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Company news

02.11.2018 10:00:57

American Avon increased its quarterly profit almost 10 times

The American cosmetics company, Avon Products, which operates in more than 100 countries around the world, following the results of the first nine months, reported a net profit of $55,700,000, whereas a year earlier it had a loss of $70,400,000. ...

02.11.2018 10:00:57

The UK industrial sector grew in October at its slowest rate in two years

The purchasing managers index in the UK industrial sector dropped in October to 51.1 points from 53.6 points in the previous month, IHS Markit reported. This is the minimum value of the indicator for 27 years. Experts had expected a less significant ...

02.11.2018 10:00:57

The fall of the dollar caused a sharp increase in gold prices

Gold rose in price substantially on Thursday after dropping to a 3-week low on Wednesday, finversia.ru writes. The increase in the value of precious metals contributed to the decline in the US dollar index amid reports of progress in the negotiations ...

01.11.2018 11:01:00

Gold prices fell to a 2-week low amid rising US dollar

Data on consumer confidence in the United States pushed the dollar to the highest value in a year. Against this background, the cost of gold on Wednesday dropped to a minimum of two weeks. The reason for its decline was also the restoration ...

01.11.2018 11:01:00

Elon Musk has become the largest shareholder of Tesla

The SEC received a notification from the founder and CEO of Tesla, Elon Musk, that he had acquired a Tesla stake of 10 million dollars, CNBC reported. Taking into account the shares acquired earlier by Musk in the amount of $25 million, 9 million ...

01.11.2018 11:01:00

Sanofi quarterly profit exceeded forecasts

The net profit of Sanofi, the pharmaceutical concern from France, grew in the third quarter by 10.3% and amounted to 2 billion 300 million euros. The indicator exceeded the experts' forecasts of 2 billion 140 million euros. Revenues for the ...

01.11.2018 11:01:00

Yum! Brands following the results of the first 9 months increased net profit by 34%

Yum! Brands, the operator of fast-food chains, reported that in nine months its net profit grew by 34% in annual terms and amounted to 1 billion 200 million dollars. Diluted earnings per share increased to 3 dollars 64 cents from 2 dollars ...

01.11.2018 11:01:00

American Ford and Chinese Baidu have entered into an agreement to test unmanned vehicles in China

American car manufacturer Ford Motor and Chinese Internet company Baidu have entered into a partnership agreement in the field of testing unmanned vehicles in China. They will test self-driving cars of the fourth category. Previously, the cooperation ...

01.11.2018 10:01:05

General Motors in the third quarter returns to net profit

In the third quarter, the largest in the United States automotive concern General Motors recorded a net profit of $2.5 billion against a loss of $3 billion a year earlier. The growth of revenue and quarterly results of the financial division ...

01.11.2018 10:01:05

Eurozone inflation in October was 2.2%

In October, consumer prices in the euro zone rose by 2.2% compared to October last year. Compared with September, when inflation was 2.1%, in October its acceleration was observed, Eurostat reported. October price growth rates coincided with ...

01.11.2018 10:01:05

The level of unemployment in the euro area did not change in September

In September 2018, the level of unemployment in the eurozone remained unchanged, maintaining the August value of 8.1%, which was the lowest since November 2008, Eurostat data showed. The September figure confirmed market forecasts. In the EU ...

01.11.2018 10:01:05

Airbus has tripled its quarterly profit

Following the results of the third quarter, the largest aerospace concern in Europe, Airbus Group, reported an increase in net profit 3.1 times compared to the same quarter a year earlier to 957 million euros. Factors such as the acquisition ...

01.11.2018 10:01:05

Growth in the number of jobs in the US private sector exceeded forecasts in October

The US private sector continued to increase the number of jobs at a high rate in October. According to the ADP Research Institute, last month the figure rose by 227 thousand, significantly exceeding the increase expected by experts in the amount ...

31.10.2018 11:00:40

General Electric in the fourth quarter received a loss of $22 billion 800 million

In the third quarter, General Electric recorded a net loss of $22 billion 810 million against a net profit of $1 billion 320 million over the same period of 2017. Adjusted earnings of 14 cents per share were lower than experts' forecast of ...

31.10.2018 11:00:40

Coca-Cola financial results for the third quarter exceeded forecasts

American soft drink manufacturer Coca-Cola increased its net profit by 30% in the third quarter from a year earlier to $1 billion 880 million. Earnings, not taking into account one-off factors, of 58 cents per share exceeded economists’ forecast ...

31.10.2018 11:00:40

Eurozone confidence index fell to a minimum in 17 months in October

In October, the composite consumer and business confidence index in the eurozone was 109.8 points, down from 110.9 points in August, the European Commission reported. The decline in the index has been observed in the eurozone for 10 months ...

31.10.2018 11:00:40

Eurozone economy grew by 0.2% in the third quarter

Consolidated GDP of the 19 eurozone countries in the third quarter showed minimal growth rates since the second quarter of 2014. According to Eurostat, its growth was 0.2% compared with a 0.4% rise in the previous quarter. According to experts, ...

31.10.2018 11:00:40

Volkswagen increased quarterly profit 2.7 times

In the third quarter, German automaker Volkswagen reported an increase in net profit 2.7 times compared with the same period last year to 2,670 million euros. The revenue figure of 55 billion 200 million euros did not reach experts' forecasts ...

31.10.2018 11:00:40

Pfiza net profit following the results of the first nine months increased by 28%

American pharmaceutical company Pfiza, one of the world leaders in this industry, from January to September 2018, increased its net profit by 28% in annual terms to 11 billion 546 million dollars, finversia.ru writes, referring to the company's ...

31.10.2018 11:00:40

Rising home prices in the United States are ahead of wage growth

Housing prices in the US over the past 6 months have risen faster than wages, Bloomberg reports. Housing from March 31, 2012 to the present, has risen in price by 60%. Over the same period, household income growth was less than 30%, according ...

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