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Samsung Electronics profit growth slows on smartphone weakness

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings......»»

Category: topSource: reutersJul 6th, 2018

Samsung Electronics says second quarter profit likely grew 5.2 percent, slowest pace in over 12 months

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings would grow at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings......»»

Category: topSource: reutersJul 5th, 2018

Amazon stock surge could add over $50 billion to market cap, narrow Apple"s lead to under $50 billion

Shares of Amazon.com Inc. were propelled 7.1% toward a record high in premarket trade Friday in the wake of blowout first-quarter results, putting them on track to add over $50 billio.....»»

Category: topSource: marketwatchApr 27th, 2018

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers......»»

Category: topSource: reutersApr 26th, 2018

Samsung"s Earnings Hot Streak Continues

Sales of memory chips drove the company’s fourth consecutive quarter of record operating profits, but investors are focused on how long the good times can keep rolling......»»

Category: smallbizSource: wsjApr 25th, 2018

2018 is on track for record dividend hikes

Companies returned a record cash payment to shareholders in the first quarter......»»

Category: topSource: moneycentralApr 13th, 2018

Samsung Electronics tips record first quarter profit as chip boom winds down

SEOUL (Reuters) - Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns that the semiconductor boom that has driven the South Korean tech giant's earnings is about to end......»»

Category: topSource: reutersApr 6th, 2018

Samsung tips record Q1 profit as chip boom winds down

Samsung tips a surprise record first-quarter profit but its shares fall after the announcement. As Ciara Lee reports, markets were reacting to concerns that the semiconductor boom that has driven the South Korean tech giant's earnings is about to end......»»

Category: videoSource: reutersApr 6th, 2018

Samsung Elec tips record first quarter profit as chip boom winds down

Samsung records a surprise 1Q profit......»»

Category: topSource: foxnewsApr 6th, 2018

Samsung Expects to Extend Its Earnings Hot Streak

Samsung Electronics said first-quarter operating profit will be its highest ever, topping analyst estimates and continuing the company’s string of record results......»»

Category: asiaSource: wsjApr 6th, 2018

Samsung Electronics tips record first-quarter profit, beating expectations

SEOUL (Reuters) - Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday as analysts said strong chip margins and the early launch of its flagship Galaxy S9 smartphone likely masked broader weakness in the mobile market......»»

Category: topSource: reutersApr 5th, 2018

"This is a pro-Amazon ruling": Here"s what Wall Street is saying about Google"s record-breaking $5 billion fine (GOOGL)

BI Graphics Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system, Android. The search giant was accused of forcing smartphone makers like Samsung .....»»

Category: topSource: businessinsider5 hr. 1 min. ago

Warren Buffett’s American Express Sinks Despite Record Revenues in 2nd Quarter

Warren Buffett’s American Express Sinks Despite Record Revenues in 2nd Quarter.....»»

Category: worldSource: nyt6 hr. 45 min. ago

Nanya gross margin hits record 55% in 2Q18

DRAM chipmaker Nanya Technology saw its gross margin climb to a record-high 55% in the second quarter of 2018, when consolidated revenues also hit their highest quarterly level in the company's history......»»

Category: topSource: digitimes9 hr. 30 min. ago

Wall Street traders set for best year since aftermath of crisis

Wall Street trading desks may have reached a post-crisis turning point, with revenue on track for the best year since 2011, second-quarter earnings reports from big U.S. banks showed......»»

Category: topSource: reuters11 hr. 1 min. ago

Google fined a record $5 billion by the EU for abusing the dominance of Android (GOOG)

BI Graphics Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system Android. Google is accused of forcing smartphone makers like Samsung and Huawei .....»»

Category: topSource: businessinsider17 hr. 31 min. ago

An open letter to Elon Musk (TSLA)

Joshua Lott/Getty Images Elon, I’m writing on behalf of investors who believe in you and your mission to accelerate the globe’s adoption of sustainable energy. Your track record as a visionary is unprecedented, and we also.....»»

Category: topSource: businessinsiderJul 17th, 2018

CSX Announces Record Second Quarter 2018 Financial Results

JACKSONVILLE, Fla., July 17, 2018 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) today announced second quarter 2018 net earnings of $877 million, or $1.01 per share, versus.....»»

Category: earningsSource: benzingaJul 17th, 2018

Goldman Sachs (GS) Q2 Earnings Impress on Record Revenues

Goldman Sachs' (GS) second-quarter 2018 results reflect continued investment banking momentum and strong underwriting business, along with fixed income trading activiti.....»»

Category: worldSource: nytJul 17th, 2018

Nasdaq Composite hits intraday record, on track for record close

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 17th, 2018