Posts Tagged ‘shares’

Shell’s 1Q earnings top estimates as natural gas leads the way

LONDON • Royal Dutch Shell plc’s first-quarter (1Q) earnings beat even the highest analyst estimate as its natural gas business led a strong company-wide ...

GM down as prolonged pickup rollout, China woes erode profit

While investors see warning signs in the numbers, GM executives say they’re still on pace to hit their forecast this year
SOUTHFIELD • General Motors ...

Wells Fargo shares keep sliding on ‘dead money’

NEW YORK • Wells Fargo & Co shares are extending last Friday’s declines in yesterday’s pre-market trading, as analyst downgrades pile on after the bank ...

BMW stock drops on charge for possible EU emissions-cartel fine

PARIS • BMW AG shares fell after the luxury carmaker warned of a charge that may exceed €1 billion (RM4.61 billion) stemming from a European Union (EU) ...

Boeing shares dive after second deadly 737 MAX 8 crash

by REUTERS
Shares of Boeing Co slid 9 percent in early trading on Monday as many airlines grounded the planemaker’s best selling 737 MAX 8 passenger ...

M&S plunges on JV deal with Ocado

The agreement raises questions about the strategy of M&S, will unseat Waitrose as Ocado’s main grocery supply source
by BLOOMBERG LONDON • ...

Softbank’s Son transforms US$5.5b to US$17b overnight

TOKYO • Call it the Masayoshi Son (picture) mathematical distortion eld.
The founder of SoftBank Group Corp added about ¥1.94 trillion (US$17.6 ...

Abu Dhabi’s FAB surges as it seeks more foreign investment

DUBAI • First Abu Dhabi Bank (FAB) PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock.
...

Genting shares gain after Wynn Resorts settlement

Genting is RHB’s top pick for the sector as it is a cheaper proxy to Genting Malaysia and Genting Singapore
by FARA AISYAH / pic by BLOOMBERG GENTING ...

KFH offers to buy Ahli United in share swap deal

KUWAIT • Kuwait Finance House (KFH) offered to buy Bahrain’s Ahli United Bank BSC in a share swap deal, a potential combination that would create the ...

Netflix’s RM184.5b rally sets up earnings showdown this week

SAN FRANCISCO • An explosive rally in shares of Netflix Inc is stoking interest in the streaming company’s financial results due this week, setting up the ...

Xiaomi sinks after shares unlocked for sale

HONG KONG • Many Xiaomi Corp investors, who could only watch as the stock shed US$14 billion (RM57.54 billion) in market value, are now able to join in on ...