Archive for Tag: stock market news today

Volkswagen Stock Price

Volkswagen expects chips shortage to ease in Q3

Volkswagen (DE:VOWG) is trading up 0.03% at 367.80 Volkswagen (DE:VOWG)expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper. “At the moment we have reached the lowest point. We are facing the toughest...

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Marks & Spencer shares surge in otherwise sluggish London market

London stocks were generally lower on Wednesday, with heavily weighted HSBC dragging the index lower, along with British Land, though Marks & Spencer was a bright spot after well-received results. The FTSE 100 index dipped 0.1% to 7,019.67, while the yield on 10-year U.K. gilts fell 3 basis points...

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Walt Disney Earnings Beat, Revenue Misses in Q2

Walt Disney (NYSE:DIS) UP 0.28% AT 178.34 Walt Disney (NYSE:DIS)reported on Thursday second quarter earnings that beat analysts’ forecasts but revenue fell short. Walt Disney announced earnings per share of 79 cents on revenue of $15.61 billion. Analysts polled by Investing.com anticipated EPS of 27 cents on revenue of...

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The U.S. state with the most detailed corporate diversity disclosures

Boeing (NYSE:BA) Co DOWN 1.08% AT 232.93 Aerospace company Boeing (NYSE:BA) Cowas explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland (NYSE:ADM) Co offered a more general accounting, saying its board was 55% diverse. Illinois officials have seen the range...

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Activist Bramson abandons tussle with Barclays, selling stake

Barclays (LON:BARC) DOWN 1.31% AT 318.36 Activist investor Edward Bramson has sold his firm’s 6% stake in Barclays (LON:BARC), disbanding a three-year effort to overhaul the British bank and ending a stand-off with chief executive Jes Staley. Bramson’s fund, Sherborne Investors, had pressured Staley since 2018 to scale back...

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Chevron

Chevron profit drops on weaker refining margins, storm hit

Chevron Corp (NYSE:CVX)’s UP 1.51% AT 83.88 Chevron Corp (NYSE:CVX)’sfirst-quarter profit fell 29% compared with the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset sale that benefited results last year. Oil...

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Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

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