Company news

Net profit of Samsung fell 30%

Net profit of Samsung Electronics fell by 30% due to weak demand for memory chips and smartphones. In the last quarter of 2018, Samsung's net profit fell to 8.5 trillion won from 12.2 trillion won in 2017. Operating profit declined by 28.7% ...
01.02.2019

World demand for gold increased by 4% in 2018

Demand for gold in the world rose to 4,345 thousand tons, which is 4% more than the result of 2017. Central banks of the countries increased gold reserves by 74% compared to 2017, having reached the mark of 651.5 tons. This is the second largest ...
01.02.2019

MasterCard increased quarterly profit 4.5 times, annual - 1.5 times

Net profit of the second after Visa payment system in the world increased 4.5 times in the fourth quarter of 2018 and amounted to $900 million compared to $200 million in 2017. Earnings per share rose to $0.87 versus $0.21 a year earlier. Adjusted ...
01.02.2019

GDP of Canada declined in November

Analysts had expected a decrease in Canadian GDP in November 2018. The country's economy decreased by 0.1%. In October, an increase of 0.3% was recorded. Growth in 13 of Canada’s 20 industrial sectors was offset by declines in the wholesale, ...
01.02.2019

Shell has doubled its profit over a quarter

Profit of the British-Dutch oil and gas company, Royal Dutch Shell Plc, increased 2.4 times in the fourth quarter of 2018, or 138%. The company earned $7.334 billion in the quarter against $3.082 billion a year earlier. In the third quarter, ...
01.02.2019

isa increased net profit by 18% in the first fiscal quarter

Visa, operator of the world's largest payment system, increased its net profit by 18% in the 1st fiscal quarter. Earnings were $2.977 billion, or $1.3 per share versus $2.522 billion or $1.07 per share over the earnings period last year. Visa ...
01.02.2019

UK consumer confidence index remained unchanged In January

According to GfK NOP Ltd., the UK consumer confidence index remained at minus 14 points. This is the minimum value since 2013. The index retains a negative value for 37 consecutive months. A positive index value was last noted in January 2016. ...
01.02.2019

Chemical company DowDuPont increased profit 2.5 times in 2018

The net profit of a major American chemical company, DowDuPont, increased 2.5 times compared with 2017 and amounted to $3.999 billion. Diluted earnings per share increased to $1.65 compared to $0.91 in 2017. The company increased revenue by ...
01.02.2019

Alibaba's profit and revenue grew by a third in the 3rd quarter

Alibaba Group Hodling Ltd. increased net profit by 37% over the 3rd fiscal quarter. The figure rose to 33.05 billion yuan against 24.07 billion yuan last year. Per-share earnings rose from 9.2 yuan to 12.64 yuan, the company said in a press ...
31.01.2019

French GDP growth slowed in the fourth quarter of 2018

France's GDP grew by 0.3% in the last quarter of 2018, according to estimates by Insee. The slowdown in the growth of the second largest economy of the European Union is associated with anti-government protests. The budget deficit in Italy ...
31.01.2019

Bosch to invest 4 billion euros in the creation of unmanned vehicles

One of the world's leading suppliers of automotive components will invest 4 billion euros in the development of unmanned vehicles by the end of 2022. Over the next five years, Bosch will hire 25,000 specialists to develop new software. The ...
31.01.2019

Profit and revenue growth of the largest manufacturer of luxury goods exceeded the record level

Net profit of the world manufacturer of luxury goods, LVMH Moet Hennessy Louis Vuitton SA, grew by 18% in 2018. Profit from continuing operations increased by 21% and exceeded 10 billion euros against 8.293 billion euros in 2017. Revenue growth ...
31.01.2019

GFMS: gold will rise in price by 2% in 2019

Analysts at Thomson Reuters GFMS are waiting for an increase in the price of gold to $1,292 per ounce. The GFMS survey notes that economic uncertainty and a slowdown in US GDP growth will cause an increase in precious metal prices. The average ...
31.01.2019

Boeing increased profit by 24% in 2018

The net profit of the largest aircraft manufacturer Boeing grew by 24% in 2018 and amounted to $10.46 billion. In terms of share, the net diluted earnings rose to $17.85 compared to $13.85 in 2017. Boeing's revenue growth was 8% - to $101.127 ...
31.01.2019

Inflation in Germany drops to 11-month low in January

Consumer inflation in Germany fell in January more than expected, the Federal Statistical Office reports. The price increase was the lowest in almost a year. Consumer price index rose 1.4% year-on-year after the increase by 1.7% in December. ...
31.01.2019

McDonald’s increased net income by 14% in 2018

Net profit of McDonald’s rose 14% in 2018, according to reports. The company reached a figure of $5.924 billion. Earnings per share were $7.54 against $6.37 in 2017. McDonald's reduced its operating income by 8% to $8.823 billion. Revenue fell ...
31.01.2019

The number of pending home sales in the US decreased in December

The index of pending home sales fell to 99.0 in December. The November index, which was 2.2% higher, was revised from 101.4 to 101.2. According to analysts, the index was expected to grow by 0.5%. Unfinished contracts for the sale of housing ...
31.01.2019

NASDAQ subsidiary buys Oslo Stock Exchange

The subsidiary of the American company NASDAQ buys all the shares of the Oslo Stock Exchange. The price of the shares of Oslo Boers VPS Holding ASA will be 152 krones per share, and the entire stock exchange is valued at $770 million. The deal ...
31.01.2019

Harley-Davidson's profit in the 4th quarter fell 17 times

Net profit of Harley-Davidson, the largest motorcycle manufacturer in the United States, fell 16.6 times in the last quarter of 2018. Quarterly revenues decreased by 6.5% to $1.15 billion, profit - to $0.5 million compared to $8.3 million in ...
30.01.2019

Venture capital and technology companies attracted $40 billion in investment in 2018

Financial and technology venture capital companies attracted global investment of $39.57 billion in 2018, Reuters reports. This is 120% more than the rate of 2107 years. The number of deals rose to 1,707 units from 1,480 in 2017. More than ...
30.01.2019
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