Research Market strategy
by Swissquote Analysts
Nestle SA said that it has agreed to sell its Yinlu peanut-milk and canned-rice-porridge businesses in China to Food Wise Co. for an undisclosed amount. Under the agreement, Nestle unit Yinlu's five factories located in the Chinese cities of Fujian, Anhui, Hubei, Shandong and Sichuan will be...
26.11.2020
General Electric Co. warned employees that more job cuts are coming to the conglomerate's jet-engine business because of the pandemic's impact on commercial air travel even with the promise of a vaccine on the horizon. In an internal video message delivered before the Thanksgiving holiday, GE...
25.11.2020
President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary, according to people familiar with the decision. If confirmed by the Senate, Ms. Yellen would become...
24.11.2020
Apple Inc. has agreed to a $113 million settlement with more than 30 states that accused the iPhone maker of concealing issues with batteries by throttling phone performance with a software update in 2016. Attorneys general from Arizona and Indiana, which led the investigation along with the...
23.11.2020
Thyssenkrupp AG said Thursday that net operating loss in fiscal 2020 widened but expects better earnings next year. The German industrial conglomerate posted a net loss from continuing operations of 5.55 billion euros ($6.52 billion) for the fiscal year ended Sept. 30, compared with a loss of...
20.11.2020
RSA Insurance Group PLC said that it has agreed to a takeover offer from Intact Financial Corp. and Tryg AS which values the FTSE 100 insurer at 7.2 billion pounds ($9.54 billion) in cash. Under the deal, Intact will retain RSA's Canadian, U.K. and international operations, while its...
19.11.2020
Home Depot Inc. logged a larger third-quarter profit and higher revenue as continued home-improvement demand during the Covid-19 pandemic pushed sales metrics higher. The Atlanta-based home-improvement retailer logged a third-quarter profit of $3.43 billion, or $3.18 a share, compared with a...
18.11.2020
Moderna Inc. shares (MRNA) jumped yesterday, after the biotech said its COVID-19 vaccine candidate met its primary endpoint in a Phase 3 trial, demonstrating 94.5% efficacy. The news was shared in a news release and has not yet been published as a preprint or in a peer-reviewed medical journal....
17.11.2020
Volkswagen AG plans to invest around $86 billion in the development of electric vehicles and other new technologies over the next five years, as the world's largest auto maker races to overtake Tesla Inc. as the leading maker of electric cars. With the shift to electric cars, connected vehicles...
16.11.2020
Burberry stock rose on Thursday despite first-half profits plunging, as the luxury-fashion group returned to sales growth in October and said the recovery was under way. The company said it was attracting new and younger customers, driving the sales recovery. But the British luxury brand, best...
13.11.2020
 
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