HONG KONG (Reuters Breakingviews) - The next iPhones will test China’s ability to restart its economy. Apple supplier Foxconn, formally known as Hon Hai Precision Industry, is re-opening a key Chinese plant as authorities ease curbs. But the handset-maker and other com
Three-year-old independent film distributor Neon upstaged the traditional Hollywood studios and streaming giant Netflix Inc on Sunday to grab the coveted best picture Oscar for South Korean have-and-have-nots tale "Parasite."
German software company TeamViewer on Monday posted 46% growth in fourth-quarter core profit and said it expected billings to rise between 430 million euros and 440 million euros($471 million-$482 million) in 2020.
(RTTNews) - Eli Lilly and Company (LLY) said the DIAN-TU Study showed that solanezumab did not meet the primary endpoint. The goal of the phase 2/3 randomized, double-blind, placebo-controlled study was to test potential disease-modifying therapies in individuals at risk for or
(RTTNews) - Carl Zeiss Meditec AG (CZMWF.PK), a German manufacturer of optical systems, reported Monday that its first-quarter earnings per share rose to 0.43 euro from prior year's 0.32 euro.
The Turkish lira rebounded to below 6 against the dollar on Monday, erasing much of Friday's sharp losses, after a regulator cut the limit for Turkish banks' forex swap, spot and forward transactions with foreign entities to 10% of their equity.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the gantenerumab arm of the Phase II/III DIAN-TU-001 study did not meet its primary endpoint in people who have an early-onset, inherited form of Alzheimer's disease.
Chinese shares snapped a four-session gaining streak on Monday as concerns around the coronavirus outbreak intensified after the death toll crossed 900.
An Australian antitrust investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG denied acting with "impropriety" when presented with communications between the regulator and informants' lawyers.
(RTTNews) - Tech Data Corp. (TECD) announced late Sunday that Bangalore, India-based Inflow Technologies has exercised its right to withdraw from closing its acquisition by Tech Data.
Samsung Electronics, the world's top smartphone maker, gave a glimpse of new square-shaped foldable phones in a surprise TV commercial aired during the Academy Awards on Sunday.
Japanese government bond prices gained on Monday as worries about the coronavirus epidemic supported perceived safe haven assets, despite an effective cut in the Bank of Japan's buying in long-dated bonds.
(RTTNews) - Indian shares followed their Asian peers lower on Monday as the death toll from the coronavirus outbreak surpassed the SARS epidemic, prompting Goldman Sachs to cut its Q1CY20 real GDP growth forecast for China to 4 percent from 5.6 percent earlier.
Asian currencies lifted a little on Monday amid some early signs that the spread of the coronavirus epidemic could be slowing down and as some big businesses resumed work in China after the Lunar New Year holiday.
Juniper Networks (NYSE: JNPR) is undergoing a significant transformation to its core business due to a prolonged slowdown in spending by service providers, which weighed on its results for most of 2019. However, things turned better for the technology hardware company in Q4 20
Motorola Solutions (NYSE: MSI) will release its Q4 and full-year 2019 results on Thursday, February 6. Trefis details expectations about the global communications provider in an interactive dashboard, parts of which we highlight below. We believe that Motorola will most likel
Ericsson (NASDAQ: ERIC) is transforming its core Networks and Digital Services business to achieve sustainable growth. After a couple of years of turmoil, the telecom technology company returned to profitability in 2019, led by its Networks division, which continues to witnes
Yes, as per Trefis estimates, VMware’s (NYSE:VMW) stock has a fair value of $163, which is roughly 10% higher than the current market price. VMware makes money from the sale of software and services for data center management, hybrid cloud computing, remote access, and
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