Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
Read More »Exxon Mobil unveiled an 8K Thursday. What was not in the presentation could be worrying.
Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
Read More »UK stocks fall as the economy falls sharply in 41 years and Royal Dutch Shell warns of up to $ 22 billion hit
UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
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