Business

Looking to today’s trading session in Europe, earnings season continues to deliver a fresh cluster of financial updates from leading businesses. Kering, SAP, Telecom Italia, AkzoNobel, Randstad, Santander, Volvo Group, Swedbank, Anglo American, Shire and the London Stock Exchange are just a handful of those slated to publish results. In markets overseas, stocks in Asia
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In the United States, stocks opened slightly higher on Monday, with Merck and Caterpillar helping lead the gains. Wall Street also zeroed in on interest rates as they pushed higher. The 10-year Treasury note yield hit a high of 2.99 percent, threatening once again to reach 3 percent. The benchmark rate last traded at 3
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General Electric shares rose as much as 7 percent Friday after the Dow component’s upbeat first-quarter earnings. But few – if any – on Wall Street are calling it a comeback. “There’s absolutely no change to our thesis here,” J.P. Morgan analyst Stephen Tusa told CNBC’s “Squawk on the Street.” Tusa said GE’s overall number
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The stakes are high for Apple as it fights to keep its place as the most valuable public company in the business world. The iPhone giant reports quarterly earnings on May 1, by which time iPhone X sales should be baked in to its results. Apple doesn’t usually release sales numbers of individual models. The
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European leaders can build trust and fight populist threats by touting the economic benefits of closer integration, Italian Finance Minister Pier Carlo Padoan said Thursday. In a CNBC Facebook Live interview at the World Bank and International Monetary Fund’s Spring Meetings 2018 in Washington, Padoan said strengthening euro area reforms would build more trust across
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Check out the companies making headlines before the bell: General Electric – GE beat estimates with adjusted quarterly profit of 16 cents per share, 5 cents a share above estimates, with revenue also beating forecasts. CEO John Flannery said GE is seeing signs of progress in its performance, with aviation, health care, and transportation all
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Check out the companies making headlines before the bell: Procter & Gamble – Procter & Gamble earned an adjusted $1 per share for its third quarter, 2 cents a share above estimates. Revenue also exceeded forecasts. Its beauty and homecare businesses were among the units that did well during the quarter. Separately, the consumer products
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While trade relations between the U.S. and China have descended into a relay of tariffs and counter-tariffs, developments to reform trade on the African continent are telling a very different story. “If you start looking much more inwards, and focus within your little population of 40 or 50 million, you lose sight of the big
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Vice President Mike Pence announced Monday the latest set of recommendations on space policy, this time looking to tackle the persistent problem of space debris in orbit around the Earth. “The National Space Council has developed the first comprehensive space traffic management policy, which we will soon be sending to the President’s desk for his
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The business of basketball is booming and Tilman Fertitta, the owner of the NBA‘s Houston Rockets, suggests the league has a winning game plan for keeping fans tuned in. “The NBA, it’s just fun and interesting and the crowd is into it,” Fertitta told CNBC during “Power Lunch” this week. This season, the NBA set
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By now you’ve probably gathered that Facebook uses things like your interest, age and other demographic and geographic information to help advertisers reach you. Then there’s the stuff your friends do and like — the idea being that it’s a good indicator for what you might do and like. So, if you have a friend
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