Market News - Page 2

Home Depot’s Q2 Earnings Beat Analysts’ Forecasts

Home Depot’s Q2 Earnings Beat Analysts’ Forecasts

US-based home improvement retailer Home Depot published on Tuesday its financial report for the second quarter of the fiscal year 2019, beating analysts’ estimates. The performance has driven the stock price, which gained 4.40% at the close of Tuesday session on the New York Stock Exchange (NYSE).... Read more.

Weekly Market Review - August 12-16

Weekly Market Review - August 12-16

As of late Friday, global stock markets declined over the week as trade tensions and slowing global economy force investors to consider safe-haven ass... Read more.

Saudi Aramco Still World’s Largest Oil Producer Despite 12% Decline

Saudi Aramco Still World’s Largest Oil Producer Despite 12% Decline

The Saudi Arabian Oil Company, shortly called Saudi Aramco, saw its first-half profit tumble 12%. The state-owned company plans to carry out a major i... Read more.

Weekly Market Review - August 5-9

Weekly Market Review - August 5-9

As of late Friday, global equities are relatively on the same level as they were on Monday, recovering from the Tuesday dip. The markets continue to m... Read more.

Adidas Q2 Revenue Fell Short of Expectations

Adidas Q2 Revenue Fell Short of Expectations

German sportswear manufacturer Adidas reported on Thursday its financial results for the second quarter of this year. While the performance was disapp... Read more.

HSBC CEO John Flint Steps Down, Bank Prepares Job Cuts

HSBC CEO John Flint Steps Down, Bank Prepares Job Cuts

London-based banking giant HSBC Holdings announced on Monday, August 5, that CEO John Flint had stepped down. The surprising announcement came out by ... Read more.

Weekly Market Review - July 22-26

Weekly Market Review - July 22-26

As of Friday, July 26, global stock markets were little changed over the week. The rate of the US 10-year bond slightly increased to 2.08% from 2.06%.... Read more.

Nissan to Cut 12,500 Jobs After Worst Quarter in 10yrs

Nissan to Cut 12,500 Jobs After Worst Quarter in 10yrs

Japanese Nissan Motor published on Wednesday its financial performance for the first quarter of the fiscal year 2019. The profits declined more than 9... Read more.

Facebook, Amazon Spend Record Amount For Lobbying

Facebook, Amazon Spend Record Amount For Lobbying

Facebook and Amazon spent record amounts for lobbying in the second quarter of this year, according to Bloomberg. The increase in spending is driven b... Read more.

Hyundai Reports Biggest Net Profit Gain in 7 Years

Hyundai Reports Biggest Net Profit Gain in 7 Years

South Korean carmaker Hyundai Motor published its financial results for the second quarter of this year. The company saw the largest quarterly profit ... Read more.

Weekly Market Review - July 15-19

Weekly Market Review - July 15-19

This week, the US stock market has departed from its record highs as US President Donald Trump warned that he could add more tariffs to Chinese goods ... Read more.

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