NAIROBIDAILYNEWS.COM: Latest News 21:13 2019-07-11

Cargill quarterly profit dives 41% on trade tensions, U.S. floods

Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the ...

Cargill quarterly profit dives 41% on trade tensions, U.S. floods

Source: reuters.com

UPDATE 2-Cargill quarterly profit dives 41% on trade tensions, U.S. floods Global commodities trader Cargill Inc reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock....
20:39 2019-07-11

Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains....
17:26 2019-07-11

UPDATE 1-Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods Commodities trader Cargill Inc reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains....
16:52 2019-07-11

Maersk profit in line but trade tensions a concern Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties"....
09:52 2019-05-24

Trade Tensions, Rising Costs Hit Profit Outlook for Airlines Airline industry earnings this year are expected to fall 21% short of expectations with global trade tensions and rising costs denting the outlook for collective profits, the industry’s leading trade group said....
05:26 2019-06-02

Delta Air quarterly profit surges 39% on higher fares Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying fuller planes....
17:26 2019-07-11

Samsung Expects Quarterly Operating Profit to Fall More Than 50% Samsung Electronics said it expects its second-quarter operating profit to decline 56.3% from a year earlier as sluggish demand for memory chips was exacerbated by the nagging U.S.-China trade dispute....
10:13 2019-07-05

Bank of Montreal adjusted quarterly profit rises 4% Canada's fourth largest lender, Bank of Montreal, reported a 4% rise in adjusted quarterly profit on Wednesday, helped by its personal and commercial banking business....
12:26 2019-05-29

Alimentation Couche-Tard quarterly profit falls 25% Alimentation Couche-Tard Inc reported a 25% fall in quarterly profit on Tuesday, as the convenience store operator was hit by lower fuel sales and higher expenses....
23:26 2019-07-09

Nike misses quarterly profit estimates on higher marketing expenses Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product launches....
00:26 2019-06-28

UPDATE 3-Slow loan growth, higher provision eat into CIBC quarterly profit Canadian Imperial Bank of Commerce missed profit estimates for the third straight quarter on Wednesday, as weak loan growth and higher loan loss provisions in retail banking more than offset gains in capital markets business....
17:00 2019-05-22

UPDATE 1-Nike misses quarterly profit estimates on higher marketing expenses Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product launches....
23:13 2019-06-27

UPDATE 1-Canadian Pacific quarterly profit rises on higher commodity shipments Canadian Pacific Railway reported a 33% rise in adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator earned more from moving energy, chemicals, plastics as well as grains....
16:52 2019-07-16

Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier....
01:13 2019-07-02

CORRECTED-UPDATE 1- Nike misses quarterly profit estimates on higher marketing expenses Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product launches....
14:00 2019-06-28

UPDATE 3-Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier....
01:26 2019-07-02

United Airlines quarterly profit beats on strong travel demand, higher fares United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding....
22:52 2019-07-16

CORRECTED-UPDATE 2-Accenture's fall in bookings dampens upbeat quarterly profit, forecast Consulting and outsourcing services provider Accenture Plc reported a 9% fall in quarterly bookings on Thursday, overshadowing better-than-expected third-quarter results and an upbeat full-year forecast....
19:26 2019-06-27

UPDATE 1-United Airlines quarterly profit beats on strong travel demand, higher fares United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding....
22:52 2019-07-16

Major grain traders face one-two punch from U.S. floods, trade war Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co and Bunge Ltd for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said....
20:00 2019-07-10

Epic floods and trade wars – the US farmers battered by politics and climate The weather is wild, the tariffs are rising, and as frustration ripples through the Iowa corn fields, rural America is ready to confront its 2020 candidatesAaron Heley Lehman listened to the rain tap his window pane in the machine shed for two weeks, wondering when he would ever finish planting corn...
16:13 2019-05-30

Want to Profit From a Trade War? There’s an Investment Fund for That There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently risky....
16:13 2019-07-11

Low prices, floods and trade wars plague American farmers, putting their survival at risk Rains that delayed planting in the Midwest compound the crisis for farmers already struggling with low prices and trade wars.        ...
16:52 2019-06-06

Record Floods and Trump’s Trade War Are Threatening to Make This Year a ‘Train Wreck’ for Corn Farmers A smartphone could fit in the space between James McCune’s index finger and thumb as the Illinois farmer describes the height of crops stunted by incessant rain and unseasonably cool weather. “Corn’s not supposed to be this tall” in mid-June, McCune, who can trace his family&...
18:13 2019-06-14

CSX profit falls on trade-related weakness CSX Corp on Tuesday reported a quarterly profit that missed Wall Street's view after weakness in its trade-related intermodal business - which involves freight that moves via cargo ship, rail and trucks - weighed on results....
22:52 2019-07-16

U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest economic attack accordingly....
14:33 2019-05-21

Elkem warns on Q2 profit as China-U.S. trade war bites Oslo-listed Elkem, a major supplier to metals makers and chemical industries, warned on Thursday of a plunge in second-quarter earnings following a recent hike in U.S. tariffs on imports from China and a production delay in France....
10:52 2019-06-13

BASF Issues Profit Warning on Trade Concerns, Slowing Auto Market BASF slashed its profit forecasts, citing the continuing trade dispute between the U.S. and China as well as sluggish demand in the auto market, furthering the struggles at the German chemicals giant....
10:26 2019-07-09

PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war....
13:26 2019-05-23

U.S. manufacturing stumbles under weight of trade tensions U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an escalation in trade tensions between the United States and China....
21:52 2019-07-01

Fed officials say trade tensions could threaten growth The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth, four Federal Reserve policymakers said on Thursday....
22:52 2019-05-23

Trade tensions push down Wall Street U.S. stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company further inflamed trade tensions between the world's two largest economies....
21:13 2019-05-22

U.S. Consumers Boost Spending Despite Trade Tensions American shoppers ramped up their spending in May, providing critical fuel for the U.S. economy’s continued expansion despite trade tensions and slowing global growth....
20:52 2019-06-14

G-20 leaders express 'serious concerns' about trade tensions Leaders from some of the world's largest economies discussed concerns over trade tensions amid ongoing international issues such as the trade war between the United States and China....
00:13 2019-06-10

China says will fight to end if U.S. escalates trade tensions China will fight to the end if the United States decides to escalate trade tensions, the Commerce Ministry said on Thursday, as U.S. President Donald Trump reiterated his threat to levy additional tariffs on $300 billion of Chinese goods....
11:39 2019-06-06

Energy ETFs lower on trade tensions Todd Rosenbluth of CFRA and Matt Bartolini of State Street join 'ETF Edge' to discuss what they're watching as energy ETFs continue to fall....
22:00 2019-05-29

India-US trade tensions threaten the ties that bind The US and India are long-standing allies, and trade is an important part of the relationship. However, a row over market access and tariffs has escalated, leading to fears of a protracted dispute....
17:13 2019-06-17

Maersk Says Trade Tensions Hitting Shipping Demand The Danish shipping giant swung to a first-quarter loss and warned that rising trade tensions between the U.S. and China could cut container growth by up to a third this year....
18:39 2019-05-24

Factories Stall on Strong Dollar, Trade Tensions U.S. manufacturers are having a hard time mounting an encore to last year’s strong performance. Factories are on track for their weakest showing this year since 2016....
22:52 2019-06-01

U.S. Fed, PBOC seen cutting rates on trade tensions - BAML Bank of America Merrill Lynch analysts said on Tuesday they expect the U.S. and Chinese central banks would reduce domestic interest rates in the coming months as the trade conflict between their governments have intensified since May....
18:52 2019-06-04

Wall Street gains as trade tensions ease U.S. stocks posted broad-based gains on Friday, ahead of a long weekend, as sentiment was buoyed by optimistic comments by President Donald Trump that the protracted trade war with China could soon end....
16:13 2019-05-24

Oil Prices Slide on Trade Tensions and China Fears Oil prices slumped to a three-month low as concerns about President Trump’s trade policy and the slowdown in the Chinese economy cast doubt on the outlook for global demand....
12:52 2019-05-31

G20 finance leaders agree trade tensions have 'intensified' World financial leaders are meeting in Japan amid increasing trade and geopolitical tensions. Following rocky negotiations, they have reportedly pledged to take further action to address these economic risks....
07:26 2019-06-09

Oil prices drop as trade tensions stoke economy worries Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices....
05:13 2019-07-09

Trade tensions flare-up sours rate hope rally German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting....
12:52 2019-06-06

Behind Summit Smiles, Australia Says U.S.-China Trade Tensions Still Fester There has been no sign of a speedy resolution to U.S.-China trade tensions in recent meetings with American officials, Australia’s top finance minister said, despite President Trump’s more-conciliatory tone at last weekend’s Group of 20 summit....
14:00 2019-07-05

G-20 Financial Leaders Criticize Trade Tensions for Impact on Growth The Group of 20 major economies decried worsening trade tensions and their impact on global growth, with the U.S. and China locked in a protracted trade battle since negotiations fell apart a month ago....
19:13 2019-06-09

Mortgage rates fall sharply on China trade tensions Trade tensions with China may be a boon to the U.S. housing market. Investors are rushing into the relative safe-haven of the bond market, cause the yield on the U.S. 10-year Treasury to plummet. Mortgage rates loosely follow that yield....
20:39 2019-05-23

Investors retreat further from U.S. stock funds as trade tensions mount: ICI Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities last week, according to data......
02:39 2019-06-13

Trade tensions keep Wall Street lower ahead of Fed minutes U.S. stocks dipped on Wednesday, as reports that Washington could impose restrictions on another Chinese technology company fanned trade tensions, while investors awaited the release of minutes from the Federal Reserve's latest policy meeting....
20:39 2019-05-22

US Treasury yields tick lower as trade tensions continue U.S. government debt yields continued to fall Thursday morning after President Donald Trump declined to set a deadline on levying tariffs on another $325 billion of Chinese goods....
12:52 2019-06-13

Exclusive: Trade tensions put energy transition at risk - BP chairman Trade tensions risk throwing the global economy's transition to greener energy into disarray and could hurt energy companies' preparations toward it, BP Chairman Helge Lund said as leaders of the world's largest economies gather for talks in Japan....
20:26 2019-06-27

Here's where investors can hide out and areas they should avoid as trade tensions intensify Investor could add consumer staples and utilities as defense while staying away from companies with big sales exposure to China, according to Wall Street analysts....
17:00 2019-06-01

Tim Cook says China has not targeted Apple despite an escalation in trade tensions Tim Cook told CBS News that China has not targeted Apple as a result of the trade dispute with the U.S. — and he doesn't expect Beijing to do so....
07:26 2019-06-05

SNAPSHOT-Trump heightens trade tensions with tariffs on Mexico U.S. President Donald Trump, already at loggerheads with China over tariffs, has announced U.S. levies on all goods from Mexico unless it stopped people from illegally crossing into the United States, increasing fears that opening a new trade war front will threaten global and U.S. growth....
19:52 2019-05-31

Oil flat as U.S.-Iran tensions support prices, trade war weighs Oil futures held steady on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing....
19:39 2019-05-21

US STOCKS SNAPSHOT-S&P 500 opens at two-month low as trade tensions mount The S&P 500 opened at a more than two-month low on Wednesday as China's readiness to escalate its trade war with the United States fueled fears that the dispute could be long drawn and weigh on global growth....
16:39 2019-05-29

Oil steady as U.S.-Iran tensions support prices, trade war weighs Oil futures were flat on Tuesday as the prospect of U.S.-Iran tensions disrupting supply was offset by concerns that a drawn-out trade war between Washington and Beijing would weigh on crude demand....
20:26 2019-05-21

Carney sees 'widespread slowdown' as trade tensions deepen Bank of England governor Mark Carney has warned that the global economy is in a "widespread slowdown", with "worrying" signs ahead amid sustained trade tensions....
20:52 2019-07-02

U.S., China exchange barbs over Huawei as trade tensions flare The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike Pompeo accusing the chief executive of Huawei Technologies of lying about his company's ties to the communist government and Beijing saying Washington must end its "wrong actions" if it wants trade talks...
17:39 2019-05-23

Strong U.S. jobs growth expected in May, trade tensions a threat U.S. job growth likely increased solidly in May, with wage gains expected to pick up, showing strength in the labor market before an escalation in trade tensions that analysts have cautioned could pressure an already slowing economy....
11:52 2019-06-07

Yen, franc firm as trade tensions fester; pound sinks The Japanese yen and the Swiss franc firmed on Wednesday as risk appetite remained weak in the backdrop of festering trade tensions between the United States and China....
11:26 2019-05-22

Boeing crisis, trade tensions cast pall over air show Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world's largest planemakers as they arrive at this week's Paris Airshow with little to celebrate despite bulging order books....
16:26 2019-06-16

UK hopes Trump and Xi can ease trade tensions at G20 summit: Hammond Britain hopes that U.S. President Donald Trump and Chinese President Xi Jinping can make progress on easing trade tensions when they meet later this month at a summit of world leaders in Japan, British finance minister Philip Hammond said....
17:39 2019-06-17

Trade tensions, India tariffs put California almonds at risk MODESTO, Calif. (AP) — California supplies 82% of the world’s almonds, and India is the state’s biggest buyer. Now the future of that market is uncertain. India this month imposed tariffs on almonds and 27 other American products, including apples and walnuts. That was in retaliation for...
19:52 2019-06-27

Investors retreat further from U.S. stock funds as trade tensions mount -ICI Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities last week, according to data released on Wednesday by the Investment Company Institute (ICI). The declines came amid the Trump admi...
22:00 2019-06-12

U.S. Stocks, Bond Yields Fall Amid Trade Tensions The Dow fell more than 250 points after the latest flare-up in U.S.-China trade tensions quelled investors’ expectations of a near-term resolution between the world’s two biggest economies....
17:26 2019-05-23

EU's Malmstrom hopes Trump, Xi can meet and reduce trade tensions European Union Trade Commissioner Cecilia Malmstrom is hoping U.S. President Donald Trump meets his Chinese counterpart, Xi Jinping, at the G20 summit in Japan later this month to try to reduce trade tensions between the two countries....
21:26 2019-06-14

Trade tensions flare sours rate hope rally German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting....
11:39 2019-06-06

Bond bulls get a boost as trade tensions fan recession fears The global bond rally accelerated on Wednesday, sending 10-year U.S Treasury yields to 20-month lows, as investors fearful of the fallout from the Sino-U.S. trade war sold shares and scurried for the safety of German and U.S. government debt....
17:00 2019-05-29

Wall Street subdued as rate cut bets temper trade tensions U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China trade tensions after comments from President Donald Trump....
19:13 2019-06-06

UPDATE 1-Maersk warns trade tensions could curb shipping growth Danish shipping group A.P. Moller-Maersk warned on Friday that trade tensions and an economic slowdown could put a brake on growth in freight movements....
09:52 2019-05-24

U.S.-based equity funds post $22 bln outflows amid trade tensions Investors rattled by lingering trade tensions between the United States and China pulled roughly $22 billion from U.S.-based equity funds in the week ended May 29, according to data released by Refinitiv's Lipper research service on Thursday. (Reporting By Jennifer Ablan)...
23:01 2019-05-30

Bond bulls boosted as trade tensions send recession signals With no sign Sino-U.S. trade tensions will let up and fears of an Italy-European Union confrontation growing again, the global bond rally accelerated on Wednesday, as investors dumped shares and scurried for the safety of German and U.S. government debt....
12:00 2019-05-29

G20 to say trade tensions a key risk to growth, split on urgency of finding solution Global trade tensions threaten an expected pick up in economic growth this year and in 2020, a draft communique by the world's financial leaders showed on Saturday, but the policymakers are divided on whether the need to resolve them was "pressing"....
02:26 2019-06-09

Trump slammed Japan for having a ‘substantial edge’ over the US on trade as tensions simmer Jonathan Ernst/Reuters President Donald Trump said Japan had a "substantial edge" over the US on trade while speaking to business leaders in Tokyo. Trade tensions between both countries are simmering amid the US and China's back-and-forth tariffs on each other's goods. Trump and Japanese Prime M...
22:26 2019-05-25

Wall Street slips as trade tensions fuel slowdown fears The S&P 500 and the Nasdaq fell to their two-month lows on Wednesday after China signaled readiness to escalate the trade war with the United States, triggering fears of a long, drawn-out dispute that could weigh on global growth....
17:00 2019-05-29

China's Trade Frontman Points, With Laser, to Bright Side of U.S. Tensions Vice Premier Liu He said external pressure serves China’s long-term interests, providing rare insight into how he frames the high-stakes tussle between the world’s two biggest economies....
17:52 2019-06-13

US STOCKS SNAPSHOT-Wall Street drops as trade tensions weigh U.S. stocks closed lower on Tuesday, with initial gains giving way to declines as the likelihood of a prolonged trade war between the United States and China once again kept risk appetite in check....
22:52 2019-05-28

iPhone production could leave China if trade tensions rise, Foxconn says Production of Apple iPhones bound for the U.S. could be shifted out of China should the trade war between the U.S. and Beijing continue to escalate, a senior executive at Foxconn said Tuesday....
07:00 2019-06-12

Oil Prices Sink as Trade Tensions Limit Investors' Appetite for Risk Oil prices fell as investors’ risk appetite was hampered by trade tensions that could limit demand. Crude tracked losses in global markets after the U.S. and China dispute appeared to move further from resolution....
15:26 2019-05-29

China gives more chip design firms a tax break amid trade tensions China is making preferential tax treatment available to more chip design and software firms, in an effort to support domestic industries amid escalating trade tensions with the United States....
13:13 2019-05-22

Wall Street slides as trade tensions fuel growth fears Wall Street's main indexes hit a near three-month low on Wednesday, as growing fears of a protracted trade war between the United States and China sent investors scurrying for the safety of government bonds....
20:26 2019-05-29

Trump arrives in Japan for ceremonial visit as trade tensions loom U.S. President Donald Trump and his wife, Melania, landed in Japan on Saturday on a largely ceremonial visit meant to showcase strong ties with Tokyo even as trade tensions loom....
17:00 2019-05-25

Asia markets mostly decline as investors worry over US-China trade tensions Asia Pacific markets were mostly in negative territory on Friday morning as investors remained worried over trade tensions between the United States and China....
07:39 2019-05-24

Stocks in Asia trade lower; US-Iran tensions continue to linger Stocks in Asia Pacific traded lower on Monday morning as tensions between the U.S. and Iran continue to linger after the latter shot down an American surveillance drone....
02:26 2019-06-24

WRAPUP 1-U.S., China exchange barbs over Huawei as trade tensions flare The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike Pompeo accusing the chief executive of Huawei Technologies of lying about his company's ties to the communist government and Beijing saying Washington must end its "wrong actions" if it wants trade talks...
17:26 2019-05-23

Trade war and Iran tensions creating a 'very unstable' oil market, Russia minister says Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister Alexander Novak told CNBC Sunday....
16:00 2019-05-21

Trade tensions slam Wall St. as global growth worries mount U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, on fears that the escalating U.S.-China trade war would stymie global economic growth....
22:52 2019-05-23

UPDATE 1-Mexican president urges oil independence amid U.S. trade tensions Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would tender six construction contracts in June for a planned oil refinery in the southern state of Tabasco....
23:39 2019-06-02

RPT-UPDATE 1-Boeing crisis, trade tensions cast pall over air show Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world's largest planemakers as they arrive at this week's Paris Airshow with little to celebrate despite bulging order books....
08:39 2019-06-17

Trump should use trade tensions with China to emphasize human rights, Pelosi says President Trump must use ongoing U.S. trade fights with China to move the communist country toward honoring human rights at home, House Speaker Nancy Pelosi said on Tuesday....
19:13 2019-06-04

Trade tensions may dent defensive armor of consumer staples stocks Shares of consumer staples companies are commonly seen as a safe harbor among U.S. equities but may be more susceptible to the fallout from tensions between the United States and its trading partners than other defensive sectors such as utilities and real estate....
19:13 2019-06-06

Impact of trade tensions with China being felt in American schools and universities Tightening of visa restrictions had led to denials and delays for Chinese students who want to study in the U.S., and those who want to stay here after graduation....
21:26 2019-06-13

Mexican Officials Have Taken to Social Media to Ease Tensions With the U.S. Over Immigration and Trade (MEXICO CITY) — Mexican officials have copied a page from President Donald Trump’s playbook in recent days, taking to Twitter to communicate that they are working flat-out to de-escalate tensions over immigration and avoid punitive tariffs on all Mexican exports to the U.S. Announcements...
12:52 2019-06-03

Asian shares ease as Trump rekindles Sino-U.S. trade tensions Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check....
04:26 2019-07-12

Mike Pompeo To Seek Stronger Ties With India Despite Trade Tensions U.S. Secretary of State Mike Pompeo will seek to further strengthen strategic ties with India during a visit next week despite increasing frictions over trade, data flows and arms from Russia,......
04:00 2019-06-22

Dow tops 27,000 for the first time on easing trade tensions, prospect of lower rates The Dow topped 27,000 for the first time Thursday as easing trade tensions and the Fed’s campaign to lower rates offset lingering economic worries.       ...
02:52 2019-07-12

Pompeo to seek stronger strategic ties with India despite trade tensions U.S. Secretary of State Mike Pompeo will seek to further strengthen strategic ties with India during a visit next week despite increasing frictions over trade, data flows and arms from Russia, officials said....
03:00 2019-06-22

US industrial production rebounded 0.4% in May, but manufacturing struggled amid trade tensions WASHINGTON (AP) — US industrial production rebounded 0.4% in May, but manufacturing struggled amid trade tensions. The post US industrial production rebounded 0.4% in May, but manufacturing struggled amid trade tensions appeared first on LEX18.com....
16:39 2019-06-14

Asian shares wobble on trade, political tensions; focus turns to Fed meet Asian shares got off to a shaky start on Monday as investors were cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk-appetite in check....
05:00 2019-06-17

Goldman Sachs cuts exposure to emerging markets on US-China trade tensions The investment management arm of Goldman Sachs scaled back its "overweight" exposure to emerging market assets Thursday, amid rising trade tensions between the U.S. and China....
16:26 2019-05-21

US STOCKS-Futures slide as rising trade tensions fuel slowdown worries U.S. stock index futures tumbled on Wednesday, as growing trade tensions between the United States and China fanned worries about a global economic slowdown, keeping investors away from risky assets....
14:39 2019-05-29

The European Central Bank meets as inflation cools and trade tensions heat up The European Central Bank (ECB) announced its easy-money exit strategy one year ago. But twelve months on, the world couldn't look more different....
07:52 2019-06-06

Global stocks drop, bonds rally as trade tensions fan growth fears Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows on Wednesday and continued to feed a rally in safe-haven government bonds....
20:26 2019-05-29

World stocks drop, bonds rally as trade tensions fan growth fears Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows on Wednesday and continued to feed a rally in safe-haven government bonds....
00:26 2019-05-30

CEE MARKETS-Assets mostly weaker due trade tensions, forint slips on dovish c.bank Emerging European assets were mostly weaker in early trade on Wednesday due to concerns about trade tensions between the United States and China, with the Hungarian forint slipping after the central bank maintained a dovish stance. Tuesday's decision by the National Bank of Hungary (NBH) to keep...
12:00 2019-05-29

Oil gains amid Middle East tensions, U.S.-China trade deal hopes Oil prices extended gains on Wednesday after rising in the previous session on rekindled hopes for a U.S.-China trade deal and on the potential for conflict between the U.S. and Iran in the Middle East after tanker attacks there last week....
05:52 2019-06-19

Asian shares wobble amid trade, geopolitical tensions; focus on Fed meeting Asian shares wobbled near one-week lows on Monday as investors turned cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk appetite in check....
09:39 2019-06-17

GLOBAL MARKETS-Trade tensions flare sours rate hope rally German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fuelled by hopes for more central bank stimulus ahead of a European Central Bank meeting....
12:52 2019-06-06

Asian stocks slip amid persisting trade angst, political tensions Asian stocks slipped on Friday, as U.S.-Iran tensions and anxieties over Sino-U.S. trade talks left markets in the region struggling to match the euphoria on Wall Street over a possible U.S. interest rate cut next month....
10:00 2019-06-21

G-20 finance leaders say trade, other tensions “intensifying,” pledge action to counter risks. FUKUOKA, Japan (AP) — G-20 finance leaders say trade, other tensions “intensifying,” pledge action to counter risks. The post G-20 finance leaders say trade, other tensions “intensifying,” pledge action to counter risks. appeared first on LEX18.com....
13:39 2019-06-09

Pompeo meets Indian leader amid trade tensions, Iran crisis Pompeo arrived in New Delhi late Tuesday after visiting Saudi Arabia, the United Arab Emirates and Afghanistan on a trip aimed at building a global coalition to counter Iran....
23:00 2019-06-27

Trade tensions have hit cargo demand in Asia, but there's a silver lining for regional airlines Ongoing U.S.-China trade tensions are negatively affecting air cargo demand — but the passenger side of the business is much more positive for Asian airlines, according to the Association of Asia Pacific Airlines....
08:52 2019-06-03

Oil gains amid Middle East tensions, US-China trade deal hopes Oil prices extended gains on Wednesday after rising in the previous session on rekindled hopes for a U.S.-China trade deal and on the potential for conflict between the U.S. and Iran in the Middle East after tanker attacks there last week....
10:39 2019-06-19

U.S.-based equity funds post $22 billion outflows amid trade tensions Investors rattled by U.S.-China trade tensions pulled roughly $22 billion from U.S.-based equity funds in the week ended May 29, according to data released by Refinitiv's Lipper research service on......
23:26 2019-05-30

Oil to trade in current range or higher this summer as US-Iran tensions simmer — CNBC survey Oil experts surveyed by CNBC don't expect talks between the U.S. and Iran for at least 6 months, and more than a third see no military confrontation....
15:13 2019-06-28

GLOBAL MARKETS-Bond bulls boosted as trade tensions send recession signals With no sign Sino-U.S. trade tensions will let up and fears of an Italy-European Union confrontation growing again, the global bond rally accelerated on Wednesday, as investors dumped shares and scurried for the safety of German and U.S. government debt....
12:00 2019-05-29

Trade tensions kick Asian business confidence to 10-year low: Thomson Reuters/INSEAD Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a U.S.-China trade war disrupts global supply chains and shows little sign of easing soon, a Thomson Reuters/INSEAD survey found....
05:52 2019-06-19

Oil extends gains amid Middle East tensions, U.S.-China trade deal hopes Oil prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a U.S.-China trade deal and on continued tensions in the Middle East after tanker attacks there last week....
05:52 2019-06-19

White House considers banning all 5G technology made in China amid trade tensions The move would require telecom giants like Nokia and Ericsson to move production out of China to keep serving the U.S.       ...
04:52 2019-06-24

Global Economy Cools Faster Than Expected as Trade Tensions Rise, World Bank Says The global economy has stumbled sharply in the first half of the year with trade and investment flows between countries falling faster than expected, according to semiannual forecasts released by the World Bank....
23:01 2019-06-04

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by......
15:00 2019-05-21

The world's largest shipping firm warns of 'considerable uncertainties' as trade tensions rise Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties."...
15:13 2019-05-24

Investors piled into U.S. Treasuries, money-market funds amid trade tensions: Lipper Investors' aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based domestic equities funds posting......
03:13 2019-06-07

Amidst high trade tensions and policy uncertainty, UN cuts economic growth forecast Against a backdrop of unresolved trade tensions, high international policy uncertainty and softening business confidence, the UN on Tuesday announced a broad-based slowdown in the global economy and cut its growth predictions. ...
02:39 2019-05-22

Fear and fervor propel Shanghai's tech board amid trade, Huawei tensions Chinese companies and investors are lining up in spades to take part in Shanghai's new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the U.S. blacklisting of telecom firm Huawei inflamed trade tensions....
14:13 2019-06-11

UPDATE 1-Investors piled into U.S. Treasuries, money-market funds amid trade tensions -Lipper Investors' aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based domestic equities funds posting $10 billion of cash withdrawals, according to Refinitiv's Lipper research service on Thursday. It...
04:26 2019-06-07

Vice President Mike Pence plans hawkish China speech as trade tensions boil Pence's remarks are expected to bring a censure on China's human rights record from one of the Trump administration's highest ranking China hawks....
22:26 2019-05-30

G-20 leaders face toxic brew of political instability, trade tensions and slowing global growth What makes this moment even more perilous is that world leaders come to the table with far less cohesiveness, nursing wounds from a series of trade skirmishes....
19:39 2019-06-27

METALS-London copper steadies amid Peru mine blockade; trade tensions linger London copper prices edged higher in early Asian trade on Wednesday, as a new blockade at MMG Ltd's Las Bambas mine in Peru lent support to prices, although gains were capped by ongoing U.S.-China trade tensions. An earlier road blockade at the site by an indigenous community in March and April ...
04:52 2019-05-22

How Congress can strengthen US-India relations amid rising trade tensions and curb China threat As the world's largest democracy and a solid partner in the Indo-Pacific region, India is ideologically congruent and strategically central to U.S. interests, writes Mukesh Aghi, president and CEO of US-India Strategic Partnership Forum....
20:52 2019-06-28

Cargill says food industry will miss zero deforestation goal Grains trader Cargill Inc said on Thursday it and the broader food industry will fail to meet the goal of eliminating deforestation by 2020 and pledged to do more to protect forests and native vegetation in Brazil....
04:00 2019-06-14

Tuesday’s Daily Brief: Libya civil war, African displacement, global trade tensions, terrorists’ children ‘secretly detained’, and more Tuesday’s stories include: Libya facing “permanent division”, regional war; Africa event highlights forcible displacement; terrorists’ children ‘secretly detained’ in Syria; Venezuelans need protection; global trade tensions rise....
03:13 2019-05-22

Cargill confirms to change German starch plant to wheat use U.S. agribusiness giant Cargill confirmed on Tuesday it will develop its starches and sweeteners factory in Krefeld in Germany, changing the plant to wheat raw material from corn in a $200 million investment project....
18:13 2019-07-09

Cargill cuts CO2 emissions from shipping fleet in green push Cargill reduced CO2 emissions from its chartered shipping fleet by 350,000 tonnes last year as part of efforts to scale back its carbon footprint at sea, the food and agriculture group said....
00:39 2019-06-13

The Latest: 9 killed when plane used in sky dives crashes HONOLULU (AP) — The Latest on a fatal plane crash in Hawaii (all times local): 9:40 p.m. Honolulu’s fire chief says the plane that crashed Friday night, killing nine people on board was an aircraft used in a sky dive operation. Fire chief Manuel Neves says there were no survivors in the crash ...
12:52 2019-06-22

Washington Post Dives to New Stupid Low to Attack Bernie It’s the first day of July, so summer is here and rent is due. You probably have to pay your student loans and credit cards, too. Feeling a bit light in the ol’ wallet? Well, don’t fear. Washington Post fact checker Glenn Kessler has an interesting way of looking at wealth and debt, which is that it...
21:13 2019-07-01

Cargill shuts animal-feed mills in China as fatal hog disease spreads Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said on Friday....
23:00 2019-07-12

This Video Dives Into the Bizarre, Complex History of the Muppet Babies I learned a lot about the Muppet Babies recently. The Henson-created cartoon, which I watched in syndication as a kid in the ‘90s, has a fascinating history. Read more......
04:39 2019-06-30

Oil dives 4% on demand worries even as OPEC, allies extend cuts Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand....
22:00 2019-07-02

UPDATE 1-Cargill shuts animal-feed mills in China as fatal hog disease spreads Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said on Friday....
23:39 2019-07-12

MacBook Pro teardown dives into Apple’s efforts to improve its keyboard design After years of controversy and deserved criticism, Apple earlier this week introduced a refreshed MacBook Pro with a slightly tweaked design that, we can only hope, will address longstanding complaints about the butterfly-switch keyboard originally introduced in 2016. At this point, it’s been ...
04:00 2019-05-25

Florida dad dives over pool fence to save toddler son, dramatic video shows A Florida dad is being hailed as “Superman” after a quick-thinking and daring rescue to save his toddler son who fell into a pool on Sunday was captured on dramatic video....
22:00 2019-06-27

Good Omens' first great episode dives deep into its best relationship—then blows it all to hell It was at the 15-minute mark—when I realized that “Hard Times” was still barreling through its funny, fascinating, far-flung, ambitious, and all-around excellent cold open, with no apparent sign of stopping—that I really started to wonder just how far this episode could take its central conceit. Obv...
21:00 2019-06-02

EMERGING MARKETS-Trade tensions pressure emerging markets; Mexican peso leads FX lower Emerging market shares and currencies fell on Thursday on renewed growth and trade tensions after U.S. President Donald Trump said not enough progress was being made in talks with Mexico aimed at averting U.S. tariffs on Mexican goods....
12:52 2019-06-06

Uber loses more than $1bn in first quarterly report since IPO Company said it now had 93 million customers who are active on a monthly basis, 33% higher than the same period last yearUber lost more than $1bn in the first three months of the year, the ride-sharing company announced on Thursday.Releasing its first quarterly report since it became a public compan...
23:26 2019-05-30

Workday quarterly revenue rises 33.4% Workday Inc reported a 33.4% rise in quarterly revenue on Tuesday, as the financial and human resources software maker enrolled more companies for its cloud-based software....
22:52 2019-05-28

TJX quarterly same-store sales top expectations TJX Cos Inc reported a better-than-expected quarterly same-store sales on Tuesday, as the off-price retailer's steep discounts brought more shoppers to its Marshalls and HomeGoods stores....
15:52 2019-05-21

Costco quarterly revenue beats estimates Warehouse club operator Costco Wholesale Corp reported quarterly revenue above Wall Street estimates on Thursday, helped by its online business and a rise in membership fees....
23:01 2019-05-30

PepsiCo quarterly revenue beats estimates PepsiCo Inc beat analysts' estimates for quarterly revenue on Tuesday, as the beverage and snack maker benefited from adding healthier snacks, sparkling waters and juices to cater to consumers looking beyond sodas and chips....
12:39 2019-07-09

Adobe posts 25% rise in quarterly revenue Adobe Inc on Tuesday reported a 25% rise in quarterly revenue, driven by growth in its digital media business that houses its flagship product Creative Cloud....
22:26 2019-06-18

CBOE Holdings, Inc. Reports Record Quarterly Results CHICAGO, May 6, 2014 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) today reported record net income allocated to common stockholders of $48.5 million, or $0.56 per diluted share, for the first quarter of 2014, compared with $41.8 million, or $0.48 per diluted share, in the first quarter of 2013...
04:52 2019-05-22

CBOE Holdings Announces 20% Increase In Quarterly Dividend CHICAGO, July 30, 2013 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that its Board of Directors has raised the company's quarterly dividend to $0.18 per share from $0.15 per share, an increase of 20 percent. (Logo: http://photos.prnewswire.com/prnh/20121022/MM97794LOGO-a) ...
04:52 2019-05-22

CBOE TO LAUNCH QUARTERLY GLD OPTIONS ON FRIDAY, APRIL 9 CHICAGO, IL, April 8, 2010 - The Chicago Board Options Exchange (CBOE) today announced that it will begin trading quarterly options on the SPDR Gold Trust (GLD) on Friday, April 9. Initial expirations will be in June, September, December and March 2011. Quarterly options, which were first l......
10:26 2019-05-22

Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag The $702 million loss exceeded expectations, but the company reaffirmed its guidance on the year’s deliveries. It said it was open to raising capital....
17:39 2019-05-21

Lumentum says it's halting all Huawei shipments; cuts its quarterly forecast Mobile phone parts producer Lumentum on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei, following export restrictions put in place by the U.S....
15:13 2019-05-21

Broadcom's quarterly revenue misses estimates, shares fall 6% Broadcom Inc on Thursday reported lower-than-expected quarterly revenue and cautioned of a broad-based slowdown in demand, driven by continued geopolitical uncertainties....
22:52 2019-06-13

Experian's quarterly revenue rises 4% on North America boost Experian, the world's biggest credit data company, reported a 4% rise in revenue on Tuesday, benefiting from higher business across automotive, health, business credit and decision analytics segments in North America, its largest market....
09:26 2019-07-16

China's Economy Slows To 6.2%, Worst Quarterly Expansion In 3 Decades China's growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world's number-two economy, official......
17:00 2019-07-15

CBOE Holdings Increases Quarterly Dividend By 10 Percent, To $0.23 Per Share CHICAGO, IL – July 29, 2015 – CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has approved a 10-percent increase in the company’s quarterly cash dividend, to $0.23 from $0.21 per share of common stock. The change will be effective with the third-quarter dividend and pa...
03:39 2019-05-22

Nordstrom cuts 2019 forecast after quarterly results miss big Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow sales of full-priced women's clothing....
05:26 2019-05-22

Abercrombie & Fitch misses quarterly same-store sales estimates Abercrombie & Fitch Co missed Wall Street estimates for quarterly same-store sales on Wednesday, hurt by slowing demand for its surf-themed Hollister apparel....
14:39 2019-05-29

Dollar General beats quarterly same-store sales estimates Dollar General beat analysts' estimates for quarterly same-store sales, as customers spent more on groceries, seasonal products and home goods at the discount retailer's stores....
14:00 2019-05-30

Mylan quarterly revenue misses estimates, shares fall Drugmaker Mylan missed Wall Street estimates for quarterly revenue, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dollar,....
15:13 2019-05-21

UPDATE 3-PepsiCo's mini-sized sodas boost quarterly results PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips....
17:00 2019-07-09

Target quarterly results trounce estimates on higher online sales Target Corp's same-store sales and profit for the first quarter beat Wall Street estimates on Wednesday, benefiting from higher online sales and an increase in shoppers at its stores, sending its up nearly 8% in early trading....
13:39 2019-05-22

The UN’s unyielding effort to tackle sexual abuse and exploitation: our quarterly update In the first quarter of 2019, according to latest figures released on Thursday, the United Nations recorded a total of 37 allegations of sexual exploitation and abuse (SEA) against UN personnel, including civilian and uniformed personnel from peacekeeping operations, agencies, funds and programmes. ...
20:00 2019-05-30

Adobe beats quarterly estimates on cloud strength; shares rise Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market....
05:52 2019-06-19

GM, Ford quarterly China sales slide again amid economy woes General Motors Co and Ford Motor Co announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were hit by a slowing economy amid the Sino-U.S. trade war....
13:39 2019-07-05

UPDATE 3-Nordstrom cuts 2019 forecast after quarterly results miss big Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow sales of full-priced women's clothing....
01:39 2019-05-22

Tesla may set a quarterly record for deliveries, according to leaked Elon Musk email It’s sometimes hard to make sense of what’s going on with Tesla. Is the company on the verge of going bankrupt, or poised to set new records for deliveries? Well, according to Tesla CEO Elon Musk, the answer to both questions could be “yes.” A few days ago, an internal email ...
02:39 2019-05-24

Oracle rises on strong quarterly forecast driven by licenses, cloud services Oracle Corp on Wednesday forecast current-quarter profit above estimates, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading....
02:52 2019-06-20

UPDATE 2-Lululemon raises full-year forecast, beats quarterly estimates Canadian athletic apparel maker Lululemon Athletica Inc raised its full-year forecasts and reported strong quarterly results on Wednesday, benefiting from its efforts to boost online presence in a highly competitive retail industry....
02:13 2019-06-13

CBOE Holdings, Inc. Announces Share Repurchase Program and Increase in Quarterly Dividend CHICAGO, Aug. 2, 2011 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) today announced that its Board of Directors approved a share repurchase program that authorizes the company to purchase up to $100 million of its unrestricted common stock. (Logo: http://photos.prnewswire.com/prnh/20100614/CG...
08:26 2019-05-22

UPDATE 2-Adobe beats quarterly estimates on cloud strength; shares rise Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market....
05:52 2019-06-19

CBOE Holdings, Inc. Reports All-Time Record Quarterly Results For Second Quarter 2013 CHICAGO, Aug. 2, 2013 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) today reported second quarter 2013 net income allocated to common stockholders of $45.5 million, or $0.52 per diluted share, compared with $37.9 million, or $0.44 per diluted share in the second quarter of 2012. On an adjusted...
04:52 2019-05-22

Strong Model 3 demand helped Tesla set a new all-time record for quarterly deliveries When it comes to analyzing the vibrancy of Tesla’s business, there is certainly no shortage of distractions. Whether it’s Elon Musk stirring up controversy online or Tesla vehicles being vandalized for seemingly no reason at all, it’s easy to overlook how impressively the company h...
01:26 2019-07-03

Walgreens posts quarterly earnings beat as prescription drug sales rise Higher prescription drug sales help the company regain its footing after CEO Stefano Pessina dubbed last quarter "the most difficult" since the company was formed....
18:52 2019-06-27

Mo. Gov. Parson: Floods happening more often The swollen Mississippi River is straining levees, snarling traffic and forcing people from their homes as it approaches record levels. Missouri Gov. Mike Parson toured flooded areas Monday in the northeast part of the state. (June 3)        ...
08:39 2019-06-04

Why Venice floods every year Venice is nicknamed "The Floating City" because of its annual floods. At times, almost 75% of Venice can be flooded. So why does the Italian city flood every year? Visit INSIDER's homepage for more stories. See Also:You can dip your entire body in this mud pool in Trinidad and TobagoWhy this is Flor...
04:39 2019-07-14

UPDATE 1-Abercrombie & Fitch misses quarterly same-store sales estimates, shares fall Abercrombie & Fitch Co missed Wall Street estimates for quarterly same-store sales due to slowing demand for its surf-themed Hollister apparel and forecast second-quarter sales below estimates on Wednesday, sending its shares down over 17%....
14:39 2019-05-29

UPDATE 2-Oracle rises on strong quarterly forecast driven by licenses, cloud services Oracle Corp on Wednesday forecast current-quarter profit above estimates, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading....
03:26 2019-06-20

CBOE Holdings Increases Quarterly Dividend By 17 Percent And Stock Repurchase Authorization By 100 Million CHICAGO, July 30, 2014 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has approved a 17-percent increase in the Company's quarterly cash dividend and, effectively immediately, a $100 million-increase in its stock repurchase authorization....
03:39 2019-05-22

CBOE Holdings, Inc. Board Increases Quarterly Dividend; Extends Share Repurchase Program CHICAGO, July 31, 2012 /PRNewswire/ -- CBOE Holdings, Inc. (Nasdaq: CBOE) today announced that its Board of Directors approved a 25-percent increase to its quarterly cash dividend to $0.15 per share from $0.12 per share and authorized the company to repurchase an additional $100 million of its outst...
06:39 2019-05-22

Floods Swamp U.S. Farm Belt The wettest year on record is piling up costs for the nation’s biggest agricultural companies, stalling farmers’ fieldwork and slowing shipments across the U.S. Farm Belt....
16:39 2019-05-23

Defending against floods in Bosnia and Herzegovina Five years ago, flooding in the Vrbas River Basin devastated Bosnia and Herzegovina. As climate change makes such extreme weather ever-more likely, the small country is making sure it's better prepared....
14:39 2019-05-21

At least 47 people killed in Nepal floods Large areas have been submerged by heavy monsoon rain in recent days, with many rivers still above flood levelThe death toll in Nepal from flash floods and landslides in the past three days has risen to 47, with dozens more injured or missing, according to the Nepalese government.Incessant monsoon r...
15:00 2019-07-14

Here's how to escape your car if it floods during a hurricane, AAA says If your vehicle becomes submerged in water during flooding, it's important to know what tools to use and what kind of windows will break.       ...
07:39 2019-07-16

Spanish man dies after being swept away by floods One man's body has been found after a river burst its banks during sudden, torrential rain in the northern Spanish region of Navarra on Monday night, the local government said....
12:39 2019-07-09

Preparing for Monsoon 2019: Flash floods Flash floods are one of the most common and deadly severe weather events in the United States. Because of Arizona’s wet winter, the National Weather Service (NWS) is expecting a delayed start to the monsoon storms However, warmer Pacific Ocean temperatures may bring tropical moisture into our regio...
06:00 2019-06-14

Afghanistan: Floods threaten communities, minaret of Jam After a difficult winter, torrential rain and flooding across six of Afghanistan's 34 provinces have left at least 24 people dead and hundreds homeless. The world's second-tallest minaret is also under threat....
06:39 2019-05-26

6 dead in storms and floods in southeastern China BEIJING (AP) — Six people have died and one is missing after heavy rains and flooding in southeastern China. The official Xinhua News Agency said Sunday that 88,000 people have been evacuated in Jiangxi province following strong winds, hail and floods. More than 100 houses have been destroyed. Autho...
13:39 2019-06-09

Heavy rainfall causes floods in central Serbia BELGRADE, Serbia (AP) — Torrential rains in the past 24 hours have caused floods in central Serbia that have covered roads and washed into homes, disrupting traffic and damaging bridges. Authorities have beefed up flood defenses along Serbia’s main rivers and introduced emergency measures in s...
16:52 2019-06-03

As Floods Keep Coming, Cities Pay Residents to Move The United States spends more on helping people rebuild after disasters than preventing problems. Nashville is leading an effort to change that by helping people move out of flood zones....
09:26 2019-07-06

Flash floods prompt rescues in Oklahoma Flooding is an issue in parts of Oklahoma raked by severe storms on Monday. In El Reno and Stillwater, emergency responders were rescuing people from their homes because of high water. (May 21)        ...
00:13 2019-05-22

Far-Right Propaganda Floods Facebook Ahead of EU Elections Fake accounts spread white-nationalist messages and amassed larger followings than actual far-right parties before being taken down, according to a new report....
08:52 2019-05-22

43 Dead, 24 Missing In Floods, Landslides In Nepal At least 43 people, including 18 women, were killed and 20 others injured in floods and landslides triggered by torrential rains in various parts of Nepal, the police said....
09:39 2019-07-14

UN agency says Libya floods kill 4, displace more than 2,500 CAIRO (AP) — The U.N. refugee agency says heavy rains have triggered severe flooding in southwestern Libya since late May, killing four people and forcing more than 2,500 to flee their homes. The UNHCR says in a statement released on Friday that the rains began on May 28 in the town of Ghat. The tow...
12:26 2019-06-07

Global heating to inflict more droughts on Africa as well as floods New UK research predicts extremes of weather will hit food productionGlobal heating could bring many more bouts of severe drought as well as increased flooding to Africa than previously forecast, scientists have warned.New research says the continent will experience many extreme outbreaks of intense...
14:00 2019-06-15

15 Lakh Affected By Assam Floods, At Least 7 Dead: 10 Points The monsoon floods in Assam claimed another life today, taking the number of deaths in the rain-ravaged state to seven. Official sources said that over 15 lakh people have been affected in 25 of......
18:26 2019-07-13

Torrential DC rainstorm floods White House basement Fierce rainstorms swamped the nation’s capital Monday morning, causing massive road and rail delays, knocking out power for thousands — and flooding the White House basement....
18:39 2019-07-08

Northeast Braces For More Rain And Floods, 3 Killed In Assam Massive landslides and flash floods triggered by heavy rainfall since the past two days have affected thousands of people in Arunachal Pradesh, Meghalaya and Assam. Four people have died in the......
22:52 2019-07-10

4 dead as killer tornadoes, floods slam central U.S. A violent storm system blasting through parts of the Midwest was linked to three deaths while fueling almost 60 tornado reports, forecasters said.        ...
21:52 2019-05-22

U.S. to allow September 1 grazing on unplantable acres to help farmers after floods The U.S. Department of Agriculture (USDA) on Thursday announced a new measure to help farmers who were unable to plant corn and soybeans due to widespread flooding across the U.S. Midwest....
03:26 2019-06-21

Death toll from floods in south Asia rises to more than 100 More than four million displaced in India, Nepal and Bangladesh, with Assam and Bihar among the worst-hit regionsFloods have forced more than four million people from their homes across India, Nepal and Bangladesh and killed more than 100 people as torrential rains in the initial days of monsoons wr...
03:39 2019-07-16

Floods Affect 15,000 In Tripura, Mizoram, Train Services Hit Over 15,000 people have shifted to relief camps and other safer places in Tripura and Mizoram due to flooding of low lying areas and villages by rain, officials said on Sunday....
22:13 2019-07-14

14 Killed, 11 Missing After Dam Breach In Maharashtra Floods Villages Fourteen people were killed and 11 are still missing after heavy rainfall led to a breach in the Tiware Dam in Ratnagiri district of Maharashtra on Tuesday night....
14:13 2019-07-04

Heavy Rain, Floods In China Force Evacuation Of Nearly 80,000 The heaviest average rainfall to lash a swathe of southern and eastern China in more than half a century brought torrential rain and floods, destroying houses, damaging crops and forcing the......
15:39 2019-07-11

Putin travels to Siberia as floods turn deadly The Irkutsk region has been hit by torrential rains, causing Lake Baikal and the Angara River to burst their banks. At least five people have been killed and hundreds injured....
03:13 2019-06-30

After brutal spring floods, U.S. farmers face big losses DARKE COUNTY, Ohio (Thomson Reuters Foundation) - The planting season ended more than a month ago, but much of 39-year-old Greg McGlinch’s 450-acre farm in Darke County, Ohio, is either under water or still saturated from record spring rains....
04:26 2019-07-05

CFMoto India Launch Delayed Due To Mumbai Floods The past few days have seen heavy showers in the city of Mumbai affecting the lives of local residents. The floods also led to a number of events and activities being delayed with the latest one being......
12:39 2019-07-03

In the Midwest, Relentless Floods Dredge Up ‘Shadow’ of 1993 The Great Flood of 1993, one of the worst in American history, left entire towns ravaged. With heavy spring rains and saturated soil, some fear a repeat....
13:00 2019-06-03

U.S. corn plantings top expectations despite floods; prices sink U.S. farmers planted more corn than expected despite heavy rains and flooding that market watchers had said kept farmers out of the fields for much of the spring, the U.S. government said on Friday....
20:52 2019-06-28

Floods, landslides leave scores dead across Nepal, India Police in Nepal say flooding and landslides triggered by heavy rainfall have killed at least 43 people in the past few days, with more deaths reported across the Himalayan border in India...
09:39 2019-07-14

Missouri Tornadoes: Heavy Rains, Devastating Floods and ‘Then the Sirens Go’ First came floods across Nebraska and Iowa. Then the Mississippi River rose and rose, threatening towns. And on Wednesday, a series of violent tornadoes tore through the region....
03:13 2019-05-24

6 Dead, 18 Missing After Dam Breach Floods Villages In Maharashtra's Ratnagiri Heavy monsoon rains in Ratnagiri district in Maharashtra led to a breach in Tiware Dam last night and flooding of villages down-stream. At least two people are dead and more than 20 missing...
09:00 2019-07-03

Death toll in Nepal floods rises to 55, thousands displaced The death toll in Nepal from flash floods and landslides in the past three days rose to 55 on Sunday, with dozens missing and injured, the government said....
19:39 2019-07-14

Floods in 2009 and 2015 were worst in Cumbria for centuries – study Analysis in north-west England linked to evidence of UK’s vulnerability to climate crisis The floods of 2009 and 2015 in north-west England were the worst for more than 550 years, according to groundbreaking analysis of lake sediment in the region.Residents have long suspected that the devastating f...
09:26 2019-05-22

Over 100 killed, millions displaced from floods in India, Nepal and Bangladesh Floods have forced more than four million people from their homes across India, Nepal and Bangladesh and killed more than 100 people as torrential rains in the initial days of monsoons wreaked havoc....
21:52 2019-07-15

Financial future of Mississippi Delta uncertain after rampant floods Life as most people know it has come to a slow halt in the Mississippi Delta. More than 500,000 acres of land, according to the Mississippi Levee Board, has been covered by backwater floods that can’t seem to escape....
00:52 2019-05-24

Child, pregnant mom found dead in car amid floods in Pennsylvania A Pennsylvania police chief says a pregnant woman and her 8-year-old son have been found dead in a car swept away by floodwaters. Douglass Township Police Chief John Dzurek told news outlets the car was swept down the Manatawny Creek for about a half-mile on Thursday night, while the woman was on th...
09:39 2019-07-12

Floods hit western Greece days after deadly storm killed 7 Authorities evacuated dozens of citizens from flooded homes in western Greece on Sunday, a few days after seven people were killed by a violent storm in the north of the country....
16:39 2019-07-14

Rain pummels DC-area, floods White House basement A slow-moving rainstorm has washed out roads, stranded drivers and soaked basements, including the White House's, during a chaotic morning commute in the national capital region. (July 8)        ...
23:13 2019-07-08

It’s Raining Inside the Metro as Flash Floods Rage Across Washington, DC Washington, D.C. commuters came back to work after the long weekend with a bang. Powerful storms swept across the nation’s capital, inundating roadways, unleashing flash floods, and creating at least two waterfalls in the Metro system. Even the White House experienced some flooding....
19:00 2019-07-08

Watch: Car Caught In Chhattisgarh Flash Floods Washed Away Within Minutes A car was washed away after it was caught in flash floods in Chhattisgarh on Saturday, as seen in a terrifying video posted by news agency ANI. Water overflowing from a flooded drain swept the car......
19:13 2019-07-07

After Months of Floods and Tornadoes, Officials Tally Billions in Damage As the swollen Mississippi and Missouri rivers slowly recede, communities across the Midwest are starting to add up the damage and make plans for repairs with the help of federal aid....
17:52 2019-07-04

Caught between floods and drought: Farmers in Nicaragua living in uncertainty Across the Central American Dry Corridor, communities are facing increasingly extreme weather. In Nicaragua, the region's poorest country, subsistence farmers like Blanca Landero Betarco face a daily battle....
13:39 2019-06-12

US briefing: the Squad, Prime Day protests and floods in south Asia Tuesday’s top story: Congresswomen denounce Trump’s racist remarks. Plus, French cuisine’s renaissanceGood morning, I’m Tim Walker with today’s essential stories. Continue reading......
12:00 2019-07-16

Floods and landslides kill more than 100 people in Nepal, India and Bangladesh More than 100 people have died in Bangladesh, Nepal and northeastern India, with millions affected after torrential rains triggered floods and landslides over the weekend....
00:39 2019-07-16

Floods follow heavy rain in south-central Nebraska Floodwaters covered large areas of south-central Nebraska on Tuesday after up to nine inches of rain fell in some spots. Parts of highways were closed and dive teams were sent to help people trapped in their homes. (July 10)        ...
11:26 2019-07-10

Floods worsen in India's northeast; rare rhinos in danger Floods in northeast India worsened on Tuesday with incessant rain swelling already raging rivers, inundating villages and a rhinoceros sanctuary as 1,000 soldiers were deployed to rescue people fleeing the rising waters....
19:52 2019-07-16

Floods threaten communities along rain-swollen Arkansas River Communities are getting hit by flooding along the Arkansas River from downpours upstream that have prompted officials to open dams to protect some cities but inundate others.        ...
19:26 2019-05-31

Armada of barges cleared for Mississippi River shipments after floods The upper Mississippi River reopened to barge traffic on Friday as vessels were cleared to ship through St. Louis harbor, the U.S. Coast Guard (USCG) said, and the situation quickly became a logistics nightmare as dozens of towboats and hundreds of delayed barges tried to maneuver upriver....
16:52 2019-06-21

Millions Displaced as Monsoon Floods Hit India, Nepal and Bangladesh More than a hundred people have died and millions were forced to leave their homes as monsoon rains have devastated parts of India, Nepal and Bangladesh. At least three million people have been displaced in north and Northeast India, reports the BBC, including almost two million people in the northe...
09:26 2019-07-16

Rainfall floods New Orleans streets, in taste of storm ahead Rainfall flooded streets of New Orleans on Wednesday, in the first effects from a weather system churning in the Gulf of Mexico that could grow into a hurricane capable of causing more severe flooding in the low-lying city, officials warned....
23:01 2019-07-10

Video: Powerful Flash Floods Sweep Cars Into River Flash floods powerful enough to sweep vehicles into a river were captured on camera in China. The incident took place in southwest China's Guizhou province....
18:39 2019-06-27

Assam Man, Rescued During Floods, Happy "Most Precious" NRC Paper Is Safe In flood-ravaged rural Assam thousands who are displaced are as worried for their lives and that of their families as they are for their citizenship papers....
09:13 2019-07-16

Brazil farmers struggle for internet signal as tech floods sector Brazil's lack of reliable internet accessibility in rural areas is an increasingly critical problem for its farmers, as more agricultural equipment arriving on the market is built to be updated online to work at full capacity....
19:01 2019-05-21

Even as Floods Worsen With Climate Change, Fewer People Insure Against Disaster The Midwest floods have highlighted a gap in disaster readiness: Fewer Americans are buying flood insurance, even as climate change increases their risk....
14:26 2019-06-08

Dozens rescued from Oklahoma floods as storms swamp central U.S.: officials Dozens of people were rescued from rising waters and felled trees that smashed homes and blocked roadways in Oklahoma, as severe storms generating tornadoes and heavy rain roared through central United States on Tuesday....
19:01 2019-05-21

China landslide sweeps cars away as floods kill dozens – video A landslide sweeps across a road in China's Fujian province, in the south-east, pushing cars before it. Days of rain have caused havoc, affecting hundreds of thousands of people and submerging vast swathes of farmland. More than 60 people are feared dead. Continue reading......
08:52 2019-06-15

Nepal Floods Death Toll Reaches 67, Rainfall To Continue: Officials The death toll from the monsoon floods and landslides in Nepal has increased to 67, while 32 people were reported missing and over 40 others injured, officials said on Monday....
10:52 2019-07-16

New Orleans floods as danger posed to Louisiana by impending hurricane grows Coastal Louisiana is getting slammed by heavy rain and flooding as a tropical system develops over the Gulf of Mexico, leading to what could be a catastrophic few days for the Bayou State....
00:00 2019-07-11

Heavy rain and floods in India's Assam kill at least 10 and displace more than 1 million Heavy monsoon rains in India's northeast Assam state displaced more than a million people from their homes and flash floods killed at least 10 in the past 72 hours, state authorities said on Saturday, warning the situation could worsen in coming days....
18:26 2019-07-13

U.S. Midwest floods to weigh on diesel demand in fall harvest season A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said....
23:01 2019-07-10

Danube cruise captain arrested as floods halt search near shipwreck A Hungarian court on Saturday ordered the arrest of the captain of a passenger cruiser that collided with a pleasure boat that capsized on the Danube, killing South Korean tourists on board, although it left open the possibility of granting him bail....
18:00 2019-06-01

5 Children Drown, 24 Others Dead In Bihar Floods Affecting 25 Lakh People The number of deaths in the Bihar floods rose to 24 on Monday, with 25.66 lakh people reeling from the deluge in 12 districts of the state following incessant rains in neighbouring country Nepal,......
22:00 2019-07-15

Floods force millions to flee homes in India, Nepal and Bangladesh Floods have forced more than three million people from their homes across north and northeastern India, officials said on Monday, as the death toll in neighboring Nepal and low-lying Bangladesh rose to 76 after days of heavy monsoon rains....
17:00 2019-07-15

Oklahoma reels, Missouri declares state of emergency from storm, floods Dozens of people were rescued from rising floodwaters and felled trees that smashed homes and blocked roadways in Oklahoma, as severe storms unleashing tornadoes and heavy rain roared through the central United States on Tuesday....
00:13 2019-05-22

25 Dead, Lakhs Affected In Bihar Floods; Nitish Kumar Takes Stock Bihar Chief Minister Nitish Kumar said on Tuesday that 25 people have so far been killed in flash floods, that have affected 25.71 lakh people in 16 districts of the state....
12:26 2019-07-16

Rare Rhinos In Kaziranga National Park In Danger As Assam Floods Worsen Floods in Assam worsened on Tuesday with incessant rain swelling already raging rivers, inundating villages and a rhinoceros sanctuary as 1,000 soldiers were deployed to rescue people fleeing the......
12:26 2019-07-16

Danube cruise captain in court as floods prevent attempts to reach wreck The captain of a passenger cruiser that collided with a pleasure boat that capsized on the Danube, killing South Korean tourists on board, appeared in court in Budapest on Saturday as flood waters prevented attempts to reach the wreck....
14:26 2019-06-01

Forcibly evacuated and destroyed: a small Oklahoma town almost washed from the map in historic floods For a week and a half, all 610 residents of Webbers Falls have been forcibly evacuated from their homes poised beside the bulging Arkansas River as historic floods have swept through the once cozy community, threatening the lives and livelihoods of every single person and pet....
17:00 2019-06-04

Humane Society SOS: Dogs swim for their lives as Ark. shelter floods. Community comes to the rescue. An Arkansas animal shelter issued an SOS as flash flooding poured in and a puppy drowned. Then the community came to the rescue.        ...
22:26 2019-07-16

Washington Hit By Heavy Rains, Floods; White House Basement Offices Leak Driving rains flooded parts of Washington, DC, on Monday, shattering a daily record in just an hour, forcing 15 swift-water rescues from stranded cars and causing an undeniable leak in the White......
01:13 2019-07-09

UN chief expresses solidarity with Indonesian authorities after flash floods kill dozens in Papua More than 70 have died and dozens are missing in Indonesia’s eastern province of Papua, which was hit by flash floods and landslides on Sunday, and more than 4,000 have reportedly been displaced....
14:39 2019-05-21

Google Maps Adds Mumbai Floods Feature To Alert Waterlogged Roads & Road Closures An annual event now, the city of Mumbai finds itself coming to a halt every time the rain gods are a little more generous than usual. The city's crumbling infrastructure can barely handle its......
10:39 2019-07-03

METALS-Nickel hits 2-week high as Indonesia floods raise supply disruption fears Nickel prices jumped to two-week highs on Friday as flooding in Indonesia, a major producer and exporter of the metal, sparked fears of supply disruptions....
08:52 2019-06-14

London weather forecast: A month's rain falls in hours in parts of UK as floods hit capital A month's worth of rainfall was set to fall in just a few hours in parts of the UK today, forecasters said, as flooding hit parts of London amid torrential downpours....
04:26 2019-06-11

Here's how you can profit from the rise of the robots ROBO Global, the company behind one of the stock market's top robotics-focused exchange-traded funds, just launched a health-care fund to capitalize on a more specific trend in the space....
21:26 2019-07-14

What Does It Mean When Investors Say, 'Sell the Profit'? In Translation: The term refers to selling stocks in the anticipation that corporate earnings growth is about to slow. Some say it is especially relevant now....
04:26 2019-06-10

How to Profit in Space: A Visual Guide The cosmos, long ruled by governments, is now a playground for companies like SpaceX. Space is littered with satellites at different altitudes from the Earth, and more are coming, as falling costs have opened the door to new competition for dominance....
21:26 2019-06-27

U.S. says $168 mln ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regulatory settlement announced on Friday....
23:39 2019-06-14

Samsung warns that its profit likely just fell 56% Samsung is warning investors that its second quarter profit likely plunged 56%, as the company continued to struggle with sluggish demand for memory chips and smartphones....
15:52 2019-07-05

Jazz Jams for Justice and Profit Jazz at the Philharmonic, a groundbreaking concert held 75 years ago integrated audiences, popularized live recordings, and brought jazz appreciation into the mainstream....
05:13 2019-07-02

Packers profit drops 98 percent to $724,000 GREEN BAY, Wis. — The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second straight season without a playoff appearance, a large contract extension for quarterback Aaron Rodgers and change in head coach from Mike McCarthy to Matt LaFleur. Gree...
10:00 2019-07-13

‘The Profit’ says the big flag stays even if he goes to jail RALEIGH, N.C. (AP) — The man known as television’s “The Profit” says he’ll go to jail before he removes a huge American flag flying at a recreational vehicle store that his company owns and that’s the subject of a lawsuit because of its size. Businessman and reality tel...
21:13 2019-05-29

JPMorgan profit rises 16% on tax gain JPMorgan Chase & Co reported a 16% rise in quarterly profit as higher net interest income and a tax gain more than made up for lower activity at the bank's trading desks....
13:52 2019-07-16

Asia stocks set to trade lower as investors await Chinese trade data Investors will be looking out for the release of Chinese trade data for June to assess the impact of Beijing's ongoing trade war with Washington....
02:13 2019-07-12

Wall Street was ready for the latest twist in the trade war. Here's how experts think Trump and Xi's trade truce will play out. REUTERS/Kevin Lamarque The year-old trade war between the US and China reached a temporary truce as Presidents Donald Trump of the US and Xi Jinping of China said they're delaying new tariffs to let negotiations continue. That outcome of the G20 summit in Japan isn't the resolution some investors...
01:13 2019-06-30

U.S. trade chief Robert Lighthizer talks Mexico trade, China tariffs in Senate hearing U.S. Trade Representative Robert Lighthizer testified in the Senate Tuesday, where he gave details on the Trump administration's trade policy and faced questioning about the enduring trade conflict with China....
19:52 2019-06-18

Ball in U.S. court to start trade talks: EU trade chief EU-U.S. talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants to negotiate with Brussels on a broad removal of import duties, the EU trade chief said on Monday....
18:26 2019-05-27

Israel's Partner Communications Q1 profit falls 78% Partner Communications , Israel's second-largest mobile phone operator, reported a 78% drop in quarterly profit as it continues to invest heavily in the deployment of a fibre-optics network and its TV service....
09:39 2019-05-30

Walgreens Profit Squeezed by Generic Drugs Walgreens Boots Alliance needs a new business model to offset thinning profits from the sale of generic drugs, which continue to drag down results, the drugstore chain’s CEO said....
21:13 2019-06-27

U.S. says $168 million ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regulatory settlement announced on Friday....
04:26 2019-06-15

UPDATE 1-U.S. says $168 mln ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regulatory settlement announced on Friday....
23:39 2019-06-14

Lowe's Cuts Outlook as Profit Gets Squeezed Sales growth at Lowe’s outpaced rival Home Depot for the first time since 2016, but margins fell more than expected and the home-improvement retailer trimmed its profit expectations for the year....
21:52 2019-05-22

Maxim turns a profit but revenue is still stumbling It was a case of good news and bad news at Maxim. The magazine of beer and babes turned a profit in 2018, its first since Sardar Biglari took over in 2014. But the mag has not turned the corner for good, unfortunately, as numbers filed with the Securities and Exchange Commission earlier this month.....
05:26 2019-05-22

‘The Profit’ says limits on US flag size unconstitutional RALEIGH, N.C. (AP) — A reality television star says in a court filing that it’s unconstitutional for a North Carolina city to ban a huge American flag flying at his recreational vehicle store because of its size. Attorneys for Marcus Lemonis say in a filing in Iredell County that the U.S. and ...
18:39 2019-06-06

Packers profit drops 98% to $724,000, hurt by losing The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second straight season without a playoff appearance, a large contract for Aaron Rodgers and change in head coach from Mike McCarthy to Matt...       ...
23:13 2019-07-12

Samsung Q2 profit falls 56% from chip downturn Samsung is expecting operating profits of 6.5 trillion won for the second quarter, a drop of 56% from 14.87 trillion won a year ago caused by the downturn in its memory semiconductor business....
03:52 2019-07-05

India’s wealth managers find profit in the provinces The face of wealth management in India is changing, as vast fortunes are made by young digital disruptors and as private banks venture out of the main commercial hubs in search of untapped profit and potential in second-tier cities....
15:39 2019-05-21

Kik CEO: ‘Buy today, sell tomorrow, profit’ — SEC: ‘Nope, that’s illegal’ In a turn everyone should’ve seen coming, the US Securities and Exchange Commission (SEC) is suing messaging app Kik for its initial coin offering (ICO). In court documents released yesterday, the SEC outlined that Kik’s sale of one trillion “Kin” tokens was not registered with the SEC. As such, the...
15:26 2019-06-05

Goldman Sachs profit hit by weakness in trading, underwriting Goldman Sachs Group Inc reported a 6% fall in quarterly profit on Tuesday as the Wall Street investment bank was hurt by muted fixed income trading activity and weakness in debt underwriting....
15:52 2019-07-16

Norway's Telenor warns on Q2 profit after error at Grameenphone Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone, its Bangladeshi telecoms division....
10:39 2019-07-15

Monsoon rescue bid offers landlords profit-share Monsoon Accessorize, the struggling fashion retailer, is to offer landlords a share of future profits after snubbing their demands for an equity stake in the company....
13:26 2019-06-19

Global airline industry cuts profit forecast by more than a fifth Passenger numbers are up but US–China trade dispute poses major threat, says IataThe global airline industry is expected to record its lowest profits in five years as fuel costs rise and world trade weakens.The International Air Transport Association, the 290 members of which account for 82% of sche...
21:13 2019-06-02

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operations....
15:52 2019-07-16

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday....
17:00 2019-07-08

Ted Baker profit forecast low after "challenging" start to 2019 Fashion retailer Ted Baker forecast annual underlying profit below the current consensus of analysts' estimates on Tuesday, citing unseasonable weather in North America and a "challenging" start to the year....
10:13 2019-06-11

Monsoon confirms £10m landlord profit share offer Troubled high street fashion retailer Monsoon Accessorize has confirmed it is launching a so-called company voluntary arrangement (CVA) to help the group return to profitability....
21:13 2019-06-20

SpiceJet Reports 22% Jump In March Quarter Profit SpiceJet said it would add 35 aircraft to its fleet by fiscal year 2020 and that average fare rose 11 per cent and capacity increased 21 per cent in the reported quarter....
16:52 2019-05-28

Former Japanese fisherman finds profit in whale-watching Masato Hasegawa is the fourth generation of his family to be a fisherman on Japan's northern oceans, but now his cruises focus on admiring sea life instead of catching it....
04:26 2019-07-09

Deutsche Bank's aim to make profit in 2020 is uncertain - CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday....
12:52 2019-07-08

Daimler cuts profit expectations on diesel issues Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by "a high three-digit million euro amount", the carmaker said on Sunday....
20:26 2019-06-23

Lufthansa pegs dividend payout ratio to net profit German carrier Lufthansa on Monday said it would start pegging its dividend payout ratio to net profit in the future, adding this would give the group, which issued a profit warning a week ago, more flexibility....
09:26 2019-06-24

‘The Profit’ loses city vote against his huge US flag STATESVILLE, N.C. (AP) — A North Carolina city has voted against the flying of really big flags, holding its ground against a reality TV star’s huge Stars and Stripes. News outlets report the Statesville City Council voted down changes to the flag ordinance Monday night. That means flags in St...
16:39 2019-06-18

Car dealership giant Pendragon issues profit warning Shares in car dealership giant Pendragon slumped by a fifth on Wednedsay, after it warned that the first half of 2019 is "expected to be significantly loss making" ahead of any return to group profitability....
11:13 2019-06-12

Daimler warns of second-quarter profit significantly below expectations Luxury carmaker Daimler on Friday warned investors that it expected a second-quarter loss before interest and taxes of 1.6 billion euros ($1.80 billion) after a 2.6 billion profit posted in the year earlier period....
11:26 2019-07-12

As Floods Hit North, North East India, Rahul Gandhi Posts Call For Help Over the past days heavy rain has wreaked havoc across the country, with the North East states particularly badly affected. The rains have caused damaged to agricultural fields, flooded villages and......
11:00 2019-07-16

Trump tells Congress to ‘immediately’ approve Mexico-Canada trade deal, says US moving past ‘stupid years’ of trade policy President Trump on Friday pushed for Congress to “immediately” approve the United States-Mexico-Canada Agreement (USMCA), arguing in a Wisconsin speech that his administration is moving the country past “stupid years” of trade policies....
23:39 2019-07-12

'Horrible scenes:' More rain threatens areas swamped by record floods in central, southern US More unwelcome rain is forecast this week in much of the central and southern U.S., falling upon areas already swamped by record-breaking floods.        ...
17:39 2019-06-03

'Horrible scenes:' More rain threatens areas swamped by record floods in central, southern USA More unwelcome rain is forecast this week in much of the central and southern USA, falling upon areas already swamped by record-breaking floods.        ...
00:13 2019-06-04

Photoshop maker Adobe beats revenue, profit estimates Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud....
00:26 2019-06-19

DeVos revokes Obama-era rule policing for-profit colleges The U.S. Education Department is rescinding an Obama-era rule that aimed to police ineffective for-profit colleges. Department officials said Friday that the 2014 gainful employment rule will be removed entirely effective July 1, 2020. The rule sought to cut federal funding for programs that consist...
23:39 2019-06-28

UPDATE 1-American Airlines sees $185 mln profit hit from Boeing MAX grounding American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cancel thousands of flights due to the grounding of Boeing Co's 737 MAX jets....
15:13 2019-07-10

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
20:26 2019-07-16

Cummings fights 'baseless' allegations against wife's non-profit agency House Oversight Committee Chairman Elijah Cummings is fighting back against allegations that his wife’s nonprofit organization violated its tax-exempt status and posed a potential conflict-of-interest with the work of his congressional panel....
20:01 2019-05-28

UPDATE 1-Russia's Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble Russia's No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion), as a weaker rouble and higher foreign gas output offset cheaper oil prices and weak refining margins....
16:39 2019-05-29

No-deal Brexit could trigger flurry of profit warnings, say accountants ICAEW tells MPs there could be ‘systemic’ impact on economic confidence if UK crashes outCrashing out of the EU at Halloween could result in a “flurry of profit warnings” from publicly listed companies in November, MPs have been warned.The Institute for Chartered Accountants for England and Wales (I...
19:00 2019-06-27

How women anxious to have a baby are being exploited for profit | Eleanor Morgan With the ‘fertility IV’ drip, the wellness industry hit a new low. Perhaps regulating bodies should take a lookGet A Drip, a wellness company offering “affordable IV vitamin drips and booster shots”, has withdrawn a product it called a “fertility IV” from sale after the British Pregnancy Advisory Se...
15:13 2019-07-04

DeVos Repeals Obama-Era Rule Cracking Down on For-Profit Colleges Education Secretary Betsy DeVos formally repealed an Obama-era regulation that would have forced for-profit colleges to prove their debt-laden graduates could find gainful employment....
04:13 2019-06-29

Samsung Electronics says second-quarter operating profit likely 56% down, beats expectations South Korean tech giant Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely fell 56% from a year earlier, beating analyst estimates....
02:39 2019-07-05

TCS Kicks Off Earnings Season With Rs 8,131 Crore Profit In June Quarter TCS Share Price: Tata Consultancy Services' (TCS) net profit rose 0.06 per cent to Rs 8,131 crore compared with net profit of Rs 8,126 crore during the previous quarter....
16:00 2019-07-09

Novartis CEO sees chance to accelerate profit margin target Novartis could reach its main drugs business's margin target "a little sooner" than 2022, as it now forecasts, as it cuts costs and as new drugs including gene therapy accelerate, Chief Executive Vas Narasimhan told investors....
16:39 2019-05-23

Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading......
19:26 2019-07-15

India's Infosys June-qtr profit rises 5%, beats estimates Infosys Ltd, India's No. 2 IT services firm, posted a 5.3% rise in June-quarter profit and raised its revenue forecast for the fiscal year as it bagged more business from its dominant North American and European markets....
14:00 2019-07-12

Kohl’s cuts profit estimates, sending its shares tumbling Kohl’s cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit, sending its shares down over 10% Tuesday morning. Much like other US retailers, Kohl’s has been bolstering its digital business to drive a turnaround a...
18:52 2019-05-21

Deutsche Bank overhaul to hit FactSet profit- Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday....
18:39 2019-07-08

Global airlines slash profit forecast on protectionism fears Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown....
15:00 2019-06-02

Daimler warns on profit again, blames diesel and recall costs The German automaker warned investors that it expected a second-quarter loss of $1.8 billion because of increased provisions for diesel-emissions issues and Takata airbag recalls....
17:13 2019-07-12

Daimler in fresh profit warning over Dieselgate, faulty airbags The Mercedes-Benz manufacturer has slashed its outlook for 2019 for the second time in weeks due to the emissions-cheating scandal. Slower growth in several auto markets also prompted the warning....
20:13 2019-07-12

FedEx aims to boost service, profit more from online shopping FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works to bolster service and wring more profits out of the online shopping boom....
07:13 2019-05-31

Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the......
22:39 2019-07-12

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading before the bell....
15:26 2019-05-30

Campbell raises profit forecast on snack boost, shares up 10% Campbell Soup raised its profit forecast for the year on Wednesday after its quarterly earnings beat estimates on stronger sales of its growing range of snacks, sending its shares up nearly 10%....
20:39 2019-06-05

Norway's Telenor warns on second quarter profit after error at Grameenphone Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone , its Bangladeshi telecoms division....
18:52 2019-07-15

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday....
18:13 2019-07-08

Short-lived Hurricane Barry weakens to tropical storm, risk of 'life-threatening' floods Barry became a hurricane before its landfall in Louisiana, then weakened. The risk now: floods. Earlier, officials staged an island helicopter rescue.        ...
04:52 2019-07-14

The Trump administration is repealing an Obama-era policy of policing for-profit colleges The U.S. Education Department is rescinding an Obama-era rule that aimed to police ineffective for-profit colleges.       ...
07:13 2019-06-29

SoftBank Group to book 1.2 trln yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
10:39 2019-06-04

Cory Booker's immigration plan would 'eliminate' detentions, for-profit prisons Democratic presidential hopeful Cory Booker on Tuesday unveiled part of his vision for immigration, saying he would "virtually eliminate immigration detention" if elected next year....
16:13 2019-07-02

SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
09:39 2019-06-04

Tata Motors Q4 FY2019 Profit Down By 49 Per Cent; JLR Business Shows Improvement Tata Motors consolidated business (including commercial vehicles and Jaguar Land Rover) has recorded a slump of 49 per cent in profits in the last quarter of FY2019. Its net revenue in the same period......
06:00 2019-05-22

Profit over safety? Boeing under fire over 737 Max crashes as families demand answers Relatives are demanding clarity and believe they should be consulted on when or if the 737 Max flies againOn 10 March, 24-year-old Samya Stumo was on her way to start a healthcare job in Kenya when, along with 156 other passengers on an Ethiopian Airlines-operated Boeing 737 Max 8, she died as the p...
10:13 2019-06-17

SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
09:13 2019-06-04

UPDATE 2-Workday beats revenue and profit estimates on higher subscriptions Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and human resources software....
01:13 2019-05-29

Daimler's Zetsche steps down pledging cost cuts to boost profit Daimler said its target remains to return Mercedes-Benz Cars, which includes the Mercedes brand and Smart, and Mercedes-Benz Vans to a "profitability corridor" of 8 percent to 10 percent by 2021....
12:39 2019-05-22

UPDATE 1-Photoshop maker Adobe beats revenue, profit estimates Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud....
00:00 2019-06-19

Samsung Q2 profit likely halved as Huawei woes worsen chip glut Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut....
11:39 2019-07-03

Honda forecasts 6% rise in annual profit on Europe factory revamp Honda Motor forecast a 6% increase in operating profit for the current fiscal year due to cost reduction efforts and a restructuring of its production network in Europe....
15:13 2019-05-21

French bank Credit Agricole forecasts slower profit growth Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook in the face of low interest rates and a potential deterioration in its loan portfolio....
12:52 2019-06-06

Toyota operating profit growth to drop this year on revenue slip Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and North America....
15:13 2019-05-21

Daimler warns on 2019 profit outlook as diesel issues bite Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros, sending its shares lower on Monday....
09:26 2019-06-24

WRAPUP 2-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
19:00 2019-07-16

Lenovo fourth-quarter profit surges more than three-fold on strong PC sales China's Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world's largest personal computer (PC) maker to beat market expectations....
09:52 2019-05-23

Gap cuts profit forecast after 'extremely challenging' quarter; shares slump 11% Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its struggles to compete with fast-fashion retailers in the face of changing customer preferences....
07:13 2019-05-31

UPDATE 3-JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks....
21:52 2019-07-16

Kohl's chops profit forecast after dismal first quarter, shares slump Kohl's Corp cut its full-year profit forecast and reported lower-than-expected quarterly results as the department store chain sold fewer full-price spring apparel and saw weak demand for home goods, sending its shares down as much as 14%....
19:39 2019-05-21

Kohl's cuts profit forecast after weak first quarter, shares fall 10% Kohl's Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, sending its shares down over 10% in early trading....
14:33 2019-05-21

Bleak China autos outlook triggers raft of profit warnings Auto suppliers Johnson Electric Holdings and Sensirion slashed their earnings forecasts on Thursday, blaming a slowdown in car sales and pessimism about the prospects of a Chinese car sector recovery....
12:39 2019-07-11

Garden tools maker Husqvarna second-quarter profit just lags expectations Sweden's Husqvarna reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helped offset subdued demand due to a slow start of the gardening season....
09:26 2019-07-16

Best Buy sees solid second quarter as tech services boost profit margin Best Buy Co Inc forecast second-quarter sales and profit above estimates on Thursday, as more people signed up for the consumer electronics retailer's subscription-based tech support services and shopped on its website and app....
15:26 2019-05-23

Mallinckrodt stock swings up 16%, then down, after drugmaker raises 2019 profit outlook Mallinckrodt Pharmaceuticals rose as much as 16.4% but opened lower after first-quarter earnings beat projections and the company raised its guidance....
15:13 2019-05-21

AIG shares jump as profit beats on strong underwriting and lower costs Insurer AIG reported first-quarter earnings that trounced Wall Street estimates, as its general insurance business posted its first underwriting profit since the financial crisis....
15:13 2019-05-21

Citigroup just beat analysts’ profit expectations on gains from Tradeweb IPO Citigroup beat analysts’ expectations on gains from the initial public offering of electronic bond trading platform Tradeweb.       ...
19:00 2019-07-15

CVS, Under Pressure After Aetna Deal, Sets Long-Term Profit Goals CVS Health, under pressure to reassure skeptical investors after its merger with Aetna, said it would return to profit growth next year and detailed a vision for a health-care behemoth that drives down medical costs....
21:26 2019-06-04

UPDATE 1-JPMorgan profit beats estimates on strength in consumer banking JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank's trading desks....
13:52 2019-07-16

Kohl's cuts profit forecast after weak first quarter, shares slump Kohl's Corp cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit, sending its shares down over 10% Tuesday morning....
16:00 2019-05-21

Health non-profit, top surgeon defrauded millions from government, complaint alleges Sanford Health and one of its most lucrative surgeons have been accused of defrauding the federal government out of millions of dollars.        ...
20:52 2019-06-28

PVH cuts profit forecast as CEO sees retail softness, shares tank PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by weak spending from overseas shoppers in the face of a strong U.S. dollar, sending its shares down 12% after hou...
03:39 2019-05-30

Nike just missed Wall Street's profit expectations for the first time in 27 quarters (NKE) AP/Mary Altaffer Nike shares slipped late Thursday after the company reported fourth-quarter earnings. Wall Street has maintained its overwhelmingly bullish view on the shoe giant amid investors' fears around business in China, where the broader economy is slowing. A declining number of retailers ...
06:13 2019-06-28

RPT-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:26 2019-07-16

Medtronic posts Q4 profit beat on surgical instruments business strength Medtronic reported a nearly 20% drop in quarterly profit on Thursday, hurt by lower sales in its cardiac and vascular business that makes heart valves and stents....
16:13 2019-05-23

UPDATE 2-Trafigura profit leaps as oil and gas trading offsets losses at associates Trading house Trafigura's six-month net profit jumped by 92% after strong performance from its oil and gas desks helped to offset weakness at the metals division and losses at key associates....
13:39 2019-06-11

Ford admits global profit drive will cost 12,000 European jobs Car giant Ford has admitted its previously announced profitability strategy will now be at the expense of around 12,000 jobs across its European operations by the end of 2020....
20:26 2019-06-27

Kate Nash: '40-year-old men were hanging out with me, happy to profit, not concerned about my health' Overnight fame in the mid-noughties led Nash to a nervous breakdown and bankruptcy. Now, with a documentary capturing that harrowing time and a new career as an actor, she talks about the dangers young musicians faceLate in 2017, an article appeared on Buzzfeed with the headline: “33 Singers That On...
18:13 2019-07-15

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses related itinerary changes for one of its ships....
16:52 2019-06-20

Democrat Harris unveils plan to lower drug costs, put 'people over profit' Democratic presidential candidate Kamala Harris unveiled a plan on Tuesday to crack down on pharmaceutical companies which overcharge for prescription drugs, making her the latest 2020 White House candidate to seize on the issue....
13:00 2019-07-16

From philanthropy to profit: how clean energy is kickstarting sustainable development in East Africa Until recently, Namacurra district, in the Zambezia province of Mozambique, some 1,500 km from the capital Maputo, did not have any basic services – such as schools, health centres, or even energy – connecting the region to the electricity grid would be extremely time-consuming, and costly. But a ne...
20:52 2019-05-31

Lennar profit beats as lower mortgage rates boost home sales Lennar reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder's sales got a boost from lower interest rates for mortgages....
19:52 2019-06-27

REFILE-UPDATE 5-Citigroup profit beats estimates on gains in consumer lending Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business....
01:00 2019-07-16

Carnival Lowers Profit Forecast on Cuba Travel Ban, Slower Europe Demand The world’s biggest cruise operator, Carnival, cut its full-year earnings outlook, citing a hit from voyage cancellations, the abrupt Cuba travel ban and weakening demand in Europe....
15:26 2019-06-21

European shares fall as BASF profit warning hits German stocks European shares opened lower on Tuesday in what could be their third straight day of losses as German shares fell sharply due to a profit warning from chemicals giant BASF....
12:39 2019-07-09

Asian banks face threat from profit plunge, digital rivals: McKinsey Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banking transforms the sector, consultancy McKinsey said....
21:39 2019-07-01

Samsung Electronics profit guidance beats expectations on one-off gains, outlook weak Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip and smartphone markets, although one-off gains helped it beat analyst expectations....
05:13 2019-07-05

Levi Strauss Shares Fall on Smaller Profit, Second-Half Sales Outlook Levi Strauss shares fell after the jeans maker said costs related to its IPO hurt profits in the latest quarter and that it expects sales growth to moderate....
15:39 2019-07-10

UPDATE 1-Mexico's Televisa posts 78.6% drop in net profit on lower government spending Mexican broadcaster Televisa's net profit plunged by 78.6% in the second quarter, the company said on Monday, a consequence of reduced advertising spending by both the Mexican government and clients in the private sector....
09:00 2019-07-09

JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks....
16:52 2019-07-16

Japan shares dip on profit-taking, REIT index hits highest in 3-years Japanese stocks retreated on Wednesday, pressured by a stronger yen and on broad-based profit taking among exporter stocks and other cyclical names ahead of an upcoming U.S. holiday and employment data....
05:13 2019-07-03

UPDATE 1-Alimentation Couche-Tard profit misses on lower fuel sales Convenience store operator Alimentation Couche-Tard Inc missed analysts' estimates for quarterly profit on Tuesday, on lower fuel sales across North America and Europe as well as higher expenses....
00:26 2019-07-10

JPMorgan Chase beats profit expectations, sees growth in consumer unit JPMorgan Chase reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks. Even as the world’s biggest bank recorded record earnings, there were warning signs that the playing field is beginning to til...
16:52 2019-07-16

Real estate investor makes $11,875 a day in profit on Koenigsegg supercar he owned for five months When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the fastest-appreciating asset he'd ever own....
15:39 2019-05-25

Fake cryptocurrency apps on Google Play try to profit on bitcoin price surge Enlarge (credit: Google) Google's official Play Store has been caught hosting malicious apps that targeted Android users with an interest in cryptocurrencies, researchers reported on Thursday. In all, researchers with security provider ESET recently discovered two fraudulent digital wallets. The f...
03:26 2019-05-24

UPDATE 1-TJX raises full-year profit forecast after same-store sales beat TJX Cos Inc raised its full-year profit forecast and beat quarterly same-store sales estimates on Tuesday, as the off-price retailer's steep discounts attracted more shoppers....
15:52 2019-05-21

Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues....
16:52 2019-07-16

Tencent Music charges for more content as paying users drive profit beat China's Tencent Music Entertainment Group said it had started charging for more of its content in the first quarter as the popularity of its pay-for-streaming services helped drive up profit....
15:13 2019-05-21

REFILE-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:26 2019-07-16

Non-Profit Pulls Out Of Strip Club-Sponsored Golf Event At Trump Resort President Donald Trump's company has canceled a golf tournament that a Miami-area strip club planned to hold at his Doral, Florida, resort this weekend....
08:00 2019-07-11

UPDATE 1-India's Infosys raises FY guidance as June-qtr profit beats estimates Infosys Ltd beat estimates for June-quarter profit and raised revenue forecast for the fiscal year, as India's No. 2 IT services firm bagged more business from its dominant North American and European markets....
14:00 2019-07-12

CORRECTED-UPDATE 1-Dart Group profit rises as Britons book more holidays Dart Group, the owner of British airline and tour operator Jet2, reported higher annual pretax profit on Thursday as Britons booked more holidays and said it expected to meet market expectations for the new financial year....
12:00 2019-07-11

UPDATE 1-Goldman Sachs profit beats expectations on equity trading, lending Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies....
15:52 2019-07-16

European shares flat, Daimler's profit warning knocks auto stocks European shares were little changed in early trade on Friday, as investors parsed through China trade data that came in at market open, an indicator of global economic growth, while a profit warning from Daimler knocked down auto stocks....
11:26 2019-07-12

Airline shares under pressure after surprise Lufthansa profit warning – business live German carrier warns on “aggressive” growth in low-cost competitionKier Group to cut 1,200 jobs and sell housing divisionParis air show: Airbus reveals orders and new longer-range range modelBrexit: UK growth tipped to slow as firms run down stockpilesCarlos Ghosn’s wife urges Trump to support her h...
20:00 2019-06-17

Japan shares fall on profit-taking, REIT index hits highest in 3 years Japanese stocks retreated on Wednesday, pressured by a stronger yen and profit taking among exporter stocks and other cyclical names ahead of an upcoming U.S. holiday and employment data....
10:39 2019-07-03

UPDATE 3-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues....
16:52 2019-07-16

Palo Alto Networks forecasts current-quarter profit below estimates, shares fall Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related to its recent acquisitions and a hit from tariffs, sending its shares down 5%....
00:39 2019-05-30

UPDATE 5-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased stock trading....
19:00 2019-07-16

UPDATE 1-Wells Fargo profit beats estimates on cost controls, rise in loans Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting....
15:52 2019-07-16

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be hurt by troubles from its Mercedes-Benz brand and downgraded its earnings forecast for the the full year....
19:00 2019-06-27

Lowe's cuts full-year profit forecast as higher costs hurt first quarter Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger rival Home Depot dented margins, sending its shares down 9%....
13:39 2019-05-22

UPDATE 4-Goldman Sachs profit beats estimates, boosted by strong equities trading Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased stock trading....
18:26 2019-07-16

UPDATE 3-Scotiabank misses profit on higher provisions, flags slow mortgage growth Bank of Nova Scotia, Canada's third-biggest lender, on Tuesday missed analysts' estimates for second-quarter profit and forecast low-single-digit growth in mortgages this year, citing a slow start to the domestic housing market....
17:26 2019-05-28

Singtel posts lowest annual profit in 16 years, citing 'intense' regional competition Singapore Telecommunications on Wednesday posted its smallest annual net profit in 16 years partly due to the intense competition faced by its regional associates in India and Indonesia....
15:13 2019-05-21

Pioneer Natural profit beats, takes 'Permian pure play' tag with asset sale Pioneer Natural Resources beat Wall Street estimates for quarterly profit, and said it sold its Eagle Ford and remaining assets in South Texas to become a pure-play Permian basin producer....
15:13 2019-05-21

Samsung Electronics' second-quarter profit likely halved as Huawei woes worsen chip glut Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut....
08:52 2019-07-03

UPDATE 3-Wells Fargo posts higher profit on cost controls, rise in loans Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs. Revenue declined at Wells' community bank and wholesale bank as net interest income was squeezed by lower interest rates and higher deposit costs. But profit in those segments ju...
16:52 2019-07-16

UPDATE 1-Dollar General's strong same-store sales, profit beat lift shares Dollar General Corp beat analysts' estimates for quarterly same-store sales and profit on Thursday, as customers spent more on groceries, seasonal products and home goods at the discount retailer's stores, sending its shares up 6%....
14:13 2019-05-30

UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks....
15:52 2019-07-16

Levi Strauss profit tanks 17%, hit by a stronger dollar, and higher marketing and online expenses Levi Strauss reported a 17% drop in quarterly adjusted profit, hit by a stronger dollar, higher marketing costs, and investments in its online business....
15:13 2019-07-10

Disney Channel cancels ‘Descendants 3’ premiere, to donate to non-profit in Cameron Boyce's honor Disney Channel announced on Thursday that it's canceling the upcoming "Descendants 3" red carpet premiere following the death of Cameron Boyce -- and instead, will donate to a non-profit in the late actor's honor....
07:26 2019-07-12

UPDATE 2-Amneal Pharma cuts core profit forecast on allergy shot supply issues Amneal Pharmaceuticals Inc on Wednesday cut its 2019 core earnings forecast, citing the uncertain supply of its epinephrine auto-injectors amid a global shortage of the emergency allergy shots, including Mylan NV's EpiPen....
15:13 2019-07-10

REFILE-UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks....
18:26 2019-07-16

US-Iran tensions escalating, here's what you need to know Oil prices are on the rise after OPEC indicated it's likely to continue production cuts. CNBC's Hadley Gamble sits down with Kelly Evans to discuss on 'The Exchange'....
16:00 2019-05-21

Iraqi PM says he wants to end tensions between Iran and US State-run Iraqi media is quoting Prime Minister Adel Abdul-Mahdi as saying that Baghdad will send delegations to the U.S. and Iran to help end tensions between the two countries...
16:00 2019-05-21

China says war with U.S. would be a disaster as tensions mount China's Defense Minister Wei Fenghe said on Sunday that a war with the United States would be a disaster for the world while issuing a warning to Washington not to meddle in security disputes over Taiwan and the South China Sea....
08:13 2019-06-02

China says war with US would be a disaster as tensions mount Defence minister Wei Fenghe said China would ‘fight to the end’ on trade issues but was open to talksChinese defence minister Wei Fenghe criticised the United States on Sunday for its support for self-ruled Taiwan and for naval operations in the disputed South China Sea, but said conflict or war bet...
08:39 2019-06-02

Oil up more than 1% on Mideast tensions and supply cuts Oil prices rose more than 1% on Monday, supported by Middle East tensions and OPEC-led supply cuts as well as continued crude disruptions from Russia after a contamination problem discovered last month....
22:26 2019-05-27

Renault-Nissan Tensions Somehow Got Even Worse Everything is falling apart for Renault-Nissan, more tariff threats, more Brexit fallout, more alleged corruption in the Trump administration, and bad reviews for Elon Musk as a boss. All this and more in The Morning Shift for Friday, June 10, 2019....
16:26 2019-06-10