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Equinor third quarter 2019 results

1 min ago NAMEX Comments Off on Equinor third quarter 2019 results
Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 2.59 billion and USD 1.08 billion after tax in the third quarter of 2019. IFRS net operating income was negative USD 0.47 billion and the IFRS net income was negative USD 1.11 billion, following net impairments of USD 2.79 billion mainly due to more cautious Read More

Asian shares edge up as earnings, geopolitics sway sentiment

27 mins ago NAMEX Comments Off on Asian shares edge up as earnings, geopolitics sway sentiment
SYDNEY (Reuters) – Asian shares pulled ahead on Thursday as corporate earnings and a ceasefire in northern Syria helped prop up sentiment, though the backdrop of trade and brexit uncertainties was enough to prevent a decisive shift towards riskier assets. FILE PHOTO: Pedestrians are reflected in a window in front of a board displaying stock Read More

Morning News Call – India, October 24

1 hour ago NAMEX Comments Off on Morning News Call – India, October 24
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH No major events are scheduled for the day. INDIA TOP NEWS • India announces $8 billion plan to revive loss-making state telecoms firms India announced an Read More

Asian shares edge up; investors anxious over earnings, Brexit

2 hours ago NAMEX Comments Off on Asian shares edge up; investors anxious over earnings, Brexit
SYDNEY (Reuters) – Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit uncertainties kept overall sentiment in check. FILE PHOTO: Passersby are reflected on a screen displaying graphs of market indices outside a brokerage in Tokyo, Japan, August Read More

RPT-FOCUS-Teva’s proposed opioid settlement could cost drugmaker pennies on the dollar

4 hours ago NAMEX Comments Off on RPT-FOCUS-Teva’s proposed opioid settlement could cost drugmaker pennies on the dollar
NEW YORK/BOSTON (Reuters) – Teva Pharmaceutical Industries Ltd’s proposed $23 billion drug giveaway to settle thousands of U.S. opioid lawsuits will likely cost the company a fraction of that figure due to how it has valued those medicines, according to a Reuters review of pricing data and industry analysts. FILE PHOTO: The logo of Teva Read More

Microsoft forecasts cloud sales above expectations

4 hours ago NAMEX Comments Off on Microsoft forecasts cloud sales above expectations
(Reuters) – Microsoft Corp (MSFT.O) on Wednesday forecast sales for its cloud computing services that topped analysts’ estimates, even as quarterly growth slows for its Azure business. FILE PHOTO: An employee uses an augmented reality headset at Microsoft’s new Oxford Circus store ahead of its opening in London, Britain July 9, 2019. REUTERS/Simon Dawson Microsoft Read More

WeWork’s new chairman defends payouts to founder, says company will survive

6 hours ago NAMEX Comments Off on WeWork’s new chairman defends payouts to founder, says company will survive
(Reuters) – WeWork’s new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company’s founder Adam Neumann and said there is now “zero risk of the company going bankrupt,” according to an audio recording of a meeting he held with employees that was reviewed by Reuters. FILE PHOTO: A WeWork logo is Read More

Huawei exposure roils Xilinx’s revenue forecast

6 hours ago NAMEX Comments Off on Huawei exposure roils Xilinx’s revenue forecast
(Reuters) – Xilinx Inc (XLNX.O) on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a prolonged U.S.-China trade dispute on its business. FILE PHOTO: A Xilinx sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Read More

Range Announces Third Quarter 2019 Results

8 hours ago NAMEX Comments Off on Range Announces Third Quarter 2019 Results
FORT WORTH, Texas, Oct. 23, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2019 financial results. Highlights – Sold 2.5% overriding royalty in southwest Appalachia leases for gross proceeds of $750 million Total asset sales of approximately $1.1 billion in the last 12 months Increased credit facility commitment from Read More

GLOBAL MARKETS-Sterling edges up as EU considers Brexit request; stocks flat

9 hours ago NAMEX Comments Off on GLOBAL MARKETS-Sterling edges up as EU considers Brexit request; stocks flat
NEW YORK (Reuters) – World stock indexes were flat to lower on Wednesday with a disappointing forecast from Texas Instruments dragging down chipmaker shares, while the British pound inched up as European Union leaders consider London’s request for a Brexit delay. An index of semiconductor shares .SOX was down more than 2%. Apple (AAPL.O) shares Read More