Embraer said on Monday it will defend itself against a lawsuit brought by leftist lawmakers aimed at halting a bid by Boeing Co to take over most of the Brazilian planemaker’s commercial jet unit, the latest legal headache for the proposed tie-up.
Jul.30 — Samsung Electronics Co.’s net income fell short of analysts’ estimates as slowing growth in the global smartphone market hits demand for its Galaxy devices, while Chinese rivals ramp up competition to supply displays. Bloomberg’s Intelligence’s Anthea Lai weighs in on “Bloomberg Daybreak: Asia.” …read more […]
Asian share markets weakened on Tuesday, taking cues from the rout in global technology shares while the yen edged higher ahead of the Bank of Japan’s rate review, at which it could flag a shift away from its massive monetary stimulus.
The Bank of Japan will likely trim its inflation forecasts on Tuesday and consider changes to its massive stimulus program to make it more sustainable, reflecting a growing recognition it will take longer than expected to meet its elusive price goal.
Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday as the sluggish global smartphone market weighed on earnings, although the chip business continued to perform well.
Embraer said on Monday it will defend itself against a lawsuit seeking to suspend the Brazilian planemaker’s negotiations with Boeing over a proposed takeover of most of Embraer’s commercial jet unit.
Samsung Electronics Co Ltd posted a 5.7 percent rise in second-quarter profit on Tuesday as strong sales of semiconductors helped the South Korean tech giant defy sluggish growth in the smartphone market.
Former Deputy Attorney General Tom Dupree discusses President Trump’s attacks against special counsel Robert Mueller’s Russia investigation. …read more […]
Jim Cramer breaks down how the collateral damage of Monday’s panic could create a prime buying opportunity. …read more […]
Jim Cramer rattles off his take on callers’ favorite stocks, including a pharmaceutical play on a tear. …read more […]
Jim Cramer talks the rise of big data and the issues around semiconductor demand with Lam Research CEO Martin Anstice. …read more […]
Friday’s gross-domestic-product report showed that residential investment, which includes construction and brokers’ fees, fell for a third quarter out of four. It was another confirmation that the US housing market is in a slowdown. Sales of luxury and affordable housing have been declining for months. …read more […]
Jim Cramer argues that NXP Semiconductors’ prospects are still intact after Qualcomm dropped its bid for the chipmaker. …read more […]
Jul.30 — CBS Corp. CEO Leslie Moonves will remain on the job while board of the broadcast giant seeks an outside counsel to investigate allegations of sexual harassment. Bloomberg’s Anders Melin reports on “What’d You Miss?” …read more […]
It was not immediately clear if Moonves would stay on for the duration of the investigation. Moonves, 68, is one of the global media industry’s highest-paid executives and could receive a severance package of more than $180 million (137.01 million pounds)based on his contract and the terms of his departure, according to CBS filings with the U.S. Securities and Exchange Commission. The media and TV company on Friday disclosed plans for a probe after the New Yorker magazine published an article detailing claims by six women who said Moonves sexually harassed them in incidents between 1985 and 2006. …read more […]
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