Volkswagen Takes New Diesel Emissions Charge, Lifts Sales Forecast
The scandal-hit German car maker puts away $437 million to settle litigation, taking the total set aside for its cheat-technology disaster so far to almost $20 billion. Jonathan Braude. Follow. Oct 27, 2016 5:48 AM EDT. German car maker Volkswagen ...>> view originalApple weighs on Wall Street; oil, gold prices slip
By Hilary Russ | NEW YORK NEW YORK Apple's results weighed on U.S. stock prices on Wednesday after the technology giant posted its first annual revenue decline since 2001, while oil and gold prices slipped.Apple, the world's largest company by market capitalization, fell 2.2 percent after it acknowledged strong demand for its iPhone 7 Plus caught the company off-guard and it was struggling to keep up with demand.The technology giant pulled down the S&P 500 stock index and Nasdaq, but gains i..>> view originalFord earnings fall to $1 billion in Q3
Ford has recently launched production of the 2017 Ford F-Series Super Duty truck at its Kentucky Truck plant in Louisville. The automaker reported Thursday that its third-quarter earnings fell from the $2.7 billion it made in the third quarter of 2015.(Photo: Ford Motor Company photo)Ford's third-quarter profit fell 55% from a year ago to $1 billion, reflecting lower sales in U.S. sales in the last two months, but the results exceeded Wall Street estimates.The decline was expected because Ford p..>> view originalSherwin-Williams Reaches Our Downside Target; What's Next?
Sherwin-Williams Reaches Our Downside Target; What's Next? By Bruce Kamich | Oct 26, 2016 | 11:55 AM EDT Sherwin-Williams SHW started a decline in July with a gap to the downside. On Sept. 12 we penned a bearish update looking for further declines. "Once this short-term bounce in SHW is over I would look for a renewed decline toward $250 at some point in the fourth quarter."...360 more words left in this article. To read them, just click below and try Real Mone..>> view originalDeutsche Bank warns of tough times ahead due to US fine
FRANKFURT Deutsche Bank (DBKGn.DE) chief John Cryan pledged to redouble restructuring efforts on Thursday, warning that it faces tough times finalizing talks with U.S. justice authorities over a multi billion dollar fine.Germany's biggest lender earlier posted an unexpected quarterly profit, benefiting from a modest rebound in bond trading, but failed to dispel the cloud of uncertainty that drove clients to withdraw billions of euros.Cryan said on a conference call that the quarter had been ov..>> view originalIn Fight Over N.D. Pipeline, Tribe Leader Calls For Peace And Prayers
In Fight Over N.D. Pipeline, Tribe Leader Calls For Peace And Prayers By: NPR Staff October 27, 2016 Protests against the Dakota Access Pipeline have been raging for months, but tensions have been escalating. Recently, tribal leaders — led by Standing Rock Sioux Tribe Chairman Dave Archambault II — called on the Department of Justice to look into what they describe as unnecessary use of force by state and local law enforcement. The tribe is go..>> view originalU.K. Economy Wins Brexit Round One Before Real Test Begins
Follow @Brexit for the latest news, and sign up to our Brexit Bulletin for a daily roundup.The U.K. economy is holding its head up for now.The 0.5 percent growth rate in the three months since the vote to exit the European Union may be a slowdown from the previous three months, but it’s faster than forecast and far from the dire warnings of recession some had predicted. Emboldening those who backed Brexit, the statistics office declared “little evidence of a pronounced effect” from the June 23 ..>> view originalIT'S OFFICIAL: Qualcomm is buying NXP Semiconductors for $47 billion in cash
Qualcomm CEO Steve Mollenkopf hits his tee shot on the 17th hole during the first round of the Pebble Beach National Pro-Am golf tournament in Pebble Beach, California, February 12, 2015.Reuters/Michael FialaQualcomm has agreed to buy NXP Semiconductors for $47 billion in an all-cash deal. The deal is the largest in the history of the semiconductor industry. According to a statement Thursday, Qualcomm has agreed to pay $110 per share for NXP, an 11% premium over the latter's closing price on We..>> view originalTwitter lays off 9% of its workforce as it posts a desperately-needed positive Q3
With Twitter’s acquisition hopes essentially dead, the company now seems it’s on its own to fend for itself and needs to figure out a way to build a reasonable and profitable business. Today, it got a much-needed good Q3 performance by largely beating Wall Street’s expectations across the board. The company also confirmed that it would lay off roughly 9 percent of its staff as it looks to restructure itself into a company that can continue to run on its own and keep Wall Street happy. Those la..>> view originalThese Are Elon Musk's Top 3 Priorities at Tesla
In an earnings call following one of Tesla’s best quarters ever, Tesla CEO Elon Musk disclosed the three things he’s currently prioritizing at his electric car company. Those priorities include making sure that the company’s upcoming Model 3 is on time and inexpensive enough, advancing Tesla’s autonomous vehicle software, and ramping up the company’s high-energy battery pack for cars. It shouldn’t come as a surprise that the Model 3 is at the top of the list. The company has only launched three..>> view original
Wednesday, November 9, 2016
Volkswagen Takes New Diesel Emissions Charge, Lifts Sales Forecast and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment