Google Alert - finance

	finance As-it-happens update ⋅ January 31, 2020
	NEWS
	Forbes Here's the daring way Europe's largest fund manager is reacting to the coronavirus outbreak MarketWatch There is considerable debate whether to "buy the dip" or not as financial markets react to the coronavirus outbreak. Amundi Asset Management, Europe's largest fund manager with €1.45 trillion ($1.6 trillion) in assets under management, is taking it one step ... Flag as irrelevant
	Reuters Exclusive: EssilorLuxottica's €7.2 billion Dutch deal faces full EU probe - sources Reuters BRUSSELS (Reuters) - EssilorLuxottica's (ESLX.PA) 7.2 billion euro ($8 billion) bid for Dutch opticians group GrandVision (GVNV.AS) faces a full-scale EU antitrust investigation after it declined to offer concessions to address concerns, people familiar with ... Flag as irrelevant
	OE Digital UPDATE 2-Lundin Petroleum raises output forecast after beating Q4 forecasts Reuters ... * Raises dividend by 22%. * Expects higher output growth. * Cuts production cost estimate. * Says budget to rise 30% including renewables investment (Adds quote, background). OSLO, Jan 31 (Reuters) - Sweden's Lundin Petroleum , a partner in Norway's ... Flag as irrelevant
	Reuters UK US Banks Could Invest in Venture Capital Funds Again Under 'Volcker Rewrite' The New York Times WASHINGTON — U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced following the 2007-2009 global financial crisis, regulators said on Thursday. The proposed ... Flag as irrelevant
	The Hindu BusinessLine Oil Climbs as WHO Declares Emergency, Says It 'Opposes' Travel, Trade Restrictions The New York Times SINGAPORE — Oil prices rose on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of a coronavirus that originated in China last ... Flag as irrelevant
	The Atlantic The Man Who Saw Tomorrow's Disruption The Atlantic Newsrooms, like so many other workplaces, were hit hard by the financial crisis of 2008. I was working as an editor for a division of Canwest, Canada's largest newspaper and broadcasting company at the time, when it declared bankruptcy the following year. Flag as irrelevant
	CNBC Tesla stock is wrapping up its best month since 2013, adding $40 billion in value in January CNBC The last time Tesla shareholders had a month like this, the electric vehicle maker was delivering fewer than 5,000 cars a quarter. Now, the number is more than 20 times higher. As January comes to a close, Tesla shares are up 53% for the month as of ... Flag as irrelevant
	Wall Street Journal KKR Swings to Profit Wall Street Journal Private-equity firm KKR & Co. reported a profit in the fourth quarter, compared with a net loss a year ago. Net income was $523.4 million, compared with a loss of $384.6 million a year earlier. KKR reported earnings of 91 cents a share, compared with a loss of ... Flag as irrelevant
	ZDNet Japanese company NEC confirms 2016 security breach ZDNet Special feature. Cyberwar and the Future of Cybersecurity. Today's security threats have expanded in scope and seriousness. There can now be millions -- or even billions -- of dollars at risk when information security isn't handled properly. Read More. Flag as irrelevant
	Reuters France's Orange chooses Nokia and Ericsson to deploy its 5G network at home Reuters PARIS (Reuters) - Orange (ORAN.PA), France's biggest telecoms company, said it had chosen Nokia (NOKIA.HE) and Ericsson (ERICb.ST) to deploy its 5G network in mainland France, as China's Huawei Technologies faces intense political scrutiny in ... Flag as irrelevant
	Reuters Exxon quarterly profit falls 5.2% on weak refining, chemical margins Reuters (Reuters) - Exxon Mobil Corp (XOM.N) reported a 5.2% drop in fourth-quarter profit on Friday, hit by weaker margins in its refining and chemical business. Net income attributable to the company fell to $5.69 billion, or $1.33 per share, in the three months ... Flag as irrelevant
	Wall Street Journal Caterpillar Posts Higher Profit but Warns of 2020 Pressures Wall Street Journal Caterpillar Inc. CAT -0.30% reported a better-than-expected adjusted profit for the latest quarter, but guided for 2020 earnings below Wall Street's forecast as global uncertainty pressures sales. The Deerfield, Ill.-based maker of bulldozers and excavators said ... Flag as irrelevant
	U.S. News & World Report Eurozone Economy Records Worst Year Since 2013 The New York Times LONDON — The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since the height of the single currency bloc's debt crisis in 2013. In its first estimate for the ... Flag as irrelevant
	Reuters Governments launch rewrite of international tax rules Reuters PARIS (Reuters) - Nearly 140 governments have agreed to launch a rewrite of decades-old cross-border tax rules for the digital age over the coming months, the Organization for Economic Cooperation said on Friday after talks this week in Paris. The rise of ... Flag as irrelevant
	Fox Business Reynolds Shakes Off Market Jitters With Year's First Big IPO The New York Times NEW YORK — Reynolds Consumer Products, the maker of Reynolds Wrap tin foil, raised around $1.2 billion (913 million pounds) in its initial public offering on Thursday, braving stock market volatility fuelled by concerns over the spread of a coronavirus. Flag as irrelevant
	CNBC Healthcare Company Novacyt Launches New Coronavirus Test The New York Times PARIS — Healthcare company Novacyt said on Friday it had launched a new molecular test for the coronavirus currently afflicting China and other parts of the world. The company said its Primerdesign coronavirus test could detect the 2019 strain of the virus, ... Flag as irrelevant
	Fortune VW offers $2.9 billion to buy the rest of Navistar in US truck market push Fortune Volkswagen AG offered to buy the rest of Navistar International Corp. in a $2.9 billion bid to secure a bridgehead in the U.S. heavy-truck market and step up its challenge to Daimler AG and Volvo AB. The expansion was somewhat offset by Volkswagen's first ... Flag as irrelevant
	Reuters Senior warns of 20% aerospace revenue fall from 737 MAX grounding Reuters (Reuters) - Senior Plc (SNR.L), on Friday warned of a deeper hit to its 2020 revenue and margins from the grounding of the 737 MAX airliner, sending shares in the Boeing (BA.N) supplier to 8-year lows. FILE PHOTO: Grounded Boeing 737 MAX aircraft are ... Flag as irrelevant
	San Francisco Chronicle The Chronicle's expert guide to 2020 SF Beer Week events San Francisco Chronicle Hundreds of beer-centric events will take place during San Francisco Beer Week (Feb. 7-16), and they're no longer limited to the typical fare of trivia nights, tap takeovers and home brew competitions. This year you'll find beer events featuring dog adoptions, ... Flag as irrelevant
	Bloomberg How the Coronavirus Can Infect Global Supply Chains Bloomberg China is the world's largest exporter of intermediate manufactured products -- components destined for use in supply chains across the world. About 20% of global imports of those products came from China in 2015, according to Bloomberg Economics' ... Flag as irrelevant
	CNBC American Airlines, mechanics union reach tentative $4.2 billion contract deal CNBC American Airlines and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five maintenance and fleet service groups after more than four years of often bitter negotiations. The agreements are worth $4.2 ... Flag as irrelevant
	InvestmentNews Secure Act's big impact on affluent clients InvestmentNews Advisers should expect numerous consequences for their affluent clients from the SECURE Act, including a handful of estate and tax issues. The changes present opportunities for advisers to demonstrate their worth to clients, and they could also prompt ... Flag as irrelevant
	PRNewswire Charter stock gains after earnings beat MarketWatch Charter Communications Inc. shares CHTR, +0.46% were up 2.2% in premarket trading Friday after the company posted a sizable fourth-quarter earnings beat. The company reported net income of $714 million, or $3.28 a share, up from $296 million, or $1.29 ... Flag as irrelevant
	Slater Sentinel Colgate-Palmolive Guides FY20 Net Sales Growth Above Estimates - Quick Facts Nasdaq (RTTNews) - While reporting financial results for the fourth quarter on Friday, Colgate-Palmolive Co. (CL) initiated earnings and sales growth guidance for the full-year 2020. For fiscal 2020, the company now expects earnings per share to increase in the mid ... Flag as irrelevant
	Nasdaq S.Africa's Sasol sees lower H1 earnings after Lake Charles unit fire Nasdaq (Adds details on additional costs and background) Jan 31 (Reuters) - South African petrochemicals group Sasol said on Friday it expects lower first-half headline earnings per share (HEPS) and also cut earnings outlook from its Lake Charles Chemicals ... Flag as irrelevant
	ETF Trends Tesla Rockets Higher, Trampling Shorts In Its Wake ETF Trends After a surprise move higher following Tesla's earnings release, investors betting against the electric-auto maker collectively lost more than $1.5 billion on Thursday, according to estimates data firm S3 Analytics. Tesla rocketed higher after its ... Flag as irrelevant
	Riverton Roll UPS Doubling Down on Weekend Deliveries as e-Commerce Booms and Amazon Looms The New York Times (Reuters) - United Parcel Service Inc said it aims to more than double weekend deliveries in 2020 as package carriers look for ways to satisfy the always-on demands of e-commerce customers, including rising rival Amazon.com Inc. The world's biggest online ... Flag as irrelevant
	FT Adviser UPDATE 2-Hargreaves Lansdown new asset growth slows after Woodford Reuters ... * Assets up 3.3% in three months to end-December. * Net new business 2.3 bln stg, lags some estimates. * Shares down 5.3%, worst performer on FTSE 100 (Adds detail from statement, analyst reaction). By Simon Jessop. LONDON, Jan 31 (Reuters) - A ... Flag as irrelevant
	Livemint Privatised CPSEs reported better profit, sales after transition: Economic Survey Livemint NEW DELHI : Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said. The survey, tabled in Parliament on Friday, examined the change in performance for each ... Flag as irrelevant
	RTE.ie Survey finds credit card cost awareness is low RTE.ie A new survey has laid bare a lack of awareness among credit card users about the cost of using their cards. Nearly three out of every five of those polled said they don't know what interest rate they pay, with 40% unsure about how their rate is applied. Flag as irrelevant
	Successful Farming EPA regulatory review finds no human health risks to glyphosate Successful Farming The Environmental Protection Agency (EPA) has concluded its regulatory review of glyphosate — the most widely used herbicide in the United States. After a review of what EPA officials term as best available science, as required under the Federal Insecticide ... Flag as irrelevant
	Flightglobal Hawaiian full year income falls as competition increases Flightglobal Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income for the full year 2019 fell 25% to $219 million compared to the same period a year ago as it faced stiff new competition on some of its stronger routes within the Hawaiian ... Flag as irrelevant
	MoneyWeek Currency Corner: As Britain leaves the EU, what lies ahead for the pound? MoneyWeek Editor's note: A quick note before we start today – we'd love to get your opinion on MoneyWeek magazine, Money Morning and the website. I'd really appreciate it if you could take 10 minutes to fill in a short survey – it'll help us to focus our efforts on making ... Flag as irrelevant
	Investing.com Top 5 Things to Know in the Market on Friday Investing.com Investing.com -- Stock markets are heading lower as the coronavirus death toll showed its biggest daily increase to date. Amazon (NASDAQ:AMZN) and IBM (NYSE:IBM) are set to buck the trend after the former posted blowout earnings and the latter ... Flag as irrelevant
	ACROFAN USA GAN Announces Favorable Trading Update for FY 2019 Yahoo Finance GAN Expected to Post 2019 Year-End Financial Results Ahead of Expectations, Company to File Registration Statement on Form F-1 as Part of U.S. Listing Process. GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of ... Flag as irrelevant
	Pittsburgh Post-Gazette Suit alleges Citizens Bank broke consumer protection laws by mishandling credit card disputes Pittsburgh Post-Gazette The Consumer Financial Protection Bureau is suing Citizens Bank, alleging violations of the federal Truth in Lending Act and other consumer protection laws by failing to properly manage and respond to credit card disputes. The suit accuses the Providence, ... Flag as irrelevant
	Livemint Tech Mahindra Q3 net profit dips 4.7% to ₹1146 crore Livemint NEW DELHI : IT services firm Tech Mahindra on Friday reported a 4.7 per cent decline in its consolidated net profit at ₹1,145.9 crore for the December 2019 quarter. The Mumbai-based firm had registered a net profit (attributable to owners of the company) at ... Flag as irrelevant
	ABC News Coronavirus will cost Australia at least $1 billion says UBS, and that's if it doesn't get worse ABC News The coronavirus outbreak in China is taking a heavy human toll, but investment bank UBS warns it will also take a large economic toll, including in Australia. Key points: UBS said the group travel ban alone could cost Australia at least $1 billion in services ... Flag as irrelevant
	CarsGuide CONFIRMED: Mercedes-Benz axes the X-Class dual-cab as premium ute experiment fails CarsGuide Mercedes-Benz has confirmed that it will cease production of its X-Class range from the end of May. CarsGuide recently reported that the X-Class posted poor sales figures in 2019, rendering it non-competitive against key rivals in the dual-cab ute segment. Flag as irrelevant
	Canada NewsWire Cott signs deal to sell S&D Coffee and Tea business to Westrock Coffee Delta-Optimist TORONTO — Cott Corp. has signed a deal to sell its S&D Coffee and Tea business to Westrock Coffee Co. LLC for US$405 million. The sale is part of Cott's plan to focus on its water business. article continues below ... Flag as irrelevant
	Midwest Communication European drug panel recommends approval for Novo Nordisk oral diabetes treatment National Post A panel of the European medicines regulator has recommended approving Novo Nordisk's new diabetes pill, Rybelsus, further boosting prospects for the Danish drugmaker with its first-of-a-kind, non-injectable treatment. The European Medicines Agency said ... Flag as irrelevant
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