Friday, July 31, 2020

Google Alert - finance

Google
finance
As-it-happens update July 31, 2020
NEWS
Wall Street Journal
Media companies in Australia will be able to seek payment from Facebook Inc. FB 0.52% and Alphabet Inc.'s GOOG 0.62% Google for news articles that are posted on their platforms, according to new rules, which could set a precedent for other countries ...
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CNBC
Monzo reported an annual post-tax loss of £113.8 million in its 2020 accounts, up from the £47.1 million it lost last year. It said disruption resulting from Covid-19 has led to "significant doubt" about its ability to continue "as a going concern." The challenger ...
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Washington Post
TOKYO — Shares were mostly lower in Asia on Friday as data and corporate earnings capture dismal portrayals of the coronavirus pandemic's impact on world economies. Market players are monitoring financial reports to see how businesses have managed ...
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Reuters
PARIS (Reuters) - The French economy contracted by a post-war record of 13.8% in the second quarter, as consumption, investment and trade all collapsed under a lockdown imposed to contain the COVID-19 pandemic, although the drop was shallower than ...
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Reuters
HELSINKI/STOCKHOLM (Reuters) - Finnish telecom network equipment maker Nokia (NOKIA.HE) reported an unexpected rise in its second-quarter underlying profit on lower revenues on Friday, as it reduced low-margin business before a new chief ...
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MediaPost Communications
Despite an ongoing ad boycott and the pall of the pandemic, Facebook still managed to beat analysts' revenue expectations during the second quarter of the year. Although modest by Facebook's standards, total revenue still grew by 11% during the period to ...
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U.S News & World Report Money
United Parcel Service (NYSE:UPS) Q2 2020 Earnings Call Jul 30, 2020, 8:30 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Good morning. My name is Stephen, and I will be your facilitator ...
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Reuters
LONDON (Reuters) - The London Stock Exchange on Friday said it may consider selling part or all of its Italian stock exchange group to help get its planned $27 billion takeover of data and analytics group Refinitiv approved. The company said that it had ...
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Bloomberg
Spain's economy suffered a bigger blow than expected in the second quarter, burdening it with the prospect of a long recovery that's become even tougher because of additional headwinds facing the tourism industry. The record 18.5% drop in output -- led by ...
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Forbes
Bitcoin has soared this week, rocketing above $11,000 for the first time since August last year and adding around 20% in just a few days. Some smaller cryptocurrencies have made massive gains in recent months as bitcoin treaded water, eating into bitcoin's ...
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Reuters
LONDON (Reuters) - Swiss-based Glencore (GLEN.L) said a stellar performance in trading would see it hit the top end of guidance for the year but posted lower production figures for its first half. Copper output fell 11% to 588,100 tonnes for the six months to ...
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Wall Street Journal
PG&E Corp. Thursday posted a $1.97 billion loss in the second quarter as it dealt with bankruptcy-related costs, but said it expects to strengthen its business and become profitable next year now that it has emerged from bankruptcy protection. The San ...
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Bloomberg
U.K. house prices rebounded in July as pent up demand helped support the market, according to Nationwide Building Society, which said the government's stamp-duty cut will likely help boost value in the near term. Values rose 1.5% from a year earlier to an ...
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GovExec.com
The U.S. Postal Service is denying the Trump administration has used its leverage in controlling the purse strings of a loan to gain improper influence over the mailing agency's business operations, despite pushback from lawmakers who said the loan terms ...
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KIRO Seattle
HOUSTON — Another restaurant chain has filed for Chapter 11 bankruptcy protection amid the coronavirus pandemic. According to Bloomberg, Golden Gate Capital-owned California Pizza Kitchen filed the petition in Houston on Wednesday, saying it hopes ...
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Economic Times
NEW DELHI: Barring strong Jio numbers, Reliance Industries' June quarter results did not throw up any big surprise. And that raised concerns over rich valuations that the oil-to-telecom stock is trading at following its 140 per cent rally from March lows.
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Investorplace.com
SALT LAKE CITY, July 30, 2020 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2020. Second Quarter Financial Highlights. Total net revenue was $783 million, an increase of 109% ...
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New York Daily News
The success of a coronavirus vaccine candidate in protecting monkeys from the dangers of COVID-19 led to the beginning of U.S. human safety trials for Johnson & Johnson on Thursday. According to a study published in the journal Nature, the company's ...
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SiliconANGLE
Email security provider Mimecast Ltd. said today it has acquired eTorch Inc., the owners of MessageControl, a messaging security provider that offers solutions to stop social engineering and human activity attacks, for an undisclosed price. Founded in 2015 ...
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The Real Deal
Realogy's profits plunged during the second quarter, after coronavirus slowed home sales across the country, the brokerage giant said Thursday. Realogy reported a $14 million loss during the quarter — a huge drop from $69 million in profits during the same ...
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Houma Courier
The U.S. Food and Drug Administration has opened the door to COVID-19 testing that could be fast, cheap and handled entirely at home – if companies don't find the rules too burdensome. Routine screening of people who don't know they have COVID-19 ...
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Financial Times
Revenues at British American Tobacco remained largely flat in the first half, after smokers did not switch to cheaper brands as originally predicted by the group at the start of the pandemic. The FTSE 100 company said revenues grew 0.8 per ...
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12news.com KPNX
SCOTTSDALE, Ariz. — A Scottsdale woman who went viral in early July for recording herself ripping masks off a rack at Target says the incident was the result of a diagnosed but untreated mental illness. Melissa Rein Lively recorded the rant on July 4th at a ...
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Business Standard
Gold prices jumped on Tuesday to Rs 53,000 from Rs 52,700 per 10 gram, while silver fell to Rs 63,000 from Rs 66,050 per kilogram, according to Good Returns website. Gold jewellery prices vary across India, the second-largest consumer of the metal, due ...
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Courieranywhere
Two consecutive tax free shopping weekends kick off Friday. For 2020 only, the Tennessee General Assembly has approved two separate sales tax holiday weekends. During these weekends, certain goods may be purchased tax free. The first tax-free ...
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U.S. News & World Report
NEW YORK (Reuters) - Public health researchers at New York University are launching a coronavirus safety training for ride-hail workers at a time when many Uber and Lyft drivers are expected to return to the road as federal unemployment benefits expire.
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The Quint
The Indian government on Thursday, 30 July, imposed restrictions on imports of colour television sets. Why Was Such a Decision Taken? This announcement was made by the Directorate General of Foreign Trade (DGFT) in an attempt to promote local ...
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