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Home2018October

Month: October 2018

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Business News

Anthem profit beats as insurer reins in costs

October 31, 2018 admin Comments Off on Anthem profit beats as insurer reins in costs

Anthem Inc reported quarterly profit that beat Wall Street estimates on Wednesday, helped by lower costs at its commercial insurance business and the company raised its full-year adjusted earnings forecast.

…read more […]

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GM profit tops estimates, sees strong full year

October 31, 2018 admin Comments Off on GM profit tops estimates, sees strong full year

General Motors Co on Wednesday posted far stronger-than-expected quarterly profit and said its full-year earnings forecast would come in at the high end of its forecast due to strong demand in North America.

…read more […]

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Honda and GAC Group to build $430 million Chinese plant for new-energy cars

October 31, 2018 admin Comments Off on Honda and GAC Group to build $430 million Chinese plant for new-energy cars

Honda Motor Co’s joint venture with GAC Group will invest 3.27 billion yuan ($469 million) in new-energy vehicle production in China, GAC said in a stock exchange filing on Wednesday.

…read more […]

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Yum Brands quarterly revenue beats estimates

October 31, 2018 admin Comments Off on Yum Brands quarterly revenue beats estimates

Yum Brands Inc’s third-quarter revenue beat Wall Street estimates on Wednesday, as more people visited its KFC and Taco Bell chains.

…read more […]

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How the U.S. midterm elections could ripple through markets

October 31, 2018 admin Comments Off on How the U.S. midterm elections could ripple through markets

Gridlock, Blue Sweep or Red Repeat? Wall Street is closely watching the U.S. midterm Congressional elections next week, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results.

…read more […]

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Anthem quarterly profit beats estimates, raises 2018 forecast

October 31, 2018 admin Comments Off on Anthem quarterly profit beats estimates, raises 2018 forecast

Anthem Inc reported quarterly profit that topped analysts’ estimates on Wednesday on lower medical costs and the No.2 U.S. health insurer raised its full-year adjusted earnings forecast.

…read more […]

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SoftBank hires Time Warner executive as global communications head

October 31, 2018 admin Comments Off on SoftBank hires Time Warner executive as global communications head

SoftBank Group Corp has hired a Time Warner executive and former lawyer in the Clinton administration to spearhead its global communications strategy as the company transforms into one of the world’s largest technology investors.

…read more […]

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Carlyle reports 25 cents for third-quarter earnings per unit, misses forecast

October 31, 2018 admin Comments Off on Carlyle reports 25 cents for third-quarter earnings per unit, misses forecast

Alternative asset manager Carlyle Group LP on Wednesday missed estimates for earnings per unit for the third quarter, as the value of its private equity investments rose less than that one of its key rivals.

…read more […]

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Shares bounce as bulls fight back at end of brutal October

October 31, 2018 admin Comments Off on Shares bounce as bulls fight back at end of brutal October

Stock markets bounced higher on Wednesday, bringing some relief after a brutal October in which equities have suffered one of their worst drops in a decade and spooked investor confidence.

…read more […]

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Siemens goes back to its roots with 600 million euro Berlin investment

October 31, 2018 admin Comments Off on Siemens goes back to its roots with 600 million euro Berlin investment

Siemens went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital.

…read more […]

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Ailing EV maker Faraday Future co-founder Nick Sampson quits

October 31, 2018 admin Comments Off on Ailing EV maker Faraday Future co-founder Nick Sampson quits

Faraday Future co-founder Nick Sampson has quit his executive post at the Chinese electric vehicle developer, the latest blow to the troubled company that said it was experiencing “extraordinary financial hardship.”

…read more […]

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Siemens to invest up to 600 million euros in Berlin

October 31, 2018 admin Comments Off on Siemens to invest up to 600 million euros in Berlin

Siemens went back to its roots on Wednesday when it announced an investment of up to 600 million euros ($681 million) in Berlin to make part of the German capital into an industrial and technology hub.

…read more […]

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Ford, Baidu to start self-driving road tests in China

October 31, 2018 admin Comments Off on Ford, Baidu to start self-driving road tests in China

Ford Motor Co and Baidu Inc launched a two-year project on Wednesday to test self-driving vehicles on Chinese roads, amid a global race by carmakers and internet firms to develop autonomous vehicle technology.

…read more […]

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Airbus says tougher to meet jet delivery goal after snags

October 31, 2018 admin Comments Off on Airbus says tougher to meet jet delivery goal after snags

European planemaker Airbus softened its key target for jet deliveries on Wednesday and warned reaching it would be a “greater stretch” after a sequence of industrial problems.

…read more […]

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Asia stocks rise at end of grim October, on track for worst month since 2011

October 31, 2018 admin Comments Off on Asia stocks rise at end of grim October, on track for worst month since 2011

Asian stocks clawed up from 20-month lows on Wednesday amid pledges by China to support its markets, but investor confidence was brittle after equity markets bled trillions of dollars in a grim October.

…read more […]

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Next Super Stock SNOW LAKE ENERGY (NASDAQ: LITM) CEO Frank Wheatley discusses the companies massive “District Scale” uranium projects in Wyoming, and Namibia

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