Lower output, high costs to pressure Newmont, Barrick earnings
(Reuters) – North American gold miners Newmont Corp and Barrick Gold (NYSE:GOLD) Corp are expected to post lower quarterly profits…
Luminar Technologies the Nvidia of LiDAR, best positioned to capture a dominant share – Jefferies
Luminar Technologies (NASDAQ:LAZR) is the Nvidia of LiDAR, according to Jefferies, which assumed coverage of the stock with a Buy…
UK financial sector will be largely cut off from EU for years, EU lawmakers told
(Reuters) – The long-delayed forum for European Union and British financial regulators won’t reopen the door for London’s financial canter…
China says it will expand import and export of key products
(Reuters) – China will expand imports and exports of key products, and support exports of automobiles, the State Council said…
CFRA upgrades General Motors to Hold following Q1 beat and raise
CFRA Research upgraded General Motors (NYSE:GM) to a Hold rating (from Sell) and raised their price target on the stock…
Raytheon’s profit rises on China aviation boost
(Reuters) – Raytheon Technologies (NYSE:RTX) Corp reported a 4% rise in quarterly adjusted profit on Tuesday, as the aerospace and…
Halliburton beats quarterly profit estimates as pricing improves
(Reuters) – Oilfield firm Halliburton (NYSE:HAL) Co on Tuesday reported a first-quarter profit that topped Wall Street estimates as a…
EU gives green light to revamp of Europe’s main climate policy
(Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which…
Oil slips on economic uncertainty, despite China hopes
(Reuters) – Oil slipped on Tuesday after two sessions of gains as uncertainty about the global economic outlook and a…
UBSG: UBS Sees Profit Shrink by 52% but Gains $28bn of New Money
You can’t have your cake and eat it too, the quarterly report of Swiss megabank UBS just confirmed. UBS reported…