Recent Posts - page 620

• Amazon Profits $1bn/Month, Wants To Speed Up Delivery

  By admin2 on April 28, 2019 • ( 0 )

  

  In the first quarter of the current year, Amazon.com made a profit of more than $1bn a month, the company has announced. Against a sale of $59.7bn, the company made a profit of $3.6bn for the three months ending 31… Read More ›

• Zurich Insurance to pay $5.1 million to U.S. in tax evasion case

  By admin1 on April 26, 2019 • ( 0 )

  

  The development underscores U.S. due diligence on recovering tax dues by its citizens. Nowhere to run, nowhere to hide from U.S. tax authorities. In a significant development, the U.S. Department of Justice (DOJ) stated, Zurich Insurance will pay a penalty… Read More ›

• Citron Research no longer holds any position Tesla’s stock

  By admin1 on April 26, 2019 • ( 0 )

  

  Citron Research, has since long shorted Tesla’s stock. Wonder what has trigerred this change in its strategy. How did Musk make Tesla’s stock expensive for short sellers? Million dollar question. Citron Research Founder Andrew Left stated, he no longer holds… Read More ›

• SAS pilots go on strike following breakdown in talks

  By admin1 on April 26, 2019 • ( 0 )

  

  More than 70k passengers have been affected due to cancelled or delayed flights across Europe as 1,400 pilots have gone on strike over over a wage row as well as the predictability of their shift patterns. On Friday, as per… Read More ›

• 5G Supply Failure Pushes Nokia To A Surprise Quarterly Loss

  By admin2 on April 25, 2019 • ( 0 )

  

  The failure of being able to deliver 5G telecoms equipment in time was the primary factors for a surprise quarterly loss for Finland’s Nokia, the company announced and added that the there was pressure on the company to make investment… Read More ›

• Apple To Have Disappointing iPhone Sale In 2019: Goldman Sachs

  By admin2 on April 25, 2019 • ( 0 )

  

  US tech giant Apple Inc would not be able to meet up with expectations of the Wall Street in terms of its iPhone shipments in late 2019, said Goldman Sachs in a report. The market expects that the iPhone maker… Read More ›

• Swedbanks admits to money laundering

  By admin1 on April 25, 2019 • ( 0 )

  

  Investors are concerned over the involvement of U.S. authorities. A U.S. sanction on the bank could significantly hamper its ability to transact in the U.S. dollar. On Thursday, in a significant development that adds pressure to the business environment in… Read More ›

• Merger between Deutsche Bank & Commerzbank called off citing risks

  By admin1 on April 25, 2019 • ( 0 )

  

  Both banks have cited growing risks which impact synergy as reasons for calling off the merger. On Thursday, Deutsche Bank and Commerzbank stated, they have ended their merge talks. The announcement has cited restructuring costs, execution risks, and capital requirements,… Read More ›

• Harley Davidson Blames EU Tariffs For Drop In Profits, Trump Backs Harley

  By admin2 on April 24, 2019 • ( 0 )

  

  United States president Donald Trump has stood out in support of Harley Davidson motorbike maker by pledging to reciprocate against the so called “unfair” trade import duties imposed on the bikes of the company by the European Union The US… Read More ›

• Why Are American Cars Not Successful In Japan

  By admin2 on April 24, 2019 • ( 0 )

  

  Japanese car brands such as Toyota, Nissan, and Honda are known to dominate the US market while the home grown brand fail to achieve similar standards. And on the converse, very few American made brand cars can be seen on… Read More ›

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