Wall Street Journal Low Crude Prices Hammer Big Oil CompaniesWall Street JournalThe world's biggest oil companies posted losses or steep declines in profit for the second quarter, and now face a daunting remainder of the year as crude prices retreat to about $41 a barrel. Exxon Mobil Corp. XOM -1.39 % on Friday reported its […]
Reuters Rising revenue boosts UPS profit; 2016 forecast confirmedReutersCHICAGO United Parcel Service Inc (UPS.N) reported a higher quarterly net profit on Friday that met analyst expectations as revenue grew across its business units, and the company reaffirmed its full-year earnings outlook despite global economic …United Parcel Service's (UPS) CEO David Abney on Q2 2016 Results – […]
CNBC Stocks close mixed; S&P, Dow snap 4-wk win streakCNBCU.S. stocks closed mixed Friday, the last trading day of the month, as encouraging earnings from major tech companies offset negative reports from some energy firms and a disappointing GDP report. In "an economy that's growing but not robustly, you …Don't Worry, Be HappySeeking AlphaUS stocks […]
azcentral.com Best ETFs of JulyZacks.comThe markets were in great shape in July after a steep sell-off in late June thanks to Brexit. The key U.S. gauges, the S&P 500 and the Dow Jones Industrial Average, hit consecutive highs. Tailwinds were sufficient for the indices to log a steady ascent.Wirehouses, B-Ds Follow RIAs Into Passive FundsFinancial […]
WKTV N.J.'s 20 best wings, for National Chicken Wing DayNJ.comWings, wings, wings, I can't get enough of them. One of my three desert island foods, along with ribs and donuts. I had wings for dinner the other night, and not to celebrate National Chicken Wing Day, which is today. I just love wings – at […]
BBC News Hinkley Point: Surprise delay for nuclear plant dealBBC NewsPlans to build the first new UK nuclear plant in 20 years have suffered an unexpected delay after the government postponed a final decision until the early autumn. French firm EDF, which is financing most of the £18bn Hinkley Point project in Somerset, …U.K. Casts Doubt […]
Wall Street Journal UPDATE 1-UBS posts 1.03 bln Sfr net profit for Q2, ahead of poll estimateReuters… * Q2 net profit 1.034 Sfr vs Rtrs poll f'cast for 680 mln Sfr. * Net new money of 6 bln Sfr in wealth management. * Net inflows of $2.4 bln francs in wealth management Americas (Adds CEO […]
Bloomberg Barclays Profit Drops on Loss From Asset DisposalsBloombergBarclays Plc said profit fell by more than half in the second quarter as the bank posted a 1.1 billion-pound ($1.4 billion) pretax loss from the unit that houses the businesses and assets its trying to sell or wind down. Pretax profit, excluding …Clean air ahead for […]
Bloomberg Most Asian Stocks Fall as Japan Shares Swing After BOJ DecisionBloombergMost Asian stocks dropped as Tokyo shares slid after the Bank of Japan's policy decision disappointed investors. Some 651 stocks fell and 306 rose as the MSCI Asia Pacific Index traded little changed as of 12:30 p.m. in Hong Kong. The gauge is heading […]
Business Insider China confirms legal status of ride-hailing industryBusiness InsiderFILE – In this Friday, May 13, 2016 file photo, a mobile device shows the Didi Chuxing ride-hailing app at a shopping mall in Beijing, China. China's Cabinet issued a document Thursday, July 28, 2016, outlining guidelines for ride-hailing services and …In a boost for Uber, […]