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Shell Raises Dividend as Profit Beats Expectations
(Bloomberg) -- Royal Dutch Shell Plc raised its dividend and pledged to grow the payout steadily, just six months after slashing it for the first time since the Second World War.Amid a painful year for Big Oil, the Anglo-Dutch energy giant offered investors some good news. It also reported a larger-than-expected profit for the third […]
U.S., Europe Futures Recover; Stocks Drop in Asia: Markets Wrap
(Bloomberg) -- U.S. and European futures rebounded from the worst of Wednesday’s declines, though Asian shares retreated as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic.Losses were more modest across Asia than in the American session, with shares in Australia faring worst and those in China rising. […]
U.S. Stocks Set for Rebound After Worst Selloff in Four Months
(Bloomberg) -- U.S. stock futures are pointing to a rebound in the S&P 500 Index after concerns over coronavirus infections and tougher lockdowns Wednesday spurred the gauge’s worst decline in more than four months.S&P 500 contracts expiring in December jumped 1.4% as of 6:30 a.m. in London. Contracts on the Nasdaq 100 and Dow Jones […]
Nokia cuts full-year profit forecast, sets new strategy
Nokia cut its full-year profit forecast on Thursday even as the telecom network equipment maker's quarterly underlying profit met expectations in its first earnings under new CEO Pekka Lundmark. The Finnish firm also announced a new strategy under which it will have four business groups: mobile networks, IP and fixed networks, cloud and network services […]
AB InBev beer sales revive, but interim dividend scrapped
Anheuser-Busch InBev, the world's largest brewer, reported a surprise increase in third-quarter beer sales on Thursday, although profits dipped and it scrapped its interim dividend. The maker of Budweiser, Stella Artois and Corona lagers gave no specific guidance for 2020, but said it expected the second half of the year to be better than the […]

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