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The American company Nasdaq, which owns the Nasdaq stock exchange, in the first quarter increased its net profit by 5.4%, compared to the same period in 2017, to 177 million dollars, the finversia.ru project wrote with reference to the company's accounts. Net diluted earnings rose to 1 dollar 5 cents per share, from 99 cents per share a year earlier. Analysts had expected the figure at 1 dollar 20 cents. Quarterly revenue increased by 14.6% year-on-year to $666 million. President and CEO of Nasdaq, Adena Friedman, noted that strong quarterly results were achieved by “combining good organic revenue growth, as well as maximizing the benefits of a larger volume of the sector with a strong market position”.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
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