Jeff Bezos adds $13B to net worth, largest single-day increase

Protesters outside Amazon’s Jeff Bezos’ home set up guillotine FOX Business’ Cheryl Casone gives details on demonstrators setting up a guillotine in front of Amazon CEO Jeff Bezos’ home. Amazon founder and CEO Jeff Bezos' added $13 billion to his net worth on Monday, according to the Bloomberg Billionaire Index. Continue Reading Below Ticker Security Last Change Change % AMZN AMAZON.COM INC. 3,196.84 […]

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5 things to know before the stock market opens Friday

Dow futures were pointing to a modest gain at Friday's open, one day after the blue chip average snapped a four-session winning streak with a 0.5% drop. Daily coronavirus cases in the U.S. hit another record, topping 77,000 on Thursday. Florida on Thursday reported its third straight day of over 11,000 of new infections, another state record. Sagging tech stocks pushed […]

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Netflix Releases All-Time Top 10 Original Movie List, Topped By ‘Extraction’

Extraction has come out on top of the first ranking of original movies released by Netflix, with a company-reported 99 million viewers in its first four weeks on the streaming service. Netflix, which reports its second-quarter earnings Thursday, has 183 million global subscribers. Its sizable subscriber gains in recent quarters tilt the list (see it below) toward movies released recently. […]

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Boeing net orders slump to lowest in decades

David Calhoun takes the yoke of Boeing as CEO amid 737 Max concerns David Calhoun takes the helm of Boeing as CEO with a $7 million bonus incentive to get the 737 Max back in the air. FOX Business’ Kristina Partsinevelos with more. (Reuters) – Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers […]

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Richemont net profit up on one-off gain, sales up

Compagnie Financiere Richemont SA (CFR.EB) said Friday that its net profit for the year ended March 31 rose on a one-off gain. The Swiss luxury-goods group said net profit for fiscal 2019 was 2.79 billion euros ($3.12 billion), up from EUR1.22 billion the previous year. Analysts had seen Richemont’s net profit at EUR2.96 billion, according to a consensus estimate provided […]

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The Latest: Net migration into UK from EU at near-decade low

The Latest on Brexit negotiations (all times local): Continue Reading Below 2:30 p.m. Official figures show that net migration into Britain from the other 27 European Union countries has fallen to near-decade lows, suggesting that Brexit uncertainty is making the country a less attractive place to work. The Office for National Statistics said Thursday that though the number of EU […]

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Colgate-Palmolive Q4 Results Beat View; Sees Lower Earnings In FY19

Colgate-Palmolive Co. (CL) on Friday reported a nearly 88 percent surge in profit for the fourth quarter from last year, as a decline in sales was more than offset by higher one-time charges in the year-ago period. Both, revenue and adjusted earnings per share beat analysts’ expectations. Looking ahead, the company projects a decline in earnings for fiscal 2019. The […]

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Netflix Earnings Tops Wall Street, But Revenues Fall Short

Online-video streaming service Netflix Inc. (NFLX), Thursday reported a fourth-quarter profit that dropped from last year, as subscriber additions came in below expectations. Earnings for the quarter trumped Wall Street estimates, but revenues fell short. Netflix added 8.84 million subscribers globally in the quarter, falling short of its forecast of 9.40 million, to end the quarter with 139.26 million subscribers. […]

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Colgate-Palmolive Q4 Results Beat View; Sees Lower Earnings In FY19

Colgate-Palmolive Co. (CL) on Friday reported a nearly 88 percent surge in profit for the fourth quarter from last year, as a decline in sales was more than offset by higher one-time charges in the year-ago period. Both, revenue and adjusted earnings per share beat analysts’ expectations. Looking ahead, the company projects a decline in earnings for fiscal 2019. The […]

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Exxon Mobil, Chevron Shares Rise As Q3 Profits Beat Estimates

Oil majors Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) on Friday reported sharp increase in third-quarter profits from last year on strong revenue growth that reflected higher crude oil prices. Exxon Mobil’s revenues and adjusted earnings as well as Chevron’s earnings beat analysts’ expectations, while Chevron’s revenues missed their estimates. Shares of both companies are rising in pre-market activity. […]

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