Business

Intel Reports Growth in Data Centre, Cloud Businesses in Q3

However, investors were not pleased with Intel's revenue guidance concerning Q4, which has resulted in Intel stock slipping as much as 5 per cent in value in afterhours trading. Intel Corporation (NASDAQ: INTC ) stock is likely to take a hit after the company issued weak guidance for the current quarter. The long term debt/equity is now valued at 0.39 with a total debt/equity of 0.47.

Business

Samsung's losses from Note 7 disaster keep mounting

The firm's exploding smartphone scandal will now cost it at least £4.4billion - more than twice the profit hit it forecast earlier in the week. Samsung has cut its preliminary figure for the third-quarter operating profit from 7.8 trillion won to 5.2 trillion won to factor in the direct costs of 2.6 trillion won from the Note 7 exit in the third-quarter earnings.

Business

Goldberg Returns to WWE, Accepts Brock Lesnar's Challenge: 'You're Next … You're Last!'

In his return, Goldberg's promo was spot-on, sounding as intimidating as ever, but also sounding honest, especially when discussing how much he loves being a role model to all of the kids watching. The rumors of his retirement has always generated a euphoria among the fans who grew up watching most of their professional wrestling between 1997-2002, a period famously known as the "Attitude Era".

Business

BoC opens door slightly to rate cut

Statistics Canada said Tuesday manufacturing sales grew 1.2 per cent on a constant-dollar basis, reflecting an increase in the higher volume of goods sold. The government's enhanced child-benefit program, which started mailing cheques to families in the summer, is also expected to deliver a boost in the second half of 2016.

Business

Analysts Update Their Price Target On Finisar Corporation (NASDAQ:FNSR)

Hydrogenics Corp is a Canada-based company that provides hydrogen generation energy storage and hydrogen power modules to its customers and partners around the world. (NYSE:HRS) last announced its quarterly earnings data on Tuesday, August 2nd. Presently, Analysts measured mean EPS forecast of $1.25 for current quarter and thirty days ago mean EPS estimate was at $1.24.

Business

United Kingdom lawmakers press govt for say over Brexit talks with EU

The move caused the pound to bounce back after a torrid week, amid speculation that MPs may be able to soften the government's approach to Brexit, which now seems on course to take Britain out of the single market. Some lawmakers said they would not support triggering Article 50 until the government had set out more about its negotiating position and what kind of future relationship it was seeking with the EU.