Trading Ideas
Universal Display Corporation (NASDAQ:OLED) Is Employing Capital Very Effectively
Today we’ll evaluate Universal Display Corporation (NASDAQ:OLED) to determine whether it could have potential as an… …read more […]
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Business News
India’s SpiceJet could take more of Jet Airways’ 737 MAX planes: chairman
Indian low-cost carrier SpiceJet Ltd may consider taking some of the Boeing 737 MAX planes that were due to be delivered to now bankrupt Jet Airways but are still sitting in Seattle, its chairman said on Friday.
Trading Ideas
America is creating more jobs than it needs: Morning Brief
Top news and what to watch in the markets on Friday, October 4, 2019. …read more […]
Business News
After bruising week, global stocks make fragile gains ahead of U.S. jobs data
Global stocks were slightly higher on Friday, clawing back some ground lost in their worst week for months, and safe haven assets rose ahead of a key jobs report as investors hoped this week’s dismal data would trigger more U.S. interest rate cuts.
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What Kind Of Investor Owns Most Of GlaxoSmithKline plc (LON:GSK)?
A look at the shareholders of GlaxoSmithKline plc (LON:GSK) can tell us which group is most powerful. Large companies… …read more […]
Business News
Oil edge up but still set for big weekly loss on demand worries
Oil prices rose on Friday but were still on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would hurt energy demand.
Business News
Factbox: Bernard Looney, BP’s next CEO
Bernard Looney, boss of oil and gas production at BP , will take over from Bob Dudley as chief executive next year.
Business News
Shell promotes Australia head to run global conventional oil, gas unit
Royal Dutch Shell has promoted its current Australia chief, Zoe Yujnovich, to the role of executive vice president for conventional oil and gas from Jan. 1, based in the group’s headquarters in The Hague, Shell Australia said on Friday.
Business News
Britain’s John Lewis withholds service payments to landlords
British department stores group John Lewis has told shopping centers landlords it will withhold 20% of this quarter’s service charge as it seeks to cut costs, it said on Friday.
Business News
EU likely to respond to U.S. tariffs with own measures: Germany’s Maas
The European Union is likely to take retaliatory measures in response to new U.S. tariffs on European goods, German Foreign Minister Heiko Maas told newspapers in remarks published on Friday.
Business News
BP names Bernard Looney as next CEO, Dudley to leave in 2020
BP on Friday appointed head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year after leading the oil and gas company back to growth from near collapse in 2010.
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Asian currencies rise as markets 'fully loaded' for Fed rate cut
“Slightly lower dollar, some adjustments in market positioning ahead of the weekend and expectations of Fed rate cuts are supporting Asian currencies,” said Irene Cheung, a senior strategist for Asia at ANZ Banking Group (Singapore). “With markets already fully loaded for an October FOMC (Federal Open Market Committee) rate cut, it may require an outsized positive surprise from the NFP (non-farm payroll) numbers to shake out the very short-term dollar bears,” OCBC said in a note. India’s rupee gained marginally, showing little reaction to a 25 basis point rate cut that was in line with expectations. …read more […]
Business News
Oil climbs but set for big weekly loss over demand worries
Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.
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FDA green lights AstraZeneca's asthma drug Fasenra for self-administration
British drugmaker AstraZeneca said on Friday that the U.S. Food and Drug Administration (FDA) has approved self-administration of its asthma treatment Fasenra which uses a pre-filled, single-use auto-injector pen. The move is a boost for the drugmaker’s respiratory portfolio after the regulator earlier this week declined to approve AstraZeneca’s combination therapy to treat smoker’s lung, as it tries to catch up with domestic rival GlaxoSmithKline. “We can now offer Fasenra in an even more convenient way, giving U.S. healthcare providers and patients the option of administering Fasenra at home or in a doctor’s office,” Mene Pangalos, executive vice …read more […]
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Apple Is Raising IPhone 11 Output by Up to 10%, Nikkei Says
(Bloomberg) — Apple Inc. has told suppliers to increase production of its latest iPhone 11 range by as much as 10% to meet stronger-than-expected sales of the new handsets, the Nikkei Asian Review reported, affirming resilient demand for the company’s most important gadget.The boost would add 7 million to 8 million units to what the Cupertino, Calif.-based company had initially planned on, the Nikkei cited anonymous sources as saying. Shares in Apple suppliers from Murata Manufacturing Co. and Alps Alpine Co. in Tokyo to AAC Technologies Holdings Inc. in Hong Kong climbed after the report. An Apple spokesperson in Japan …read more […]