Economic Times |
UBS Earnings Beat as Rising Stocks, Rates Lift U.S. Business
Bloomberg UBS Group AG said profit more than tripled in the fourth quarter as rising interest rates and stocks boosted U.S. wealth management and the securities unit, and the bank put less money aside for litigation. Profit before tax rose to 848 million francs … UBS sees annual net profit nearly halve as macroeconomics, geopolitics weighCNBC UBS Beats Q4 Profit Forecast; Sees Improved Wealth Management in 2017TheStreet.com UBS annual net profits plunge 46%Yahoo News ABC News –The Australian –Yahoo News UK –RTT News all 12 news articles » |
New York Times |
Toshiba, Desperate for Cash After Scandal, Will Sell Microchip Business
New York Times Toshiba headquarters in Tokyo. The company will spin off its microchip division, which makes the information-storing “brains” inside millions of smartphones and other devices. Credit Behrouz Mehri/Agence France-Presse — Getty Images. TOKYO — Ill … Toshiba to sell part of chip business, first step in offsetting huge chargeReuters UPDATE 1-Toshiba reckoning looms with chip decision, nuclear hole unresolvedBusiness Insider Toshiba to spin off flash memory unit to offset US nuke lossU.S. News & World Report Yahoo News –Wall Street Journal –BBC News –The Japan Times all 30 news articles » |
South China Morning Post |
Asian Shares Drift in Thin Trade as Markets Watch Trump
New York Times HONG KONG — Asian stocks drifted mostly higher Friday in quiet trading as traders and investors prepared for the start of the lunar new year holiday across much of the region. KEEPING SCORE: Japan's benchmark Nikkei 225 index climbed 0.3 percent to … Asian stocks lift off after Dow 20000MarketWatch Hong Kong stocks ease off 3-month high ahead of holiday weekendReuters Hong Kong Yuan Deposits Post Record Monthly Decline in DecemberYahoo Finance South China Morning Post –Nikkei Asian Review –Hong Kong Standard (press release) –Economic Calendar all 19 news articles » |
Financial Express |
UPDATE 3-Alibaba's Ant Financial in overseas push with MoneyGram deal
Business Insider Jan 26(Reuters) – Ant Financial Services Group, the world's largest financial technology company, said on Thursday that it would acquire U.S. money-transfer company MoneyGram International Inc for about $880 million in a deal that is expected to shake … Alibaba's Ant Financial buys MoneyGram for $880mBBC News Why Southwest Airlines, MoneyGram International, and United Rentals Jumped TodayMotley Fool Alibaba affiliate Ant Financial to acquire MoneyGram in US$880 million dealTheStreet.com Bloomberg –Barron’s (blog) –PaymentsSource –Economic Times all 73 news articles » |
Bloomberg |
Macau Hotels Booked Out as Casinos Bet on Holiday Gamblers
Bloomberg Casino operators are wagering that high-roller and recreational gamblers alike will be spending their “lai see” money in Macau as hotel rooms fill up for Chinese New Year. The most important business stories of the day. Get Bloomberg's daily newsletter. Wynn Resorts shares surge 7 percent after revenue beats on new Macau casinoCNBC Wynn Resorts, Limited Reports Fourth Quarter and Year End 2016 ResultsBusiness Wire (press release) Macau VIP rebound encourages Wynn in earnings callLas Vegas Sun Motley Fool –TheStreet.com –Las Vegas Review-Journal –Nasdaq all 76 news articles » |
|
Trump plan for 20 pct tax on Mexico exports raises eyebrows
Salon TOKYO (AP) — Talk of a possible 20 percent tax on U.S. imports from Mexico is raising eyebrows in Asia, where exports to the U.S. drive growth in many economies. Japanese officials said Friday they hoped to soon hold talks on trade with U.S. officials. |
New York Times |
Alphabet's Profits Stay Predictably Good in a Volatile Industry
New York Times Attendees of the Google I/O 2016 developers conference in Mountain View, California, last year. Credit Stephen Lam/Reuters. SAN FRANCISCO — It is almost boring how predictably good Alphabet's earnings are these days — a trait not always shared by the … Marketers Should Note These 5 Things From Google Parent Alphabet's EarningsWall Street Journal Alphabet Earnings Marred by Taxman, While Revenue JumpsBloomberg UPDATE 2-Alphabet quarterly profit misses estimates, shares fallBusiness Insider Fortune –USA TODAY –Adweek –Recode all 253 news articles » |
USA TODAY |
Starbucks: Crowded stores turned off customers
USA TODAY NEW YORK – Not everyone is willing to wait in a line for a Starbucks fix. The coffee chain reported disappointing sales growth on Thursday and partly blamed the “congestion” in its stores for prompting some people to leave without buying anything … Starbucks sales remain slow, forecast loweredMarketWatch Starbucks Is the Latest Restaurant to Post Soft SalesFortune Starbucks Sinks Despite Record Holiday ResultsMotley Fool Reuters –CNBC –Forbes –TheStreet.com all 167 news articles » |
Fox Business |
Auto Workers' Bonuses Surge as Companies Post Gains
Fox Business By Chester Dawson, Christina Rogers and John D. Stoll Published January 26, 2017 Auto Dow Jones Newswires. Facebook; Twitter; Comments; Print. 2018 Ford F-150 Detroit auto show FBN. (AP Photo). Workers at domestic car factories are reaping the … Big 3 to DC: Auto CEOs must remind Trump of consumers' needsThe Hill (blog) FIAT-CHRYSLER CEO: There's 'no doubt' Trump's economic plans will be an 'overall positive for us'Business Insider A Big Pay Day For Auto Workers As Ford, Chrysler Share The WealthForbes U.S. News & World Report –Washington Post –Detroit Free Press –Motley Fool all 102 news articles » |
Bloomberg |
Verizon's Pipe Dream
Bloomberg Verizon Communications Inc., the largest U.S. wireless provider, is reportedly exploring a merger of extra-mega proportions with Charter Communications Inc. Charter is the $104 billion company that not long ago bought the brand everybody loves to hate: … Earnings Preview: What To Expect From Sprint On TuesdayForbes UPDATE 4-Speculation builds on a Verizon-Charter tie-up, no offer madeBusiness Insider Comcast mobile phone service coming in 2017 with wireless/cable bundlesArs Technica Multichannel News –Variety –Press Herald –TheStreet.com all 224 news articles » |