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Home2019April

Month: April 2019

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Business News

Corona, Modelo beers drive Constellation beat, wines leave a stain

April 4, 2019 admin Comments Off on Corona, Modelo beers drive Constellation beat, wines leave a stain

Constellation Brands Inc on Thursday reported quarterly sales and profit that beat Wall Street forecasts, benefiting from new beer launches in its Corona and Modelo brands, though wine sales struggled.

…read more […]

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Business News

Factbox: What we know about Boeing 737 MAX crashes and what comes next

April 4, 2019 admin Comments Off on Factbox: What we know about Boeing 737 MAX crashes and what comes next

More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in five months in Ethiopia and Indonesia killed nearly 350 people.

…read more […]

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Business News

Brent oil resumes climb to $70 on tightening global supply

April 4, 2019 admin Comments Off on Brent oil resumes climb to $70 on tightening global supply

Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production.

…read more […]

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Business News

Factbox: What we know about Boeing 737 MAX crash and what comes next

April 4, 2019 admin Comments Off on Factbox: What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in five months in Ethiopia and Indonesia killed nearly 350 people.

…read more […]

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Business News

Wall Street opens flat as growth worries linger, trade talks in focus

April 4, 2019 admin Comments Off on Wall Street opens flat as growth worries linger, trade talks in focus

U.S. stocks opened flat on Thursday following a recent run of gains, as lack of fresh developments on trade talks with China and worries about global economic growth kept risk appetite in check.

…read more […]

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Business News

U.S. weekly jobless claims fall to lowest level since 1969

April 4, 2019 admin Comments Off on U.S. weekly jobless claims fall to lowest level since 1969

The number of Americans filing applications for unemployment benefits fell to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.

…read more […]

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Business News

U.S. weekly jobless claims lowest since 1969

April 4, 2019 admin Comments Off on U.S. weekly jobless claims lowest since 1969

The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.

…read more […]

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Trump says U.S. economy strong despite ‘destructive actions’ by Fed

April 4, 2019 admin Comments Off on Trump says U.S. economy strong despite ‘destructive actions’ by Fed

President Donald Trump on Thursday said the U.S. economy was very strong despite what he said were “unnecessary and destructive actions” taken by the U.S. Federal Reserve, his latest attack on the nation’s independent central bank.

…read more […]

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Business News

Tesla shares skid after first-quarter deliveries disappoint

April 4, 2019 admin Comments Off on Tesla shares skid after first-quarter deliveries disappoint

Tesla Inc shares fell more than 8 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S and X vehicles, added to worries about the electric carmaker’s finances.

…read more […]

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Business News

Constellation tops sales, profit estimates on Corona, Modelo strength

April 4, 2019 admin Comments Off on Constellation tops sales, profit estimates on Corona, Modelo strength

Constellation Brands Inc on Thursday reported quarterly sales and profit well above analysts’ estimates, as the brewer sold more of its popular Corona and Modelo beers, sending its shares up about 3 percent before the bell.

…read more […]

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Business News

Brent oil resumes climb to $70 on tightening supply

April 4, 2019 admin Comments Off on Brent oil resumes climb to $70 on tightening supply

Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production.

…read more […]

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Business News

Brewer Constellation tops Wall Street estimates for sales

April 4, 2019 admin Comments Off on Brewer Constellation tops Wall Street estimates for sales

Constellation Brands Inc on Thursday reported quarterly sales well above analysts’ estimates, as its popular beer brands Corona and Modelo performed well.

…read more […]

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Business News

Rage within the machine: Brexit headline blizzard overloads FX algos

April 4, 2019 admin Comments Off on Rage within the machine: Brexit headline blizzard overloads FX algos

Brexit is so confusing it’s even confounding the robots.

…read more […]

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Business News

JPMorgan expects first-quarter net interest income to be flat

April 4, 2019 admin Comments Off on JPMorgan expects first-quarter net interest income to be flat

JPMorgan Chase & Co said on Thursday its first-quarter net interest income will likely be flat compared with the prior quarter.

…read more […]

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Business News

Ethiopia urges Boeing to review controls, backs pilots

April 4, 2019 admin Comments Off on Ethiopia urges Boeing to review controls, backs pilots

Ethiopian investigators urged Boeing to review its flight control system and said pilots of state carrier Ethiopian Airlines had carried out proper procedures in the first official findings on the crash of a 737 MAX jet that killed 157 people.

…read more […]

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