When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings multiple trades at decade highs.
Airbus faces billions of dollars of fines after agreeing in principle to a settlement with French, British and U.S. authorities following a crippling three-year investigation into allegations of bribery and corruption.
Pfizer Inc reported a 9% drop in fourth-quarter revenue, hurt by intense competition for its pain treatment Lyrica that lost patent protection last year.
Renault’s board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive.
Today we’ll evaluate Cleveland-Cliffs Inc. (NYSE:CLF) to determine whether it could have potential as an investment… …read more […]
Top news and what to watch in the markets on Tuesday, January 28, 2020. …read more […]
Facebook Inc and other global companies including LG Electronics Inc and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.
Goldman Sachs has instructed staff who have been in mainland China to work from home or be out of the office for 14 days since they were last there, according to an internal notice.
Prime Minister Boris Johnson will decide if China’s Huawei should have a role in Britain’s future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit.
Renault’s board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, two sources familiar with the matter said.
Oil futures were set for a sixth day of losses as the death toll from a virus in China rose, but the heavy sell-off of recent sessions was curbed by output outages in Libya and OPEC comments designed to calm demand fears.
European markets rebounded early on Tuesday after the previous day’s thumping, which saw investors worried about the economic fallout from the coronavirus outbreak in China huddle in safe-haven assets.
Renault’s board is set to meet early on Tuesday afternoon to discuss naming Luca de Meo, formerly the head of Volkswagen’s Seat brand, as its next chief executive, two sources familiar with the matter said.
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.SAP SE raised its outlook for adjusted operating profit but cloud revenue forecasts wavered, as the software giant’s new chief executive officers’ plot how to compete with U.S. rivals.Europe’s biggest tech company by market value has spent the past few years concentrating on growing its cloud business.However SAP’s fourth-quarter results were “mixed,” analysts at MainFirst said, adding that while licenses and operating margins were ahead of predictions, cloud revenues came in below expectations.The company’s shares fell as much as 2.7% in early …read more […]
(Bloomberg Opinion) — Whenever it’s seemed like Airbus SE might steal a march on Boeing Co., something has come along to throw a spanner in the works. A decade ago Airbus was consistently delivering more planes than its arch-rival but its competitiveness was eroded by the strong euro and the nightmare of building the ill-fated A380 superjumbo.Until the two recent fatal crashes involving the Boeing 737 Max, it seemed like a similar story. While both companies had brimming order books, Boeing’s cash flow was going through the roof and Airbus was bedeviled by production difficulties on new commercial aircraft and …read more […]
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