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Alphabet posts strong revenue growth, higher taxes hit earnings
January 27, 2017 by admin · Leave a Comment
Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share …
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Alphabet posts strong revenue growth, higher taxes hit earnings
its-strength
As regulators waver, Apple takes on Qualcomm in courts
January 27, 2017 by admin · Leave a Comment
By Stephen Nellis SAN FRANCISCO (Reuters) – Apple Inc's new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it considers the chip maker's unfair business practices, analysts said. Apple has long objected to Qualcomm's…
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As regulators waver, Apple takes on Qualcomm in courts
its-strength
Dollar recoups losses, shares lower as banks weigh
January 27, 2017 by admin · Leave a Comment
By Vikram Subhedar LONDON (Reuters) – The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump's policies will play out for the currency, particularly after both Trump and Treasury Secretary-designate Steven Mnuchin hinted …
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Dollar recoups losses, shares lower as banks weigh