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'A List' climate change firms outperform on stock market – survey

1 hour ago DieselGasoil Comments Off on 'A List' climate change firms outperform on stock market – survey
OSLO (Reuters) – Apple (AAPL.O), L’Oreal (OREP.PA) and Mitsubishi Electric (6503.T) are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Read More

'A List' climate change firms outperform on stock market: survey

10 hours ago DieselGasoil Comments Off on 'A List' climate change firms outperform on stock market: survey
OSLO (Reuters) – Apple, L’Oreal and Mitsubishi Electric are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change. FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo Many companies Read More

Snap shares hit by second CFO exit in a year

6 days ago DieselGasoil Comments Off on Snap shares hit by second CFO exit in a year
(Reuters) – Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign. Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Vollero, who was responsible Read More

How Santander's Brazil unit is driving growth with car loans

2 weeks ago DieselGasoil Comments Off on How Santander's Brazil unit is driving growth with car loans
SAO PAULO (Reuters) – At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. Santander bank office building is seen in Sao Paulo, Brazil January 9, 2019. Picture taken January 9, 2019. REUTERS/Amanda Perobelli There is a Read More

Third time may be a charm as Jeff Vinik relaunches hedge fund

2 weeks ago DieselGasoil Comments Off on Third time may be a charm as Jeff Vinik relaunches hedge fund
NEW YORK (Reuters) – Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years. Vinik, who once ran Fidelity’s Magellan mutual fund and then oversaw $10 billion at his own hedge fund, is starting Read More

Union Pacific jumps 8 percent after company picks turnaround expert as COO

2 weeks ago DieselGasoil Comments Off on Union Pacific jumps 8 percent after company picks turnaround expert as COO
FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren (Reuters) – Shares of Union Pacific Corp (UNP.N) rose 8 percent in early trading on Tuesday after the No.1 U.S. railroad named here industry veteran Jim Vena as Read More

Fund managers hoping for stock rally look to emerging markets

2 weeks ago DieselGasoil Comments Off on Fund managers hoping for stock rally look to emerging markets
NEW YORK (Reuters) – After emerging market stocks led global equity markets lower in a brutal 2018, some U.S.-based fund managers are betting that the asset class may have the largest rebound in the new year. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 28, 2018. Read More

Delta shares fall 10 percent on lowered outlook; drags down rivals

3 weeks ago DieselGasoil Comments Off on Delta shares fall 10 percent on lowered outlook; drags down rivals
(Reuters) – Shares of Delta Air Lines Inc fell 10 percent on Thursday, after the U.S. carrier warned fourth-quarter unit revenue would be slightly below its prior forecast due to the lower-than-expected improvement in last-minute fares booked by travelers. FILE PHOTO: A Delta Air Lines Boeing 737-800 plane sits at the gate at LAX airport Read More

Wall Street ekes out gain, Apple cuts revenue forecast after the bell

3 weeks ago DieselGasoil Comments Off on Wall Street ekes out gain, Apple cuts revenue forecast after the bell
NEW YORK (Reuters) – Wall Street edged higher on Wednesday after stumbling out of the starting gate on the first trading day of 2019, while fears of a global economic slowdown were exacerbated after Apple cut its holiday-quarter revenue forecast. Apple (AAPL.O) dropped 8 percent in extended trading late in the day after the iPhone Read More

Wall Street ekes out gains, Apple cuts revenue forecast after the bell

3 weeks ago DieselGasoil Comments Off on Wall Street ekes out gains, Apple cuts revenue forecast after the bell
NEW YORK (Reuters) – Wall Street edged nominally higher on Wednesday after stumbling out of the starting gate on the first trading day of the new year, as fears of a global economic slowdown were exacerbated after Apple Inc cut its current quarter revenue forecast. After struggling for direction for much of the session, all Read More