Research Market strategy
by Swissquote Analysts
China's economic expansion slowed to its weakest pace since the financial crisis, as top financial regulators launched an extraordinary coordinated effort to calm jittery investors. The rate of growth in the third quarter dropped to 6.5%, falling short of market expectations, official statistics...
22.10.2018
Novartis AG said it would pay $2.1 billion for Endocyte Inc., a U.S. company developing a new treatment for prostate cancer, the Swiss pharmaceutical giant's latest move to double down on high-value prescription drugs. Endocyte specializes in so-called radiopharmaceuticals, a new class of drug...
19.10.2018
Carrefour SA (CA.FR) said Wednesday that third-quarter sales fell slightly, partly due to a depreciation of the Brazilian Real and the Argentine Peso. Sales in the quarter fell 2.8% to 21.09 billion euros ($24.42 billion) compared with the same period last year. Excluding currency effects, sales...
18.10.2018
Netflix Inc. exceeded expectations for adding subscribers during the third quarter, reporting strong user growth in international markets as it continues to invest heavily in its global programming offerings. Shares of Netflix gained 12% in after-hours trading on the robust subscriber growth,...
17.10.2018
Sears HoldingsCorp. filed for bankruptcy protection from creditors, marking the collapse of a company that dominated American retailing for much of the 20th century. The retailer, which sought chapter 11 protection in U.S. Bankruptcy Court in White Plains, N.Y., reached a deal with its lenders...
16.10.2018
Finance chiefs representing 20 of the world's largest economies are hopeful they can help resolve the trade tensions that have emerged over the past year among their membership but achieved no breakthrough this week. The Group of 20 finance ministers met on the sidelines of the annual meetings...
15.10.2018
Volkswagen AG named Scott Keogh as president and chief executive of Volkswagen Group of America, and head of the Volkswagen brand for the North American region, effective Nov. 1. Mr. Keogh replaces Hinrich J. Woebcken, who will remain with the company in an advisory capacity, Volkswagen said.
11.10.2018
LVMH Moet Hennessy Louis Vuitton SE said that its revenue rose in the third quarter, bolstered by organic growth in all divisions. Revenue for the third quarter was 11.38 billion euros ($13.08 billion), short of a consensus forecast of EUR11.56 billion provided by FactSet. The French luxury...
10.10.2018
The Brazilian real strengthened against the dollar Monday and shares rose after controversial right-wing presidential candidate Jair Bolsonaro came close to winning the country's presidential election in the first round of voting Sunday. The real strengthened just over 2% Monday at 3.76 to the...
09.10.2018
 
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