Business

Jeff Bezos' fortune surges by $6.6bn following Amazon earnings

Jeff Bezos' fortune surges by $6.6bn following Amazon earnings

Amazon stock is soaring Friday morning after crushing earnings expectations and disclosing that it now employs more than 540,000 people worldwide. But his gain of around $550 million put his fortune at $88.5 billion - not enough to stay ahead of Bezos. Bezos has not yet made the pledge, but he has asked his Twitter followers in the past for ideas on how he should donate some of his money.


Exxon Mobil Q3 Profit Up 50%, Results Beat View

Exxon Mobil Q3 Profit Up 50%, Results Beat View

It has underperformed by 5.32% the S&P500. Stokes & Hubbell Capital Management LLC grew its holdings in Exxon Mobil Corporation by 1.0% in the first quarter. Therefore 80% are positive. Ecolab had 47 analyst reports since July 30, 2015 according to SRatingsIntel. As of December 31, 2016, the Bank provided financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its 11 full-service branch offices located in ...



RBS reports third consecutive quarterly profit

However, RBS warned that it faces rising misconduct costs and provisions in relation to the mis-selling of mortgage backed securities in the USA between 2008 and 2013. The bank's chief executive Ross McEwan said that while there had been no "substantial discussions" with or opening offer from the US Department of Justice, the bank remained hopeful it would reach a settlement this year.


Cameco reports quarterly losses due to weak uranium prices

Cameco reports quarterly losses due to weak uranium prices

The company had Year Ago Sales of 536.27 Million. They also explore for uranium in the Americas, Australia and Asia. The company's US-listed shares fell by 5.7% at $8.34 in premarket trading. While having a peek at profitability ratios Cameco Corp (NYSE:CCJ) has trailing twelve month gross margin at 18.6%, its trailing twelve month operating margin stands at 0.7% whereas its trailing twelve month net profit margin spots at -0.9%.



$0.97 EPS Expected for Noble Midstream Partners LP (NBLX)

The EBITDA Yield for Summit Midstream Partners, LP (NYSE:SMLP) is 0.098815. On Thursday, January 26 the stock rating was maintained by Stifel Nicolaus with "Buy". Ing Groep Nv stated it has 10,930 shares. Wells Fargo & Commerce Mn holds 0% or 53,971 shares in its portfolio. Guggenheim Capital Ltd Liability Co has invested 0% in Spartan Motors Inc (NASDAQ:SPAR).


GDP hits 3%, crushing estimates

GDP hits 3%, crushing estimates

Before those catastrophic storms hit, economists had been expecting an even stronger showing for the third quarter - as high as almost 4 percent, according to the Atlanta Federal Reserve Bank's GDP Now forecast . The American economy grew at a much faster rate than economists expected, expanding by three per cent in the year to September. But he said there were still doubts about the path of interest rates as inflation remained weak and amid uncertainties over the next chair of the Fed and ...