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Pricesmart

Analysts expect over 2020 rising revenue Pricesmart

Tomorrow the American Pricesmart will publish its past quarters figures. For this year the company, located in San Diego revenue will be around 3,47 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2019's revenue...
Appleanalist

Apple looks to increase production in H1 2021

Apple announced its intention to raise iPhone manufacturing by nearly 30% to up to 96mn units in the first half of 2021 The target would include the latest iPhone 12 as well as older iPhone 11 and SE models The company, which in October recorded thesteepest...
Ciscoanalist

Cisco acquires software startup Dashbase

Cisco announce its acquisition of enterprise software startup Dashbase for its logs and events analytics technology Cisco said Dashbase will bolster the observability capabilities in AppDynamics, the application performance business it acquired three years...
Homedepot analist

Home Depot completes acquisition of HD Supply

Home Depot , the world's largest home improvement retailer, has completed the acquisition of HD Supply, for a total enterprise value of ~$8bn HD Supply is a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily...
Ibm amsterdam analist

IBM to acquire hybrid cloud consultancy Nordcloud

IBM announced an agreement to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services The acquisition further advances IBM 's cloud migration and transformation capabilities, an important aspect of...
Opel gm analist

General Motors to Shut its Last Indian Factory

American auto giant General Motors , which was one of the first brands to set up a car manufacturing plant in India in 1996, has now decided to shut down its operations in the country GM’s Talegoan plant near Pune will be shut down a day before Christmas....
Mercedes

Daimler and Infosys Announce Strategic Partnership

Daimler and Infosys announced a long-term strategic partnership for a technology-driven IT infrastructure transformation he partnership will enable the company to deepen its focus on software engineering and to establish a fully scalable on-demand digital...
Cairnanalist

Cairn Energy wins $1.2bn case against India in tax arbitration case

London listed Cairn Energy Energy announced its victory in an international arbitration case against the Indian government over a tax dispute that had caused concern among investors over retrospective tax claims on companies The tribunal ruled unanimously...
Ab inbev analist

Apollo-Led consortium to acquire 49.9% interest in Anheuser-Busch InBev’s U.S. based metal container plants

Apollo Group Global Management announced the acquisition of a 49.9% stake in Anheuser-Busch AB InBev ’s U.S. based metal container plants for ~$3bn For Apollo Group , the transaction presents a unique opportunity to invest in high-quality assets with long-term,...
Building

Alibaba Group faces anti-trust investigation

The probe is part of an accelerating crackdown on anticompetitive behaviour in China's booming internet space and it follows its November suspension of Ant Financial's planned $37bn IPO Shares of Alibaba in Hong Kong fell nearly 9%, their lowest sinceJuly...
Recticel analist

Recticel this year among best Belgian shares

Because of the massive price gains of 35 percent this year the share belongs to one of the best shares of Belgium. Since the start of this year, the average Belgian stock has gained year around 14 percent in value. Over the past 3 months the stock price increased...
Shell

Royal Dutch Shell strong underperformer in European oil & gas sector

Because of the huge loss of 43 percent since early this year, the share is one of the worst shares of the oil & gas sector. The average stock of the oil & gas sector yielded the this year a loss of 15 percent. Other shares in the peer group with big losses...