Financial news

25.04.2019 14:00:33

Remy Cointreau's revenue following the results of the fiscal year reached a record level

The French producer of alcoholic beverages, Remy Cointreau, published a report on financial results for the fiscal year that ended on March 31. Its revenue reached a record level of 1 billion 220 million euros, an increase of 7.8% in organic ...
25.04.2019 14:00:33

The confidence of German entrepreneurs in the country's economy declined in April

The ifo research institute reported an unexpected weakening of German businessmen’ confidence in the German economy in March. The corresponding index calculated by it was 99.2 points, down from the March value of 99.7 points. Economists had ...
25.04.2019 14:00:33

Net income of Credit Suisse in the first quarter exceeded forecasts

Swiss bank Credit Suisse in the first quarter of 2019 recorded a net profit growth of 8% compared to the same period last year to 749 million Swiss francs. The figure exceeded the estimates of experts who had expected it at the level of 682 ...
25.04.2019 14:00:33

Occidental Petroleum announced its intention to acquire Anadarko at a price of $76 per share

American oil and gas company Occidental Petroleum has sent a proposal to purchase a 100% stake at $76 per share to the board of directors of the American company Anadarko, specializing in the exploration and production of oil and natural gas. ...
25.04.2019 14:00:33

Hyundai Motor increased its quarterly profit by 30%

Hyundai Motor, the largest car manufacturer in South Korea, reported on the growth of all financial indicators in the first quarter of the year. The company's net profit of 953 billion 800 million won showed an annual growth of 30%. The operating ...
25.04.2019 14:00:33

Samsung will invest $116 billion in the development of logic chip business by 2030

South Korean Samsung Electronics announced plans to invest 133 trillion won in a chip manufacturing business by 2030. The message from the electronics manufacturer states that it has planned 73 trillion won for internal research, and the company ...
24.04.2019 11:00:45

Lockheed Martin's quarterly earnings rose 47%

The report of the American military-industrial corporation Lockheed Martin for the first quarter of 2019 showed an increase in net profit relative to the same quarter last year by 47% to 1 billion 700 million dollars. The adjusted earnings ...
24.04.2019 11:00:45

China Mobil in the first quarter reduced its net profit by 8.3%

China Mobile reported that in the first quarter its net profit fell by 8.3%, the maximum rate over the past 2 years, and amounted to 23 billion 700 million yuan. Revenue was at the level of 185 million yuan, a decrease of 0.3% over the year, ...
24.04.2019 10:00:27

Twitter increased net profit 3 times in the first quarter

The report by Twitter, which owns the microblogging network of the same name, showed that in the first quarter, the American company increased its net profit 3 times compared with the same period a year earlier, to $191 million. Twitter captures ...
24.04.2019 10:00:27

Whirlpool reported a 5-fold quarterly increase in profit

American corporation Whirlpool, the largest manufacturer of household appliances in the country, reported the financial results for the first quarter of this year. Net profit increased 5 times in annual terms and reached 471 million dollars. ...
24.04.2019 10:00:27

Net profit of Coca-Cola in the first quarter increased by 22.6%

The world's largest producer of soft drinks, Coca-Cola, reported that in the first quarter its net profit amounted to $1, 680 million, an increase of 22.6% in annual terms. The profit indicator, which does not take into account one-off factors, ...
24.04.2019 10:00:27

Shares of Thomas Cook rose 16% after the report on a possible mergence

Media reports on offers made by several British companies to acquire the Thomas Cook's tourism division, and even the entire company, increased the value of shares of the world's oldest tour operator by more than 16% on Tuesday. Among its potential ...
24.04.2019 10:00:27

Procter & Gamble increased net profit by 15% in the first 9 months of the fiscal year

American Proctor & Gamble, one of the world's largest producers of consumer goods, reported that in the first 9 months of the fiscal year ended in late March, its net profit increased by 15.4% compared to the same period a year earlier ...
24.04.2019 10:00:27

Tesla plans to launch a drone taxi service in the USA in 2020

The head of the American electric vehicle manufacturer Tesla, Elon Musk, told CNBC about plans to launch an unmanned taxi service in the US in 2020. Musk said he hoped to get approval from regulators only in some states, so these taxis would ...
24.04.2019 10:00:27

H&M announces plans to develop second-hand segment

Many buyers are interested in the second-hand market in an effort to take part in environmental protection events. Against this background, the demand for used things in the world is growing, according to the Ukrainian Retail Association. Experts ...
24.04.2019 10:00:27

Inflation in Singapore accelerated slightly in March

According to the Ministry of Trade and Industry and the Monetary Authority of Singapore, in March, consumer price inflation accelerated in Singapore to 0.6% from a February value of 0.5%. Factors such as higher prices for services and food, ...
22.04.2019 12:00:34

The fortune of Bill Gates again exceeded $100 billion

Forbes magazine reported that, according to the billionaires rating, the fortune of Microsoft founder Bill Gates last week for the first time since 1999 exceeded 100 billion dollars. Gates managed to achieve this against the backdrop of rising ...
22.04.2019 12:00:34

Toyota and partners will invest $1 billion in the development of unmanned vehicles

Uber, which provides road transport services and private taxi services, announced a reached investment agreement with Toyota Motor, Denso and SoftBank Vision Fund regarding its Uber Advanced Technologies Group, which specializes in the development ...
22.04.2019 12:00:34

Nissan has denied a media report on the planned reduction in production

Japanese Nikkei reported at the end of last week that the automaker Nissan Motors plans to produce about 4,600,000 cars in the 2019 fiscal year, thus reducing production by 15% compared to the last fiscal year. A little later, Reuters reported ...
22.04.2019 12:00:34

Automakers intend to invest in the production of electric vehicles billions of dollars

During the auto show, held in New York at the end of last week, the leaders of the automotive companies announced their intention to invest billions of dollars in the production of electric cars, despite the low level of demand for them in ...
22.04.2019 12:00:33

Shares of Pinterest rose in price after the IPO

The debut of the social Internet service Pinterest in the stock market on Thursday last week showed investor interest in its shares, which, following the results of the IPO, rose by almost 30%. Thus, the cost of Pinterest was estimated at approximately ...
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