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Edited Transcript of JCP earnings conference call or presentation 16-Aug-18 12:30pm GMT
Q2 2018 J C Penney Company Inc Earnings Call …read more […]
Year: 2018
Business News
SocGen expects around $1.4 billion in U.S. sanctions penalties
France’s Societe Generale expects penalties relating to its dispute with U.S. authorities over international sanctions violations to be close to 1.2 billion euros ($1.4 billion) which would almost entirely be covered by provisions.
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Why Roku, Inc. Stock Gained 31% Last Month
Low-margin set-top boxes are giving way to highly profitable smart TV software packages at the core of Roku’s operating strategy. …read more […]
Business News
SocGen expects U.S. sanctions penalties to be close to 1.2 billion euros
French bank Societe Generale expects penalties related to its dispute with U.S. authorities over international sanctions violations will be close to 1.2 billion euros ($1.39 billion), it said on Monday.
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Former PayPal CEO Brands Bitcoin a ‘Cult’, Trashes Use Cases
Bitcoin believers and enthusiasts beware, you could be unwitting members of a cult if Bill Harris is to be believed. Speaking on CNBC’s Fast Money program, the former CEO of payments services firm PayPal claimed that bitcoin’s supposed advantages are non-existent. “The cult of bitcoin make many claims — that it’s instant, free, scalable, efficient, …read more […]
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Why Amarin Corporation Skyrocketed 23.9% in August
Market-moving data for its only commercial-stage drug is on deck. …read more […]
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One of China's richest men was arrested in the US on sexual misconduct allegations, then left the country (JD)
Liu Qiangdong, the founder and CEO of Chinese e-commerce giant JD.com was arrested in Minneapolis over the weekend. Liu has not been charged with anything, and went back to China afterward. China’s foreign ministry said it is looking into the matter. …read more […]
Business News
Danone CEO to sit on Carrefour’s healthy food advisory committee
Carrefour , Europe’s largest retailer, said on Monday that the head of yogurt maker Danone will sit on a food advisory committee the supermarket group is setting up as it seeks to boost sales of organic products.
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Is China’s $26 Trillion New Silk Road A Debt Trap?
China’s huge $26 trillion Belt and Road project is facing headwinds as Asian and African governments are struggling with mounting debts …read more […]
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Weak pound, higher commodity stocks boost FTSE
The UK’s top share index rose on Monday, starting September on a stronger note as a weaker pound and a bounce across commodity stocks helped British equities outperform continental peers. The blue chip FTSE 100 (.FTSE) index was up 1 percent at 7,504.60 points at its close, while mid caps (.FTMC) were flat in percentage terms. A rise in oil stocks contributed more than 21 points to the FTSE 100, the biggest sectoral boost to the index. …read more […]
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Why DexCom Soared 51.8% in August
Growing demand in the wake of next-generation diabetes devices sparked optimism. …read more […]
Business News
Retailer TFG’s London business may face hit from House of Fraser collapse
South African clothing and homeware retailer The Foschini Group (TFG) said on Monday its London business would be likely to incur some bad debt write-offs as a result of the collapse of House of Fraser.
Business News
Britain’s TSB hit by another IT glitch, angering some customers
Britain’s TSB was hit by another technology glitch on Monday, the latest since a botched IT upgrade in April resulted in one of the country’s worst banking outages.
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3 Stocks the World's Best Investors Are Buying Right Now
Why these billionaire investors are betting on trucking, telecom, and airline stocks. …read more […]
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Saudi Oil Income Could Reach $161B This Year
Saudi Arabia could earn some $30 billion more than budgeted from crude oil sales according to a local financial services provider …read more […]