednesday citing internal Google documents and people familiar with the plans.

…read more […]

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