newszine

Factbox: How NBCUniversal’s Peacock streaming service stacks up against others

41 mins ago NAMEX Comments Off on Factbox: How NBCUniversal’s Peacock streaming service stacks up against others
(Reuters) – Comcast Corp’s NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field. FILE PHOTO: The NBC and Comcast logo are displayed on top of 30 Rockefeller Plaza, formerly known as the GE building, in midtown Read More

Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

41 mins ago NAMEX Comments Off on Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO
SAN FRANCISCO (Reuters) – Eli Lilly and Co (LLY.N) aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as the U.S. drugmaker looks to build up its pipeline of future products. FILE PHOTO: Josh Smiley, senior vice president and chief financial officer for Read More

Comcast bets ads work on streaming TV, plans Peacock debut for April

42 mins ago NAMEX Comments Off on Comcast bets ads work on streaming TV, plans Peacock debut for April
NEW YORK (Reuters) – Comcast Corp-owned NBCUniversal’s new Peacock service will offer free and $5-per-month options that include advertising to try to win customers for its belated entry into the streaming video wars, the company announced on Thursday. Customers who want to avoid all advertising can pay $10 per month, NBCUniversal said in a statement Read More

Alphabet public market capitalization tops $1 trillion

3 hours ago NAMEX Comments Off on Alphabet public market capitalization tops $1 trillion
FILE PHOTO: The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake NEW YORK (Reuters) – The public market capitalization of Google parent Alphabet topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the Read More

S&P 500 blasts through 3,300 as tech stocks surge

3 hours ago NAMEX Comments Off on S&P 500 blasts through 3,300 as tech stocks surge
(Reuters) – The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled by tech stocks, solid retail sales data and upbeat quarterly earnings from Morgan Stanley. Morgan Stanley (MS.N) jumped 6.6% to lead the S&P 500 after it beat Read More

U.S. Senate passes North America trade deal, Canada still to approve

3 hours ago NAMEX Comments Off on U.S. Senate passes North America trade deal, Canada still to approve
WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation to implement the U.S.-Mexico-Canada Agreement passed on an 89-10 bipartisan vote, sending the measure Read More

Morgan Stanley shares soar after Gorman boosts performance targets

6 hours ago NAMEX Comments Off on Morgan Stanley shares soar after Gorman boosts performance targets
(Reuters) – Morgan Stanley (MS.N) lifted its performance goals on Thursday after beating Wall Street estimates by a wide margin, the latest sign that Chief Executive James Gorman’s strategic vision for the bank is bearing fruit. FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Read More

Mexico hails USMCA trade deal approval, expects more investment

6 hours ago NAMEX Comments Off on Mexico hails USMCA trade deal approval, expects more investment
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday hailed the U.S. Senate’s approval of the United States-Mexico-Canada Agreement (USMCA) trade deal, forecasting it would deliver a boost to the Mexican economy. “It’s good news because this agreement will generate confidence in Mexico for the arrival of investment, for companies to set Read More

U.S. Senate passes new North American trade deal

6 hours ago NAMEX Comments Off on U.S. Senate passes new North American trade deal
FILE PHOTO: Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018. REUTERS/Rebecca Cook WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion Read More

Hot data keeps stocks up after trade deal

10 hours ago NAMEX Comments Off on Hot data keeps stocks up after trade deal
LONDON (Reuters) – World stocks held near record highs on Thursday as some encouraging U.S. data ensured there was no post U.S.-China trade deal hangover for global markets. After the previous day’s excitement the moves among the asset classes were mostly incremental, but there was still some energy left. Reassuring U.S. retail sales data and Read More