BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'bill billion'. (Return)

MarketWatch MarketPulseApr 25, 2018
Check Point stock tumbles after quarterly, full-year forecasts disappoint
Shares of security software company Check Point Software Technologies Ltd. are down 7.3% in Wednesday morning trading after the company lowered its full-year outlook and delivered a disappointing forecast for the second quarter. The company expects revenue of between $445 million and $475 million for the second quarter, whereas analysts tracked by FactSet were projecting $477 million. The company also lowered its full-year revenue outlook to between $1.85 billion and $1.93 billion. On Check Point's prior earnings call, the company forecast revenue of between $1.9 billion and $2 billion. CEO Gil Shwed said on Wednesday's call that "our overall sales are softer than what I would have hoped to see." Check Point's outlook overshadowed a slight earnings beat for the March quarter. Shares of other cybersecurity software companies including Fortinet Inc. and Palo Alto Networks Inc. are down as well. Check Point's stock is off 10.7% over the past 12 months, compared with a 9.4% gain for the S&P 500 .

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.



Wall Street Journal US BusinessApr 25, 2018
Takeda Nears Shire Deal as Japanese Companies Chase Growth Overseas
Takeda is near a deal worth more than $60 billion to buy European drugmaker Shire, having raised its bid four times in a sign of how ardently Japan's legacy companies are pursuing growth abroad as sales at home slow.

Wall Street Journal US BusinessApr 25, 2018
Comcast Pursues Sky, Sizes Up Bigger Move for Fox Assets
Comcast has formally submitted a $31 billion bid to buy Sky, prompting the European pay-TV operator to drop its backing for a takeover by Fox and setting up a bidding war for the company.

Google Business NewsApr 25, 2018
Boeing Shakes Off Trade-War Jitters as Cash Gain Beats Estimates - Bloomberg

Bloomberg


Boeing Co. rose as better-than-expected cash and profit signaled that trade tensions haven't yet hurt the largest U.S. exporter's planemaking business. Free cash flow climbed to $2.74 billion, the company said in a statement Wednesday. That topped the
Boeing crushes earnings estimates, raise


NYTimes BusinessApr 25, 2018
Comcast Starts Bidding War With 21st Century Fox for Sky
A $30.7 billion offer for Sky puts the American cable giant in a takeover battle with Rupert Murdoch for control of the British broadcaster.

MarketWatch Breaking NewsApr 25, 2018
Comcast bids $30 billion for Sky, trumping Fox's offer
Comcast bids $30 billion for Sky, trumping Fox's offer

RELATED ARTICLES
Comcast offers $31 billion for Sky, going head-to-head with Fox (Reuters Business)

MarketWatch MarketPulseApr 25, 2018
Sirius shares surge after Q1 profit beat
Sirius XM Holdings Inc. shares rose 2% in premarket trade Wednesday after the company reported a first-quarter profit beat. Earnings for the latest quarter rose to $289 million, or 6 cents per share, from $207 million, or 4 cents per share in the year-earlier period. The FactSet adjusted earnings-per-share consensus was 5 cents. Revenue rose to $1.38 billion from $1.29 billion, compared with the FactSet consensus of $1.38 billion. Revenue growth was driven by the company's increase in subscribers, with total subscribers now coming to about 33.1 million. Because of a new revenue recognition accounting standard, Sirius said it reclassified about $24 million in revenue to offset expenses mostly related to automaker agreements. Sirius shares have surged 8.7% over the last three months to $6.27, compared with a 7.2% drop in the S&P 500 .

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.



Reuters BusinessApr 25, 2018
GM may raise investment plan for South Korean unit: source
SEOUL (Reuters) - General Motors Co and the South Korean government are considering raising the size of their investment in the U.S. automaker's South Korean subsidiary from a previously proposed $2.8 billion, a senior government official with direct knowledge of the matter said on Wednesday.

Google Business NewsApr 25, 2018
Shire bid marks Takeda's latest - and biggest - push for global status - Reuters

Reuters


TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd's (4502.T) $64 billion bid for London-listed rare disease specialist Shire Plc (SHP.L) bolsters its credentials as Japan's most outward facing drugs firm, a mould-breaking image that has been more than a


Reuters BusinessApr 24, 2018
GM, South Korea weigh raising investment plan in unit from $2.8 billion: source
SEOUL (Reuters) - General Motors and South Korea are considering increasing the size of their investment in the U.S. automaker's local unit from a previously proposed $2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday.
TRENDING TAGS
earningsQ1 Shares Stock beat Stocks
TrumpTrade Deal Iran China talks
Chinatrade Trump will banks talks
Stocksearnings Dow yields Wall Street
Boeingearnings Guidance Estimates Dow futures
stockearnings Dow Market Wall Street
TwitterEarnings stock profitable Boeing users
dealShire Takeda Iran Trump Briefing
marketStock yields 3% Stocks 10-year
ComcastSky Fox bid Murdoch offer

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact

©1999-2018 CEOExpress Company LLC