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Monday, August 20, 2018
Home Depot is set to report second-quarter earnings before the bell on Tuesday. Here's what Wall Street is expecting, based on a survey of analysts by Thomson Reuters: Earnings per share: $2.84Revenue: $30.03 billionSame-store sales: an increase of 6.6 percent Home Depot is...
Here are some of the highlights for the second quarter: Net income: 647 million Swiss francs ($655 million)Net revenues: 5.6 billion Swiss francs ($5.57 billion)CET1 ratio: 12.8 percentTidjane Thiam, chief executive officer of Credit Suisse, said the second quarter of 2018 "was a period of...
Caterpillar reported record second-quarter earnings per share Monday and bumped up its full-year forecast. The big machinery exporter also said it would offset a sizable second-half profit hit from the tariffs by raising prices. "Caterpillar delivered record second-quarter profit per share," CEO Jim Umpleby said in a statement. "Based...
China is preparing to retaliate in the escalating trade war with tariffs on about $60 billion worth of U.S. goods. The import taxes would range in rates from 5 percent to 25 percent, China's Ministry of Commerce said in a release on its website. There are four lists of...
Live sports subscription platform DAZN announced this week a nine-figure, multi-year deal with MMA promoter Bellator to stream all 22 Bellator fights per year on DAZN, including seven exclusively on DAZN.The news came just one month after DAZN cut a $1 billion deal with British boxing promoter Eddie...
U.S. markets reopen on Thursday following the July 4th holiday. And some investors and traders may actually return to the markets.Despite the holiday, it’s jobs week in America. Thursday comes with the ADP private payrolls report and the weekly jobless claims report before the market opens. After the...
The global environment is turning more hostile towards emerging markets. Indonesia cannot escape its consequences but can contain them. An environment of rising bond yields, a stronger US dollar, elevated oil prices, and an ever more complicated geopolitical scene is not a kind...
Singapore said Sunday it spent Sg$16.3 million ($12 million) on the historic US-North Korea summit, adding it was less than initially anticipated after some in the city-state complained about the high cost.US President Donald Trump and the North's leader Kim Jong Un met in Singapore on June 12...
After fantastic performances in 2016 and 2017, the financial sector has been a laggard so far in 2018. Despite a 5% rise in the S&P 500, the financial sector has fallen by about 1.4%. Perhaps the major banking industry catalysts such as tax reform and rising interest rates...
The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 2,750 to 220,500 last week. The claims data covered the survey week for the nonfarm payrolls component of July's employment report. The four-week...

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