Business

Market in ‘earnings void right currently,’ although the idea will bounce back, says investor

Stocks fell Monday with the Dow’s losing streak stretching to several days as trade tensions linger. although investor Doug MacKay told CNBC the idea’s only temporary. “We’re in what I would certainly call an earnings void right currently, which means all the companies via the quarter have passed through earnings,” said MacKay, founder along with CEO of Broadleaf Partners, an ...

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CVX, AAPL, JD, MLNX, UL & more

Check out the companies doing headlines before the bell: Chevron – The energy producer was upgraded to “outperform” by “market perform” at Raymond James, saying Chevron can be positioned better than peers to benefit by higher oil prices. Apple – Apple hired Waymo senior self-driving car engineer Jaime Waydo away by the Alphabet unit, in what’s seen as a sign ...

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China, Middle East are spending on Sudan, nevertheless US policy is actually ‘confused’

Kayhan Ozer | Anadolu Agency | Getty Images Turkish President Recep Tayyip Erdogan (C) as well as Sudanese President Omar Al-Bashir (R) visit in Port Sudan on December 25, 2017. Since the U.S. lifted long-standing sanctions on Sudan last October, foreign investors’ interest has started out to trickle in, an expert on the region has told CNBC. nevertheless the item’s ...

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United Arab Emirates gives Ethiopia $1 billion lifeline to ease foreign exchange crisis

Minasse Wondimu Hailu/Anadolu Agency | Anadolu Agency | Getty Images Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan (L) meets Ethiopian Prime Minister Abiy Ahmed (R) at National Palace in Addis Ababa, Ethiopia on June 15, 2018. The United Arab Emirates (UAE) is usually to deposit $1 billion in Ethiopia’s central bank to ease the latter’s foreign exchange ...

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Lufthansa in contact with Norwegian Air, CEO says

Getty Images Lufthansa airplanes at waiting position on the first of a two-day strike at Frankfurt Airport on November 23, 2016 in Frankfurt, Germany. Lufthansa will be in contact with Norwegian Air Shuttle, also the subject of bid interest by British Airways owner IAG, the German group’s chief executive told a German daily, sending Norwegian’s shares higher. “In Europe, everyone ...

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How to push the agenda

Employee resource groups or inclusion committees can provide an excellent way of educating colleagues along with advancing your company’s diversity agenda, said Gebauer. Increasingly, companies are putting those kinds of networks in place. If your workplace doesn’t have one to suit you, Gebauer suggested collaborating with HR to create one, noting of which such groups are most effective when backed ...

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Siemens wins $2 billion contract to build fresh London Tube trains

Alberto Pezzali | NurPhoto | Getty Images Daily life can be seen on the London Underground stations in London on September 29, 2017. Germany’s Siemens has been awarded a contract worth about £1.5 billion ($2 billion) to design in addition to build 94 fresh generation trains for the Piccadilly Line on London’s metropolitan train network known as the Tube. “The ...

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Foxconn announces North American headquarters in Wisconsin

Taiwanese electronics company Foxconn said This particular might establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building inside city’s downtown area. In a statement, Foxconn said more than 500 people might work at the seven-story building in downtown Milwaukee. The announcement comes almost a year after the company disclosed plans to invest $10 billion ...

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QCOM, T, SD, AAPL, FOXA, ADBE & more

Check out the companies creating headlines before the bell: Qualcomm – Qualcomm’s $44 billion takeover of NXP Semiconductors has not yet been approved by Chinese regulators, according to sources quoted by Reuters. in which runs counter to a prior report in which the deal had, in fact, been approved. AT&T – AT&T completed its acquisition of Time Warner after the ...

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Subscription services are the market’s ‘best secular trend’

Apple may not seem like a subscription-service play, yet the iPhone maker will be carving a space for itself from the subscription economy with its budding razor-razorblade type, Cramer said. “The phones are the razors along with the various subscription services in which you pay for automatically are the blades,” he said. “This specific will be why I’ve been so ...

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