Business News
Wall Street hits fresh record high on trade deal hopes
Wall Street hit fresh record highs on Thursday, as investors cheered signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings reports.
Year: 2019
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Airbus extends lead over Boeing with 415 jet sales in October
Airbus had 415 airplane orders in October, including its largest ever from a single airline, extending a wide lead over Boeing, which has been hit by the grounding of its 737 MAX. The Airbus deals, including a record order for 300 aircraft from India’s IndiGo announced last week, brought the January-October total to 718 aircraft or a net 542 after cancellations. Boeing has reported 170 orders through end-September, the latest period for which data is available, or a net total of 54 after cancellations. …read more […]
Business News
Airbus extends lead over Boeing with 415 jet sales in October
Airbus had 415 airplane orders in October, including its largest ever from a single airline, extending a wide lead over Boeing, which has been hit by the grounding of its 737 MAX.
Business News
EU’s Vestager says Google’s antitrust proposal not helping shopping rivals
Alphabet unit Google’s proposal to create a level playing field for price comparison shopping rivals to stave off fresh fines has not led to more traffic for its competitors, Europe’s antitrust chief said on Thursday.
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Canada’s PharmaCielo Blazes the Trail for Colombian Cannabis Market
An ongoing debate has captured the global cannabis market. We’re all wondering… Will the industry ultimately be worth $200 billion… $500 billion… or – with everything considered – far more than that?
There are dozens of companies battling it out to stake their claims and rise to dominance.
For the past six years, cannabis company PharmaCielo (OTC: PHCEF) has been quietly building out its operations.
Mainstream investors might not recognize the name. But that could soon change.
Because all of the hard work the company has been doing is about to pay off.
PharmaCielo’s corporate headquarters is in Canada. But its medical marijuana grow operations …read more […]
Business News
HSBC warned by British regulator over weak fraud and staff controls
HSBC has been told by the Bank of England to tighten up compliance controls for fraud, staff conduct and other non-financial risks, a source close to the bank said on Thursday.
Business News
Exclusive: Freddie Mac hires McKinsey to review capital as government overhaul begins
Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.
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This Insider Has Just Sold Shares In State Street Corporation (NYSE:STT)
We wouldn’t blame State Street Corporation (NYSE:STT) shareholders if they were a little worried about the fact that… …read more […]
Business News
Exclusive: Beyond Meat eyes production in Asia before the end of 2020
Beyond Meat aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, Executive Chairman Seth Goldman told Reuters.
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Edited Transcript of OPGN earnings conference call or presentation 6-Nov-19 9:30pm GMT
Q3 2019 OpGen Inc Earnings Call …read more […]
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An Intrinsic Calculation For General Dynamics Corporation (NYSE:GD) Suggests It's 21% Undervalued
How far off is General Dynamics Corporation (NYSE:GD) from its intrinsic value? Using the most recent financial data… …read more […]
Business News
Exclusive: Freddie Mac retains McKinsey & Company to consult on capital management
Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.
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Exclusive: Freddie Mac hires McKinsey to review capital as government overhaul begins
Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday. “After a competitive … process, Freddie Mac retained McKinsey to conduct a gap assessment of our capital management capabilities and develop a roadmap to address any issues. This four-month engagement will begin in December,” said a Freddie Mac spokesman in a statement to Reuters. …read more […]
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Mortgage Rates Go Sliding Back for the First Time in Weeks
Rates are moving back toward their recent three-year lows, offering borrowers big savings. …read more […]
Business News
T-Mobile in talks with Sprint on merger, does not rule out lower price
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.