Trading Ideas
It Might Be Better To Avoid Marathon Petroleum Corporation's (NYSE:MPC) Upcoming Dividend
It looks like Marathon Petroleum Corporation (NYSE:MPC) is about to go ex-dividend in the next 4 days. If you purchase… …read more […]
Year: 2020
Trading Ideas
Broadcom targets choppy audio with new Bluetooth chip
The San Jose, California-based company is a major supplier to high-end smart phone makers such as Apple Inc, with whom it has signed deals to supply as much as $15 billion worth of chips. Vijay Nagarajan, vice president of Broadcom’s mobile connectivity division, said the technology is meant to prevent choppy calls and music listening when walking into crowded areas like subway platforms, where Bluetooth signals from other people’s devices can cause interference and dropouts. “We’re making your wireless link from your phone to the headset more resilient,” Nagarajan told Reuters. …read more […]
Business News
UK’s Domino’s finds buyers for Norway business
Britain’s biggest pizza delivery company Domino’s Pizza Group said on Thursday it would sell its Norwegian business to existing minority shareholders of the business, kicking off the sale of its loss-making overseas operations.
Business News
Oil prices fall on bearish demand forecasts
Oil prices fell on Thursday after OPEC and IEA reports cut back demand forecasts for this year on the back of the coronavirus outbreak in China, the world’s biggest oil importer.
Business News
Qantas raises the stakes in pilot pay dispute
Australia’s Qantas Airways has urged its pilots to reach agreement on a pay deal for the world’s longest commercial flights or face being replaced for those routes.
Business News
Airbus pledges profit gain after bribery settlement hit
Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.
Business News
Nissan slashes profit outlook after sales slump, says more restructuring needed
Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.
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Nissan’s Slumping Profits, Dividend Reflect Anemic Turnaround
(Bloomberg) — Nissan Motor Co. cut its full-year profit outlook for the second time and scrapped its year-end dividend payout, renewing concern about the troubled automaker’s ability return cash to investors, especially top shareholder and partner Renault SA.Dogged by falling sales in its biggest markets and instability in its most senior management ranks following the arrest of former Chairman Carlos Ghosn, Nissan reduced its full-year operating profit forecast to 85 billion yen ($774 million), down from an earlier estimate of 150 billion yen.Nissan had initially projected an operating profit of 230 billion yen for the fiscal year through March, but …read more […]
Business News
Qantas to form new pilot entity if no deal on Sydney-London flights: memo
Australia’s Qantas Airways Ltd told pilots on Thursday that if it could not reach a pay deal soon covering the world’s longest commercial flights from Sydney to London, it would form a lower-cost employment entity, according to an internal memo.
Business News
Turkey’s Atlasglobal suspends flight operations: news websites
Turkish airline Atlasglobal has decided to suspend all its operations and told its personnel not to come to work on Thursday, the aviation sector news website AirportHaber and other media reported.
Business News
Elevator sale in focus in competitive process: Thyssenkrupp CFO
A sale of Thyssenkrupp’s elevator division is currently in focus, the group’s finance chief said on Thursday, adding an ongoing auction was “very competitive”.
Business News
Factbox: Nestle CEO Schneider’s top deals
Nestle Chief Executive Mark Schneider has made great strides in positioning the world’s largest food company for the future with his aggressive deal-making since taking over in January 2017.
Business News
Improving Nestle reins in growth ambitions
Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years and improved profitability.
Business News
Nissan slashes full-year profit forecast after sales slump
Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.
Business News
Google seals takeover of Looker after UK green light
Alphabet Inc-owned Google said on Thursday it has completed its $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences after winning clearance from Britain’s competition watchdog.