Japan brokers readying for new client surge ahead of SoftBank’s mammoth IPO
Japan’s stockbrokers are rubbing their hands ahead of SoftBank’s record-breaking $21 billion share sale, banking on the telco’s brand power and unprecedented marketing campaign to boost business in a country replete with IPO-hungry investors.
Dell posts revenue jump ahead of voting on VMware offer
Dell Technologies Inc reported a 15 percent rise in quarterly revenue on Thursday, as businesses were forced to upgrade their systems running on older Windows technology and on strong performance by software maker VMware.
Fed retunes message for 2019, opening door to ‘slow down’
With the Federal Reserve expected next month to raise rates to what some U.S. central bankers believe is at or near a neutral level, Chairman Jerome Powell is retuning his message to signal a more cautious approach on further rate hikes next year.
German car bosses finalizing White House meeting next week
Top executives from German carmakers Volkswagen , BMW and Daimler are finalizing plans for a White House meeting on trade policy next week, German and U.S. officials said on Thursday.
World shares mixed as markets consider Fed, Trump impact
Wall Street seesawed on Thursday, dragged down late in the day by technology and financial stocks, while the dollar and the U.S. yield curve flattened in the wake of U.S. Federal Reserve news.
Dell posts 15 percent rise in revenue on strong PC sales
Dell Technologies Inc posted a 15 percent rise in quarterly revenue on Thursday, helped by businesses upgrading their systems ahead of Microsoft pulling the plug on Windows 7 support.
HP Inc tops revenue estimates on growth in personal systems business
HP Inc’s quarterly revenue beat analysts’ estimates on Thursday, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung’s printer business.
AT&T forecasts 2019 free cash flow above estimates
AT&T Inc forecast 2019 free cash flow above analysts’ expectations, as the No. 2 U.S. wireless carrier benefits from the acquisition of media company Time Warner.
Wall Street edges down as tech, bank stocks weigh
Wall Street closed slightly lower on Thursday as tech and financial shares slumped, erasing earlier gains stemming from Federal Reserve minutes showing the central bank opened the debate on when to pause further interest rate hikes.
Oil rises as Russia indicates open to cuts with OPEC
Oil reversed course and rose as much as 2 percent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week.
