Monday, November 18, 201910:53 AM EST - Lydian International Limited : Commented on a decision by Armenia’s Administrative Court to reject an Application calling for the Minister of Environment to revoke the Environmental Impact Assessment of the Amulsar Project approved in April 2016. The reasoning of the Court is important in the context of ongoing unlawful activities against the Amulsar Project. A small number of private citizens alleged that ‘new ecological factors’ had come to light which justified setting aside the existing EIA. The evidence relied upon by the activists included: (a) the disputed Report on the Amulsar Project prepared by Earth Link & Advanced Resources Development for the Investigative Committee...
Qudian Inc. (NYSE:QD) prices slumped after the came out with earnings before Monday’s markets opened.
The China-based financial firm reported Total number of registered users as of Sep 30, 2019 reached 78.3 million, representing an increase of 11.8% from Sep 30, 2018. The number of outstanding borrowers from loan book business and transaction services business increased by 3.4% to 6.3 million from 6.1 million in the prior-year quarter. The number of borrowers from loan book business and transaction services business increased in the latest quarter by 3.6% to 19.0 million in the prior-year quarter New active borrowers from loan book business and transaction services business for this...
JD.com (NASDAQ:JD) shares made small gains as noon approached on Friday.
The company reported third-quarter earnings of 29 cents per share on Friday, which beat the analyst consensus estimate of 17 cents by 70.6%. This is a 141.7% increase over earnings of 12 cents per share from the same period last year JD, which boasts a status as China’s leading technology driven e-commerce company and retail infrastructure service provider, reported quarterly sales of $18.865 billion, which beat the analyst consensus estimate of $18.13 billion by 4.1%. This is a 23.7% increase over sales of $15.255 billion the same period last year Mobile monthly active users in September 2019 increased by 36% as compared to September 2018. In the third quarter, over 70% of new customers were...
U.S. stock index futures were higher Friday after White House economic advisor Larry Kudlow said China and the U.S. were getting close to reaching a trade deal.
Futures for the Dow Jones Industrials took on 82 points, or 0.3%, early Friday to 27,828.
Futures for the S&P 500 gained 7.5 points, or 0.2%, at 3,104.50 The NASDAQ Composite added 32 points, or 0.4%, to 8,297.50 The S&P 500 has advanced 3.4%, and Dow is up 2.8%, over the past month. The tech-rich NASDAQ has gained 4.1% in that time J C Penney and JD.com are among the firms reporting earnings Friday officials have sent positive signs about trade talks with China. Kudlow, the National Economic Council director, said Thursday that a deal between the two nations was...
Thursday, November 14, 201912:09 PM EST - The Yield Growth Corp. : Announced that pursuant to its previously announced distribution agreement with Melorganics it has shipped nearly 2,500 Urban Juve products to Greece this week, marking its first export of products to Europe. Further, Yield Yield Growth subsidiary Urban Juve has agreed to expand the exclusive distribution territory granted to Melorganics to include Bulgaria, Romania and Serbia, in addition to Greece and Cyprus. "We are impressed with the speed with which Melorganics was able to get all our products approved for sale in Greece," says Yield Growth CEO Penny White. "We are excited to begin selling our Urban Juve products in pharmacies throughout Greece, Cyprus, Bulgaria, Romania and Serbia as we work with...
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Apple (AAPL) downgraded to Sell from Hold at Maxim with analyst Nehal Chokshi saying his survey data lead him to project iPhone revenue in fiscal Q2 that is 14% below consensus iPhone revenue that is 6% below below consensus for fiscal year 2020. He also expects operating profit to decline year-over-year due to his below consensus iPhone view. 2. Kraft Heinz (KHC) downgraded to Sell from Neutral at Goldman Sachs with analyst Jason English saying shares are up 15% since the company reported Q3 results on October 31. 3. Verizon (VZ), AT&T (T), and T-Mobile (TMUS) downgraded to Hold from Buy at HSBC. 4. Myomo (MYO) downgraded to Neutral from Buy at Roth below consensus for fiscal year 2020. He also expects operating profit...
Testimony from Fed Chair Jerome Powell Before the Joint Economic Committee, U.S. Congress, Washington, D.C.: The Economic Outlook. Excerpts: The U.S. economy is now in the 11th year of this expansion, and the baseline outlook remains favorable. Gross domestic product increased at an annual pace of 1.9 percent in the third quarter of this year after rising at around a 2.5 percent rate last year and in the first half of this year. The moderate third-quarter reading is partly due to the transitory effect of the United Auto Workers strike at General Motors. But it also reflects weakness in business investment, which is being restrained by sluggish growth abroad and trade developments.These factors have also weighed on exports and manufacturing this year. In contrast, household consumption has continued to rise solidly, supported by a healthy job market, rising incomes, and favorable...
The Walt Disney Company’s (NYSE:DIS) entry into the world of television and movie streaming did not go smoothly.
The company’s new streaming service, called "Disney Plus," went live Tuesday after months of promotion but encountered several problems in its debut. Only hours after its launch customers across the United States and Canada were reporting technical difficulties, after receiving multiple “unable to connect” error messages when trying to watch various shows.The service confirmed the glitches on Twitter, simply stating that demand "exceeded expectations." Disney added that they are working to resolve the problems. Most problems were focused in Eastern parts of Canada and the United States. Many Canadian users tweeted about the trouble — showing error messages along...
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