Britain is disappointed by U.S. government’s plans to slap tariffs on European-made Airbus planes and duties on Scotch whiskies, Prime Minister Boris Johnson’s spokesman said.
Constellation Brands Inc raised its full-year adjusted profit forecast on Thursday, after beating Wall Street estimates for second quarter profit on the back of strong summer demand for Corona and Modelo beers. Shares of the company were, however, down nearly 4% in premarket trading, as it said it took a $839 million write down in the value of its investment in pot firm Canopy Growth during the quarter. Constellation has invested more than $4 billion in the loss-making Canopy, banking on the proposed legalization of recreational weed in several countries. …read more […]
PepsiCo Inc beat third-quarter profit estimates and forecast upbeat revenue growth for 2019 on Thursday, as aggressive advertising and a focus on healthier products spurred demand for its beverages and snacks in North America.
Wall Street’s main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession.
Paddy Power AKA Flutter, The Stars Group, Merge The European gambling scene continues to merge into itself in preparation for the expansion of the US sports betting market. Paddy Power, which only recently merged with Betfair and changed its name from Paddy Power Beftair to Flutter (OTCMKTS:PDYPY), and The Stars Group (NASDAQ:TSG), formerly Amaya, which […]The post Market Morning: Paddy & Stars Flutter Together, Tesla Falls Short, Bed Bath & Beyond Closures appeared first on Market Exclusive. …read more […]
Half Year 2020 Tesco PLC Earnings Presentation …read more […]
The Scottish government said on Thursday that the imposition of U.S. tariffs on various goods including Scottish whisky indicated that the United Kingdom could not offset the damage from Brexit by striking a trade deal with U.S. President Donald Trump.
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ When we think about how risky a company… …read more […]
Wall Street’s main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession. “If the contraction in manufacturing activity translates to weakness in the far larger services sector, then it’s time to get seriously worried,” said Hussein Sayed, chief market strategist at FXTM. The gloomy factory activity data and private jobs report have led to two straight days of more than 1% drop in the benchmark S&P 500 for the first time this year and set the Dow on course …read more […]
U.S. consumers will pay around $5 a kilogram more for Italian Parmesan cheese because of duties announced by Washington on a range of European goods, a cheesemaking consortium said on Thursday, complaining it was set to take an unfair hit in the trade spat.
Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]
The Prague City Court ruled on Thursday to invalidate an order for Volkswagen to pay Czech customers more than 500 million crowns ($21.27 million) in damages for the Dieselgate affair, news website www.idnes.cz reported.
The view from Wall Street may be all trade wars, tariffs and uncertainty these days, but ask a Main Street banker and things are pretty darn good.
Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps. The company announced its Uber Copter offer on Thursday, saying flights to and from Lower Manhattan will become available to all Uber users on Oct. 7. Uber made the feature available to its premium members in June. …read more […]
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