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Tag: industry


Energy, Industries

Energy Companies Say the Oil Glut—and Shrinking Profits—Aren’t Over Yet

November 4, 2019

Via: Fortune

Over the weekend, Saudi Aramco, the Kingdom’s state oil company announced it will go public at last. But as the latest round of oil industry earnings showed—ExxonMobil, the final major to report third quarter earnings, did so on Friday—Aramco will […]


Energy, Industries

Oil ticks higher but remains headed for weekly loss

November 1, 2019

Via: Market Watch

Oil futures were up slightly Friday, buoyed by an upbeat read on Chinese manufacturing activity, but remain on track for a weekly loss after a rise in U.S. inventories and uncertainty around U.S.-China trade talks. West Texas Intermediate crude for […]


News

Stocks making the biggest moves premarket: Texas Instruments, Beyond Meat, Alphabet & more

September 20, 2019

Via: CNBC

Texas Instruments – Texas Instruments raised its quarterly dividend by 17%. The chipmaker will now pay 90 cents per share, up from the prior 77 cents a share, with the next dividend payable November 18 to stockholders of record on […]


Industries, Manufacturing

Gauge of US manufacturing hits lowest since September 2009, raising concerns about the economy

August 1, 2019

Via: CNBC

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]


Energy, Uncategorized

Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

May 7, 2019

Via: Market Watch

Crude-oil prices dropped on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt demand for the commodity. “Oil prices remain volatile, with concerns a trade war could have reduced demand battling for […]


Finance Tech

How Advanced Automation Generates Higher Profits for Financial Services

December 7, 2018

Via: Aberdeen

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]


News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]


News, Trading, Uncategorized

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

October 18, 2018

Via: CNBC Finance

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]


Industries, Others, Uncategorized

This Is What the Fastest Growing Emerging Economies Have in Common

October 17, 2018

Via: Fortune

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]


Trading

US stock indexes fall further as technology slump continues

October 15, 2018

Via: ABC News

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as […]