Market News
Chinese stockpiling might pull Alcoa Corp fourth-quarter earnings down
American industrial giant Alcoa Corp (AA) is expected to post its fourth-quarter results after the market closes on Wednesday, Jan.…
Earnings preview: Strong Q4 results might lift UnitedHealth Group’s stock
UnitedHealth Group (UNH) is scheduled to report fourth-quarter 2018 earnings results on Tuesday, January 15. Analysts expect the company to…
Newmont to acquire Goldcorp for $10 billion to create gold mining giant
Newmont Mining Corporation (NEM) agreed to acquire Goldcorp Inc. (GG) for $10 billion in an all-stock deal, which is expected…
Shaw Communications stock jumps on upbeat Q1 earnings
Shaw Communications Inc. (SJR) reported a 68.5% jump in earnings for the first quarter helped by continued growth in Wireless,…
Huawei remains in spotlight, but for all the wrong reasons
It seems there is no end in sight for the controversies surrounding Chinese tech company Huawei. While security agencies for…
Companies reporting earnings this week: Jan 14 – 18
A slew of major companies are reporting earnings this week. The third largest US bank, Citigroup (C) will announce fourth-quarter…
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook…
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares…
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time…
Accenture chief executive Pierre Nanterme resigns on health grounds
Accenture’s (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David…