Google Alert - finance

	finance As-it-happens update ⋅ January 30, 2020
	NEWS
	Forbes Reinstating The Crude Export Ban Would Be A Gift To OPEC and Russia Forbes In December 2015, President Obama signed into law the Consolidated Appropriations Act, 2016. A provision of this bill repealed a crude oil export ban that the U.S. had in place since 1975. This repeal was part of a deal that also extended certain renewable ... Flag as irrelevant
	CNBC Amazon's spending on one-day delivery is likely to weigh on fourth-quarter profit CNBC Amazon's relentless effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results on Thursday afternoon. But revenue growth keeps chugging along. In its last earnings report in October ... Flag as irrelevant
	Wall Street Journal Shell Slows Buybacks as Profit Falls Sharply Wall Street Journal LONDON—Royal Dutch Shell PLC said it would slow the pace of spending on its $25 billion share-buyback program as it reported a sharp drop in profit for 2019. The company's shares were down 3.8% in early trading on Thursday. Shell said profit for the ... Flag as irrelevant
	Wall Street Journal Coronavirus Outbreak Poses Risk to US Fed's Economic Outlook The New York Times SAN FRANCISCO/WASHINGTON — The outbreak of a new virus that originated in the central-Chinese city of Wuhan is likely to slow China's economic growth at least in the near term and could hurt its trading partners around the world. The potential effects of ... Flag as irrelevant
	PRNewswire (press release) DuPont Reports Fourth Quarter and Full Year 2019 Results PRNewswire (press release) WILMINGTON, Del., Jan. 30, 2020 /PRNewswire/ --. Full year 2019 pro forma GAAP EPS from continuing operations of $(0.74); pro forma adjusted EPS of $3.80; Full year 2019 pro forma operating EBITDA margins up 10 bps more than offsetting 50 bps ... Flag as irrelevant
	Wall Street Journal Tesla Extends Profit Run, Promises Record Production, Driving Stock Up 13% The New York Times (Reuters) - Tesla Inc on Wednesday posted the second quarterly profit in a row on record vehicle deliveries and said it would produce more than 500,000 units this year, as the electric carmaker's shares surged to new highs. Shares rose 13% after hours, ... Flag as irrelevant
	TechCrunch Avast shuts down marketing analytics subsidiary Jumpshot amid controversy over selling user data TechCrunch Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting ... Flag as irrelevant
	Reuters H&M Reshuffles at the Top as Profit Growth Pleases Market The New York Times STOCKHOLM — Swedish fashion giant H&M appointed company veteran Helena Helmersson as chief executive officer on Thursday as it reported its first rise in annual profit since 2015 and pleased the market with strong fourth-quarter profit growth. Flag as irrelevant
	Nasdaq Here's Why Facebook Stock Is a Buy and Hold for the Next Decade Nasdaq Facebook (NASDAQ: FB) is experiencing rapid growth, sometimes at the expense of user privacy. Governments and regulators are taking notice and taking action, imposing fines, and mandating improvements to privacy and data protection. Although it's ... Flag as irrelevant
	Daily Beast Former Green Beret Wanted by Japanese Authorities Over Carlos Ghosn's Escape in a Musical Equipment Case Daily Beast A Japanese court Thursday issued arrest warrants for three Americans, including a former Green Beret, who prosecutors suspect of helping former Nissan chief Carlos Ghosn flee the country by hiding in a musical instrument case. Prosecutors confirmed ... Flag as irrelevant
	Nasdaq Renault-Nissan alliance is strong but shares sense of urgency -Senard Nasdaq YOKOHAMA, Jan 30 (Reuters) - The alliance between France's Renault SA and Japan's Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance's chairman, Jean-Dominique Senard, said on Thursday. Senard made the ... Flag as irrelevant
	Market Realist Is 2020 the Year of Cannabis Stock Bankruptcies? Nasdaq The table appeared set in 2019 for cannabis stocks to deliver significant sales growth and push toward recurring profitability. It was supposed to be the year when pot stocks proved to doubters that the cannabis industry wasn't a fad, and that the pricey ... Flag as irrelevant
	Telegraph.co.uk Pound rallies while UK stocks extend slide after Bank of England holds interest rates steady MarketWatch The pound climbed and U.K. equities deepened a slide on Thursday as the Bank of England opted to refrain from cutting interest rates. By a 7-to-2 vote, the U.K. central bank in essence decided to keep its powder dry. "Policy may need to reinforce the ... Flag as irrelevant
	PRNewswire (press release) Fundamental Real Estate Investment Partners Expects Solid Growth to Continue in 2020 PRNewswire (press release) CHICAGO, Jan. 29, 2020 /PRNewswire/ -- Fundamental Real Estate Investment Partners ("FREIP"), a real estate investment and asset management firm focused on portfolio creation and proprietary investment opportunities across the U.S., is pleased to ... Flag as irrelevant
	Variety AT&T banks on fiber build to fuel its OTT services FierceTelecom AT&T may have turned in dismal numbers for its fourth quarter video subscribers, but it's banking on fiber-based broadband to fuel its OTT services. For the fourth quarter, AT&T lost 1.16 million video subscribers, which included 945,000 premium video ... Flag as irrelevant
	Reuters Eli Lilly profit beats estimates on strong Trulicity sales Reuters (Reuters) - Eli Lilly and Co (LLY.N) reported a higher-than-expected quarterly profit on Thursday, helped by strong demand for its diabetes drug Trulicity and psoriasis treatment Taltz. Shares of the company, which also reiterated its full-year adjusted profit ... Flag as irrelevant
	Hindustan Times Samsung Electronics Sees Gradual Chip Rebound in 2020 After Fourth-Quarter Profit Plunge The New York Times SEOUL — Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data centre customers and 5G smartphone makers. The cautiously ... Flag as irrelevant
	Nasdaq GLOBAL MARKETS-Stocks tumble over China epidemic worries Nasdaq MSCi world index down 0.5%. Europe's STOXX 600 loses 0.8%. Virus toll rises, WHO to reconsider declaring emergency. Economists slash China growth forecasts. U.S. yield curve inverts as safe-haven assets sought. BOE rate decision at 1200 GMT, press ... Flag as irrelevant
	Fox Business Lyft Cuts 2% Jobs on Journey to Profitability The New York Times (Reuters) - Lyft Inc said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021. The restructuring happened in two of its teams, sales and marketing, the company ... Flag as irrelevant
	Seattle Times UPS's stock rises as adjusted profit matches expectations, while revenue comes up shy MarketWatch Shares of United Parcel Service Inc. UPS, +0.34% rose 0.9% in premarket trading Thursday, after the package delivery service reported a fourth-quarter adjusted profit that matched expectations, while revenue came up shy. The company swung to a net loss ... Flag as irrelevant
	TheStreet Verizon Gains Subscribers on Disney+ Offers but Misses Earnings Forecasts TheStreet Verizon Inc. (VZ) - Get Report posted modestly weaker-than-expected fourth quarter earnings Thursday while adding more mobile phone subscribers as it offered the new streaming package launched last year by Walt Disney Co. (DIS) - Get Report. Verizon ... Flag as irrelevant
	Reuters JLR parent Tata Motors posts third-quarter profit above estimates Reuters BENGALURU (Reuters) - India's Tata Motors Ltd (TAMO.NS) on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury car brand Jaguar and Land Rover rose in China and it kept a tight lid on costs. The carmaker reported ... Flag as irrelevant
	Yahoo Tech Coinbase poaches Google Shopping VP as CPO for cryptocommerce Yahoo Tech "We're trying to shift cryptocurrency from this speculative asset class to driving real-world utility," Coinbase CEO Brian Armstrong tells me. How? Through commerce and micropayments. But now Coinbase has the who to build it. Today the startup announced it ... Flag as irrelevant
	BBC News PG Tips under review as Unilever hails herbal tea BBC News Consumer goods giant Unilever has begun a strategic review of its tea business, including PG Tips and Lipton. The company said the move was prompted by a slowdown in sales of traditional tea as more consumers switch to the herbal variety. It is part of ... Flag as irrelevant
	BBC News Three North Sea fields stop production to allow underwater repairs BBC News Three North Sea oil and gas fields have stopped production to allow repairs on a platform to be carried out. Serica Energy said there was deterioration of an underwater section of a structure on the Bruce installation. The company said the repair work would ... Flag as irrelevant
	CNBC Stocks making the biggest moves after hours: Facebook, Microsoft, Tesla, PayPal and more CNBC Check out the companies making headlines after the bell: Facebook – The social media giant's shares plummeted 7% in extended trading on Wednesday after the company showed a 51% rise in expenses in the fourth quarter. Overall, Facebook delivered ... Flag as irrelevant
	Financial Times Virgin Money's chief financial officer to leave for Nordea bank Financial Times Virgin Money's chief financial officer Ian Smith will leave the bank later this year to join Nordic lender Nordea. Virgin announced Mr Smith's departure to take up an "external overseas opportunity" on Thursday morning. A person close ... Flag as irrelevant
	The Independent UK car industry slumps for third straight year as production hits lowest level since 2010 The Independent British car production slumped for the third year in a row in 2019, dropping by 14.2 per cent on the previous twelve months. UK factories produced some 1.3 million units, according to figures released by the main industry body. The reduction was attributed to ... Flag as irrelevant
	AlphaStreet Coca-Cola shares rise after revenue beat MarketWatch Coca-Cola Co. KO, +0.00% shares rose 1.7% in Thursday premarket trading after the beverage giant reported fourth-quarter revenue that beat expectations. Earnings per share of 47 cents were up from 43 cents per share last year. The company did not ... Flag as irrelevant
	FOX43.com Old Bay has a hot sauce now and some folks are pretty excited FOX43.com Fans of hot sauce and Old Bay seasonings may want to plan a trip to the grocery store soon. McCormick & Company, the Maryland-based spice purveyor that makes Old Bay, says it's selling a limited-edition hot sauce that combines the two flavors. It will be ... Flag as irrelevant
	Business Standard Market Wrap, Jan 30: Indices at 3-week closing low, Sensex tanks 285 pts Business Standard Indian equities reversed all the gains made yesterday and moved south as concerns over the spread of Coronavirus continued to affect investor sentiment on Thursday. D-Street was a sea of red with bluechip stocks like Reliance Industries, SBI, Infosys, HDFC ... Flag as irrelevant
	CNA The Coca-Cola Q4 19 Earnings Conference Call At 8:30 AM ET Nasdaq Contributor. RTTNews.com RTTNews. Published. Jan 30, 2020 6:05AM EST. (RTTNews) - The Coca-Cola Company (KO) will host a conference call at 8:30 AM ET on Jan. 30, 2020, to discuss Q4 19 earnings results. To access the live webcast, log on to ... Flag as irrelevant
	Business Standard RBI accepts Kotak Bank promoters' plan to cap voting rights, reduce stake Business Standard Private sector lender Kotak Mahindra Bank on Thursday said that the Reserve Bank of India (RBI) in a letter to the bank on January 29 has agreed in-principle to cap promoters' voting rights in the bank to 20 per cent of the paid up voting equity share capital ... Flag as irrelevant
	Mirror.co.uk Norton Motorcycles, founded in 1898, goes into administration Mirror.co.uk Norton Motorcycles, founded in Birmingham in 1898, has gone into administration. The company started by James Lansdowne Norton began as a manufacturer of "fittings and parts for the two-wheel trade", but had started manufacturing motorcycles by 1902. Flag as irrelevant
	Reuters UK National Grid agrees $431 million of contracts for stabilising UK electricity system Reuters LONDON (Reuters) - National Grid's (NG.L) said on Wednesday it had agreed contracts with five parties worth 328 million pounds ($431 million) over a six-year period for services to manage the stability of its electricity system in Britain. National Grid's ... Flag as irrelevant
	ksenam Athlete of the Week ksenam KSEN/K96—Bozeman Trophy Athletes of the Week had a career high performance on the female side and a continuance of state-leading stats on the male side. Our male Athlete of the Week, Sr. Riley Spoonhunter of Browning has been playing "really solid," ... Flag as irrelevant
	KFYR-TV Man discovers value of time while at 'Antiques Roadshow' in West Fargo KFYR-TV There are always plenty of surprises on "Antiques Roadshow," and that includes an episode that ran Monday shot in West Fargo. A man identified only as David brought a Rolex watch he bought for about $350 when he was in the Air Force in 1974. Then he ... Flag as irrelevant
	HNGnews.com Astrochef recalls Banquet pizza sandwiches HNGnews.com Astrochef LLC., of Rockwall, Texas, is recalling approximately 7,363 pounds of pepperoni stuffed pizza sandwich products because the product is mislabeled and contains undeclared soy, a known allergen, the U.S. Department of Agriculture's Food Safety ... Flag as irrelevant
	Ventureburn Logistics vertical hotting up, as Kenya's Sendy closes $20m Series-B round Ventureburn Nairobi-based on-demand delivery platform Sendy has raised $20-million in a Series-B investment round led by Atlantica Ventures. Sendy connects businesses and individuals to third party delivery drivers of all vehicle types in Kenya, Uganda and Tanzania. Flag as irrelevant
	Anadolu Agency Turkey: Central Bank keeps inflation forecast unchanged Anadolu Agency ANKARA. Turkey's Central Bank on Thursday announced its inflation forecasts for 2020-21 remain unchanged. The bank projected Turkey's year-end inflation to stand at 8.2% at by the end of 2020 and 5.4% at end-2021, the governor Murat Uysal said during ... Flag as irrelevant
	Mining MX Caledonia to post "substantially higher" earnings for 2019 owing to gold price Mining MX CALEDONIA Mining Corporation, the Zimbabwe gold miner, would report "substantially higher" earnings for its 2019 financial year than expected as a result of continued strength of the gold price, higher than expected production and lower costs. Earnings ... Flag as irrelevant
	Financial Times Church of England joins passive push with climate index Financial Times God is moving into the index business. The Church of England Pension Board, overseer of the £2.8bn retirement savings pot for the Anglican clergy, will on Thursday launch a passive index aligned with the Paris climate goals on the London ... Flag as irrelevant
	Simple Flying Delta Mulls Updating Employee Uniforms Again Amid Health Complaints Simple Flying Delta Air Lines crew members have been complaining about their new uniforms, citing serious health concerns from the bright purple material. The complaints have spurred the airline to consider updating the uniforms again. Flag as irrelevant
	CNET Super Bowl 2020 TV tips: How to adjust your picture, sound quality CNET Are you and your TV ready for the Super Bowl this Sunday, February 2? If you're not among the lucky fans who get to watch the game in person at Hard Rock Stadium in Miami, you'll probably be among the 100 million-plus people watching it on a TV, whether ... Flag as irrelevant
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