MEXICO CITY — Mexico chalked up its 16th consecutive quarter of economic growth in the April-to-June period as strong services output compensated for sluggish industrial production.
Gross domestic product, a measure of output in goods and services, expanded 0.6% seasonally adjusted from the first quarter and was up 1.8% from a year before, the National Statistics Institute said Tuesday.
PayPal Holdings Inc. (NASDAQ: PYPL) released third-quarter earnings report after markets closed on Thursday. The company said that it had $0.35 in in earnings per share (EPS) and $2.67 billion in revenue. There were consensus estimates from Thomson Reuters that called for $0.35 in EPS on $2.65 billion in revenue. The same period from last year had $0.31 in EPS on $2.26 billion in revenue.
I have been catching up on market news after a nice long vacation down under and came across Pacific Crest’s cloud picks for 2017. SA News headline here. This included several well known names like Microsoft (NASDAQ: MSFT), Adobe (NASDAQ: ADBE), etc., and a few others not many may know about. What I find crazy about this and several other such sector plays is how people decide to group companies.....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
The intensifying price war among incumbents in the global ETF industry and the continuing trend of investors shifting cash from actively-managed funds to low-cost funds had a notable impact on BlackRock’s results for the first quarter of the year – resulting in lower-than-expected revenues for the quarter. The asset management giant managed to report an earnings beat, though, thanks....More>>>
Ultra-low cost carrier Frontier Airlines is doubling in size.
The expansion, announced Tuesday, will add 21 new cities and 85 new routes to the airline’s network. By the summer of 2018, Frontier will operate 314 non-stop flights. That’s double what it flies today.
“These new flights will allow us to serve even more of America and make flying a truly affordable....More>>>
U.S. Treasuries suffered their worst month since 2009 as investors fret President-elect Donald Trump’s policies will spell bad news for debt investors and also brace for hikes in short-term interest rates by the Federal Reserve.
The SPDR Bloomberg Barclays Aggregate Bond fund, which tracks the broad bond market, has dropped 2.7% this month in its worst monthly performance since the....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins