01 December

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Zoom Q3 Results Beat on Higher Demand; Sees Increased Churn

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By Yasin Ebrahim Investing.com - Zoom Video Communications reported Monday guidance that topped estimates on better-than-expected third-quarter results, but warned of higher churn in the final quarter of the year. Zoom Video Communications Inc (NASDAQ:ZM) fell 5.6%, to $26.98. The company said it expected to see increased churn in the fourth quarter when compared to historic churn levels due to...

01 December

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Cloud costs weigh on Zoom’s growth as sales outlook beats estimates

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By Stephen Nellis and Uday Sampath Kumar (Reuters) - Zoom Video Communications Inc forecast fourth-quarter revenue above expectations on Monday but its gross margins fell and some growth metrics slowed, sending shares down nearly 8% despite booming sales powered by working and learning from home. Zoom's user figures have spiked as a pandemic-induced switch to work from home encouraged more users of...

01 December

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Philip Green’s Arcadia UK fashion group falls into administration

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By James Davey LONDON (Reuters) - British tycoon Philip Green's Arcadia fashion group has collapsed into administration, putting over 13,000 jobs at risk and becoming the country's biggest corporate casualty of the COVID-19 pandemic so far. Deloitte said late on Monday it had been appointed Arcadia's administrator and would seek buyers for the...

30 November

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BoE’s Tenreyro sees little immediate economic boost from COVID-19 vaccine

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By David Milliken and William Schomberg LONDON (Reuters) - Bank of England policymaker Silvana Tenreyro said on Monday that progress in the development of COVID-19 vaccines was only likely to translate into a significant economic boost once they had been widely rolled out in Britain. Tenreyro struck a more cautious line than the BoE's Chief Economist, Andy Haldane, who said last week...

30 November

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Britain rejects calls for inquiry into 1989 Northern Irish murder

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LONDON (Reuters) - The British government on Monday rejected calls to hold a public inquiry into the 1989 murder in Northern Ireland of human rights lawyer Pat Finucane, whose death remains a lightning rod for anger over state collusion with pro-British paramilitaries. Finucane, who represented leading Irish nationalists, was shot dead at his home in front of his wife and three children...

30 November

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Cybersecurity, pharma coordination are big post-pandemic structural themes -LGIM

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By Sujata Rao LONDON (Reuters) - Cybersecurity could be one of the key post-pandemic investment themes in an equity-friendly world of low interest rates and vaccine-led recovery, LGIM CIO Sonja Laud said on Monday. Laud, who oversees 1.2 trillion pounds at Legal & General Investment Management, Britain's biggest asset manager, said the rollout of vaccines and economic recovery would support equities...

30 November

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Facebook nears deal to buy chatbot startup Kustomer – WSJ

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(Reuters) - Facebook Inc (NASDAQ:FB) is close to buying Kustomer in a deal that would value the customer-service and chatbot startup at about $1 billion (750.53 million pounds), the Wall Street Journal reported on Monday, citing people familiar with the matter. (https://on.wsj.com/3odBJ91) ...

30 November

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.57%

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Investing.com – U.K. equities were lower at the close on Monday, as losses in the Automobiles & Parts, Oil & Gas Producers and Banking sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.57%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Experian PLC (LON:EXPN), which rose 3.60% or 93.0...

30 November

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JetBlue Falls as Air Travel Stays Off Our Vacation Lists

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By Christiana Sciaudone Investing.com -- JetBlue Airways Corp (NASDAQ:JBLU) tumbled more than 5% after saying it will likely fly at 45% to 50% capacity in the fourth quarter compared to last year. It's also burning through more cash than expected. The airline had previously expected a decrease of about 45%. Quarterly revenue is set to decrease approximately 70% year-over-year, as compared to the...

30 November

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UK competition watchdog says big companies’ profit margins rising

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LONDON (Reuters) - Profits and price mark-ups are rising at Britain's biggest companies, the competition watchdog said on Monday in a report looking at the state of competition in the economy. "Among the biggest companies in the economy, profits and mark-ups appear to be rising," the Competition and Markets Authority said in a statement. "The biggest firms saw mark-ups increase by 9% over...

Меню

Zoom Q3 Results Beat on Higher Demand; Sees Increased Churn

Cloud costs weigh on Zoom’s growth as sales outlook beats estimates

Philip Green’s Arcadia UK fashion group falls into administration

BoE’s Tenreyro sees little immediate economic boost from COVID-19 vaccine

Britain rejects calls for inquiry into 1989 Northern Irish murder

Cybersecurity, pharma coordination are big post-pandemic structural themes -LGIM

Facebook nears deal to buy chatbot startup Kustomer – WSJ

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.57%

JetBlue Falls as Air Travel Stays Off Our Vacation Lists

UK competition watchdog says big companies’ profit margins rising

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