Nasdaq News

Tesla (NASDAQ:TSLA) posted a stronger than expected set of Q4 2019 results last week, driven by its expanding automotive sales and an uptick in the energy business. Revenues grew to $7.4 billion, marking an increase of 2% year-over-year and 17% sequentially. While Net Income

Bristol-Myers Squibb’s (NYSE: BMY) top 3 selling drugs (excluding that of Celgene) are Eliquis, Opdivo, and Orencia. These three drugs combined, likely accounted for three-fourths of the company’s total sales in 2019. However, with the Celgene acquisition, revenues are ex

Nokia (NYSE: NOK)) will release its Q4 and full-year 2019 results on Thursday, February 6. Trefis details expectations from the network equipment company in an interactive dashboard, parts of which we highlight below. We believe that Nokia will likely report an earnings beat f

U.S. Steel Corp (NYSE: X), one of the largest steel companies in the US, saw its revenue base erode by almost $1.3 billion in 2019. Total revenues declined by 8.8%, from $14.2 billion in 2018 to $12.9 billion in 2019. This decline was driven by a drop in shipments as well as l

Japan's SoftBank Group is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up.

With residents and courts ringing the alarm about depleted water supplies in Chile's Atacama salt flat, the world's top lithium miner Albemarle quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor.

(RTTNews) - Indian shares may open lower on Monday, with coronavirus worries and disappointing earnings results from the likes of Tata Steel and Mahindra & Mahindra likely to weigh on sentiment. Investors also await cues from the Delhi Assembly election results set to be dec

(RTTNews) - Exor (EXOSF.PK), which controls Fiat Chrysler, confirmed Sunday that it is in exclusive talks to sell reinsurer PartnerRe to France's Covéa. The deal could reportedly value PartnerRe at about $9 billion.

Taiwan's Foxconn has received approval to resume production at a plant in the northern Chinese city of Zhengzhou that had been shuttered due to a coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday.

Round-up of South Korean financial markets. South Korean shares fell on Monday as investors worried about the rising death toll in China from the coronavirus outbreak and the economic fallout from it. The won and the benchmark bond yield fell.

China's factory-gate prices snapped six months of year-on-year declines in January, although prolonged business closures from the coronavirus outbreak mean positive momentum is unlikely to persist.

Kia Motors is suspending production at its three car plants in South Korea due to a shortage of auto parts, a company official said on Monday.

Malaysia's economy is expected to expand by 4.5% this year, Prime Minister Mahathir Mohamad said on Monday, down from the government's initial estimate of 4.8%.

(RTTNews) - The Indonesia stock market has finished higher in four straight sessions, climbing almost 110 points or 1.9 percent along the way. The Jakarta Composite Index now rests just beneath the 6,000-point plateau although investors are likely to cash in on Monday.

(RTTNews) - The Japanese stock market is losing on Monday following the weak cues from Wall Street Friday and on concerns about the global economic impact of the coronavirus as China's death toll from the coronavirus outbreak has exceeded the global total from the SARS epidemic.

(RTTNews) - Valeritas Holdings Inc. (VLRX) and its subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The following table shows rates for Asian currencies against the dollar at 0149 GMT.

Gold prices edged up on Monday as rising concerns over the new coronavirus and its impact on global growth outweighed encouraging U.S. economic data and drove purchases of the metal.

Taiwan's air force scrambled on Sunday to intercept Chinese jets that flew around the island claimed by Beijing as its own, in a move denounced by Taiwan's Defence Ministry as a threat to regional peace and stability.

Oil prices on Monday extended their decline from an early January peak above $70 as the spectre of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world's largest oil importer.