Posts From Janine

Janine

Janine

Janine is our editor for related stock market news. Andrew and Janine will be focusing on providing the latest trends and where the next hit could be

China Unexpectedly Cuts Short-Term Lending Rate

  The greenback rose 0.36% against the Chinese yuan to trade at 7.0288 yesterday after the People’s Bank of China made an unexpected decision to slash its short-term lending rate, the first of its kind in more than four years.

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UK Consumer Price Index Declines To 3-year Low

  The yen rose against the British pound after the release of better-than-anticipated bank lending and PPI data from Japan. The pound’s decline was also aided by the drop in the UK’s consumer price inflation to its lowest level in

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Teva Posts Q3 Earnings Miss, Lifts FY 2019 Outlook

  Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) reported fiscal 2019 third-quarter earnings that missed analysts’ estimates by a cent. The quarterly revenues, however, surpassed the Wall Street estimates. Furthermore, the company boosted its earnings and revenue outlook for FY 2019.

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Aussie Down as Retail Sales Halves in September

  The Aussie declined against the greenback after the data published by the Australian Bureau of Statistics indicated a sharp decline in retail sales in September, led by a drop in consumer spending in spite of systematic interest rate cuts.

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AT&T Q3 EPS Beats Estimates, Announces 3-Year Guidance

  AT&T Inc. (NYSE: T) reported better than anticipated fiscal 2019 third-quarter results. Additionally, the company also published its 3-year financial forecast and capital expenditure plan, allowing the enterprise to invest in areas of growth, slash debt, and retire shares.

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Opera Browser Facilitates Direct Bitcoin Payments

  The cryptocurrency market is under heavy selling pressure with Bitcoin (BTC) breaking below $8,000 levels.  At the time of writing this article, Bitcoin was trading at $7,427, down 7.5% in the past 24 hours. The market capitalization of Bitcoin

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AmEx Beats 3Q Earnings Estimate on Higher Spending

  American Express (NYSE: AXP) on Friday reported third-quarter earnings and revenue that beat analysts’ expectations. Higher spending by card members, an increase in net interest income, and a hike in annual card fees enabled the company to post 8%

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IBM Unveils Blockchain-Based Supply Chain Solution

  The cryptocurrency market struggles to gather momentum as Bitcoin (BTC) faces severe resistance above $8,500 level. At the time of writing this article, the number one crypto with a market cap of $149.88 billion was trading almost flat at

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Australian Consumer Sentiment Drops To Four Year Low

  The Australian dollar managed to trade in a narrow range against the US dollar yesterday despite the release of a four-year low consumer sentiment index figure by the Westpac-Melbourne Institute. The announcement of fresh sanctions by Washington against Chinese

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PepsiCo Beats On Q3 Earnings, reaffirms FY19 EPS View

  The soft drink giant PepsiCo Inc. (Nasdaq: PEP) reported better-than-anticipated fiscal 2019 third-quarter results on Thursday. However, the Q3 earnings declined 16% on a y-o-y basis, mainly due to higher income tax provisions. The snack and beverage giant also

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