Trading Ideas
Why Electricité de France S.A.’s (EPA:EDF) Return On Capital Employed Looks Uninspiring
Today we’ll evaluate Electricité de France S.A. (EPA:EDF) to determine whether it could have potential as an… …read more […]
Year: 2019
Business News
Risk rally hits pause button as markets await trade signals
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade talks.
Trading Ideas
Mitsubishi Motors Slashes Profit Outlook by $550 Million
(Bloomberg) — Mitsubishi Motors Corp. slashed its annual profit and sales outlook, becoming the latest Japanese automaker hit by sputtering global demand and a stronger yen.Operating profit for the fiscal year through March 2020 will be 30 billion yen ($275 million) instead of 90 billion yen, the company said in a statement Wednesday, citing decreases in wholesale volumes and the impact of currency swings that erode income brought home. The revenue outlook for the period was cut 5% to 2.45 trillion yen.The gloomy outlook underscores the challenges facing other Japanese carmakers, including Toyota Motor Corp., which reports results Thursday, as …read more […]
Business News
SoftBank’s Son humbled after Vision Fund’s $8.9 billion loss
SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion hit at its giant Vision Fund and marking a rare, humbling moment for CEO Masayoshi Son over his backing of troubled startup WeWork.
Trading Ideas
Edited Transcript of RESN earnings conference call or presentation 5-Nov-19 9:30pm GMT
Q3 2019 Resonant Inc Earnings Call …read more […]
Trading Ideas
German chemicals industry sees no reason for optimism after Q3 revenues drop
German chemicals association VCI on Wednesday said it saw no positive signals for the chemical industry after reporting a 2.4% drop in third-quarter revenues, citing a weakening auto market, a drop in domestic orders and sluggish global growth. “The situation for the chemical industry is not easy,” VCI President Hans Van Bylen said. Production in the chemical and pharmaceutical industries, which are significant contributors to Germany’s gross domestic product, fell 0.6% in the third quarter of the year, VCI said, adding that falling prices weighed on third-quarter revenues. …read more […]
Trading Ideas
Dialog Semiconductor’s Relationship With Apple Remains Strong, Says CEO
Nov.06 — Jalal Bagherli, chief executive officer at Dialog Semiconductor, discusses 3Q earnings, their relationship with Apple, the pipeline for M&A and how the U.S.-China trade tension are impacting his business. He speaks exclusively on “Bloomberg Daybreak: Europe.” …read more […]
Trading Ideas
Is Legal & General Group Plc's (LON:LGEN) ROE Of 21% Impressive?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]
Business News
Oil falls after three-day rally on larger-than-expected U.S. crude build
Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.
Business News
China urges re-elected Canadian government to free Huawei executive Meng Wanzhou
China’s foreign ministry on Wednesday urged the re-elected Canadian government to immediately release detained Huawei [HWT.UL] executive Meng Wanzhou.
Trading Ideas
China will support its firms in purchases of Airbus planes -Xinhua
China will support its firms’ purchases of Airbus planes, state news agency Xinhua said on Wednesday, citing commitments by French President Emmanuel Macron and Chinese President Xi Jinping during a meeting. Macron is to meet Xi in Beijing on Wednesday, during his trip this week to China, where he has attended a major trade fair in Shanghai. Xinhua added that the two nations agreed to work together to push forward the completion and delivery centre programme of the European planemaker’s A350 model, as well as step up Airbus’ investments in China. …read more […]
Business News
SoftBank’s second-quarter whiplashed by $8.9 billion loss in Vision Fund
SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a 970 billion yen ($8.9 billion) loss on falling valuations of top tech bets such as WeWork and Uber.
Business News
Xerox considers takeover offer for PC maker HP: WSJ
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of about $27 billion, the Wall Street Journal reported on Tuesday.
Business News
Investors left exposed as Trump’s SEC gives America Inc helping hand
The United States’ top market cop is slowly taking the shackles off corporations.
Business News
How the SEC is making life easier for corporate America
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics and advocacy groups. [L2N26V0LM]