SoftBank Profit Tops Estimates Amid Shift Into Deals, Investing – Bloomberg

SoftBank Profit Tops Estimates Amid Shift Into Deals, Investing – Bloomberg

SoftBank Group Corp.’s earnings are starting to reflect its transition into a company that invests and makes deals. Operating profit was 479.3 billion yen ($4.3 billion), topping analysts’ projections, in the fiscal quarter ended June, as U.S. unit Sprint Corp. returned to profit for the first time in three years. Sales came in at 2.19 trillion […]

Canaccord Genuity Reaffirms Buy Rating for Apple Inc. (AAPL) – Markets Daily

Apple Inc. (NASDAQ:AAPL)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a research report issued on Monday, July 10th. They presently have a $180.00 target price on the iPhone maker’s stock. Canaccord Genuity’s target price points to a potential upside of 15.10% from the stock’s current […]

Nissan Workers in Mississippi Reject Union Bid by UAW – New York Times

Nissan Workers in Mississippi Reject Union Bid by UAW – New York Times

Nissan also pays a roughly similar percentage of employees’ incomes into their retirement accounts as do the Michigan automakers. Before coming to Nissan more than 14 years ago, “I didn’t have a 401(k), I had one week of vacation,” said Marvin Cooke, a Nissan paint technician who was previously an assistant manager at a Shoney’s […]

World stocks slip as tech shares crumble after Dow breaks 22000 – Reuters

LONDON (Reuters) – World stock markets fell on Thursday, led by a tumble in tech shares as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7 percent, with South Korea’s […]