Friday, 28 January 2022

Tag Archives: shares

Mylan NV shares slide after warning of hit to revenue

MORGANTOWN: Generic drugmaker Mylan NV said reevaluation of its portfolio of medicines will continue next year and cautioned of a hit to revenue, and its shares nearly 6%. Mylan, which posted higher-than-expected third-quarter profit with the help of cost constraints, said it would reassess products it sells outside United States ...

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Oracle shares rise; quarterly profit beats estimates

Oracle Corp beat fourth-quarter revenue and profit estimates, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading. Revenue from its cloud license and on-premise license businesses rose 12% to $2.52 ...

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Romancing Salman Khan is dream come true, says Disha Patani

BOLLYWOODl Disha Patani, the hottest actress in the industry, who is currently gearing up for her big-budget film ‘Bharat’ alongside Salman Khan shares her wonderful experience on sharing the screen space with Salman Khan for Bharat. View this post on Instagram Don't forget to swipe left! 😋 #MyCalvins @calvinklein A ...

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LG sees lower profit as mobile business, shares slip

SEOUL: LG Electronics Inc’s operating profit likely fell by a smaller-than-expected 19 percent in the first quarter, even as losses in its mobile business and rising competition in the television segment pushed its revenue down to below consensus. Shares of the South Korean firm trimmed earlier gains after the news ...

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British Airways stops selling its shares to outside EU citizens

LONDON: The parent company of British Airways and Iberia has stopped the sales of its stock to investors outside of the European Union. EU-ownership rules dictate that more than half of an airline’s stock must be held by shareholders that are based within the economic bloc. International Consolidated Airlines Group ...

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T-Mobile exceeds expectations for phone subscribers, profit

WASHINGTON: T-Mobile US Inc exceeded Wall Street’s quarterly estimates for net new phone subscribers and profit, driven by its competitive wireless plans and trade-in offers for iPhones aimed at fending off its bigger rivals. Shares of the Bellevue, Washington-based company rose over 3 percent to $66.02 in extended trading. The ...

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Superdry founder banks £18 million in share sale

Julian Dunkerton, who now acts as the firm’s product and brand director, sold one million shares at £17.80 each, or 1.23% of the group. It comes following 12 months of share price gains for Superdry, which was previously knows as SuperGroup. Shares have risen 20% over the past 12 months ...

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Saudi graft inquiry spreads beyond borders

ABU DHABI/DUBAI: Saudi Arabia’s crackdown on corruption has spread beyond its borders as regulators in the United Arab Emirates ask UAE banks for information about Saudi citizens detained in the investigation, a possible prelude to freezing their accounts. The UAE central bank has requested commercial banks and finance companies in ...

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Jeff Bezos sells off a million Amazon shares for $1.1Billion

LONDON: The World’s Richest Person Amazon founder Jeff Bezos sold off another sliver of his stake in the company this week, as the stock soared to record levels. Shares in Amazon surged last week, putting the price above $1,100 for the first time ever. The increase came as the tech ...

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BlackBerry turnaround hopes fade

LONDON: BlackBerry shares have been plunging from ther two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. At Friday’s price of about $8.70, BlackBerry’s US-traded shares have lost a quarter of their value since reaching ...

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