Archive for Tag: stock market news

Oil falls amid dollar strength; demand picture still bullish

Brent Crude was trading 1.15% down at  $72.25. Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off...

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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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UK competition regulator looking into $39 billion AstraZeneca-Alexion deal

AstraZeneca (NASDAQ:AZN) is trading down 0.26% at 8129.00 Britain’s competition regulator is reviewing AstraZeneca (NASDAQ:AZN)’s $39 billion buyout of U.S.-based Alexion (NASDAQ:ALXN) on concerns it could reduce competition in the UK market or elsewhere. The UK’s Competition and Markets Authority (CMA) said on Tuesday it was inviting comments from...

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With electrification, Nissan’s Gupta sees new spark for Renault tie-up

Nissan Motor Co is trading up 0.89% at 532.80 Nissan (OTC:NSANY) Motor Cowill standardise and share electric-vehicle components with alliance partner Renault SA (OTC:RNLSY), the Japanese automaker’s chief operating officer (COO) said, describing electrification as the partnership’s new lynchpin. The Franco-Japanese alliance, which also includes junior member Mitsubishi Motors...

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Top 5 Stock To Trade Today 18 May 2021 | Capital Street Fx

TOP 5 STOCKS TO WATCHOUT: – 1. TESLA: – The family office run by “Big Short” investor Michael Burry has disclosed a short position against Tesla (NASDAQ:TSLA) Inc worth more than half a billion. Scion Asset Management said in a regulatory filing on Monday that it had bearish put...

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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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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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