Stock Markets Page 1

facebook

Facebook profits leap as ad revenues rise

Facebook reported a massive 71% leap in second-quarter profits on Thursday as advertising revenues leapt thanks to strong growth in users of the social media website

Neil Dennis
Volkswagen

Volkswagen bounces as collusion probe gets underway

Shares in big German car makers have come under pressure this week amid allegations of collusion. Nevertheless, Volkswagen shares enjoyed something of a bounce today.

James Hester
google

Google fine hits Alphabet's second-quarter profits

Alphabet shares look set for opening losses on Tuesday after investors turn cautious about the prospect for future revenues following a record fine in Europe and rising development costs

Neil Dennis
Ryanair

Ryanair slips on pricing pressures

Ryanair shares opened sharply lower this morning as the company warned pricing would come under pressure this year in the face of heightened competition.

James Hester
GE

GE shares retreat on lacklustre guidance

General Electric shares were down in early trading today after the company warned full-year earnings would likely be at the lower-end of its forecasts.

James Hester
Drax power station

Drax makes pre-tax loss of £83m as coal slumps in value

Power producer Drax saw earnings rise 73% in the first half of 2017, but made a net loss of £83m partly due to the UK’s move to stop using coal for electricity generation

Richard Reed
reckitt benckiser

From condoms to condiments: RB confirms McCormick deal

UK-based global consumer goods company Reckitt Benckiser Group has this morning confirmed that it plans to sell its food business

Brian Bollen
Goldman

Goldman and BoA hit by results disappointment

US investment bank stocks Bank of America and Goldman Sachs opened weaker in New York today after the duo reported disappointing quarterly results. Goldman shares sagged around 2.4%, while Bank of America´s stock price was down 1.4%.

James Hester
Toshiba factory

Toshiba shares leap as court rules on memory business sale

Shares in troubled Japanese conglomerate Toshiba leapt by nearly a quarter on Tuesday after a Californian court ruling on the sale of its valuable memory chip business.

Richard Reed




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