Energy
Madlena Energy (OTC: MDLNF) is Maglan Capital’s “Best Idea for 2018”
Here is why Madlena Energy (OTC: MDLNF) is Maglan Capital’s “Best Idea for 2018”. PLUS: Discussion on oil & gas play in Argentina, macro picture in Argentina
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Business News
Starbucks’ promotions struggle to attract U.S. customers, shares slip
LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported stagnant store traffic at established U.S. cafes for the second quarter in a row, stirring concerns about intense competition from upscale coffee houses as well as fast-food chains and convenience stores.
Business News
Exclusive: T-Mobile, Sprint make progress in talks, aim for deal next week – sources
(Reuters) – U.S. wireless carriers T-Mobile US Inc and Sprint Corp have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday.
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Exclusive: T-Mobile, Sprint make progress in talks, aim for deal next week – sources
The combined company would have more than 127 million customers and could create more formidable competition for the No.1 and No.2 wireless players, Verizon Communications Inc and AT&T Inc , amid a race to expand offerings in 5G, the next generation of wireless technology. T-Mobile majority-owner Deutsche Telekom and Japan’s SoftBank Group Corp , which controls Sprint, are considering an agreement that would dictate how they exercise voting control over the combined company, two of the sources said. …read more […]
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Your annual Amazon Prime membership fees are about to increase
On today’s wildly successful earnings call, Amazon CFO Brian Olsavsky dropped …read more […]
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Amazon surprises Wall Street with huge profits, optimistic outlook
In addition, Amazon and the U.S. National Football League announced a deal to stream Thursday night games during the 2018 and 2019 seasons on Amazon’s Prime Video. Amazon’s shares rose 6 percent in after-hours trade. Seattle-based Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. …read more […]
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Apple ends production of AirPort base stations
It’s an end of an era in Cupertino today. Apple just announced the end of …read more […]
Business News
Wall Street much quicker to applaud Facebook than criticize it
(Reuters) – A month of darkening sentiment around Facebook Inc among analysts was washed away in an instant when the social media’s earnings report blew through even the most optimistic earnings estimates.
Business News
Starbucks reports stagnant store traffic, shares slip
LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported stagnant store traffic at established cafes for the second fiscal quarter, stirring concerns about intense competition from upscale coffee houses as well as fast-food chains and convenience stores.
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Western Digital (WDC) Posts Big Earnings Beat, Revenues Rise Over 7%
Western Digital Corp. (WDC) just released its latest quarterly financial results, posting earnings of $3.63 per share and revenues of $5 billion. …read more […]
Business News
Exclusive: T-Mobile, Sprint make progress, aim for deal next week – sources
(Reuters) – U.S. wireless carriers T-Mobile US Inc and Sprint Corp have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday.
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By keeping its head in the cloud, Microsoft makes it rain on shareholders
Thanks in part to its colossal cloud business, Microsoft earnings are …read more […]
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Toyota to invest $170 million in Mississippi plant, create 400 jobs
DETROIT (Reuters) – Toyota Motor Corp will invest $170 million in an existing plant in Mississippi to build the next generation of its Corolla sedan, the Japanese automaker said on Thursday.
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Amazon is doing what it does best: Making money hand over fist
With the first quarterly earnings report of 2018, Amazon shows no sign of …read more […]
Business News
Starbucks reports flat U.S. traffic, shares slip
LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported flat traffic at established U.S. cafes for the second quarter in a row amid intense competition from upscale coffee houses as well as fast-food chains and convenience stores.