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Market Extra: What is the Jones Act? And why might waiving it help ease gas ‘supply crunch’?
The Biden administration is exploring a temporarily waiver of the Jones Act, a key U.S. shipping law, to allow foreign vessels to carry fuel up the Eastern Seaboard to ease supply bottlenecks following the Colonial Pipeline shutdown......»»
Kansas City Southern stock drops to lead Dow transports" losers after downbeat revenue outlook
Shares of Kansas City Southern fell 1.9% in morning trading Tuesday, enough to pace the Dow Jones Transpor.....»»
Dow Jones Newswires: Roche backs 2020 view as first-quarter sales rise
Roche Holding AG said Wednesday that sales rose in the first quarter and backed its full-year outlook......»»
Hewlett Packard Enterprise cuts cash flow outlook on coronavirus impact, shares down
Hewlett Packard Enterprise on Tuesday cut its free cash flow forecast for the year citing supply constraints due to the coronavirus outbreak, and reported a lower-than-expected quarterly revenue......»»
Dow Jones Newswires: Carrefour swings to 2019 profit and raises 2022 targets
Carrefour SA reported Thursday a swing to net profit for 2019 despite booking a slightly lower revenue, and raised its transformation targets due by 2022......»»
Dow Jones Newswires: NMC Health Director Abdulrahman Basaddiq resigns after shareholding review
NMC Health PLC said Monday that Abdulrahman Basaddiq has resigned as a director after the company said last week the ownership of 12.4 million shares couldn’t be accounted for with certainty by major shareholders......»»
Dow Jones Newswires: AstraZeneca profit misses forecasts and warns outlook hinges on COVID-19
The FTSE 100-listed drug maker reported that core operating profit slid 29% to $1.55 billion......»»
Ryder"s stock tumbles to lead Dow transports losers after surprise loss, downbeat outlook
Shares of Ryder System Inc. tumbled 10% in afternoon trading Thursday, to pace the Dow Jones Transportation Average losers, after the truck rental company reported a surprise fourth-quarter loss, a.....»»
Dow Jones Newswires: Publicis revenue rises, confirms 2020 outlook
Publicis Groupe SA said Thursday that revenue for the fourth quarter of 2019 rose due to contributions from acquisitions and disposals, and confirmed its 2020 outlook......»»
Dow Jones Newswires: TomTom plans EUR50M share buyback and swings to net loss
TomTom NV said Wednesday that it plans to buy back 50 million euros ($55.5 million) of its shares as the company reported a swing to net loss for the fourth quarter on lower revenue and higher costs......»»
Dow Jones Newswires: Sanofi to acquire Synthorx for $2.5 billion
The French pharmaceutical company said it plans to take control of all outstanding shares of Synthorx for $68 per share in cash......»»
Dow Jones Newswires: Maersk profit beats, but shipping giant cuts container outlook on weak economies, trade dispute
Maersk, which is considered a barometer of global trade, confirmed that revenue slipped 1% to $10.06 billion, as guided in a recent announcement......»»
Dow Jones Newswires: Vodafone lifts 2020 earnings guidance on Liberty Global gains
The British telecommunications company upgraded its earnings outlook as it said that lower cash flows from India and the New Zealand sale will lead to slightly lower-than-previously-expected cash flow and posted a narrowed pretax loss for the first half......»»
Dow Jones Newswires: Continental gives gloomy auto sector outlook after multibillion-dollar loss
The German car parts supplier doesn’t expect a material improvement in global production over the next five years......»»
Dow Jones Newswires: Prosus lowers acceptance level for Just Eat offer
Prosus said its offer is now conditional on receiving acceptances from 75% of the Just Eat shares. The bid was previously conditional on Prosus securing the backing of not less than 90% of Just Eat shareholders......»»
Dow Jones Newswires: Allianz upbeat on outlook after profit edges higher
Allianz said it now sees 2019 operating profit in the upper half of its target range of between EUR11 billion and EUR12 billion......»»
Dow Jones Newswires: Ahold Delhaize net sales rise 2.9%
The company reiterated its 2019 outlook of EUR2 billion of free cash flow, with capital expenditure of EUR2 billion......»»
Dow Jones Newswires: SAP to return an extra $1.7 billion to shareholders in 2020
The company is allowed to repurchase shares and issue a special dividend with the combined volume by Dec. 31 next year, it said......»»
Dow Jones Newswires: Bayer backs guidance as sales rise, profit falls
The company backed its outlook for the year, but adjusted figures to exclude its animal health business and its stake in Currenta, both of which it has agreed to sell......»»
Dow Jones Newswires: Beiersdorf backs guidance as revenue rises
The German company confirmed its outlook for the year. It targets organic sales growth of between 3% and 5%, while its Ebit margin from ongoing operations is seen at around 14.5%......»»