China’s eastern province of Zhejiang, the second worst-hit by the coronavirus epidemic, will push major exporters, listed companies and key manufacturers to be the first to return to work after the extended Lunar New Year holiday.
It looks like Skyworks Solutions, Inc. (NASDAQ:SWKS) is about to go ex-dividend in the next 4 days. If you purchase… …read more […]
Today we’ll look at Enbridge Inc. (TSE:ENB) and reflect on its potential as an investment. Specifically, we’ll… …read more […]
Donald Trump loves to trumpet the hot U.S. stock market as a key achievement of his presidency, and he was in full self-congratulatory mode on that front during Tuesday night’s State of the Union address.
German engineering company Siemens , hit by a global slowdown in power and gas and among industrial customers, said on Wednesday it missed forecasts for first-quarter sales and profit in what its chief executive called a “slow start to the year”.
Qatar Airways is in talks to buy a 49% stake in Africa’s RwandAir, and is interested in doubling its holding in LATAM Airlines Group to 20%, its chief executive said on Wednesday.
Expectations of more central bank stimulus lifted world stocks to their highest in more than a week on Wednesday, helping investors look past a mounting coronavirus death toll and policymakers’ concerns for the disease’s economic impact.
Vodafone will remove Huawei technology from the core of its European networks following Britain’s decision to restrict the Chinese company’s role in 5G and new EU guidelines on the firm’s equipment, Chief Executive Nick Read said.
Oil prices jumped by more than 3% on Wednesday after reports that scientists have found an effective drug against China’s fast-spreading coronavirus, which has hit the world’s second-largest economy in recent weeks.
Qatar Airways is interested in increasing its stake in Chile’s LATAM Airlines to 20%, its chief executive said on Wednesday.
As the early numbers start flowing in for Cannabis 2.0 sales, analysts are starting to slash 2020 sales estimates for the category. Cannabis 2.0 refers to Canada’s legalization of cannabis products including vapes, edibles and beverages. Canopy Growth (CGC) was expected to be a leading player in this market launch, but the company still hasn’t been able to scale THC beverages, and the new CEO just took over a couple of weeks ago. The new CEO must now reorganize the business when announcing December results in early February to turn around the never-ending cash burn. Cannabis 2.0 FailureThe Canadian cannabis …read more […]
Rival British American Tobacco’s shares were also down 1%. The profit warning adds to the challenges for new CEO Stefan Bomhard – head of automotive services company Inchcape – whose appointment was announced on Monday with a start date yet to be disclosed. Imperial said first-half adjusted earnings per share in constant currency were expected to drop by 10%, as it writes-down inventories following the U.S. government ban on selling certain flavours for pod-based e-cigarettes, which goes into force on Thursday. …read more […]
Tobacco group Imperial Brands said it would not see any profit growth this year after tighter regulation in the United States, the world’s biggest vaping market, has sapped demand.
The chief executive of International Airlines Group (IAG) said he believes the overall impact of coronavirus on global air travel demand will be marginal.
Qatar Airways is in talks to acquire a 49% stake in RwandAir, its chief executive said on Wednesday.
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