Archive For The “Latest News” Category

Intel Posts Increase In Profit, Revenue — WSJ – Fox Business

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This article was originally published on this site This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 28, 2017). Continue Reading Below Intel Corp. reported a surge in quarterly profit and raised its earnings forecast in…

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Exercises with stock options of Nokia Corporation – Nasdaq

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This article was originally published on this site Nokia Corporation Stock Exchange Release July 28, 2017 at 9:05 (CET +1) Exercises with stock options of Nokia Corporation Espoo, Finland – Based on Nokia Corporation’s 2011 Stock Option Plan a total of 5 250 Nokia shares were subscribed for between June 27 and July 24, 2017. The…

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Wells Fargo to refund $80 million to customers hit by car loan insurance – Reuters

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This article was originally published on this site (Reuters) – Wells Fargo and Co said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance (CPI) policies. Wells Fargo has been engulfed in scandal since September, when it reached a $190…

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Tesla's Model 3 Is a Long Way from Elon Musk's Grand Goal – MIT Technology Review

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This article was originally published on this site Eleven years ago, Elon Musk laid out a grandiose, three-point plan for a niche electric car startup known as Tesla Motors. The company would deliver three vehicles at successively lower prices, funneling cash from sales of its sports car and luxury sedan back into research and development,…

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Wells Fargo to compensate car loan customers forced to buy auto insurance – CNBC

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This article was originally published on this site Wells Fargo said on Thursday that it would compensate around 570,000 customers with car loans who were harmed by being forced to buy auto insurance. The bank estimated the total cost at around $80 million. Auto-loan contracts require customers to have comprehensive insurance for potential damage, and…

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Asia Stocks, US Futures Tumble on Tech Selloff: Markets Wrap – Bloomberg

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Asia Stocks, US Futures Tumble on Tech Selloff: Markets Wrap – Bloomberg

This article was originally published on this site Start your day with what’s moving markets in Asia. Sign up here to receive our newsletter. A selloff in technology shares spread to Asia, sending benchmark indexes tumbling from Sydney to Hong Kong as disappointing results from Amazon.com Inc. heightened concerns about corporate earnings. The dollar halted a rebound…

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Profit-Taking Hits Global Stocks – Wall Street Journal (subscription)

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Profit-Taking Hits Global Stocks – Wall Street Journal (subscription)

This article was originally published on this site Asia-Pacific stock markets were hit by profit-taking Friday, after a strong week in the region and a selloff in U.S. tech stocks overnight. Australia and South Korea led losses in the region, with the Kospi poised for its third decline in four sessions. Overnight, U.S. tech stocks…

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Meg Whitman says she will not be Uber CEO (again) – Recode

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This article was originally published on this site Meg Whitman will not be CEO of Uber, she said more definitely tonight via, you guessed it, Twitter. Earlier this week, the Hewlett Packard Enterprise CEO released a statement that said she was committed to staying there. But the noise around Whitman, one of the most high-profile…

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Amazon Profits Fall Far Short of Expectations, but Investors Shrug – New York Times

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This article was originally published on this site By NICK WINGFIELD July 27, 2017 SEATTLE — Investors gave Amazon’s stock a bump early Thursday in anticipation of a strong earnings report later in the day, briefly making Jeff Bezos, the company’s chief executive, the world’s wealthiest person. By day’s end, Mr. Bezos had not returned the favor,…

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Shkreli Lawyer Prepares Flashy Closing, While Government Plays It Straight – New York Times

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This article was originally published on this site By STEPHANIE CLIFFORD July 27, 2017 To the closing arguments in the trial of his client, Martin Shkreli, the lawyer Benjamin Brafman brought a tale about a wild dog and a wagon, a metaphor about himself as a lifeguard, a Texas accent to mimic an investor, a poster that…

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