Trading Ideas
Microsoft caps off a fine fiscal year seemingly without any major missteps in its last quarter
Microsoft is capping off a rather impressive year without any major missteps …read more […]
Year: 2018
Business News
Microsoft quarterly results beat as cloud revenue soars
Microsoft Corp on Thursday reported quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.
Trading Ideas
Instagram adds a status indicator dot so people know when you're ignoring them
In a blog post today, Instagram announced a new feature: a green status dot …read more […]
Trading Ideas
Microsoft's earnings beat expectations as cloud business booms
Microsoft is scheduled to report Q4 2018 earnings after the bell. …read more […]
Business News
Wall Street falls on sour earnings, trade fears
U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States.
Business News
Kimberly-Clark weighs sale of European tissues business: sources
Kimberly-Clark Corp is exploring a sale of its European tissue business, as it tries to slash costs and combat slowing sales by exiting less profitable areas, according to people familiar with the matter.
Business News
Blackstone seeks to boost assets with new fundraising ‘super cycle’
Blackstone Group LP , the world’s largest manager of assets such as private equity and real estate, is kicking off a fundraising “super cycle” which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday.
Business News
Wall Street dips on weak earnings, renewed trade jitters
U.S. stocks slipped on Thursday after earnings disappointed and trade jitters intensified on fears that the European Union could slap retaliatory tariffs on goods imported from the United States.
Business News
Sinclair ‘did not fully disclose facts’ on Tribune merger – FCC
Sinclair Broadcast Group Inc “did not fully disclose facts” about aspects of its $3.9 billion acquisition of Tribune Media , the U.S. Federal Communications Commission said in an order released on Thursday that referred the issue to an administrative law judge for a hearing.
Business News
Dollar pulls back after Trump comments, world stocks dip
The U.S. dollar pulled back from year-high levels on Thursday against a basket of major currencies, while U.S. Treasury yields briefly fell to session lows after U.S. President Donald Trump expressed concerns about interest rate hikes and the strong dollar.
Trading Ideas
AP Photos: Weeks later, Hawaii volcano gushes on
A tour boat accident has drawn renewed attention to Hawaii’s Kilauea volcano, but for Big Island residents the erupting lava has been an ever-present force for more than two months. Molten rock is blasting … …read more […]
Trading Ideas
Boeing wins air show as Airbus gets boost from AirAsia
Boeing (BA.N) claimed victory on Thursday after outselling rival Airbus (AIR.PA) at this week’s Farnborough Airshow, where the world’s largest planemakers repeated last year’s comparable haul of around 900 orders with the help of leasing industry demand. The world’s largest planemaker said it had won 528 orders and commitments at the event in southern England, while Airbus reported 431 new deals, or 371 excluding the recently acquired Bombardier CSeries, now rebranded A220. Airbus blamed the incognito wave on trade tensions that had made some firms nervous about appearing to side with the United States or other economic powers …read more […]
Business News
Exclusive: Tesla’s battery maker suspends cobalt supplier amid sanctions concern
Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.
Business News
All Britain’s Poundworld stores to close: administrator
All British discount retailer Poundworld’s stores will close by the middle of next month with the loss of thousands of jobs, the company’s administrator Deloitte announced on Thursday.
Business News
Tesla says Model 3 refunds not outpacing deposits
Tesla Inc denied on Thursday that refunds of bookings of its Model 3 sedan were now outpacing reservations, responding to a report earlier in the day by a Wall Street brokerage citing channel checks on the electric carmaker.