EXCLUSIVE: VIX, a leading free Latino streaming service, has launched linear versions of two of its owned-and-operated channels on a range of distribution platforms. The channels being added to Roku Channel, Xumo, Redbox, Vizio and Tivo are telenovela specialist Pongalo NovelaClub and Mexican movie outlet Moovimex (Mexican movies). VIX took over the channels at the end of 2019 as part […]
Read moreHowever, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes. Collections from customers, cash flows, and sales realisation went south for DLF, Godrej Properties, and Oberoi Realty – the top three developers – in the June quarter (Q1FY21), with construction activity coming to a halt in April and May. However, both […]
Read moreOn Friday, after a week of data glitches and an absence of leadership, California officially reported the state has seen more than 10,000 deaths from coronavirus. While a technical failure in the state’s COVID reporting process, revealed this week, has created an undercount in daily new cases data, it did not impact the tallies for hospitalizations, ICU patients or deaths […]
Read moreIt is not unusual to see big stock price moves after earnings. Some companies that beat earnings and revenue expectations are rewarded handily. Shares of First Solar Inc. (NASDAQ: FSLR) surged on Friday after it beat earnings, but the stock price reaction is in conflict with two key analyst upgrades from the same day. When First Solar reported earnings on […]
Read morePresident Donald Trump’s order banning U.S. companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the go-to […]
Read moreInvestors are preparing for a variety of news in Berkshire Hathaway's second-quarter earnings report this weekend, ranging from the possibility of record overall net income to weaker operating results from the conglomerate's industrials companies. Wall Street also hopes that Berkshire, which is expected to report per-share earnings of $2.12 and revenues of $61.08 billion per StreetAccount estimates, may have ramped […]
Read moreNew York (CNN Business)Shopping online during the upcoming holiday season could get more expensive if it’s delivered by UPS. The company will begin imposing surcharges of several dollars on companies that ship a huge amount of items this fall and early winter, anticipating rising costs as more more people shop online because of coronavirus. The new fees would cost several […]
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Read moreCheck out the companies making headlines in midday trading. T-Mobile — Shares of the wireless provider surged more than 8% to a new 52-week high on Friday following its better-than-expected quarterly earnings. T-Mobile earned 9 cents on revenue of $17.67 billion, compared to estimates of 7 cents on revenue of $17.61 billion, according to Refinitiv. Groupon — Shares of Groupon soared […]
Read moreTo get up to 56.6% via shares, warrants Tube Investments of India Ltd. (TIIL), a Murugappa Group firm, has entered into a securities subscription agreement to bail out debt-ridden CG Power and Industrial Solutions Ltd. On Friday, the board of TIIL approved the proposal for making a binding bid for acquiring controlling interest in CG Power through a combination of […]
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