Thursday, October 31, 2019

Google Alert - finance

Google
finance
As-it-happens update October 31, 2019
NEWS
Wall Street Journal
(Reuters) - Marathon Petroleum Corp (MPC.N) chief Gary Heminger will leave the company next year after almost a decade in charge, launching sweeping changes demanded by investors at the biggest U.S. refiner including the spinoff of its Speedway retail ...
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CNBC
U.S. stock futures were largely pointing to a lower Thursday open on Wall Street after Bloomberg reported that Chinese officials have been casting doubt over the possibility of a long-term trade deal with the U.S. The S&P 500 was coming off another record ...
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Reuters
MILAN/PARIS (Reuters) - Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) plan to join forces in a 50-50 share merger to create the world's fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.
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Forbes
Britain's only factory producing onshore and offshore wind turbines could lay off 80% of its staff, in a blow to the UK's ambitions to become a world leader in wind energy development. Yesterday the Korean-owned CS Wind factory near Campbeltown in ...
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Washington Post
FRANKFURT, Germany — The 19-country eurozone economy grew at a subdued pace in the third quarter, continuing a shaky upswing amid trade disputes and uncertainty over Brexit. At the same time, weaker inflation figures cast a shadow over the outlook ...
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CNBC
Kraft Heinz on Thursday reported quarterly earnings that topped analysts' expectations. Shares of the company jumped 6.7% in premarket trading. Shares in the company, which has a market value of $34.8 billion, are down by about 33% so far this year, as of ...
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Digiday
For years, France-based Criteo was the darling of publicly-traded ad tech companies. The poster-child of retargeting, it consistently outperformed its publicly-traded at tech peers as retailers poured ad spend into the company's performance ad platform.
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The New York Times
The tobacco giant Altria Group said Thursday that it had written down its investment in the vaping company Juul Labs by $4.5 billion, a move that reflects the deepening turmoil in the e-cigarette industry. Altria, which is one of the world's largest tobacco ...
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Fortune
Hong Kong officially entered recession on Wednesday as it rounded out its fifth consecutive month of antigovernment protests. Tourist arrivals dropped 50% year-on-year in the first half of October and gross domestic product reached its worst performance ...
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The Guardian
Carpetright is in talks about a cut-price £15m sale to its biggest shareholder as the specialist retailer said it needed to raise £80m to stay afloat. Meditor, a British hedge fund headed by former Old Mutual banker and poker player Talal Shakerchi, already owns ...
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NBC Chicago
Uber is suing the village of Skokie to challenge a tax on ride-hailing services recently passed by the village. The four-count suit, filed Wednesday in Cook County Circuit Court, claims Skokie's tax violates the Illinois constitution and asks the court to block the ...
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Investors Chronicle
TIDMRDSA October 31, 2019 Royal Dutch Shell plc (the 'company') today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the company has entered ...
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TheStreet.com
Wall Street futures turned lower Thursday, pulling the S&P 500 back from record highs, after a report suggested China is growing increasing doubtful it can reach a comprehensive near-term trade agreement with the United States. Bloomberg reported that ...
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Times Record
Popeyes Louisiana Kitchen has more than its chicken sandwich returning. Van Buren, once home to a Popeyes at 2304 Fayetteville Road — the current location of Starbucks — will have an entirely new Popeyes restaurant built soon on the former location of ...
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India Today
Equity benchmark indices ended higher on Thursday but off the day's high after Sensex touched a fresh record high of 40,392 in intraday trading session. The market mood was positive amid optimism in global markets after the US Federal Reserve cut interest ...
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Evening Standard
Entrepreneurs have backed it. CEOs have supported it. YouTube stars are also getting behind the idea. An online challenge started by a social media star in May, 'Team Trees' has raised millions in just a few days. But what exactly is #TeamTrees and why is ...
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Edmonton Sun
Encana Corp. will shift base to the United States and become Ovintiv Inc., the Canadian oil and gas producer said on Thursday, as Canada faces pipeline capacity shortages that have led many companies to move from the country's energy sector.
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Financial Times
One thing before we start: the main news this Thursday morning is outside the City. For details on the latest car mega-merger, which would see the owner of Peugeot and Vauxhall tie up with Fiat-Chrysler, there's more below and even more here. For now ...
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The Epoch Times
Facebook has agreed to pay a 500,000 pound ($644,000) fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain's information rights regulator said on Oct. 30. Facebook CEO Mark Zuckerberg has ...
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Fortune
For years, Apple has been expanding the number of products it sells by offering "Pro" versions with additional features and higher price tags. But what's driving Apple's decision-making, profit-padding dollars or consumer-centric sense? On Monday, Apple ...
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