28 July

Sticky

Microsoft sees steady cloud growth after record quarterly profit By Reuters

Posted by admin

in News

By Akanksha Rana and Julia Love (Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services. Shares ticked up 0.7% after Microsoft (NASDAQ:MSFT) projected that growth in its Azure cloud computing business will continue apace following a quarter in which sales climbed 51%. Overall revenue rose 21% to $46.2 billion, beating analysts' consensus by about $2 billion, according to IBES data from Refinitiv. The...

28 July

0 Comments

Sticky

Unfazed by global exit talk, BOJ policymakers confirm need to keep stimulus By Reuters

Posted by admin

in News

By Leika Kihara TOKYO (Reuters) - Bank of Japan policymakers appeared undeterred by increasing global debate on withdrawing crisis-mode stimulus, with some calling for the need to avoid a premature tightening of monetary policy, a summary of their debate at the July meeting showed. Stronger-than-expected inflation has taken centre stage in the policy debate among major central banks including the Federal Reserve, sparking market expectations of a gradual but steady exit from coronavirus pandemic-relief measures. With Japan's economy still reeling from the pandemic, the BOJ must sustain its ultra-loose policy, one board member was quoted as...

28 July

0 Comments

Sticky

Asia shares sit at 2021 lows ahead of Fed verdict, China steadies By Reuters

Posted by admin

in News

By Alun John HONG KONG (Reuters) - Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets, while currency markets were quiet with traders wary of placing large bets prior to the outcome of a Federal Reserve meeting. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31% in morning trading. Markets in Hong Kong and mainland China stabilised after a sharp sell-off in the previous session, balancing declines elsewhere in Asia. Asian shares have fallen in each of the three previous sessions as regulatory crackdowns...

28 July

0 Comments

Sticky

AMD Earnings, Revenue beat in Q2 By Investing.com

Posted by admin

in News

AMD reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. AMD announced earnings per share of $0.63 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.5414 on revenue of $3.62B. AMD shares are up 10% from the beginning of the year and are trading at $91.41 , down-from-52-week-high.They are under-performing the Dow Jones which is up 14.55% from the start of the year. AMD shares gained 0.42% in after-hours trade the report. AMD follows other major Information Technology sector earnings this month AMD's report...

28 July

0 Comments

Sticky

Visa A Earnings, Revenue beat in Q3 By Investing.com

Posted by admin

in News

Visa (NYSE:V) A reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Visa A announced earnings per share of $1.49 on revenue of $6.13B. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $5.85B. Visa A shares are up 14% from the beginning of the year and are trading at $248.00 , down-from-52-week-high.They are under-performing the Dow Jones which is up 14.55% from the start of the year. Visa A shares lost 1.17% in after-hours trade the report. Visa A follows other major Information Technology sector...

28 July

0 Comments

Sticky

Russian billionaires vs British writer: court battle begins over Putin book By Reuters

Posted by admin

in News

LONDON (Reuters) - England's High Court will begin hearing arguments on Wednesday from lawyers for four Russian billionaires including Chelsea FC owner Roman Abramovich and state-owned oil firm Rosneft about a book on President Vladimir Putin which they say defames them. In the 2020 book, British journalist Catherine Belton chronicles Putin's rise to power and how many of his associates from the former Soviet spy services rose to positions of wealth and influence after he won the top Kremlin job in 1999. Lawyers for the businessmen will tell the court that passages in the book "Putin's...

28 July

0 Comments

Sticky

Visa profit jumps as vaccinations boost spending By Reuters

Posted by admin

in News

(Reuters) -Visa Inc reported a rise in quarterly profit on Tuesday as global vaccination drives gathered pace, fueling consumer spending and boosting volumes for the world's largest payment processor. Payment companies are seeing an uptick in volumes from the coronavirus-induced slump as massive government stimulus and speedy vaccine rollouts fuel an economic recovery, unleashing pent-up demand for both goods and services. Payment volumes at Visa (NYSE:V) jumped 34% on a constant dollar basis in the third quarter ended June 30 from a year earlier. Net income rose to $2.58 billion, or $1.18 per Class...

28 July

0 Comments

Sticky

Google parent Alphabet reaches record quarterly revenue, profit in ad boom By Reuters

Posted by admin

in News

By Sheila Dang and Nivedita Balu (Reuters) -Google parent Alphabet (NASDAQ:GOOGL) Inc's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online. Shares of Alphabet rose 5% in extended trading as it reported results that were a beat in both financial metrics. Shares of Facebook (NASDAQ:FB), Google's rival in web ad sales, which reports its own results on Wednesday, rose 1.3%. The digital ad market is booming, with consumers shifting to shopping largely online because of the coronavirus pandemic, leading...

28 July

0 Comments

Sticky

UPS shares hit three-month low on worries e-commerce is cooling By Reuters

Posted by admin

in News

By Lisa Baertlein and Sanjana Shivdas (Reuters) -United Parcel Service Inc shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled e-commerce boom may be fading. The company said second-quarter domestic volume fell 2.9%, with ground - composed largely of e-commerce deliveries - dropping 4% versus the year earlier. "Investors are likely reading this as an indication the pandemic-driven demand trend is slowing," Cowen Research analyst Helane Becker said in a client note. The stock was down 9.3% at $190.32 in midday trading, its lowest price since late April....

27 July

0 Comments

Sticky

Raytheon Jumps After Another Revision to Its Outlook By Investing.com

Posted by admin

in News

By Dhirendra Tripathi Investing.com – Raytheon (NYSE:RTN) stock (NYSE:RTX) rose more than 3% Tuesday as the defense and aerospace contractor revised its outlook again. The improved forecast came after the company reported strong earnings in the second quarter, driven by recovery in the commercial air traffic market that resulted in higher fleet hours, better fleet utilization and more deliveries. The company now sees sales between $64.4 billion-$65.4 billion and adjusted earnings per share in the range of $3.85-$4. It also sees higher free cash flows of $4.5 billion to $5 billion. The company also projects more...

Меню

Microsoft sees steady cloud growth after record quarterly profit By Reuters

Unfazed by global exit talk, BOJ policymakers confirm need to keep stimulus By Reuters

Asia shares sit at 2021 lows ahead of Fed verdict, China steadies By Reuters

AMD Earnings, Revenue beat in Q2 By Investing.com

Visa A Earnings, Revenue beat in Q3 By Investing.com

Russian billionaires vs British writer: court battle begins over Putin book By Reuters

Visa profit jumps as vaccinations boost spending By Reuters

Google parent Alphabet reaches record quarterly revenue, profit in ad boom By Reuters

UPS shares hit three-month low on worries e-commerce is cooling By Reuters

Raytheon Jumps After Another Revision to Its Outlook By Investing.com

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV