(RTTNews) - Australian professional services company Worley Limited (WYGPF.PK, WYGPY.PK, WOR.AX) announced that its statutory net profit after tax rose 77 percent to A$154 million for the six months ended 31 December 2019, from A$87 million in the same period last year. On an un
(RTTNews) - Indian shares tumbled in early trade on Monday, mirroring weak cues from other global markets as investors were spooked by the spread of coronavirus inside and outside of China.
HONG KONG (Reuters Breakingviews) - Weak Chinese consumption may outlast the coronavirus. A slowdown in new Covid-19 cases outside Hubei province, where the outbreak is thought to have originated, is feeding investor optimism. Signs of stress, though, hint at a slower re
(RTTNews) - The Indonesia stock market on Friday halted the four-day winning streak in which it had advanced almost 80 points or 1.3 percent. The Jakarta Composite Index now rests just above the 5,880-point plateau and it's expected to open lower again on Monday.
(RTTNews) - The Australian stock market is notably lower on Monday following the sell-off on Wall Street Friday amid a surge in the number of new coronavirus cases reported outside China and on worries over its impact on the global economy. Weak local corporate earnings results
Crestwood Equity Partners (NYSE: CEQP) is coming off a big year. The master limited partnership (MLP) grew its earnings by 25% last year, while its cash flow rocketed 36%, enabling it to cover its 9.4% yielding distribution by a comfy 1.8 times. It was able to finally give its
The oil sector has developed a reputation over the past few years as the place where investor capital goes to die. That's largely the result of oil companies focusing so much of their attention on growing production as fast as possible in previous years that they have incinerate
Scammers come out in droves when they know there's a lot of money changing hands. It gives them an easy opportunity to confuse people and catch the money in transit, which is easier than hacking into a secure bank account. Around the holidays, they might pose as fake retailers o
Stocks moved lower last week, but the boo birds didn't get in the way of some high water mark parties. More than 1,050 stocks on the three major domestic exchanges notched fresh 52-week highs this past week, and some of the names will surprise you.
In a note sent to client on Friday, Bank of America Global Research rates strategist Bruno Braizinha warned, “The coronavirus outbreak contain a significant likelihood of impact to the global economy and the potential to become a black-swan type event.”
Life can be hard, and planning and saving for retirement can be stressful and difficult, too. Fortunately, there are ways to make life easier, such as using nail polish to paint your keys different colors, so you can quickly tell them apart. Even better, there are ways to make r
Depending on who (and when) you asked, you might have heard virtual reality (VR) described as either "the next big thing" or "dead in the water." The technology generated huge excitement in the lead-up to its major consumer debut, but was quickly written off in some quarters aft
Over the past decade, software-as-a-service (SaaS) has emerged as one of the most resilient revenue models for tech companies to utilize. The subscription model provides considerable visibility into the recurring revenue pipeline while enabling strong operating leverage through
Social Security has evolved dramatically over its 85-year history. Initially seen as a safety net, Social Security now serves a vital purpose in supplying a substantial portion of the regular income that older Americans receive after they retire. It doesn't matter whether you're
Chicken wing restaurant operator and franchiser Wingstop (NASDAQ: WING) recently released fourth-quarter and full-year 2019 results. While the numbers largely matched the preliminary results provided during the investor day in January, the company provided some three- to five-ye
In its fourth-quarter and full-year 2019 earnings release, financial-technology loan platform LendingClub (NYSE: LC) also announced that it would be acquiring another company. Wedbush analyst Henry Coffey deemed the move "amazing news" on LendingClub's conference call with analy
When we look back at our lives, even if we're still young, there are always things we wish we'd have known earlier. For example, I wish I'd gotten into the habit of exercising when I was young so that it would be less of a struggle now.
Stock investors have enjoyed one of the greatest bull runs in history. Since March 2009, when U.S. stocks hit bottom in the aftermath of the Global Financial Crisis, the S&P 500 (SNPINDEX: ^GSPC) -- a decent proxy for the performance of the U.S. stock market -- has gained
It looks like MGM Resorts (NYSE: MGM) is the last man standing in the bid to win a casino license in Osaka, Japan, after Genting Singapore (OTC: GIGNY) dropped out of the race.