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Coca-Cola signals uptrend on rise in sales volumes
Two weeks before, carbonated soft drink manufacturer Coca-Cola Company (NYSE: KO) reported its fiscal 2016 third-quarter results that beat the analysts’ estimates. However, the share price continues to remain stuck at $42 levels. The analysts attribute the 7% decline in
Read MoreRBS Creates A £400m Customer Compensation Scheme
The British banking major, the Royal Bank of Scotland (RBS) has set up a compensation scheme valued at £400 million to reimburse certain customers for the charges they paid after the UK’s financial regulatory body, the Financial Conduct Authority (FCA)
Read MoreBaidu turns weak on soft Q4 guidance
The shares of Baidu Inc (NASDAQ: BIDU), also referred to as China’s google, fell more than $10 to $171.56 in the past one week, even after reporting fiscal 2016 third-quarter earnings that topped the analysts’ estimates. The decline in revenues
Read MoreHong Kong Watchdog To Impose Sanctions On Standard Chartered
British Bank Standard Chartered has been hit with a number of fines from financial regulators during the last couple of years due to a number of procedural violations. The bank had to pay $300 million in fines after US watchdog
Read MoreFord turns bearish on soft FY16 outlook
One-time costs of $600 million associated with the replacement of faulty door latches took a toll on the fiscal 2016 third-quarter income of the automotive manufacturer Ford Motor Co. (NYSE: F). The company’s revenue and earnings topped consensus estimates. Ford
Read MoreHong Kong & India Concerned Over Rise In Counterfeit Currency
A rise in the circulation of fake currency in Hong Kong and India has now become a serious concern for the authorities. Police in Hong Kong have issued warnings to the public that counterfeit currency in small denominations is increasing
Read MoreUncertainty Over BoE Governor’s Term Worries Financial Experts
Speculation over the length of Mark Carney’s term as the governor of the Britain’s central bank, the Bank of England (BoE) has market analyst and financial experts concerned about the impact of his decision. Carney has said earlier that he
Read MoreeBay turns bullish on beating Q3 estimates
A short position in the form of a one touch put option was suggested in eBay Inc. (NASDAQ: EBAY) on September 13, with a target price greater than 29. The recommendation was given when the stock was trading at about
Read MoreUK FCA Proposes Significant Changes To Anti-Competitive Practices
UK’s regulatory body, the Financial Conduct Authority (FCA) is suggesting the introduction of several new rules that will restrict bankers from indulging in misleading behaviour that impacts competition in the industry. As a part of its final report reviewing the
Read MoreLoss of US media contracts keeps Publicis Groupe bearish
The advertising and public relations company Publicis Groupe S.A. (OTC: PUBGY) is due to release its fiscal 2016 third-quarter results on October 20. The company reported an increase in the fiscal 2016 first-half earnings and revenue, compared to the corresponding
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