World stocks edged to their highest in 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.
Brazil’s second largest private-sector lender Banco Bradesco SA on Thursday posted a third-quarter recurring net income in line with expectations, helped by strong insurance results and consumer lending. Bradesco’s recurring profit came in at 6.542 billion reais ($1.64 billion) in the third quarter, up 19.6% from a year earlier and roughly in line with a Refinitiv analysts’ estimate of 6.417 billion reais. The bank’s insurance unit posted a result 7.5% higher from a year earlier, boosted by retirement plans. …read more […]
Unfortunately, investing is risky – companies can and do go bankrupt. On the other hand, if you find a high quality… …read more […]
Fiat Chrysler’s Chinese partner Guangzhou Automobile Group said it respected the firm’s decision to merge with Peugeot parent firm PSA and would look to deepen its cooperation with the automaker.
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where they were supposed to meet was canceled because of violent protests.
IG Metall, Germany’s largest union by members, said on Thursday it would seek to preserve the autonomy of PSA’s German unit Opel after PSA and Fiat Chrysler announced plans to create the world’s fourth-largest automaker.
Q3 2019 Qualys Inc Earnings Call …read more […]
A planned merger between Italy’s Fiat Chrysler (FCA) and French Peugeot owner PSA is good news provided it does not affect jobs in Italy, the country’s industry minister said on Thursday. “We will ask FCA for continuity on its industrial plan and on investments and production in Italy”, Stefano Patuanelli said on state television. “The tie-up of two big groups like FCA and PSA can have scale economies on costs but the savings must not affect workers in the country”, he added. …read more […]
Weekly highlight of Yahoo Finance’s top tech news, features and analyses. …read more […]
Nintendo Co Ltd’s second-quarter operating profit more than doubled, blowing past analyst estimates, on strong demand for its Switch console.
TOKYO/OSAKA (Reuters) – Nintendo Co Ltd’s second-quarter operating profit more than doubled, blowing past analyst estimates, on strong demand for its Switch console. Nintendo sold 4.98 million units of its hybrid home-portable Switch device in the six months to September and 1.95 million handheld-only Switch Lite units that went on sale in September. It would be “premature” to raise Nintendo’s full-year hardware sales forecast for Switch from 18 million units, CEO Shuntaro Furukawa told reporters in Osaka. …read more […]
SYDNEY/CHICAGO (Reuters) – Qantas Airways Ltd and Southwest Airlines Co are stepping up checks for structural cracks on Boeing Co 737 NGs after discovering problems with planes that did not require urgent inspections, airline sources said. The cracks are on what is known as the “pickle fork” – a part that attaches the plane’s fuselage, or body, to the wing structure. The U.S. Federal Aviation Administration (FAA) on Oct. 2 mandated checks of 737 NGs with more than 30,000 take-off and landing cycles – which typically correspond to the number of flights – within seven …read more […]
Q3 2019 Merit Medical Systems Inc Earnings Call …read more […]
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(Bloomberg) — Royal Dutch Shell Plc said the worsening economy could slow the pace of returns to shareholders, overshadowing a strong third-quarter trading performance that yielded bumper profits.While the company comfortably beat even the highest analyst estimate for third-quarter profit, shares dropped the most in almost a month after Chief Executive Officer Ben van Beurden warned of uncertainty around the current pace of share buybacks and reduction in gearing — Shell’s ratio of debt to equity.It’s a performance that echoes Shell’s closest rival BP Plc, which also posted better-than-expected earnings but disappointed shareholders hoping for a dividend increase. The third …read more […]
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