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Company news

29.10.2018 11:00:50

The third consecutive week was ended with the fall in oil prices

Over the past week, the price of Brent crude fell by 3.2%, WTI – by 2.8%. The decline in oil prices has been observed for three weeks in a row. It was caused by the strengthening of the dollar, the collapse of stock indices and concerns about ...

29.10.2018 11:00:50

Consumer confidence in the US fell in October lower than expected

The US consumer confidence index in October was 98.6 points, down from 100.1 points in September, final data from the University of Michigan showed. Analysts had expected a decline to 99 points. Consumer attitude to the current financial situation ...

29.10.2018 11:00:50

Colgate-Palmolive lowered quarterly profit by 14%

American company Colgate-Palmolive, producing consumer goods, reported that in the third quarter, its net profit fell by 14% in annual terms to $523 million. Adjusted earnings per share were 72 cents, confirming the forecast of experts. Quarterly ...

26.10.2018 11:00:52

The confidence of German entrepreneurs in the country's economy fell in October lower than it was expected

The business confidence index in Germany in October of this year was 102.8 points, dropping from 103.7 points in September, data from ifo showed. Experts had predicted a less significant decrease – up to 103.2 points. The indicator, which determines ...

26.10.2018 11:00:52

Central Bank of Turkey left the key rate unchanged

The Central Bank of Turkey, at the end of its meeting on Thursday, announced it had kept the weekly repo rate at 24%, finversia.ru writes. The decision of the Central Bank coincided with the expectations of most economists. The regulator noted ...

26.10.2018 11:00:52

ECB keeps rates unchanged

The European Central Bank announced its decision to keep the base interest rate on loans unchanged – at zero. Rates on deposits and margin loans also kept the same level. The regulator again announced its intention to leave key interest rates ...

26.10.2018 11:00:52

Puma's net profit in the third quarter increased by 24.7%

In the third quarter, Puma, the German manufacturer of sports goods, increased its net profit by 24.7% compared to the same period last year to 77.5 million euros. EBIT for the quarter reached 130 million euros, rising by 28%. Profitability ...

26.10.2018 11:00:52

Fitch is the first of the top three leading rating agencies to create a local division in China

The Fitch Bohua division of the international rating agency Fitch Ratings begins its work in China. According to the agency, the division, whose CEO is Danny Chen, the Fitch's top-manager in China, will serve the domestic market of mainland ...

26.10.2018 11:00:52

ConocoPhillips increased its quarterly profit 4.4 times

American oil company ConocoPhillips, following the results of the third quarter, reported the growth of net profit 4.4 times in annual terms to 1 billion 861 million dollars. One of the factors for the steady growth of the indicator was the ...

26.10.2018 10:00:48

Equinor returned to profit in the third quarter owing to growth in oil and gas prices

Equinor (formerly Statoil), the largest oil and gas company in Norway, reported that after a loss of $480 million recorded in the third quarter of 2017, it received a net profit of $1,670 million in the same quarter of this year, which became ...

26.10.2018 10:00:48

Despite a record reduction in users, Twitter has achieved good quarterly results

American Twitter, which owns the microblogging network of the same name, said that the deleting of fake accounts led to a decrease in the number of active users at a record pace in the entire history of the company. The figure in the third ...

26.10.2018 10:00:48

Hyundai reduced operating profit by 76% in the third quarter

In the third quarter, the largest automaker in South Korea, Hyundai Motor, reduced its operating profit 4.2 times compared to the same period last year to 288 billion 900 million won, which was the most significant drop in the index since 2010. ...

26.10.2018 10:00:48

PSA quarterly revenue exceeded forecasts

The French car manufacturer PSA Group, the second largest in Europe, following the results of the third quarter, reported a revenue growth of 7.8% in annual terms up to 15 billion 428 million euros. The indicator was favorably affected by the ...

25.10.2018 10:01:04

Boeing in 9 months increased net profit by 37%

American concern Boeing reported that in the first 9 months of this year, its net profit increased by 37% relative to the same period in 2017 and amounted to 7 billion 36 million dollars. Revenue for the earnings period increased by 5% to 72 ...

25.10.2018 10:01:04

Restaurant Brands following the results of the first nine months increased its net profit by 28%

Canadian Restaurant Brands International, one of the world's largest fast-food chain operators, reported a net profit growth of 28.3% in the first nine months of the year to $842,800 thousand. During this period, the company increased its revenue ...

25.10.2018 10:01:04

AT&T quarterly profit growth did not reach forecasts

The net profit of American telecommunications company AT&T in the third quarter increased to 4 billion 700 million dollars compared to 3 billion dollars in the third quarter of last year. Profit excluding a number of balance sheet items ...

25.10.2018 10:01:04

STMicroelectronics shares fell due to lower demand for chips in China

Franco-Italian chip maker STMicroelectronics, which supply Apple and Tesla, increased its operating profit by 38% in the third quarter to $398 million, finversia.ru writes, citing company reporting. Net quarterly revenue was $2 billion 520 ...

25.10.2018 10:01:04

The profitability of American companies falls

US companies are optimistic about the year 2018, but now, against the background of trade wars, their profitability has begun to fall. And although the growth in the profitability of the S&P 500 index companies in the third quarter was ...

25.10.2018 09:01:03

Global tariffs can rise to 15-year highs, according to UBS

UBS expects global tariffs to rise to maximum values in about 15 years amid escalating trade wars and the absence of an agreement after Brexit, MarketWatch reports. Bank experts believe that the impact of these factors may increase the average ...

25.10.2018 09:01:03

The growth of the US trade deficit with China from 2001 to 2017 led to the loss of 3,400,000 jobs in the US

The trade deficit of the USA with China for the period from the entry of China into the World Trade Organization in 2001 to 2017 has grown significantly. This caused the loss of 3,400,000 jobs in the United States. Losses in the manufacturing ...

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