Jones Thomas

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Bailout exit beckons for Portugal after record bond sale | Reuters

LISBON/LONDON (Reuters) - Portugal sold its first bonds at auction in three years on Wednesday, paying a record low yield that was seen as vote of market confidence and a boost to Lisbon’s chances of making a clean break from its bailout next month.<p>Portugal's Prime Minister Pedro Passos Coelho …

Ratings rise ‘best reward’ as S&P, Fitch upgrade Cyprus - Cyprus Mail

By George Psyllides<p>TWO leading ratings agencies, Standard and Poor’s and Fitch, upgraded their outlook for Cyprus on Friday, based on …

Russia Debt Rating Cut to Step Above Junk at S&P

Russia’s sovereign debt rating was cut to the lowest investment grade at Standard & Poor’s, which said further downgrades are possible if economic …

Facebook earnings surge on mobile advertising - BBC News

Mobile Advertising

Corporate Company Earnings

6:52 AM ET Fri, 20 April 2018<p>Ericsson beat quarterly profit expectations on Friday as savings started to kick in, fueling hopes for a recovery at the …

Stock Markets

Caterpillar crawls onward on earnings, but warns over China

US-based mining and construction equipment manufacturer Caterpillar has posted a 5 per cent rise in first-quarter earnings, but has raised …

Caterpillars

General Motors Profits Weighed Down By Recalls, But Earnings Beat Sends Stock Higher

Shares of General Motors were in the green Thursday despite an 85.5% decline in profit after the automaker took a $1.3 billion charge for recall related repairs.<p>General Motors reported $37.4 billion in first quarter revenue, up about 1% from the same period last year and $1 billion short of Wall …

T-Mobile’s ‘Uncarrier’ attacks don’t stop AT&T from posting strong earnings in Q1 2014

AT&T has come under a constant barrage of criticism from rival T-Mobile over the past year but so far it hasn’t affected the carrier’s bottom line. …

Microsoft beats Wall Street on new CEO debut

Microsoft new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' …

Wall Street