Wall Street’s main indexes were set to hit record highs on Thursday, boosted by signs of progress in U.S.-China trade relations and a fresh batch of largely upbeat earnings reports.
Lyft Inc on Thursday said it was rolling out an offer to users in Los Angeles, San Francisco and Chicago to sell their cars in exchange for credit on the ride-hailing platform.
Brazil held a second underwhelming oil auction in as many days on Thursday, as major global oil firms passed again on offshore blocks billed as among the world’s most promising.
Brazil held a second underwhelming oil auction in as many days on Thursday, as major global oil firms passed again on offshore blocks billed as among the world’s most promising. The only block awarded in Thursday’s auction went to state-run Petroleo Brasileiro SA , or Petrobras, and Chinese state firm CNODC, a unit of China National Petroleum Corp, who offered the minimum bid. The flop, following a similar lack of foreign interest in an even bigger round on Wednesday, was a wake-up call to officials who expected this week to crown Brazil as uncontested champion of the Latin …read more […]
Q3 2019 Endologix Inc Earnings Call …read more […]
Airbus is overhauling the management of its supply chain and speeding up assembly at a plant in China as it faces ongoing industrial problems at home in Germany, industry sources said.
Ralph Lauren Corp beat quarterly profit estimates on Thursday, driven by tighter control on expenses and strong demand for its Polo shirts and tweed jackets in China and Europe, sending its shares up 9% in premarket trading .
Anyone interested in KB Home (NYSE:KBH) should probably be aware that the Executive VP & CFO, Jeff Kaminski, recently… …read more […]
Let’s talk about the popular Leidos Holdings, Inc. (NYSE:LDOS). The company’s shares saw significant share price… …read more […]
Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story… …read more […]
Ralph Lauren Corp reported a 6.5% rise in adjusted quarterly profit on Thursday, driven by tighter cost control and strong demand for its Polo shirts and tweed jackets in Europe and China.
Teva Pharmaceutical Industries nudged up its full-year earnings guidance on Thursday, after reporting a drop in third-quarter profit that broadly met expectations.
The world’s largest generic drugmaker earned 58 cents per diluted share excluding one-time items in the July-September period, down from 68 cents a year earlier. Revenue fell 6% to $4.26 billion due to generic competition for its multiple sclerosis drug Copaxone and declines in sales in the United States, Russia and Japan, although it posted gains in some of its newly launched drugs. Analysts had forecast Israel-based Teva would earn 59 cents a share ex-items on revenue of $4.24 billion, according to I/B/E/S data from Refinitiv. …read more […]
The biggest of Canada’s new brand of marijuana producers will join forces with Toronto-born rap star Drake to launch a fully-licenced joint venture in the city to produce and distribute cannabis, the two sides said on Thursday.
Under the deal, the multi-Grammy award winner will take a 60% stake in a subsidiary of stock-market listed Canopy Growth , which produces cannabis in nearby Scarborough, Ontario. U.S.-listed shares of Canopy , which last year drew a major investment from Corona-brewer Constellation Brands, rose around 3% in early trading. Drake is just the latest of a list of artistes and celebrities who have partnered with Canadian cannabis companies since the country approved the use of recreational marijuana. …read more […]
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