21 April

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Norwegian Cruise Lines Jumps as Goldman Sees It Best-Positioned By Investing.com

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By Christiana Sciaudone Investing.com -- Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) rallied almost 7% after Goldman Sachs (NYSE:GS) upgraded shares to buy from neutral. The company is in a strong position compared to peers, the firm said, increasing the price target by $10 to $37, despite no ships setting sail -- though the U.S. Centers for Disease Control has lifted the prohibition to cruise in favor of a phased approach. “NCLH’s smaller fleet size, greater focus on North American consumers and more limited passengers...

21 April

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Ferrari unveils first details of special edition V12 car based on 812 Superfast By Reuters

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MILAN (Reuters) - Luxury carmaker Ferrari (NYSE:RACE) on Wednesday unveiled initial details of its new supercar, the first of three new models it has promised for the coming months. An aggressive roll-out plan of new models, which was not delayed last year by the COVID-19 pandemic, has been a key part of the company's recent strategy to support growth. Powered by a 830-horsepower engine, the new car will be a limited edition one based on Ferrari's 12-cylinder 812 Superfast model, it said in a statement. Ferrari's limited edition cars, which in the past have been produced...

21 April

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Grubhub Drops as Uber Eats Expands, Deal Price Unchanged By Investing.com

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By Christiana Sciaudone Investing.com -- Grubhub dropped nearly 3% as Uber (NYSE:UBER) Eats said it's moving into Germany. Just Eat (LON:JE) Takeaway, which is buying Grubhub, dominates the German market, according to Bloomberg. Additionally, Just Eat's CEO said on Twitter that the price for the deal has been finalized after Deal Reporter had speculated it could rise. "We welcome competition," Just Eat's CEO Jitse Groen said on Twitter of the new rival. Uber had tried to buy Grubhub last year, but Just Eat won the battle for the delivery platform. The demand for...

21 April

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Russia’s Putin, with election looming, sets out new social support measures By Reuters

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By Gleb Stolyarov and Andrey Ostroukh MOSCOW (Reuters) - Russian President Vladimir Putin announced new social support measures for families with children on Wednesday and hinted at more tax changes, saying the corporate sector was on course for record profits this year. Addressing falling living standards is one of the priorities for Putin before a parliamentary election due in September. The economy shrank 3% last year, its sharpest contraction in 11 years, and inflation hit 5.8% last month, its highest level since 2016. In his annual address to both houses of parliament, Putin said he wanted...

21 April

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Hammerson exits UK retail parks sector with $459 million assets sale to Brookfield By Reuters

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(Reuters) - Hammerson said on Wednesday it sold seven retail parks to Canadian private-equity firm Brookfield Asset Management for 330 million pounds ($459.33 million), marking the mall operator's exit from the UK retail parks sector. British shopping centres are set to be fully operational by mid-May under phased exit plan from coronavirus restrictions, which have kept shoppers at home and led to widespread retail rent deferrals. The divestment will help Hammerson shore up its finances after the UK-headquartered company reported a loss of 1.7 billion pounds for 2020 and issued a longer-term debt warning, as the...

21 April

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Apple Weaker After Launch Event, Despite ‘AirTag’ Welcome By Investing.com

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By Dhirendra Tripathi Investing.com – Apple (NASDAQ:AAPL) shares were a shade weaker in Wednesday’s premarket, hours after the company unveiled its new line-up comprising colorful iMacs and a new iPad Pro hosting its M1 chip. But it was the company’s latest gadget, ‘AirTag’, that caught Raymond James analyst Chris Caso’s fancy, who said it could be “a several billion-dollar revenue opportunity”. AirTag is an accessory that once attached to an item, helps keep track of and locate objects that are prone to being misplaced, the usual keys and wallets. Whether attached to a handbag, keys,...

21 April

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Daimler cuts hours for up to 18,500 workers over chip shortage By Reuters

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By Ilona Wissenbach and Nick Carey BERLIN (Reuters) - Daimler will cut working hours for up to 18,500 employees and temporarily halt production at two plants in Germany due to a shortage of semiconductor chips that has hit global car production, it said on Wednesday. "Currently, there is a worldwide supply shortage of certain semiconductor components," a spokeswoman said. "We continue to play things by ear." "The situation is volatile, so it is not possible to make a forecast about the impact," she added. Daimler, which makes Mercedes-Benz cars, said workers at its plants in...

21 April

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London Bridge station evacuated as police investigate suspicious item By Reuters

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LONDON (Reuters) - London Bridge station in central London was evacuated on Wednesday after police were called to investigate reports of a suspicious item on board a train, British Transport Police said. "Officers were called to London Bridge station at 12.33pm following reports of a suspicious item on board a train," a British Transport Police spokeswoman said. "The station has been closed as a precaution while specialist officers assess the item." Train operators Southern (NYSE:SO) and Southeastern said on Twitter that trains were not stopping at the station, one so London's busiest commuter hubs....

21 April

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Verizon Earnings, Revenue beat in Q1 By Investing.com

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Verizon (NYSE:VZ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Verizon announced earnings per share of $1.31 on revenue of $32.87B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $32.44B. Verizon shares are down 0% from the beginning of the year and are trading at $58.28 , down-from-52-week-high.They are under-performing the Dow Jones which is up 10.5% from the start of the year. Verizon shares lost 0.19% in pre-market trade the report. Verizon follows other major Services sector earnings this month Verizon's report...

21 April

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NextEra Energy Earnings beat, Revenue misses In Q1 By Investing.com

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NextEra Energy (NYSE:NEE) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. NextEra Energy announced earnings per share of $0.67 on revenue of $3.73B. Analysts polled by Investing.com anticipated EPS of $0.5778 on revenue of $4.9B. NextEra Energy shares are up 4.38% from the beginning of the year and are trading at $80.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 10.09% from the start of the year. NextEra Energy shares lost 0.66% in pre-market trade the report. NextEra Energy follows other major Utilities...

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Norwegian Cruise Lines Jumps as Goldman Sees It Best-Positioned By Investing.com

Ferrari unveils first details of special edition V12 car based on 812 Superfast By Reuters

Grubhub Drops as Uber Eats Expands, Deal Price Unchanged By Investing.com

Russia’s Putin, with election looming, sets out new social support measures By Reuters

Hammerson exits UK retail parks sector with $459 million assets sale to Brookfield By Reuters

Apple Weaker After Launch Event, Despite ‘AirTag’ Welcome By Investing.com

Daimler cuts hours for up to 18,500 workers over chip shortage By Reuters

London Bridge station evacuated as police investigate suspicious item By Reuters

Verizon Earnings, Revenue beat in Q1 By Investing.com

NextEra Energy Earnings beat, Revenue misses In Q1 By Investing.com

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