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Tuesday, October 22, 2019

Tag: shares

Kadir Jasin hits out at transport minister for bringing down MAHB...

He says Loke Siew Fook's comments on opening up the airports market had caused the market to dump shares.

Coca-Cola profits go up thanks to Coke Zero

Results also boosted by increased sales of smaller 7.5 ounce mini-cans.

Singapore’s PropertyGuru plans share sale, Australian listing

The company is planning to raise as much as US$257 mil.

H&M sales grow for sixth quarter

H&M shares dropped as much as 3.2%, while sales growth probably slowed down to 6%  from 12% in June.

JJ’s stepsister tells court his children continue to support her after...

Former minister Jamaludin Jarjis' stepsister also says she asked her nephew Ikwan Hafiz Jamaludin for RM100,000 recently to help settle her debts.

Boohoo online sales bloom, lifting shares

Online retailers like Boohoo are growing fast, often at the expense of traditional shopping outlets such as Marks and Spencer.

AirAsia shares fall on weaker Q2 results

Public Investment Bank says AirAsia’s earnings before interest, taxes, depreciation, and amortisation is within the full year estimates at 48% of its forecast.

Utusan advances staff RM2,000 each to ‘ease burden’

This comes a day after 100 current and former staff staged a protest claiming they have not been paid for one-and-a-half months.

Utusan shares hit by 7th quarterly net loss in a row

Utusan shares dropped to 8 sen at 9.15am today.

Alibaba’s US$15 bil conundrum: Amid HK’s protests, when should they list?

Two sources involved in the deal say Alibaba's thinking on the deal is ‘fluid’ and the company is considering several timetables.

Bursa Malaysia returns to red as global uncertainty intensifies

The FTSE Bursa Malaysia KLCI drops below the psychological support level of 1,590 as major economies continue to experience a slowdown.

CBS shareholders to get slight premium from Viacom deal

Viacom shareholders will receive just above 0.595 CBS shares for each share they own.

Beyond Meat and Tilray have little more to share than a...

NEW YORK: Beyond Meat Inc’s parabolic post-IPO surge is reminding investors of another high-flier on Wall Street – Tilray Inc But a closer look...

Microsoft shares hit record highs, powered by growing cloud sales

Microsoft has gained ground in the past year by bundling its Azure computing service for developers along with Office and other products for end-users.

Netflix shares slide on disappointing Q2 subscriber growth

Netflix says it added 2.7 million new subscribers worldwide in the April-June period, which is well below expectations.

Asian stocks hit by trade woes while dollar rises, oil struggles

Hong Kong, Shanghai and Tokyo are down, while Singapore, Taipei, Manila and Jakarta face losses with Seoul off 0.9% as South Korea's trade stand-off with Japan drags on.

KL shares mixed at opening

Bursa Malaysia shares opens low today with a cautious market undertone.

Slack revenue up 67% as messaging company readies listing

Slack’s revenue for the quarter grew by 67% to US$134.8 million.

VW, Fiat hit as European shares slump on Trump’s Mexico tariffs

Volkswagen and Fiat Chrysler is also affected by global trade tensions as President Donald Trump promises tariffs on Mexican imports.

Uber’s first earnings will test how well it manages expectations

The first-quarter net loss is expected to be US$1 billion to US$1.11 billion on revenue of US$3.04 billion to US$3.10 billion.

UK shares fall as trade conflict worsens; miners hit

London's listed mining companies fell from one-month highs amid worries about the trade war's effect on global demand.

Unhappy Facebook investors seek to confront Zuckerberg, board

Facebook Inc.’s board of directors proposes to change the company’s dual-class voting structure benefiting CEO Mark Zuckerberg despite him owning only a minority of the company’s shares.

Can your property value plummet?

You can get into real financial trouble if your investments tank.

MTN Nigeria says it faces investigation over shares listing

The Nigerian unit of MTN Group Ltd says it is not accused of any wrongdoing and is cooperating with the investigation.