Posts Tagged ‘stock’

Buyback spree alive in India as state firms join tech companies

By BLOOMBERG
MUMBAI • India Inc is extending a banner year for share buybacks. Seven weeks into 2019, two dozen companies led by technology major ...

Fiat Chrysler shares tumble as CEO disappoints on outlook

By BLOOMBERG
NEW YORK • Fiat Chrysler Automobiles NV plunged as much as 12% on a weaker than expected outlook and disappointing results in its North ...

Fiat Chrysler shares tumble as CEO disappoints on outlook

NEW YORK • Fiat Chrysler Automobiles NV plunged as much as 12% on a weaker than expected outlook and disappointing results in its North American ...

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 ...

India stock investors take cover on worst 2 weeks

By BLOOMBERG
MUMBAI • The best-performing stock market in Asia for much of this year has lost that title in less than a month. As the S&P BSE ...

Nomura fund manager dumps entire Samsung stake before earnings

SEOUL • To protect returns, a top-performing fund manager slashed its Samsung Electronics Co holding.
With growing concerns that the industry has ...

Hong Kong’s hottest new stock back to earth

HONG KONG • Most Kwai Chung Ltd, the media firm that staged Hong Kong’s best 2018 debut, has swung back to its initial offer price following a 90% plunge ...

Tencent looks for a bottom after RM613.5b wipeout

This comes as game revenue growth slows and US-China trade tensions punish wide swaths of the market
by BLOOMBERG HONG KONG • Investors in Tencent ...

KLCI higher at midday amid muted regional markets

by TMR
Malaysia’s KLCI recovered from a flat start to trade in the green at mid-session today, continuing to rally from the 12-month low it ...

Buffett’s Berkshire gains as company lifts cap on stock buybacks

New York • Berkshire Hathaway Inc shares climbed the most in four months after the company signalled that investors may soon get their hands on part of a ...

The Fed should opt for a boring statement

Pic By BLOOMBERG
The US Federal Reserve (Fed) has successfully led financial markets to price in its baseline interest-rate signals for 2018. In ...