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Today we'll evaluate The Interpublic Group of Companies, Inc. (NYSE:IPG) to determine whether it could have potential......
Dividend paying stocks like Banco Bilbao Vizcaya Argentaria, S.A. (BME:BBVA) tend to be popular with investors, and......
The early price action suggests the upside bias should strengthen on a sustained move over 1.1139. A downside bias will develop on a sustained move under 1.1115....
Dividend paying stocks like Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) tend to be popular......
(Bloomberg Opinion) -- Wirecard AG is treating its investors shabbily. The German fintech group has failed to respond convincingly to this week’s allegations that some of its recent financial reporting may be incorrect. Instead, it has aggravated the situation with communication that doesn’t befit a 14 billion euro ($16 billion) member of the blue-chip DAX Index.Revenue and profit for 2016 in particular is open to question, the Financial Times claimed on Tuesday. The newspaper said Wirecard emails and spreadsheets depicted a Dubai-based partner handling transactions for what looked like 34 key Wirecard clients, equivalent to one-quarter of the entire company’s reported sales and half its Ebitda for that financial year.Yet many of those clients had ceased trading or could not confirm their relationship with the Dubai affiliate, the FT claimed, putting the credibility of the partner’s financial contribution in doubt.Wirecard swiftly denied “these allegations of impropriety” and called the lengthy article a compilation of several false and...
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts. Shares of the company, which derives one-third of its revenue from Mexico, jumped 5.2% to $142.41 in early trading. "We have a positive outlook for the rest of the year," Chief Executive Patrick Ottensmeyer said on a conference call with analysts....
Shares of the company, which derives one-third of its revenue from Mexico, jumped 5.2% to $142.41 in early trading. "We have a positive outlook for the rest of the year," Chief Executive Patrick Ottensmeyer said on a conference call with analysts. The results come as the railroad industry is seeing volumes fall because of competition from low-priced, long-haul truckers and U.S. President Donald Trump's bruising tariff disputes with key trade partners like China and Mexico....
