Markets
Samsung expects all-time high operating profit in Q2
He expects Samsung's third-quarter operating profit to exceed 15 trillion won. Reuters reported the average forecast for the smartphone and chip-maker's second-quarter profit among analysts was 13.1 trillion won. The robust estimates reinforce expectations for best-ever earnings for Samsung this year, fuelled by a so-called memory chip supercycle. The Suwon-based company will also commit 6 tri... [Full Article...]
Tahoe Resources, Inc. (NYSE:TAHO) Cut to "Hold" at TD Securities
These analysts have also projected a Low Estimate of $0.07/share and a High Estimate of $0.14/share. Zacks Investment Research's earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Tahoe Resources. [Full Article...]
What Analysts Recommend on Glu Mobile Inc (GLUU)?
New Gold Inc. has a consensus hold rating from 17 Wall Street analysts, and the number of shares now sold short amount to at least 1.26% of shares outstanding. The legal version of this story can be viewed at https://sportsperspectives.com/2017/07/03/nationwide-fund-advisors-purchases-60168-shares-of-glu-mobile-inc-nasdaqgluu.html. [Full Article...]
Uber in-app driver tipping now available in select Canadian cities
The ride-sharing giant Uber has found itself in hot water yet again after The New York Times revealed it has taken money from New York drivers' paychecks. A recent report showed Uber driver retention dropped sharply in the past year. Uber's new features include tipping and not having Travis Kalanick as its CEO. [Full Article...]
Brexit should not end United Kingdom financial firms' access to European Union, says FCA
Watch the full Reuters Newsmaker here. Speaking at a Thomson Reuters event in the City of London today, Bailey said: "Some of the commentary on Brexit suggests that it must inevitably lead to restrictions on trade, on the location of activity in financial services and on open markets". [Full Article...]
ADP private payrolls rise less than expected
The report showed by ADP is jointly made with Moody's Analytics . The Labor Department uses its own survey of US employers - both private and public sector. The 6,000 jobs added in manufacturing were offset by losses of 2,000 jobs in construction and 4,000 in natural resources and mining. But that doesn't mean the labor market is in trouble. [Full Article...]
Kelechi Iheanacho included in Manchester City's pre-season squad
According to global online newspaper Breaking Times , Nigeria forward Kelechi Iheanacho has been named in the Citizens' pre-season side, despite reports stating he could be leaving the club. Leicester remain in talks to sign Iheanacho, but any proposed deal could not be agreed until he returns from holiday. Meanwhile, Leicester boss Craig Shakespeare is continuing to reshape a squad who won t... [Full Article...]
Dirk Nowitzki, Dallas Mavericks closing in on contract
This marks the third time Nowitzki, the face of the franchise, has given the Mavs a significant hometown discount. Nowitzki turned 39 last week and is poised to tie Los Angeles Lakers legend Kobe Bryant for the longest run in league history - 20 seasons - playing for only one team. [Full Article...]