Stock Market
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Even with provisions and costs, Santander’s profit beats what was expected.
On Wednesday, Spain’s Santander (BME:SAN) reported that its net profit for the third quarter went up by 11%, which was…
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Asian Stocks Go Up on Hopes for a Fed Pivot, but Australian Stocks Fall
Most Asian stock markets kept going up on Wednesday, as hopes grew for a less “hawkish” Federal Reserve. However, Australian…
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HSBC makes Elhedery CFO in a surprising CEO-in-waiting move.
(Reuters)On Tuesday, HSBC unexpectedly named Georges Elhedery its new chief financial officer, putting the former head of its investment bank…
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Australia’s stock market is up at the end of the day; the S&P/ASX 200 is up 0.28.
Australia’s stocks went up after the market closed on Tuesday. This was due to gains in the A-REITs, telecom services,…
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Sources say Germany may let Cosco buy a smaller Hamburg port terminal share.
Berlin (Reuters) Reuters reported that Germany’s ruling coalition may compromise by allowing China’s Cosco to have a lower share in…
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Upbeat profits lift European stocks.
(Reuters) – Tuesday was a good day for European markets because a lot of companies reported profits that were better…
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Japan’s stock market is up at the end of the day; the Nikkei 225 is up 1.02%.
On Tuesday night, after the market closed, shares in Japan went up because of gains in the Transportation Equipment, Electrical/Machinery,…
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SAP’s Q3 results were better than expected.
BERLIN (Reuters) – SAP’s revenue grew faster than expected in the third quarter, but its profit went down because less…
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The strong dollar and competition from Gilenya reduce Novartis earnings by 4%.
(Reuters)Novartis’ quarterly operating income went down because Gilenya prescriptions went down because of competition, but Sandoz’s profit outlook got better.…
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Paying hackers is widespread in Australia, according to a top government cybersecurity outfit.
Sydney :On Tuesday, a senior Australian government cybersecurity contractor stated that corporate insurers regularly pay hackers a ransom for…
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