The company has been hit more than once by the coordinated attack and the Department of Homeland Security is now looking into the situation. This is something that’s hard for investors to prepare for, it […]
China’s yuan fell 0.2% against the US dollar in Shanghai trading Thursday, taking it to its lowest level in six years after the People’s Bank of China made the biggest cut in the currency’s reference […]
Morgan Stanley (NYSE:MS) stands to collect $120M if Bayer (OTCPK:BAYRY) closes its $57B takeover of Monsanto (NYSE:MON), which would be the second-largest deal fee for a single bank on record. The payout is a bright […]
Ericsson’s shares were -4.7% premarket after the telecom-network provider reported a Q3 net loss of 233M kronor ($26M), more than double estimates of 112M kronor. Last year the company made a profit of 3.1B kronor. […]
Daimler’s Q3 net profit climbed 8.8% to €2.595B, boosted by strong sales of the German car company’s new Mercedes-Benz E-class models and sport-utility vehicles. Daimler’s (OTCPK:DDAIF) revenues grew 4% to €38.6B, pretty much as expected, […]
SAP’s Q3 adjusted operating profit rose 1% to €1.64B as revenue climbed 8% to €5.4B and topped forecasts of €5.3B. SAP (NYSE:SAP) obtained over 400 new customers for its flagship S/4 Hana cloud platform, with […]
Microsoft’s shares climbed 5.4% premarket and topped the stock’s all-time high of $59.56 after its FQ1 earnings exceeded expectations and sales of its cloud platform Azure more than doubled. EPS came in at $0.76 while […]
A strong US dollar pushed down stocks in early trading today. At 10 a.m. Eastern, the Dow Jones industrial average was down 91 points, the Nasdaq composite was down 7 points and the Standard & […]
Slack’s growth has slowed over the past five months to about half what it had been but still was about 33% in the latest period. Daily active users total 4 million, and paid users are […]
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