Samsung Electronics said on Wednesday its operating profit likely slumped 34% in the fourth quarter, beating analysts’ forecasts, dogged by a year-long downturn in the memory chip market.
Samsung Electronics flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a recovery. The world’s top memory chip maker has struggled since late 2018 as a weak global economy curbed spending by data center customers and rising inventory of memory chips squeezed prices, ending a two-year industry boom. Operating profit in the quarter ended Dec. 31 fell 34% to 7.1 trillion won ($6.09 billion) from 10.8 trillion won a year earlier. …read more […]
(Bloomberg) — U.S. stock index futures fell after Iran said it started an attack on an Iraqi base hosting U.S. troops.S&P 500 Index futures contracts expiring in March were down 1.1% as of 8:41 a.m. in Tokyo, after Iran’s state television reported that the nation has started operation “Martyr Soleimani,” with several rockets being fired at the Ayn al-Asad base in Iraq. Futures on the Nasdaq 100 Index dropped 1.3% and those on the Dow Jones Industrial Average declined 1%.“The markets were struggling to form a consensus view as to how the US-Iran escalation will pan out,” said Stephen Innes, …read more […]
(Bloomberg) — U.S. stock futures declined after Iran reportedly started an attack on a military base in Iraq hosting American troops, escalating tensions in the Middle East. Treasury futures and the yen rose.Futures on the S&P 500 Index dropped more than 1%. Oil prices surged as Iran state TV said it started operation “Martyr Soleimani” at dawn with several rockets being fired at the Ayn al-Asad base. Australian shares fell, and Australian bond yields slid as the Asian trading session got going Wednesday. Gold advanced.“It is frightening to think about the possible range of outcomes with this,” Di Zhou, a …read more […]
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018’s Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […] …read more […]
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren’t usually symmetrically distributed and index […] …read more […]
Impossible Foods is no longer trying to win a coveted deal to supply McDonald’s Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world’s No. 1 fast-food chain.
Jan.07 — Micron Technology Inc. Chief Executive Officer Sanjay Mehrotra discusses the outlook for memory-chip demand in 2020, the company’s new DRAM offering and its licensing agreements with Huawei Technologies Co. He speaks with Bloomberg’s Taylor Riggs from CES 2020 in Las Vegas on “Bloomberg Technology.” …read more […]
The wife of former Nissan boss Carols Ghosn on Tuesday said a Japanese arrest warrant against her was to avenge her husband’s escape from Japan’s judiciary and described the act as petty.
Union workers who assemble parts of Boeing’s 737 Max fuselage are weighing whether to voluntarily leave their jobs, without compensation, and without information as to when the aircraft will go back into production. …read more […]
There are numerous possibilities for Iranian retaliation for the death of its general Qassem Soleimani. A cyber attack is one of the most likely options, but Iran may choose to go after allies instead of the U.S. itself. …read more […]
Corporate bonds are debt securities that many investors use to earn a return on their money. Unlike government bonds, corporates are issued by companies looking to raise capital. Whereas stocks are shares of an ownership stake in a company, companies that issue bonds do not have to give up any ownership shares.
One way to understand corporate bonds is to draw a distinction between them and stocks. We will look at these two types of financial instruments and draw out their differences. Then we will go over some of the different types of bonds and their features.
Stocks vs Bonds
Two of the …read more […]
United Airlines Holdings Inc said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city.
Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training.
Nissan Motor Co Ltd’s claim that it conducted “a robust, thorough internal investigation” into its former chief, Carlos Ghosn, is a “gross perversion of the truth,” his legal defense team said in a statement on Tuesday.
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