Nasdaq News

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - Pembina Pipeline Corp. (PBA,PPL.TO) reported fourth quarter earnings of C$145 million, a 61 percent decrease from last year. Earnings per share were C$0.21, down from C$0.66 in the prior year.

Billionaire Andrew Forrest raised his stake in Fortescue Metals Group, snapping up a further A$242.9 million ($160.2 million) in the Australian iron ore miner he founded, and praised the group's environmental credentials.

Hong Kong publishing tycoon Jimmy Lai, an outspoken critic of Beijing, and two other pro-democracy activists were arrested by police on Friday on charges of illegal assembly, local media reported.

Coal accounted for 57.7% of China's primary energy consumption in 2019, the National Bureau of Statistics said on Friday, down 1.5 percentage points from the previous year as Beijing achieved its goal of reducing coal's share to below 58% a year early.

Hong Kong private home prices fell for the second straight month in January on low transaction volumes, easing 0.2% amid the emergence of the novel coronavirus in a property market already hit hard by anti-government protests in the last year.

The Australian and New Zealand dollars were heading for another week of losses on Friday as fears for the health of the global economy fuelled bets on aggressive rate cuts and drove local bond yields to all-time lows.

(RTTNews) - Dril-Quip Inc. (DRQ) reported that its net income for the fourth quarter of 2019 was $7.40 million or $0.21 per share, compared to a loss of $1.31 million or $0.04 per share in the prior year.

The Australian and New Zealand dollars were heading for another week of losses on Friday as fears for the health of the global economy fuelled bets on aggressive rate cuts and drove local bond yields to all-time lows.

Australia's prudential and corporate regulators are checking the contingency plans of banks and other financial institutions to prepare for a potential coronavirus pandemic which could severely disrupt economic and financial systems.

The dollar nursed losses on Friday after its worst day against the euro in nearly two years, as the global spread of the coronavirus fired up expectations for a U.S. rate cut and pushed the hunt for yield elsewhere.

Strategy simulation game "Plague Inc.", which surged in popularity in China when the coronavirus epidemic first started, has been removed from the China app store after regulators said it contained illegal content, its developer said on Thursday.

Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.

Global share markets headed for the worst week since the darkest days of the financial crisis in 2008 as investors braced for the coronavirus to morph into a pandemic and derail world economic growth.

Japan's factory output rose more than expected in January, in a sign of relief for an economy facing heightened risks of slipping into a recession as the coronavirus outbreak in China disrupts supply chains and business activity.

Turkey, faced with a possible new wave of Syrian migrants and dozens more dead Turkish soldiers in Idlib, will no longer stop Syrian refugees from reaching Europe, a senior Turkish official said as President Tayyip Erdogan chaired an emergency meeting.

What happened Even as the broader stock market plunged, shares of Elastic N.V. (NYSE: ESTC) soared 12.7% on Thursday after the search-centric software-as-a-service (SaaS) company announced strong fiscal third-quarter 2020 results.

Image source: The Motley Fool.