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Posts published in “Stocks”

Expert: Putin’s Ukraine war keeps yielding dividends – but not for him

On June 23, 2023, 16 months into Russia's war with Ukraine, Yevgeny Prigozhin, leader of Russia's now disbanded potent mercenary fighting force and a protégé of Russian President Vladimir, turned his troops on the Russian military and, ostensibly, the Kremlin itself. Within 24 hours, though, Prigozhin had aborted his march to Moscow and turned his

HSBC board recommends shareholders vote against spin-off resolution

HONG KONG, April 3 (Reuters) - HSBC Holdings Plc's (HSBA.L) board is unanimous in recommending that shareholders vote against proposals to restructure the bank and pay fixed dividends, its chairman, Mark Tucker, told Hong Kong shareholders on Monday.The comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group

Glencore Shareholders Get Mad After Getting Paid

Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger - May 26, 2023, 11:30 AM CDT A third of Glencore's shareholders failed to accept the company's climate progress report at today's meeting, demanding additional information. This, after

Apple’s iPhone Sales Exceed Expectations in Q2 Earnings Report

Apple Earnings Highlights Apple beats Wall Street’s expectations for earnings per share and revenue iPhone sales boost better-than-expected performance Mac and iPad sales fall further than expected on parts shortage Services business shows 5.45% annual increase in revenue Apple’s greater China business reports $17.81B sales, down from last year $90 billion in share repurchases and

Intel posts biggest quarterly loss in company history as processor sales plunge

TechSpot is celebrating its 25th anniversary. TechSpot means tech analysis and advice you can trust. Bottom line: Unlike other tech giants like Microsoft and Google, Intel's bottom line is hurting this year. The company saw a $2.8 billion loss in Q1 – the worst in its history and a major hit at a time when it is