Investors are gearing up for what is likely to be another busy week in markets, with a host of major tech companies due to report earnings and the January jobs report and Iowa caucuses for the 2020 U.S. presidential election also on the calendar. …read more […]
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.
David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the… …read more […]
OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said on Monday.
The Iowa Democratic Party is preparing for potentially a record turnout in the 2020 caucuses. WSJ’s Gerald F. Seib poses four questions that may determine the shape of the race. Photo: Stephen Maturen/AFP …read more […]
Goldman Sachs downgraded ExxonMobil to “sell” following disappointing fourth-quarter results, as the Wall Street bank forecasted the oil and gas company will meet only half of its targeted returns by 2025.
Goldman Sachs downgraded ExxonMobil to “sell” following disappointing fourth-quarter results, as the Wall Street bank forecasted the oil and gas company will meet only half of its targeted returns by 2025.
Network security provider Check Point Software Technologies reported quarterly net profit that beat expectations, boosted by higher security subscriptions and products to guard against cyber threats in the cloud. Israel-based Check Point said on Monday it earned $2.02 per diluted share excluding one-time items in the fourth quarter, up from $1.68 a year earlier. Check Point said it bought back 2.9 million shares in the quarter worth $325 million as part of its share repurchase programme and announced a $2 billion extension to the programme with authorisation to buy back up to $325 million each quarter. …read more […]
Iranian Oil Minister Bijan Zanganeh said on Monday that the spread of China’s new coronavirus had hit oil demand and called for an effort to stabilise oil prices, Iran’s official news agency IRNA reported. The minister also said Iran would agree to an earlier OPEC meeting if the rest of the group’s members agreed to oil production cuts. OPEC and its allies, a group know as OPEC+, are considering meeting in February instead of March. …read more […]
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]
Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing’s 737 MAX jet.
Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.
Feb.03 — The U.K. has left the EU, but the Brexit battle is far from over. In a speech later today, U.K. Prime Minister Boris Johnson is going to threaten to walk away from EU talks instead of accepting demands from Brussels to sign up to the bloc’s single-market regulations and the rulings of its court. Bloomberg’s Maria Tadeo reports on “Bloomberg Markets: European Open.” …read more […]
French carmaker Renault will extend a shutdown at its factory in China’s Wuhan until Feb. 13, in line with the Chinese government’s guidance over the coronavirus for workers in the city and extended Lunar New year holidays, a spokeswoman said on Monday.
World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears the coronavirus epidemic would hit demand in China.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
