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Futures in New York on Monday rose to the highest intraday level since Nov. 20, after advancing 5.4 percent last week. Prices were also supported as Saudi Arabia pledges to cut its crude output beyond the level agreed with OPEC+ producers. "OPEC+ supply cuts are in the driving seat of further recovery in oil prices with Saudi Arabia leading by example," said Giovanni Staunovo, a commodity analyst at UBS Group AG in Zurich.
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations T-Mobile (TMUS) stock offers a potential upside of ~15.0% going forward compared to its current market price of $70.50. Wall Street
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations AT&T (T) stock offers a potential upside of ~13.3% going forward compared to its current market price of $29.79. Wall Street analysts
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Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
How Top Telecommunications Stocks Are Faring in FebruaryAnalysts’ recommendations Verizon (VZ) stock offers a potential upside of ~9.5% going forward compared to its current market price of $54.03. Wall Street analysts have given Verizon a mean
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ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Among the select committee’s recommendations was the insistence that the Competition and Markets Authority, Britain’s antitrust authority, conduct a “deep audit of the advertising market on social media.” A governmental review into the sustainability of the news industry made a similar suggestion last week. Britain’s divorce from the European Union could seriously impair its capacity to rein in the giants of U.S. tech. For all the concerns over the flow of fake news, the widespread gathering of data from both users and non-users, the slapdash approach to handling that information and broader concerns about the impact on society, culture and mental health, it’s easy to overlook that everything at Facebook and Google comes down to one thing: programmatic advertising.
British lawmakers issued a scathing report Monday that calls for tougher rules to keep Facebook and other tech firms from acting like "digital gangsters" and intentionally violating data privacy and competition laws. The report on fake news and disinformation on social media sites followed an 18-month investigation by Parliament's influential media committee. The committee recommended that social media sites should have to follow a mandatory code of ethics overseen by an independent regulator to better control harmful or illegal content.
Key Updates from Amazon, eBay, and Alibaba(Continued from Prior Part)eBay initiates quarterly dividend eBay (EBAY) is planning to pay $0.14 per share in dividends to its shareholders in March, which will mark eBay’s first-ever dividend payment. The
Regulators are hitting the likes of Alphabet Inc.’s Google and Facebook Inc. with a flurry of antitrust fines and data-privacy probes, implying that they regard tech billionaires as more John D. Rockefeller than Nikola Tesla. The end-game, according to Brussels’ top data watchdog, is to make sure new startups aren't blown out of the water by Big Tech (or gobbled up), which should ultimately benefit consumers by allowing them more choice. Tackling this so-called “kill zone,” where fledgling tech companies are acquired or copied out of existence by deep-pocketed incumbents, is a prime ambition for European Data Protection Supervisor Giovanni Buttarelli, nicknamed “Mr GDPR” after the data-privacy law.
What's the Outlook for Verizon in 2019?(Continued from Prior Part)Verizon’s moving averages Now let’s take a look at Verizon’s (VZ) technical aspects and compare them to its peers in the telecom space. Recently, Verizon stock went below its
“While this administration hasn’t prioritized support for democracy and human rights, we must not lose heart and we must not lose focus,” Menendez said during a speech to the German Marshall Fund in Brussels. Menendez spoke in the heart of the EU two days after Vice President Mike Pence castigated European nations for not falling into line behind the U.S. on issues like the Iran nuclear deal and China’s efforts at technological expansion. The speech also comes after Trump threatened to release Islamic State fighters that would “permeate Europe” if France, Germany and the U.K. didn’t step up their roles in Syria.
Richard Kinder followed up stock buys earlier this year by buying an additional $12.9 million of shares of the energy-infrastructure firm on the open market.
Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the industry, with fines for companies to be calculated based on their revenue. “Companies like Facebook exercise massive market power which enables them to make money by bullying the smaller technology companies and developers who rely on this platform to reach their customers,” Collins said in a statement Monday.
Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday (February 18). Lauren Anthony reports.