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Dropbox tops estimates in first results since IPO

2 weeks ago DieselGasoil Comments Off on Dropbox tops estimates in first results since IPO
(Reuters) – File sharing and storage company Dropbox Inc (DBX.O) beat Wall Street expectations for quarterly results and topped estimates for paying subscribers in its first financial report as a publicly traded company. FILE PHOTO: The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration/File Photo However, Read More

Wall Street surges on higher oil after U.S. quits Iran deal

2 weeks ago DieselGasoil Comments Off on Wall Street surges on higher oil after U.S. quits Iran deal
(Reuters) – Wall Street surged on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump’s decision the previous day to quit a nuclear agreement with Iran. Gains were broad and volume was high, with all but the utilities and telecom sectors advancing as investors who had moved to the sidelines in Read More

Wall Steet rallies on higher oil after U.S. quits Iran deal

2 weeks ago DieselGasoil Comments Off on Wall Steet rallies on higher oil after U.S. quits Iran deal
(Reuters) – Wall Street rallied on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump’s decision the previous day to quit a nuclear deal with Iran. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid Gains were broad, with Read More

Abortion ad ban: Google surpasses Facebook stance on Irish referendum

2 weeks ago DieselGasoil Comments Off on Abortion ad ban: Google surpasses Facebook stance on Irish referendum
Google will ban all adverts related to the Irish abortion referendum following fears online campaigns could sway the vote. From Thursday, the search giant will suspend ads related to the referendum on core legislation that currently blocks the termination of pregnancies in Ireland in the vast majority of cases.   “Following our update around election Read More

Buffett craves more Apple shares, endorses its buybacks

2 weeks ago DieselGasoil Comments Off on Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price. At Berkshire Hathaway Inc’s annual shareholder meeting, Buffett credited Apple with developing “extremely sticky” products to which consumers become attached and endorsed Apple’s decision to Read More

India's Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg

3 weeks ago DieselGasoil Comments Off on India's Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg
MUMBAI (Reuters) – Indian e-commerce firm Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc (WMT.N) for about $15 billion, Bloomberg reported on Friday, citing unnamed sources. FILE PHOTO: A Common myna sits next to the logo of India’s Read More

U.S. tech, banks are big winners from lower taxes in first quarter

3 weeks ago DieselGasoil Comments Off on U.S. tech, banks are big winners from lower taxes in first quarter
SAN FRANCISCO (Reuters) – U.S. technology heavyweights like Apple, Amazon and Intel along with Wall Street’s biggest banks look like the early winners from Republicans’ corporate tax cuts, boosting their bottom lines by more than $11 billion so far, a Reuters analysis of first-quarter earnings showed. FILE PHOTO: An iPhone is seen on display at Read More

Apache Corporation Announces First-Quarter Financial and Operational Results

3 weeks ago DieselGasoil Comments Off on Apache Corporation Announces First-Quarter Financial and Operational Results
HOUSTON, May 02, 2018 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq:APA) today announced first-quarter 2018 financial and operational results on its website at www.apachecorp.com  or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call on May 3 at 10 a.m. Central time to discuss the results. The conference call will be webcast from Read More

U.S. judge mulling compromise decision on AT&T-Time Warner deal

3 weeks ago DieselGasoil Comments Off on U.S. judge mulling compromise decision on AT&T-Time Warner deal
WASHINGTON (Reuters) – The judge who will decide if AT&T will be allowed to buy movie and TV show maker Time Warner indicated on Monday that he could be considering a decision that wasn’t a clear approval or blocking of the $85 billion deal. FILE PHOTO: A combination photo shows the Time Warner shares price Read More