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Home2018October

Month: October 2018

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Business News

Ford appoints new China CEO to revive falling sales

October 24, 2018 admin Comments Off on Ford appoints new China CEO to revive falling sales

Ford Motor Co said on Wednesday it had appointed a new head of its China operations to help turn around flagging sales in the world’s largest auto market and fill a post vacated when the firm’s previous China head abruptly stepped down in January.

…read more […]

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Business News

High panel prices lift South Korea’s LG Display to third-quarter profit

October 24, 2018 admin Comments Off on High panel prices lift South Korea’s LG Display to third-quarter profit

Higher panel prices ahead of the year-end holidays propelled South Korea’s LG Display Co Ltd to a third-quarter profit, although analysts doubt the good times will last.

…read more […]

CEO Interview

CellCube Energy Systems (OTC: CECBF) “$100 Million Sales Pipeline 2019”

October 24, 2018 admin Comments Off on CellCube Energy Systems (OTC: CECBF) “$100 Million Sales Pipeline 2019”

                      CellCube Energy Storage Systems Inc. (CSE: CUBE) (OTC: CECBF) “$100 Million Sales Pipeline 2019” Interview with CEO Mike Neylan discussing commercialization of CellCube’s vanadium […]

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Business News

Union Pacific to cut 475 jobs in first wave of planned reductions

October 24, 2018 admin Comments Off on Union Pacific to cut 475 jobs in first wave of planned reductions

Railroad operator Union Pacific Corp said on Tuesday it would cut 475 employees in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020.

…read more […]

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Business News

Target’s two-day holiday shipping option beats Amazon, Walmart

October 23, 2018 admin Comments Off on Target’s two-day holiday shipping option beats Amazon, Walmart

Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores.

…read more […]

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Business News

For Fed, sell-off could point to fading Trump stimulus

October 23, 2018 admin Comments Off on For Fed, sell-off could point to fading Trump stimulus

A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes.

…read more […]

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Caterpillar tries to allay earnings concerns after shares tank

October 23, 2018 admin Comments Off on Caterpillar tries to allay earnings concerns after shares tank

Caterpillar Inc tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit estimate, a move that investors feared signaled a cap in earnings growth and sparked a sell-off in its shares.

…read more […]

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Business News

Wall St. extends recent fall but ends well off day’s lows

October 23, 2018 admin Comments Off on Wall St. extends recent fall but ends well off day’s lows

U.S. stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended well off the day’s lows as investors snapped up beaten-down shares late in the session.

…read more […]

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DoJ probing AmEx’s foreign exchange international payments unit

October 23, 2018 admin Comments Off on DoJ probing AmEx’s foreign exchange international payments unit

American Express Co has received subpoenas from the U.S. Department of Justice and inquiries from other federal agencies related to its foreign exchange international payments business, the credit card issuer said on Tuesday.

…read more […]

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Business News

Target expands delivery, pickup options ahead of U.S. holiday season

October 23, 2018 admin Comments Off on Target expands delivery, pickup options ahead of U.S. holiday season

Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at a local store.

…read more […]

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Business News

Texas Instruments forecasts lower-than-expected profit, shares fall

October 23, 2018 admin Comments Off on Texas Instruments forecasts lower-than-expected profit, shares fall

Texas Instruments Inc posted smaller-than-expected quarterly revenue on Tuesday and forecast current quarter sales and profit below analysts’ estimates as the chipmaker wrestled with slowing demand for its products.

…read more […]

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Business News

Wall St. ends down while oil tumbles on demand worries

October 23, 2018 admin Comments Off on Wall St. ends down while oil tumbles on demand worries

Wall Street indexes fell in Tuesday’s volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped sharply on demand worries.

…read more […]

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Business News

Texas Instruments quarterly revenue rises 3.5 percent

October 23, 2018 admin Comments Off on Texas Instruments quarterly revenue rises 3.5 percent

Chipmaker Texas Instruments Inc reported a 3.5 percent rise in quarterly revenue on Tuesday as it benefited from higher sales of semiconductors used in cars and industrial machinery.

…read more […]

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Tariffs begin to take bite out of U.S. corporate earnings growth

October 23, 2018 admin Comments Off on Tariffs begin to take bite out of U.S. corporate earnings growth

U.S. company earnings growth is slowing after a bumper start to the year, and the reality of an escalating trade war between two of the world’s largest economies is starting to weigh on companies ranging from Caterpillar Inc to Ford Motor Co .

…read more […]

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Business News

SoftBank’s Son cancels Saudi conference speech: sources

October 23, 2018 admin Comments Off on SoftBank’s Son cancels Saudi conference speech: sources

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom’s investment conference this week, two people familiar with the matter told Reuters.

…read more […]

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