Friday, January 31, 2020

Google Alert - finance

Google
finance
As-it-happens update January 31, 2020
NEWS
Nasdaq
You probably won't miss much when you say goodbye to your traditional 9-to-5, but one of the things that you might regret leaving behind is your 401(k). You could struggle to save enough for your future if all you have is an IRA. But there is another option: a ...
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Wall Street Journal
The Federal Reserve Bank of New York added $82.58 billion in new liquidity to financial markets Thursday, but the overall outstanding amount of interventions held roughly steady. The Fed's money entered eligible banks' coffers in two ways. One was an ...
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Forbes
The World Economic Forum (WEF) convened in Davos Switzerland last week for its 50th Anniversary. This year's main agenda was dominated by climate change, capitalism and technology. On the WEF main conference stage this year, Young Change ...
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Reuters
SHANGHAI/BEIJING (Reuters) - The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said.
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Nasdaq
By Costas Pitas. LONDON, Jan 31 (Reuters) - Canadian billionaire Lawrence Stroll will take an up to 20% stake in Aston Martin AML.L for nearly 200 million pounds ($263 million) as the ailing carmaker raises funds after a sales drop put pressure on its ...
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Nasdaq
Jan 31 (Reuters) - South African petrochemicals group Sasol SOLJ.J said on Friday it expects lower half-year headline earnings per share (HEPS) and cut its outlook on earnings from its Lake Charles Chemicals project after a fire at the unit earlier this month.
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Nasdaq
Vertex Pharmaceuticals (NASDAQ: VRTX) announced its fourth-quarter financial results on Thursday afternoon, which were above analyst expectations. For the three months ending on Dec. 31, Vertex reported $1.4 billion in product revenues, which was ...
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Reuters Africa
(Adds detail, background and quote). JOHANNESBURG, Jan 31 (Reuters) - Scandal-hit South African sugar producer Tongaat Hulett Ltd reported a smaller half-year interim loss on Friday, with improved performance in Zimbabwe and Mozambique offsetting ...
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Times Colonist
COLUMBIA, Mo. (AP) — Freezing nights followed by sunny days — a weather pattern that's common in Missouri from January through March — provide a precious opportunity for maple syrup makers each year. John Stolwyk, a retired engineer who lives in ...
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Belfast Telegraph
(Adds details on accounting scandal, management issues) Jan 31 (Reuters) - M&C Saatchi Plc said on Friday Britain's financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year. The investigation ...
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TheStreet
Visa (V) - Get Report reported fiscal-first-quarter net income and revenue rose 10%, in line with analysts' estimates. For the period ended Dec. 31, Visa earned $3.27 billion compared with $2.98 billion in the year-earlier quarter. Per-share earnings gained ...
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Reuters
LONDON, Jan 31 (Reuters) - Confidence among British consumers in January touched the highest level since September 2018, bolstering other signs of a post-election bounce in the economy since last month's election, a survey showed on Friday.
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Business Recorder
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 31, 2020). The world's largest tea maker is considering giving up on tea. Unilever PLC is ...
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The Indian Express
(Repeats story that ran on Thursday, with no changes to text apart from headline). By Sankalp Phartiyal. NEW DELHI, Jan 30 (Reuters) - The coronavirus outbreak in China could start to disrupt India's production of smartphones if it continues to spread in ...
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Bloomberg
Volkswagen AG offered to buy the rest of Navistar International Corp. in a $2.9 billion bid to secure a bridgehead in the the U.S. heavy-truck market and step up its challenge to global rivals Daimler AG and Volvo AB. Volkswagen's Traton SE unit has offered ...
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KEYT
Asian markets are showing signs of recovery after being battered this week by the spread of the coronavirus. Japan's Nikkei 225 jumped 1.1%, while Hong Kong's Hang Seng Index rose 0.7%. South Korea's Kospi moved up 0.3%. The Hang Seng had lost ...
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EURACTIV
A sudden break on oil drilling caused by last-minute climate action by regulators could halve the value of new projects being developed today, according to fresh analysis published on ...
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The Hindu BusinessLine
Benchmark indices edge up. The benchmark indices, which opened firm but shed their gains to slip into the red in the morning session, recouped most of their losses to trade firmer in the afternoon session on Friday. The Sensex was quoted at 40,908, ...
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WLOS
ARDEN, N.C. (WLOS) — For 56 years, a scrubber stack was a towering part of an energy era here in the mountains. Overnight, it became a relic of the past. "It's an exciting moment, but also a bittersweet day," says spokesperson Jason Walls. At 4 p.m. ...
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finder.com.au
Cambodia's central bank, the National Bank of Cambodia (NBC), will launch a blockchain-based central bank digital currency (CBDC) within a few months, said NBC director-general Chea Serey to The Phnom Penh Post. The initiative is called Bakong, and ...
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Supermarket News
Amazon's data prowess and customer knowledge will drive its growth in retail grocery and make it an ongoing threat to brick-and-mortar food retailers, according to a new analysis from Brick Meets Click. So far, Amazon has established a "strong beachhead in ...
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Livemint
AYUSHMAN BARUAH : Abidali Z. Neemuchwala, fondly known as Abid, stepped down on Friday as the CEO and managing director of Wipro Ltd, after overseeing the over $8 billion IT services major for four years, serving clients across six continents.
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RenewEconomy
NextEra Energy is a major US utility and is well named, and it is doing for shareholders what AGL and Origin Energy in Australia won't. The figure below is a 10 year graph of the AGL, Origin and NextEra share prices. Each is expressed as an index that starts ...
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Ethereum World News
After a brutal performance in 2019 of -50%, XRP, the third-largest cryptocurrency by market capitalization, has finally begun to show signs of life over the past few weeks, having been partially revived by a colossal nearly 50% surge in the price of Bitcoin.
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CNET
Elon Musk, the CEO of SpaceX and Tesla, pointing to the sky behind a computer where he, apparently, just completed recording a song. Elon Musk/Twitter. In the latest, strangest news from the world of Elon Musk, it appears the famed CEO of rocket company ...
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Livemint
NEW DELHI : India's privately-owned airline SpiceJet has confirmed data breach of over a million of its passengers after a security researcher highlighted a security lapse in its systems. According to TechCrunch, a security researcher, who described their ...
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wokq.com
Attention pregnant ladies with twins! Pizza Hut is ready to donate a big chunk of change to your children's education fund during the Big Game with their contest, according to Fox. Oh...and free pizza (two years worth!!)...oh...and tickets to Superbowl LV for the ...
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