Pepsi blames global macro concerns for weak outlook; shares fall The company said it expected organic sales growth of 3 percent this year, slower than the 3.6 percent in 2016. "I think our 3 percent revenue guidance reflects just a cautious outlook toward the macros globally, as well as a reflection of what is a [...]
Toshiba shares slide after it says could sell more of chip business Shares in Toshiba Corp tumbled on Wednesday after the conglomerate said it would book a $ 6.3 billion hit to its U.S. nuclear unit and may sell more of its prized flash-memory chip business than planned to urgently raise funds. Scrambling for capital, [...]
Berkshire takes huge bite of Apple shares, ups stakes in airlines NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, disclosing significant increases in its stakes in Apple Inc and in the four biggest U.S. airlines.
Asia shares notch 19-month highs, dollar firm By Wayne Cole SYDNEY (Reuters) – Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States lifted the dollar, bond yields and Wall Street stocks. The dollar was also bolstered by speculation the head of the Federal Reserve would underline [...]
Yen slips after Trump-Abe meet, Asian shares firm By Hideyuki Sano TOKYO (Reuters) – The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. Asian [...]
Dollar gains after Trump-Abe meet, Asian shares firm The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. Asian stocks ticked up, helped by renewed [...]
Asian shares probe 18-month highs, cheered by Trump’s tax cut talk Asian shares were close to 18-month highs on Friday, tracking a rally on Wall Street after U.S. President Donald Trump promised to unveil a major tax announcement to lower the burden on businesses. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 [...]
Twitter reports slowest quarterly revenue growth, shares slump The company's shares fell as much as 10 percent to $ 16.81 in premarket trading. Revenue from advertising declined year-over-year to $ 638 million, and the company warned that ad revenue growth would continue to lag audience growth during 2017.
Asia shares down, euro pressured on Trump, European political woes By Hideyuki Sano TOKYO (Reuters) – Asian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence. MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.2 [...]
Asia shares track Wall Street higher, dollar becalmed SYDNEY (Reuters) – Asian shares edged ahead on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled by a lack of progress on U.S. fiscal stimulus.