U.S. stock index futures were little changed on Friday, as better-than-expected earnings reports were overshadowed by fresh jitters about the global economy after economic data from China revealed growth slowed to its weakest pace in almost 30 years.
Coca-Cola Co reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee.
Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Tesla Inc’s attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic P/E… …read more […]
Tesla Inc’s attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating. Porsche and U.S.-based Tesla are battling to establish supremacy in lap times for four-door electric sportscars, but comparisons are not exact, as conditions, ranging from car modifications to tyre types, vary with each test. “We want to have circumstances that can be understood and replicated,” said Nuerburgring spokesman Alexander Gerhard, adding that the racing circuit operator had moved to tighten rules …read more […]
Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America. The international markets have been a bright spot for the oilfields service provider since last year as investor pressure to boost returns has forced North American oil and gas producers to spend less on drilling new oil wells. This is the first report under Olivier Le Peuch, who took over as CEO from Paal Kibsgaard in July. …read more […]
Nissan Motor Co’s incoming chief executive Makoto Uchida told employees on Friday that his mission is to “restore business performance and regain trust in Nissan”.
The European Union will impose its own tariffs “in due course” in its WTO dispute over aircraft subsidies after the United States hit EU imports with increased duties related to illegal subsidies for Airbus, EU trade chief Cecilia Malmstrom said on Friday.
A profit warning sent Renault’s shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp global auto industry slowdown.
Every investor in Bausch Health Companies Inc. (NYSE:BHC) should be aware of the most powerful shareholder groups… …read more […]
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on Friday, the latest company to be pinched by weaker global travel.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
A look at the shareholders of Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) can tell us which group is most… …read more […]
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