After 169 years of keeping the business in the family, agricultural commodity giant Louis Dreyfus Company (LDC) is open to selling a large non-controlling stake to an external stakeholder, its chairwoman told Reuters.
Verizon Communications Inc shares fell about 1% on Thursday as quarterly profits missed estimates even though the company added more monthly mobile phone subscribers than expected as adding the Disney+ streaming service helped some of its plans.
The number of years of production left in Royal Dutch Shell’s oil and gas reserves fell for the sixth year in a row in 2019 to below eight. There is a growing perception the world holds enough oil and gas to meet demand many times over, especially against the backdrop of a gradual shift away from fossil fuels because of concerns about climate change. Shell was rocked in 2003 when it revealed it had inflated its oil and gas reserves for years, leading to the sacking of its chairman and chief financial officer. …read more […]
U.S. stocks edged lower on Thursday, as the coronavirus epidemic fanned fears of a further hit to China’s economy, while a mixed batch of earnings from technology firms also weighed on sentiment.
Shopify Inc.’s (NYSE:SHOP): Shopify Inc. provides a cloud-based multi-channel commerce platform for small and… …read more […]
The dire forecast prompted six Wall Street analysts to cut their price targets with Pivotal Research reducing its own target by $30 to $215. Pivotal analyst Michael Levine, who downgraded the stock to “hold”, said he expected cautious commentary around the first quarter of 2020 and a better result for the fourth quarter. Chief Financial Officer David Wehner said that the pace of expansion will slow further in the first quarter of 2020. …read more […]
Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.
NEW YORK and TORONTO, Jan. 30, 2020 — NexTech AR Solutions (the “Company” or “NexTech”) (otcqb:NEXCF) (NTAR)(N29) NexTech AR Solutions, the industry leader in augmented reality, is pleased to announce a major enhancement by expanding […]
Southwest Airlines said on Thursday it was disappointed with a government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on its jets with unconfirmed maintenance records.
Altria Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.
Tesla reported fourth-quarter 2019 results after market close Wednesday. …read more […]
U.S. stock indexes opened lower on Thursday as the coronavirus epidemic fanned concerns of a slowdown in China’s economy, while a mixed batch of earnings from technology firms also weighed on sentiment.
The U.S. economy missed the Trump administration’s 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019 as the slump in business investment deepened amid damaging trade tensions.
Shares of Facebook Inc fell 7% on Thursday after the social media giant posted its slowest quarterly growth since its market debut as expenses mount and warned of continued stagnant growth.
Millennials get a bad reputation when it comes to managing finances, but they’re stashing money away earlier than prior generations, a new study says. …read more […]
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