Verizon (VZ) – Get report It posted better-than-expected Q2 earnings and sales on Friday as stability in its subscriber base linked to people’s need to stay connected through the pandemic helped offset a drop in demand for new hardware. . The New York-based company said it earned $ 1.18 per …
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Reuters Former Wirecard chief executive Markus Braun was arrested again in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm. Two other executives, revealed by the Financial Times as former Wirecard chief financial officer Burkhard Ley, and Stephan von Erffa, a former chief accounting officer, …
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Stocks fell on Thursday after jobless claims in the US unexpectedly rose for the first time since March and tech stocks fell. The Dow Jones Industrial Average fell 274 points, or 1.02%, to 26,731, the S&P 500 lost 1.03% and the Nasdaq fell 2.06%. Dow (Dow) – Get reportMicrosoft (MSFT) …
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AT&T Inc. (T) – Get report On Thursday, it posted stronger-than-expected second-quarter earnings, but saw a notable drop in WarnerMedia revenue when coronavirus closings hit the global entertainment industry. AT&T said adjusted earnings for the three months ending June were set at 83 cents a share, 6.75% less than in …
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Thursday Market minute Global stocks are trading higher as solid corporate earnings offset rising tensions between the United States and China, concerns over coronavirus infection. China’s foreign minister said the United States should “think carefully” about its relationship with Beijing, as the two continue to discuss trade and political interference …
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