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Month: January 2019

Tokyo court denies bail to Renault CEO Carlos Ghosn yet again

On January 22, Tuesday, a court in Tokyo rejected former Nissan boss Carlos Ghosn’s latest request for bail. Shortly after…

Google hit with $57-million fine by France, peers under radar

Google, a business unit of Alphabet Inc. (GOOGL), was handed a fine of $57 million by France’s data-privacy agency, CNIL,…

Intel to report Q4 earnings on Jan 24. What to expect

During the prior 12-month period, the semiconductor industry has suffered a decline of 12%, primarily attributable to the trade war…

Mastercard fined $648 million in EU for anti-competitive practices

The business practices of American credit card companies have been under strict scrutiny in the European Union for a long…

Abbott earnings preview: Pharma, medical devices to drive Q4 results

Healthcare giant Abbott Laboratories (ABT) is expected to post upbeat results for the fourth quarter on Wednesday before the bell,…

Arconic says it’s no longer available for sale; stock nosedives

Arconic Inc (ARNC) announced that the Board has determined to no longer pursue a potential sale of the company as part…

China growth slump pulls down oil prices

On January 22, Tuesday, oil prices slipped more than 1% after signs of economic slowdown in China became evident. This…

Fifth Third misses Q4 earnings estimate

Cincinnati-based bank holding company Fifth Third Bancorp (FITB) reported fourth-quarter net income of 64 cents per share, compared to 70…

Halliburton’s stock dips despite Q4 results beat

Halliburton Company (HAL) surpassed market estimates on both revenue and earnings for the fourth quarter of 2018 but shares fell…

Tesla might use battery from Chinese firm Lishen, indicates new report

With the trade-standoff between China and the United States of America tightening over time, a recent report by Reuters cites…