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

Microsoft Issues Q3 Earnings Warning on Virus Concerns

  Microsoft (Nasdaq: MSFT) announced on Thursday that it might miss the quarterly revenue outlook issued earlier for the personal computing segment, which includes Windows, tablets and Surface laptops. The company clarified that the likelihood of missing the earlier guidance

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Fidelity Buys 5.6% Stake in Crypto Platform Provider OSL

  The cryptocurrency market is undergoing a slight price correction as Bitcoin (BTC) struggles to cross above the $10,000 level. At the time of writing this article, Bitcoin has lost 3.1% in the past 24 hours to trade at $9,575.01.

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Novartis Receives EC Approval for Beovu to Treat Wet AMD

  Novartis AG (NYSE: NVS) has revealed that the European Commission (EC) has approved its injection, Beovu (brolucizumab), for wet age-related macular degeneration (AMD) therapy, which is the main reason for blindness across the globe. The decision made by the

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Malaysian Economic Growth Tumbles to Decade Low

  The Malaysian ringgit declined against the greenback after the data published by the central bank of Malaysia (Bank Negara Malaysia or BNM) indicated that the country recorded its slowest rate of growth in a decade in the fourth quarter.

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Toyota Down on Postponement of Re-Opening China Factories

  Toyota Motor Corporation (NYSE: TM), postponed the restart of production in China plants for the second time, due coronavirus outbreak. The auto manufacturer has announced that its factories in China will open only on February 17th. Notably, while reporting

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Yen Down on Weak Jibun Bank Manufacturing PMI Data

  The greenback gained ground against the yen yesterday after Japan’s Jibun Bank Manufacturing PMI data for January missed analysts’ estimates. The USD/JPY pair’s uptrend gained further momentum after the Institute for Supply Management (ISM) reported an upbeat manufacturing PMI

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Mercedes to Use Blockchain for Tracing Carbon Emissions

The cryptocurrency market remains range bound with Bitcoin (BTC) continuing to hover around $9,200 levels. In the past 24 hours, Bitcoin has lost 0.7% to trade at $9,265.39. Ether (ETH) has lost 0.6% to trade at $188.28. However, XRP, the

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BoFA Downgrades Wynn Resorts on Coronavirus Concern

  The shares of the resort and casino operator Wynn Resorts (Nasdaq: WYNN) was battered for the past few days after Shaun Kelley, an analyst at Bank of America Global Research, downgraded the company to “neutral” from “buy” rating. In

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South Korea’s Q4 GDP Growth Beats Estimates

  The US dollar lost ground against the Korean won after the Bank of Korea, the central bank of the Republic of Korea, stated that the country’s gross domestic product rose by a seasonally adjusted 1.2% in the fourth quarter

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Oil Field Service Provider Schlumberger Beats Q4 Estimates

  International oil field services company Schlumberger Ltd. (NYSE: SLB) published fiscal 2019 fourth-quarter profit that declined from the corresponding quarter last year. In other related news, the company’s CFO Simon Ayat has announced his plan to step down this

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