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Reuters Company NewsApr 24, 2019
GLOBAL MARKETS-World shares fall as China stimulus worries offset upbeat Credit Suisse earnings
* Global shares performance year-to-date: https://tmsnrt.rs/2IERhC0

Reuters Company NewsApr 24, 2019
GLOBAL MARKETS-Asian shares fall despite strong Wall Street; oil retreats
Equity markets in Asia faltered on Wednesday amid losses in South Korea and uncertainty over China's plans for further stimulus as the economy shows signs of regaining its footing.

Google Business NewsApr 24, 2019
Credit Suisse's traders to be rewarded for a great quarter, bankers to get a pay cut - eFinancialCareers
Credit Suisse's traders to be rewarded for a great quarter, bankers to get a pay cut  eFinancialCareersCredit Suisse posts profit beat following three-year restructuring plan  CNBCCredit Suisse Ends String of Losses in Trading  BloombergWorld shares fall as China stimulus worries offset upbeat Credit...  ReutersWorld shares fall as China stimulus worries offset upbeat Credit Suisse earnings  Yahoo FinanceView full coverage on Google News

MarketWatch MarketPulseApr 23, 2019
Verizon's stock rallies after profit beat, raised guidance
Shares of Verizon Communications Inc. rallied 1.1% in premarket trade Tuesday, after the wireless, internet and TV services provider beat first-quarter profit expectations, while revenue was in line, and raised its outlook. Net income rose to $5.16 billion, or $1.22 a share, from $4.67 billion, or $1.11 a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS rose to $1.20 from $1.17, beating the FactSet consensus of $1.17. Revenue grew 1.1% to $32.13 billion, compared with the FactSet consensus of $32.15 billion. Total wireless revenue rose 3.7% to $22.7 billion, above the FactSet consensus of $22.5 billion, while wireline revenue fell 3.9% to $7.3 billion, matching expectations of $7.3 billion. Wireless retail postpaid net additions totaled 61,000, consisting of net losses of 44,000 phones and 156,000 tablets, and net additions of 261,000 other connected devices, primarily wearables. Postpaid smartphone net additions were 174,000. The company raised it guidance for 2019 adjusted EPS to show "low single-digit percentage growth" versus previous guidance that it would be "similar" to 2018. The stock has gained 3.8% year to date through Monday, while the SPDR Communications Services Select Sector ETF has run up 19.6% and the Dow Jones Industrial Average has hiked up 13.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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