Investing.com — Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd (NYSE: BABA) reported better-than-expected third-quarter earnings on Thursday, sending its shares up 3.2% in premarket trading. The company posted adjusted earnings…
TOKYO (Reuters) – Private equity firm KKR has raised its tender offer price for the acquisition of Japanese software developer Fuji Soft to 9,451 yen ($60.86) a share from 8,800…
Investing.com – Alibaba ADR (NYSE: BABA) reported third quarter EPS of ¥15.06, ¥0.27 better than the analyst estimate of ¥14.79. Revenue for the quarter came in at ¥236.5B versus the…
(Reuters) – The main UK stock indexes were subdued on Friday, with losses in AstraZeneca (NASDAQ:AZN) and GSK weighing on the blue-chip FTSE 100, while data showed Britain’s economy contracted…
Investing.com — RBC Capital raised its price target for Tesla (NASDAQ:TSLA) to $387 from $323 in a note Friday, citing growing confidence in the company’s autonomous vehicle (AV) ambitions and its…
(Reuters) – Global equity funds saw the largest weekly net purchases in over a decade in the week to Nov. 13, driven by investor optimism that a decisive second-term mandate…
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co’s U.S. unit for semiconductor production…
Investing.com — Goldman Sachs expects US outperformance to continue in 2025, bolstered by the policies expected under the newly elected Trump administration. In a note released Thursday, Goldman strategists present…
Economy
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
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Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than expected. “The complex consumer environment that exists in…
The value of assets tied to Donald Trump — and those likely to benefit under his administration — surged in the wake of his decisive electoral victory on Tuesday. Leading…