Friday, July 31, 2020

Owner of UK chip firm Arm reportedly in talks about sale to Nvidia

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Japan’s SoftBank could offload semiconductor maker within weeks for at least $32bn The UK-based microchip designer Arm is the subject of “a...

Stock Alert: Pinterest Climbs 28% After Q2 Results

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Shares of Pinterest, Inc. (PINS), a social media web and mobile application company, are rising 28 percent or $7.16 in Friday's morning ...

Swiss Re Slips To H1 Loss, Says Confident In Outlook; Stock Up

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Reinsurer Swiss Re reported Friday a loss in its first half, compared to prior year's profit, mainly reflecting claims and reserves rela...

Upbeat Tech Earnings May Lead To Initial Strength On Wall Street

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The major U.S. index futures are currently pointing to a higher open on Friday, with the Nasdaq futures showing a particularly strong upward...

Imperial Oil Q2 Loss Narrower Than Estimates, But Revenues Miss - Quick Facts

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Imperial Oil Ltd. (IMO, IMO.TO) on Friday reported net loss for the second quarter of C$526 million or C$0.72 per share, compared to net inc...

VF Corp. Sees Q2 Revenue Down Less Than 25% - Quick Facts

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While reporting its financial results for the first quarter on Friday, VF Corp. (VFC) said that it is not possible to provide a financial ou...

Fiat Chrysler Automobiles Posts Loss From Cont. Ops. In Q2; Net Revenues Down 56%

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Fiat Chrysler Automobiles NV (FCAU) reported a second quarter loss from continuing operations of 1.05 billion euros compared to profit of 79...