National Australia Bank Profitability Remains Robust on Steady Margins and Low Loan Losses
Management focus is on the successful, lower-risk, and profitable domestic banking. Economies of scale, pricing power, a strong balance sheet, and high credit ratings provide a robust platform to ...
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EMEA Morning Briefing: Markets Await Likely Fed, BOE Rate Cuts
EU retail trade; U.K. BOE Rate decision; Germany Foreign trade, industrial production index; trading update from Rolls-Royce, Telefonica, Zurich Insurance Group, Pirelli & C, Veolia Environnement, ...
China’s Leading Online Automobile Platform in Search For Next Growth Driver
Autohome is China’s largest automobile online media platform in terms of user traffic. The firm started providing media services in 2008 with a focus on new car content and building an active online ...
Solid Recovery but JR East's Longer-Term Outlook Dimmed by Aging Population
Shareholder distributions are appropriate. JR East has a long-term dividend payout ratio of 30% and plans to return a further 10% to shareholders via share buybacks in the medium term. While ...
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported a net loss of $12.4 million, or 3 cents a share, compared with $12.1 million, or 3 cents a share, in the same quarter last year. The per-share figure was in line GAAP estimates from ...
Qualcomm's rosy forecast sends stock surging, and more buybacks may be on deck
Qualcomm Inc. blew away Wall Street on Wednesday with its forecast for the current quarter while announcing that it's upping its buyback program by $15 billion.
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings Inc. reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing ...
After Trump's Victory, One Company Prepares to Shift Production From China
Clayton said the company is already responding to Trump's election, including by moving more of its production out of China as quickly as possible to protect itself against any new U.S. tariffs. "We ...
TikTok Canada Unit Ordered to Dissolve Operations on National-Security Concerns — 2nd Update
OTTAWA--Canada said Wednesday it ordered TikTok Technology Canada, the domestic unit of the social-media app's Chinese owner, to dissolve its business operations due to national-security concerns.
Stocks to Watch: Qualcomm, Lyft, Zillow Group, Digital Turbines
Zillow Group narrowed its loss and beat analysts' revenue expectations in the third quarter. The home-listing site posted a net loss of $20 million, compared with $28 million a year earlier. Revenue ...
Nutrien Sees Strong Crop Nutrient Demand in North America — Commodity Comment
Crop inputs and services company Nutrien said it is seeing strong crop nutrient demand in North America for the fall application season after lower field activity in the third quarter. On agriculture ...