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by Swissquote Analysts
Compagnie Financiere Richemont SA (CFR.EB) said Friday that net profit soared in the first half of fiscal 2019 on the back of a one-off gain from the revaluation of YNAP shares. Richemont's first-half net profit rose to 2.25 billion euros ($2.57 billion) from EUR974 million during the same...
12.11.2018
The Federal Reserve held short-term interest rates steady Thursday and offered a mostly upbeat assessment of the economy's performance, suggesting another rate increase is likely at its next meeting. The Fed repeatedly emphasized the economy's strength in a statement released after its two-day...
09.11.2018
Qualcomm Inc. shares rose in the extended session Wednesday after the chipmaker topped Wall Street estimates for the quarter. Qualcomm shares rose 2.4% after hours, following a 0.7% decline to close the regular session at $63.21. The company reported a fiscal fourth-quarter loss of $493 million,...
08.11.2018
Credit Agricole SA's net profit rose in the third quarter thanks to profit growth across most of its business divisions, it said Wednesday. Net profit for the period rose 3.2% to 1.10 billion euros ($1.26 billion). Excluding exceptional items, underlying net income rose 17% on year to EUR1.13...
07.11.2018
Iran's leaders lashed out at Washington as the Trump administration raised economic sanctions to their maximum level, saying the latest punitive measures called for measures to pressure the U.S. in return. The acrimony pointed to a sharp elevation of tensions between Washington and Tehran as the...
06.11.2018
Ford Motor Co. and Volkswagen AG are in talks to create a joint self-driving car venture, people familiar with the matter said, aligning two of the world’s largest auto makers in the industry’s race to reshape the future of transportation. The two companies are considering various options on how...
05.11.2018
Apple Inc. reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and strong app-store sales propelled the technology giant to its best year ever. Revenue for the three months ended Sept. 29, the final fiscal quarter, rose nearly 20% to ...
02.11.2018
GlaxoSmithKline PLC (GSK.LN) said Wednesday that third-quarter net profit rose 17% and revised its full-year outlook toward the upper end of its forecasted range on the back of a strong performance of its shingles vaccine. The company said net profit for the three months to Sept. 30 was 1.42...
01.11.2018
L'Oreal SA (OR.FR) said Tuesday that sales in the third-quarter rose due to strong performances across its Luxe and Active Cosmetics divisions. The French cosmetics and consumer-products company said sales for the period were 6.47 billion euros ($7.37 billion) compared with EUR6.01 billion the...
31.10.2018
The U.K. will introduce a new tax that targets large technology companies, starting in 2020, treasury chief Philip Hammond said Monday, setting the country on a path to become the first developed economy to do so. The announcement comes as dozens of countries are contemplating new levies on...
30.10.2018
 
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