Alibaba to Baidu Increase U.S. Share Buybacks as Prices Slump
The selloff that has pushed an index of U.S.-traded Chinese stocks down more than 30 percent since June has some of the biggest companies seeking to buy back record numbers …
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BlackBerry’s Black Swans Include Amazon Phone Flop, Venezuela
BlackBerry Ltd. just can’t catch a break. The poor performance of Amazon.com Inc.’s own smartphone and Venezuelan currency controls contributed to a second-quarter earnings loss and the company’s decision to …
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Scotia:It’s Time for BlackBerry to Abandon its Operating System
Scotia Capital analyst Daniel Chan has some bold advice for BlackBerry Ltd., ahead of the Canadian company’s quarterly earnings report. According to Chan, the tech firm ought to jettison its BlackBerry 10 …
Read MoreEmerging Stocks Decline With Currencies as Fed Euphoria Eases
Emerging-market stocks retreated from a one-month high as the euphoria surrounding the Federal Reserve’s decision to hold rates faded and concerns about a slowdown in global growth returned. Lukoil PJSC paced …
Read MoreSmartphone Game-Maker DeNA, Builder Haseko Join Nikkei 225
DeNA Co., the social website operator that’s working with Nintendo Co. on smartphone games, and condominium builder Haseko Corp. will join Japan’s Nikkei 225 Stock Average. The companies will be …
Read MoreTesla’s Musk Says First Model X SUVs to Be Delivered Sept. 29
Tesla Motors Inc. Chief Executive Officer Elon Musk said the first Model X sport utility vehicles will be delivered Sept. 29. The SUVs will be handed over at the electric-car …
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Hewlett-Packard Bucks Market’s Plunge After Earnings Report
Hewlett-Packard Co. squeezed out a gain amid Friday’s market plunge after issuing an earnings report that kept negative surprises to a minimum. “For the first time in several quarters HP …
Read MoreDeere Cuts Profit Forecast as Commodities Decline
Deere & Co., the world’s largest farm equipment maker, reduced its profit forecast for fiscal 2015 as lower crop prices weakened the farm economy. Net income for the year through …
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Audi’s Electric Crossover Boasts Range Topping Tesla’s Model S
Audi AG is stepping up pressure on Tesla Motors Inc. with plans to show an electric crossover with a range exceeding the Model S. Audi’s E-tron Quattro concept, which will …
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Wal-Mart’s Results Trail Estimates as Currency Weighs on Profit
Wal-Mart Stores Inc., the world’s biggest retailer, posted second-quarter earnings that missed analysts’ estimates after currency fluctuations and spending on employee raises dragged down profit. Profit in the quarter was …
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