Entries by MT Newswires

Apple Expected to Post Year-on-Year Gains in Second Quarter Revenue Supported by iPhone Sales

7:03 AM, May 1, 2017 — Apple (AAPL) is expected by analysts to report year-on-year gains in fiscal second quarter revenue and adjusted earnings per share when the consumer-technology company releases its results on Tuesday afternoon, boosted by continued strength of the iPhone, especially as more consumers are expected to have switched to the higher-priced […]

Stocks Dip in US as Oil Retreats, French Election Jitters Weigh

12:45 PM, Apr 21, 2017 — The main US markets were trading mostly lower on Friday afternoon as concerns about the outcome of the weekend’s presidential election in France weighed and oil prices dropped. Sunday’s election is widely seen as too close to call, with four candidates leading. The result could have an impact on […]

ChemChina’s $43 Billion Acquisition of Syngenta Gets Green Light From Regulators

11:20 AM, Apr 5, 2017 — European Union regulators have approved the $43 billion planned takeover of Swiss pesticide supplier Syngenta by ChemChina, a state owned chemicals company, with conditions. The nod from the European Commission, which also oversees competition policy, hinges on the sale of significant parts of ChemChina’s European pesticide and plant growth […]

Stocks Gain as Oil Rises Back Above $50, GDP Data Increases

12:52 PM, Mar 30, 2017 — The US markets rose on Thursday afternoon, with the energy sector advancing as benchmark oil prices went back above $50 a barrel while economic growth data also gave a boost. The US economy expanded at a faster pace than previously projected in the final quarter of 2016, rising 2.1%. […]