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China's Huawei books record sales in its smartphone business

BEIJING/HONG KONG (Reuters) - China's Huawei Technologies Co Ltd said on Thursday its consumer business sales exceeded a record $52 billion in 2018, on strong demand for its premium smartphones, even as it continued to face heightened global scrutiny of its activities. The jump of around 50 percent in the technology giant's consumer business revenue saw that unit replace its carrier business as its largest segment by sales, Richard Yu, the head of the consumer division, said in Beijing. The firm has been using its chipsets in its high-end phones and server products, though it has said it has no intention to become a standalone semiconductor vendor that competes against the likes of...

U.S. sanctions on Venezuela would reroute crude, leave refiners short

Potential U.S. sanctions on Venezuela's crude oil exports would cut off the nation from Gulf Coast refiners that are among its biggest customers, likely forcing it to send more crude to China, India or other Asian countries, traders said on Wednesday. U.S. refineries that depend on Venezuela's heavy crude would have even more trouble securing supplies as Canadian and Mexican crudes are often not as discounted and are limited in availability. The United States is considering moves to cripple Venezuela's oil shipments, which account for nearly all of the country's exports, in response to the reelection of President Nicolas Maduro that was widely viewed as a sham.

U.S. weighs oil sanctions on Venezuela as it steps up pressure
U.S. weighs oil sanctions on Venezuela as it steps up pressure

With street protests against Maduro under way across Venezuela, President Donald Trump said the United States recognized Juan Guaido, head of the opposition-controlled National Assembly congress, as the country's leader and called socialist Maduro's government "illegitimate." In response, Maduro said he was breaking diplomatic relations with the United States and giving U.S. embassy personnel 72 hours to leave Venezuela. The United States, however, rejected Maduro's move to cut ties, saying it did not think he had the authority to sever ties and it would conduct relations with a government led by Guaido. A senior U.S. official, speaking on condition of anonymity, warned Maduro and his...

Kimberly-Clark (KMB) Q4 2018 Earnings Conference Call Transcript
Kimberly-Clark (KMB) Q4 2018 Earnings Conference Call Transcript

KMB earnings call for the period ending December 31, 2018.

Australia demands China treat detained national
Australia demands China treat detained national 'fairly'

Australia on Thursday demanded China handle the case of detained author Yang Hengjun "transparently and fairly," amid a growing row about the fate of the Chinese-Australian. Yang -- a novelist, democracy advocate and former Chinese diplomat -- was detained shortly after he made a rare return to China from the United States last week. Friend and colleague Chongyi Feng told AFP he believes Yang is being charged with "espionage" although Chinese authorities have not publicly said why he was detained.

Wayfair in 3 Charts
Wayfair in 3 Charts

These three metrics show how Wayfair is paving the way for dominance in the home goods market.

Here's How Much You Really Need To Save For Early Retirement
Here's How Much You Really Need To Save For Early Retirement

Lazy mornings. Sandy beaches. The joyful noise of grandchildren playing.

Better Buy: Enbridge Inc. vs. Enterprise Products Partners L.P.
Better Buy: Enbridge Inc. vs. Enterprise Products Partners L.P.

If you are looking to generate income from the energy space, Enbridge and Enterprise should both be on your short list. Which is better?

Why Netflix Won't Start Paying a Dividend in 2019
Why Netflix Won't Start Paying a Dividend in 2019

Despite substantial profits, the streaming video giant has better uses for its cash.

Where could President Trump give his State of the Union address? Here are some options
Where could President Trump give his State of the Union address? Here are some options

After being disinvited from giving his State of the Union address on the House floor, President Trump is scouting for a new venue to give the annual address.

Ford Motor Company (F) Q4 2018 Earnings Conference Call Transcript
Ford Motor Company (F) Q4 2018 Earnings Conference Call Transcript

F earnings call for the period ending December 31, 2018.

NextGen Healthcare (NXGN) Q3 2019 Earnings Conference Call Transcript
NextGen Healthcare (NXGN) Q3 2019 Earnings Conference Call Transcript

NXGN earnings call for the period ending December 31, 2018.

Can NVIDIA Recover in 2019?
Can NVIDIA Recover in 2019?

NVIDIA had a terrible, no-good 2018, but 2019 looks to be much better. Here's why.

'Fat Finger' Blamed as Centuries-Old Conglomerate Loses $41 Billion

It recovered all those losses and was trading 0.5 percent higher as of 10:43 a.m. in Singapore. "Looking at the price recovery, it looks like a fat finger at the moment until we have more updates," said Marc Tan, a research analyst at KGI Securities Pte. The group is aware of that an electronic trading error occurred and that "the exchange should have now stepped in to sort out the issues," Jessie Tsui, a spokesperson for the conglomerate, said by e-mail.

Asian shares subdued as U.S. political standoff, ECB decision eyed
Asian shares subdued as U.S. political standoff, ECB decision eyed

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 percent. Australian shares were flat while Japan's Nikkei was last down almost half a percent after moving between positive and negative territory. China's blue-chip CSI300 shed 0.3 percent while Hong Kong's Hang Seng Index gave up two-tenths of a percent.

Citrix Systems Inc (CTXS) Q4 2018 Earnings Conference Call Transcript
Citrix Systems Inc (CTXS) Q4 2018 Earnings Conference Call Transcript

CTXS earnings call for the period ending December 31, 2018.

CEOs sour on Trump policies, warn they hurt business, investment
CEOs sour on Trump policies, warn they hurt business, investment

From centre-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. Foreign direct investment to the United States fell in 2018, and companies gathered at the World Economic Forum in the Swiss Alps this year say they are worried Trump's trade war with China will dampen the global economy and business investments even further. One key complaint here this week: Companies increasingly reliant on consumers in China have had to lower their earnings outlooks as the world's second-largest economy cools.

PTC Inc (PTC) Q1 2019 Earnings Conference Call Transcript
PTC Inc (PTC) Q1 2019 Earnings Conference Call Transcript

PTC earnings call for the period ending December 29, 2018.

Aspen Technology Inc (AZPN) Q2 2019 Earnings Conference Call Transcript
Aspen Technology Inc (AZPN) Q2 2019 Earnings Conference Call Transcript

AZPN earnings call for the period ending December 31, 2018.

Blood pressure medication recall over cancer risk expanded for more losartan drugs
Blood pressure medication recall over cancer risk expanded for more losartan drugs

Torrent Pharmaceuticals said six more lots of losartan potassium and hydrochlorothiazide tablets contain trace amounts of a probable human carcinogen.

Viacom Just Made a $340 Million Bet on the Future of Streaming TV
Viacom Just Made a $340 Million Bet on the Future of Streaming TV

The media giant just acquired Pluto TV. Here's what investors need to know.

F5 Networks Inc (FFIV) Q1 2019 Earnings Conference Call Transcript
F5 Networks Inc (FFIV) Q1 2019 Earnings Conference Call Transcript

FFIV earnings call for the period ending December 31, 2018.

Does Chen Hsong Holdings Limited (HKG:57) Have A Place In Your Dividend Stock Portfolio?
Does Chen Hsong Holdings Limited (HKG:57) Have A Place In Your Dividend Stock Portfolio?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, Chen Hsong Holdings Limited (HKG:57) has Read More...

Oil prices steady, but global growth worries hold sway
Oil prices steady, but global growth worries hold sway

SYDNEY (Reuters) - Oil prices steadied on Thursday, but concerns over global growth and a sharp rise in U.S. stocks kept the market under pressure.

Texas Capital Bancshares, Inc. (TCBI) Q4 2018 Earnings Conference Call Transcript
Texas Capital Bancshares, Inc. (TCBI) Q4 2018 Earnings Conference Call Transcript

TCBI earnings call for the period ending December 31, 2018.

What Type Of Shareholder Owns Subex Limited
What Type Of Shareholder Owns Subex Limited's (NSE:SUBEX)?

A look at the shareholders of Subex Limited (NSE:SUBEX) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusual to Read More...

Why Ford's Operating Profit Dropped 28% in 2018
Why Ford's Operating Profit Dropped 28% in 2018

Overseas woes are just part of the story.

Did Centuria Metropolitan REIT (ASX:CMA) Use Debt To Deliver Its ROE Of 14%?
Did Centuria Metropolitan REIT (ASX:CMA) Use Debt To Deliver Its ROE Of 14%?

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...

Is Victory City International Holdings Limited (HKG:539) Struggling With Its 4.4% Return On Capital Employed?
Is Victory City International Holdings Limited (HKG:539) Struggling With Its 4.4% Return On Capital Employed?

Today we'll look at Victory City International Holdings Limited (HKG:539) and reflect on its potential as an investment. To be precise, we'll consider its Return On Capital Employed (ROCE), as Read More...

Southern Missouri Bancorp Inc (SMBC) Q2 2019 Earnings Conference Call Transcript
Southern Missouri Bancorp Inc (SMBC) Q2 2019 Earnings Conference Call Transcript

SMBC earnings call for the period ending December 31, 2018.

Time to
Time to 'get angry', teen climate activist says in Davos

Her train journey from Sweden took 32 hours, but Greta Thunberg is not tired. The teenager is dead-set in her mission to persuade the global elite in Davos to take climate action. The 16-year-old has galvanised protests by schoolchildren around the world, after delivering a fiery speech to world leaders at last month's UN climate talks in Poland.

Why We
Why We're Not Impressed By Wong's Kong King International (Holdings) Limited's (HKG:532) 10% ROCE

Today we'll look at Wong's Kong King International (Holdings) Limited (HKG:532) and reflect on its potential as an investment. In particular, we'll consider its Return On Capital Employed (ROCE), as Read More...

NVE Corp (NVEC) Q3 2019 Earnings Conference Call Transcript
NVE Corp (NVEC) Q3 2019 Earnings Conference Call Transcript

NVEC earnings call for the period ending December 31, 2018.

Read This Before Buying Repco Home Finance Limited (NSE:REPCOHOME) Shares
Read This Before Buying Repco Home Finance Limited (NSE:REPCOHOME) Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...

PG&E: Judge
PG&E: Judge's proposals for fire risk could cost up to $150B

SAN FRANCISCO (AP) - Proposals by a U.S. judge to prevent Pacific Gas & Electric Co. equipment from causing more wildfires would endanger lives, could cost as much as $150 billion and would interfere with the work of federal and state regulators, the utility said Wednesday in a court filing urging the judge not to impose the measures.

Ex-Theranos CEO Elizabeth Holmes says
Ex-Theranos CEO Elizabeth Holmes says 'I don't know' 600+ times in never-before-broadcast deposition tapes

This was testimony, obtained by ABC News "Nightline," that has never been broadcasted until now. "Did it concern you that a number of tests weren't working on Theranos' devices?" an SEC attorney asked Holmes. "I know that we made mistakes," Holmes replied.

Texas Instruments, other chip maker results spark rally
Texas Instruments, other chip maker results spark rally

Texas Instruments Inc (TXN.O), Xilinx Inc (XLNX.O) and Lam Research Corp (LRCX.O) posted quarterly results on Wednesday that reassured investors concerned about U.S.-China trade tensions, sparking a microchip industry stock rally after hours. Dallas-based Texas Instruments TI missed Wall Street's estimates for quarterly revenue but beat on profit. Investors were fearing worse performance amid warnings of a slowing smartphone market from Apple Inc (AAPL.O).

Like a son but cheaper: harried South Koreans pamper pets instead of having kids
Like a son but cheaper: harried South Koreans pamper pets instead of having kids

Kang and his wife say children are too expensive and bring too much pressure. South Korea's pet industry is booming, fueled by the same factors that have made the country's birth rate, at 1.05 births per woman, the lowest in the world: the high cost of education and housing as well as extremely long working days. "Social pressures in South Korea are such that parents are required to provide resources for decades from private schooling to tutoring to art classes," said Kang, a 39-year old manager of a pet funeral home.

Video shows migrant families using ladder to scale Arizona border fence

A group of 118 mostly Guatemalan migrants scaled the 18-foot-tall border fence on Monday night near Yuma with the help of smugglers using a ladder.

PG&E sees cost of complying with judge
PG&E sees cost of complying with judge's wildfire plan at $75 billion-$150 billion

California power company PG&E Corp (PCG.N), which expects to soon file for bankruptcy, said on Wednesday it would cost between $75 billion and $150 billion to fully comply with a judge's order to inspect its power grid and remove or trim trees that could fall into power lines and trigger wildfires. PG&E in a filing at U.S. District Court in San Francisco said it could not on its own afford the work proposed in a Jan. 9 order by U.S. District Judge William Alsup, who is overseeing conditions of the company's probation following a 2010 gas pipeline explosion. To pay for the proposed work, PG&E said it would have to pass the bill to ratepayers who get their power from the utility company's...

PG&E sees cost of complying with judge
PG&E sees cost of complying with judge's wildfire plan at $75 billion-$150 billion

California power company PG&E Corp , which expects to soon file for bankruptcy, said on Wednesday it would cost between $75 billion and $150 billion to fully comply with a judge's order to inspect its power grid and remove or trim trees that could fall into power lines and trigger wildfires. PG&E in a filing at U.S. District Court in San Francisco said it could not on its own afford the work proposed in a Jan. 9 order by U.S. District Judge William Alsup, who is overseeing conditions of the company's probation following a 2010 gas pipeline explosion. To pay for the proposed work, PG&E said it would have to pass the bill to ratepayers who get their power from the utility company's nearly...

Should You Buy GameStop Stock for Its 10% Dividend Yield?
Should You Buy GameStop Stock for Its 10% Dividend Yield?

Is the video game retailer actually an undervalued income stock?

4 Reasons to File Taxes Early and Electronically, Especially This Year
4 Reasons to File Taxes Early and Electronically, Especially This Year

Reports that recalled-and unpaid-Internal Revenue Service workers are being granted hardship leaves suggest that tax-time staffing will be lower than normal, and you could wait longer for your re...

AP Exclusive: Adoptee deported by US sues S. Korea, agency
AP Exclusive: Adoptee deported by US sues S. Korea, agency

SEOUL, South Korea (AP) - Adam Crapser lives in limbo, a stranger in South Korea, the country of his birth.

Exclusive: Trump ally Gingrich says White House, GOP should sweeten shutdown offer to attract Democrats
Exclusive: Trump ally Gingrich says White House, GOP should sweeten shutdown offer to attract Democrats

"If you're trying to attract people with sugar you shouldn't pour vinegar on top of it," Newt Gingrich, the former House speaker and a Trump ally, said Wednesday.

Christian ministry can reject non-Christian foster parents: Trump admin
Christian ministry can reject non-Christian foster parents: Trump admin

US President Donald Trump's administration on Wednesday said it would grant a waiver to a South Carolina ministry so it can continue to participate in a federally-funded foster care program despite refusing to work with non-Christian families. "The government should not be in the business of forcing foster care providers to close their doors because of their faith.

Renault board meets to choose successor to Ghosn
Renault board meets to choose successor to Ghosn

The meeting will start at 0900 GMT and consider the proposed appointment of outgoing Michelin boss Jean-Dominique Senard as chairman and the promotion of Ghosn's deputy Thierry Bollore to CEO, three sources familiar with the matter have told Reuters. The decision, two months after Ghosn's Nov. 19 arrest and swift dismissal as Nissan chairman, turns a page on his two decades at the helm of the partnership he transformed into a global carmaking giant, following Renault's acquisition of a near-bankrupt Nissan in 1999. Ghosn has been charged with failing to disclose more than $80 million in additional Nissan compensation for 2010-18 that he had arranged to be paid later.

Why Southern Cross Electrical Engineering Limited
Why Southern Cross Electrical Engineering Limited's (ASX:SXE) Return On Capital Employed Might Be A Concern

Today we'll evaluate Southern Cross Electrical Engineering Limited (ASX:SXE) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed Read More...

Medical examiner: Saudi sisters found on banks of Hudson River committed suicide
Medical examiner: Saudi sisters found on banks of Hudson River committed suicide

The Saudi Arabian sisters whose bodies were found taped together along the Hudson River in October committed suicide, a medical examiner determined.

Galaxy Surfactants Limited (NSE:GALAXYSURF) Earns Among The Best Returns In Its Industry
Galaxy Surfactants Limited (NSE:GALAXYSURF) Earns Among The Best Returns In Its Industry

Today we'll look at Galaxy Surfactants Limited (NSE:GALAXYSURF) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes Read More...

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