Research Market strategy
by Swissquote Analysts
Walmart Inc. said sales rose in the second quarter and it raised its profit forecasts for the year, extending the retail giant's multiyear streak of growth as it takes market share from struggling competitors and expands online. Sales at U.S. stores and websites operating at least 12 months grew...
16.08.2019
Quarterly results at Cisco Systems Inc. beat Wall Street's revenue and adjusted profit projections, but the networking-equipment giant gave a disappointing forecast for the current quarter. Shares fell 6.6% to $47.10 in after-hours trading.Profit for the quarter ended July 27 fell 42% to $2.21...
15.08.2019
Boeing Co. said it delivered fewer planes in the first seven months of 2019 than a year ago - falling further behind rival Airbus SE - as the impact of grounding the 737 MAX jetliner weighs on the U.S. plane maker. Chicago-based Boeing delivered 258 planes this year through July, down from 417...
14.08.2019
Argentina's currency and stocks plunged amid investor concerns about the possible return to power of the country's populist Peronist movement, which advocates greater state control of the economy and opposes a landmark trade deal with the European Union. The peso initially weakened more than 30%...
13.08.2019
Saudi Arabia's state oil company is revving up plans for an initial public offering and accelerating the timeline for what would be the world's biggest listing to as soon as early next year, according to people familiar with the discussions. The IPO of state-owned Saudi Arabian Oil Co., known as...
12.08.2019
Uber Technologies Inc. recorded its largest-ever quarterly loss as it was weighed down by heavy competition in Latin America and elsewhere, as well as a big expense related to its initial public offering. Revenue at the ride-hailing company climbed 14% to $3.17 billion in the second quarter, its...
09.08.2019
China's exports rose unexpectedly in July from a year earlier, despite the intensifying trade disputes with the U.S. that have dented market demand and soured confidence. China's exports rose 3.3% on year last month, reversing a 1.3% decline in June, data from the General Administration of...
08.08.2019
The Food and Drug Administration said "data manipulation" took place during company studies of Zolgensma, the world's most expensive drug, but officials said the gene-therapy product still should stay on the market. The medicine, which costs in the range of $2.1 million for a one-time infusion,...
07.08.2019
HSBC Holdings PLC plans to slash thousands of jobs and slow investment spending after the surprise ouster of Chief Executive John Flint. Up to 2% of the bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as HSBC flagged a worsening outlook for the global economy in its...
06.08.2019
Topic of the day Profit and revenue fell at Exxon Mobil Corp. in the latest quarter, while upstream liquids production increased, driven by growth in the Permian Basin. The Irving, Texas-based oil company reported Friday a second-quarter profit of $3.13 billion, or 73 cents a share, down from $3...
05.08.2019
 
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