Friday, January 29, 2021

Google Alert - finance

Google
finance
As-it-happens update January 29, 2021
NEWS
The New York Times
Here's everything that happened with GameStop this week. · France and Germany slowly emerge from severe recessions. · California moves to help tenants hit by the pandemic pay their back rent. · What did local businesses that closed because of Covid-19 ...
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Bloomberg
A Dutch court has ordered Royal Dutch Shell Plc's Nigerian unit to compensate for oil spills in two villages over 13 years ago. Shell Nigeria is liable for damages from pipeline leaks in the villages of Oruma and Goi, the Hague Court of Appeals said in a ruling ...
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Bloomberg
Irish central bank governor speaks in Bloomberg TV interview · GDP data shows euro zone was relatively robust at end of 2020.
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The Wall Street Journal
Nongfu Spring's profit margins and growth potential have impressed investors and analysts. Exuberance and a shortage of tradable shares have helped, too.
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Bloomberg
In 1967, The Who's Pete Townshend scissor-kicked a brand of workmen's boots to iconic status. Now, that brand is making waves in another debut: It's the first day of trading for Dr. Martens Plc on London's stock market. After pricing its initial public offering at ...
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Nasdaq
One major benefit of using credit cards is getting to rack up rewards for the purchases you're already planning to make. But if you let those rewards expire, they won't be worth anything.
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Bloomberg
Silver prices were whipsawed again, suggesting the market remains on high alert after a call by Reddit posters to create a short squeeze sparked sharp moves Thursday. Spot silver rose as much as 3.5%, as prices resumed an earlier climb after the dollar ...
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Bloomberg
Low crude prices and $338 million in losses from Chevron's global network of refineries wiped out most of the gains from harvesting oil and gas during the quarter. Photographer: Kyle Grillot/Bloomberg ...
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Motley Fool
An index fund is a collection of stocks grouped together into a single investment. In addition, index funds are designed to follow certain stock market indexes, such as the S&P 500, the Nasdaq, or the Dow Jones Industrial Average.
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CNBC
AMC staved off bankruptcy through a debt restructuring deal last summer with its creditors and private equity firm Silver Lake, and a series of other financial transactions in recent months.
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CNN
New York (CNN Business) If you're having a hard time finding Grape-Nuts at your local supermarket, you are not alone. The pandemic has come for Grape-Nuts. Supply chain constraints and higher demand for cereal have led to shortages of the product, ...
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Bloomberg
MTN Group Ltd. has taken legal action against the terms of a highly anticipated auction of new broadband spectrum in South Africa, saying the company and rival Vodacom Group Ltd. are being shut out of bidding for the most appealing 5G bandwidth. Africa's ...
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Nasdaq
That emotion is so prevalent when it comes to bitcoin that the currency deserves its own FOMO ticker on the New York Stock Exchange and NASDAQ. And importantly, investors who have FOMO will repeatedly pull an anti-Warren Buffet; they buy high like ...
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Crain's Detroit Business
Ann Arbor mortgage company reduces offering from $237 million · Private equity ownership still controls vast majority of company · Home Point counts businessman, GOP politico Ron Weiser as investor.
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Bloomberg
Platinum Equity made an unsolicited, non-binding proposal on a possible cash bid, Marston's said in a Friday statement, confirming an earlier Bloomberg News report. The company's board will evaluate the proposal with its advisers ...
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MarketWatch
That beat expectations for earnings per share of $4.83, according to FactSet. Charter generated revenue of $12.6 billion for the quarter, up from $11.7 billion a year earlier and roughly even with the FactSet consensus. The ...
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Statesville Record & Landmark
Beautiful 2 story on over 1/2 acre in the Pines. This 4B/4ba home has loads of updated features including: Main HVAC, HWH, deck(2020) added front porch & roof(2017) Kitchen appliances(2016) Enter and fall in love w/ the hardwood floors in the foyer ...
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San Francisco Chronicle
Analysts had expected the company to earn $3.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 8.6% to $1.51 billion ...
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Reuters
(Reuters) - Biogen Inc and partner Eisai Co Ltd said on Friday the U.S. Food and Drug Administration has extended the review period for their experimental Alzheimer's disease treatment by three months. Biogen's shares rose 8% premarket. The FDA will now ...
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MarketWatch
The company said it has delivered 950,000 bamlanivimab doses to the U.S. government, and has agreed to deliver 500,000 more doses no later than March 31. The stock was slipped 0.1% in premarket trading. Net income rose to $2.12 billion, or $2.32 a share, ...
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MarketWatch
The vaccine also proved 85% effective in preventing severe disease and showed complete protection against COVID-related hospitalization and death as of day 28. The trial involved 43,783 patients and met all of its primary and secondary endpoints.
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Bloomberg
Firm is looking at cryptocurrencies for two new funds · Sees digital assets as having option-like loss potential.
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The CT Mirror
Connecticut is on the verge of changing one of the key financial underpinnings for residential solar electric systems, and, for the first time in more than a decade, it appears no one is complaining. The change is in how solar owners are compensated for the ...
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WJXT News4JAX
JACKSONVILLE, Fla. – Late Thursday, Southeastern Grocers Inc. announced it is was postponing its planned initial public offering -- just one day before the deal was expected to be priced. The Jacksonville-based supermarket chain that runs Winn-Dixie, ...
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U.S News & World Report Money
Germany's economy grew in the fourth quarter--avoiding a decline in output that some had anticipated-- according to a first estimate published Friday by the Federal Statistical Office. Gross domestic product increased by an adjusted 0.1% from the previous ...
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Kingsport Times News
KINGSPORT — Despite unprecedented challenges related to COVID-19, Eastman's financial performance in the fourth quarter and for the full year demonstrates the resilience of its people and portfolio, said Mark Costa, Eastman board chair and CEO, ...
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Fox Business
Ford has announced plans to manufacture the electric SUV in China for local sale starting later this year through its Changan Ford joint venture company. It will be the first time that a car carrying the Mustang name has been built in the country.
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BusinessDen
JLL reports the following deal: Libitzky Property Companies purchased the 220,396-square-foot office building INOVA II at 10825 E. Geddes Ave. in Centennial for $63.2 million from United Properties and Principal Real Estate Investors. The building was ...
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The Wall Street Journal
The fourth quarter's growth was concentrated at the start of the quarter, leaving the economy in a weak position now. The fourth quarter started strong, but rising Covid-19 cases stifled consumer spending in November. Photo: David Paul Morris/Bloomberg News.
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CIProud.com
Profit per share was at $1.42, which is a drop in price from last year's profit per share being at just under $2.00. With decreases throughout 2020, Caterpillar CEO Jim Umpleby, said he is still proud of the efforts during the pandemic.
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Motley Fool
"We saw sustained strength of debit and e-commerce volumes, as well as resilient domestic spending in most countries," he added. On the other hand, cross-border volume -- a big ...
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Livemint
Taiwan's economic growth outpaced that of China's for the first time in 30 years, helped by its early control of the virus and stellar export performance. Gross domestic product expanded 2.98% last year, official data showed Friday, compared with China's 2.3% ...
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CNBC
Mondelez beat Wall Street estimates for fourth-quarter revenue on Thursday, boosted by higher demand for its snacks and Oreo biscuits in its developed markets. Fresh restrictions imposed in Europe and North America to curb a spike in coronavirus infections ...
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Livemint
NEW YORK (AP) — Colgate-Palmolive Co. (CL) on Friday reported fourth-quarter profit of $647 million. On a per-share basis, the New York-based company said it had profit of 75 cents. Earnings, adjusted to extinguish debt, came to 77 cents per share.
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Forbes
Another 847,000 Americans filed new claims for state unemployment benefits last week (on a seasonally adjusted basis), the Labor Department said Thursday—that's 67,000 fewer than the prior week but still incredibly high by historical standards as the ...
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NBC News
Results from Novavax's Phase 3 trial in the United Kingdom demonstrated the vaccine candidate's efficacy and showed that it protected against the U.K. variant of the virus. Results from another trial, in South Africa, showed that it was also effective against the ...
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FOX 5 DC
Researchers analyzing preliminary data of recently discovered COVID-19 mutations in South Africa and Brazil say the new variants exhibit a higher possibility of reinfection as well as evasion of immune responses.
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Business Today
Dr Reddy's Laboratories share closed over 5% lower after the pharma firm announced profit lower than estimates in Q3. Profit was hit by an impairment charge worth Rs 600 crore. The pharma stock closed 5.69% or Rs 277 lower at Rs 4,598 against previous ...
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Livemint
The moderators of the group have defined it as the "Malaysian version" of Reddit's WallStreetBets forum, to discuss stocks listed on Bursa Malaysia. The discussions so far have centered on glove makers and calls to rally against institutional investors who have ...
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Minneapolis / St. Paul Business Journal
State officials begin a mass vaccination effort for Twin Cities teachers today in St. Paul, part of an effort to restart in-person classes. But the launch wa muddied after administrators shared a link to sign up, resulting in uninvited people taking time slots meant for ...
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Successful Farming
Soybeans dropped 70 cents and corn 50 cents per bushel in two days, causing farmers to lose big money, "thanks to Biden's executive orders." true barely-true.
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WTVB News
The AAA Foundation for Traffic Safety, the Insurance Institute for Highway Safety (IIHS) and Humanetics conducted crashes at three different impact speeds (40, 50 and 56 mph). They found that even slightly higher speeds were enough to increase the driver's ...
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