Trading Ideas
Edited Transcript of ASC.L earnings conference call or presentation 16-Oct-19 8:30am GMT
Full Year 2019 ASOS PLC Earnings Presentation …read more […]
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Trading Ideas
A 7.9% Yield That’s Unlikely to Go Up in Smoke
Shares of Altria Group (NYSE: MO) have been falling for more than two years.
This could be because an increasing number of investors don’t want to invest in a cigarette company for ethical reasons, or it could be because it’s hard to get excited about a business when the majority of its customers want to quit using its product.
It’s tough enough already from a business and public relations perspective to be a tobacco company. But now Altria is facing difficulties with Juul. Altria invested $13 billion in the electronic-cigarette maker.
As you’re probably aware, both federal and state governments are creating stronger …read more […]
Trading Ideas
Netflix higher after Q3 earnings results
Netflix Q3 earnings report pushing stocks to move higher. Yahoo Finance’s The Final Round discuss the report results. …read more […]
Business News
Netflix adds more-than-expected subscribers in third quarter
Netflix Inc added more-than-expected paid subscribers in the third quarter, boosted by the launch of new seasons of “Stranger Things” and “13 Reasons Why”, sending its shares up 5% in trading after the bell.
Business News
IBM beats profit estimates on cloud-computing growth
International Business Machines Corp beat analysts’ estimates for third-quarter profit on Wednesday, benefiting from growth in its high-margin cloud-computing business.
Trading Ideas
IBM quarterly revenue misses, shares fall
The Armonk, New York-based technology services giant, which wrapped up the mega cloud merger with Linux maker Red Hat Inc earlier this year, has faced years of revenue declines in the process of shifting focus to the cloud from its traditional business. Total revenue fell 3.9% to $18.03 billion, missing analysts’ average estimate of $18.22 billion, according to IBES data from Refinitiv. Revenue from the company’s cloud services, which are driving IBM’s pivot away from established businesses including mainframe servers, rose 11% to $5 billion in the third quarter ended Sept. 30. …read more […]
Business News
Wall Street slips as weak economic data offsets earnings strength
Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.
Business News
Air Canada drops 737 MAX from flight schedule until February 14
Air Canada said on Wednesday it had removed Boeing Co’s 737 MAX planes from flight schedules until Feb. 14, citing uncertainty around the aircraft’s return to service.
Trading Ideas
Edited Transcript of JPM earnings conference call or presentation 15-Oct-19 12:30pm GMT
Q3 2019 JPMorgan Chase & Co Earnings Call …read more […]
Trading Ideas
What to expect in Netflix 3Q 2019 earnings
Netflix is set to report third-quarter earnings results after market close Wednesday, giving investors a final look at the company’s performance before new competitors launch their own streaming services next month. …read more […]
Trading Ideas
Google's Pixel 4 vs. Apple's iPhone 11
Google just released its new Pixel 4 phone, but how does it compare to the new iPhone 11? Yahoo Finance’s Akiko Fujita, Dan Howley and Dan Roberts break it down. …read more […]
Business News
Teva to donate over $15 billion worth of drugs in opioid settlement: source
Teva Pharmaceuticals is in talks to contribute over $15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel the U.S. opioid crisis, a source familiar with the matter told Reuters on Wednesday.
Business News
Oil rises 1% on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories.
Trading Ideas
Teva to donate over $15 bln worth of drugs in opioid settlement – source
Teva Pharmaceuticals is in talks to contribute over $15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel the U.S. opioid crisis, a source familiar with the matter told Reuters on Wednesday. The news follows media reports that major drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health are discussing with governments to settle thousands of opioid-related lawsuits for $18 billion. The companies, including Teva, are all defendants in a landmark trial set to begin in federal court in Cleveland, Ohio, on Oct. 21, which will be presided over by U.S. …read more […]
Business News
UAW, GM leaders have a deal to end strike, now workers will decide
General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a costly month-long strike that shut down GM’s most profitable factories in a test of wills over the future of U.S. auto industry jobs.