All posts tagged "losses"

  • Fintech
    Uber’s losses grew to $1.5 billion last quarter

    Uber has given its shareholders an update on the enterprise’s efficiency and it’s in fact in the...

  • Cyber Security
    Business Email Compromise Losses Up 2,370 Percent Since 2015

    trade e-mail Compromise (BEC) schemes, where executives are scammed by the use of social engineering and phishing compromises that not directly lead to fraudulent wire transfers, grew at a jaw-shedding fee of 2,370 p.c in the closing two years. The FBI the day before today revealed its latest information on these unrelenting...

  • Tech
    Equity podcast: Uber’s losses, Cloudera’s IPO and the biggest e-commerce acquisition ever

    Welcome again to equity, TechCrunch’s challenge capital-targeted podcast. This episode Katie Roof, Matthew Lynley and myself were...

  • Tech
    HTC has another tough quarter, with revenue down 13% YOY, but smaller losses

    HTC’s latest financials make for some other moderately dismal learn for the cell instrument and VR headset maker,...

  • Fintech
    Carlyle struck by losses on hedge fund business

    Carlyle, the non-public fairness workforce, took a $ 175m charge from its hedge fund business, leading to...

  • Mobile
    Uber losses expected to hit $3 billion in 2016 despite revenue growth

    Uber’s losses are growing from $ 2.2 billion remaining year to an expected $ three billion this year, consistent with...

  • Business
    Novavax to lay off 30% of staff as losses double

    Novavax Inc. said Tuesday that it’s going to cut team of workers by way of 30% after disappointing results, some other wound for a corporation that lost greater than 80% of its price in a single session prior this 12 months on a disappointing vaccine trial. the company mentioned it...

  • Business
    Wells Fargo says upper end of range of possible litigation losses was $1.7 billion at end-September

    Wells Fargo & Co. WFC, -0.eighty one% mentioned Thursday the higher finish of the variety of “fairly conceivable doable litigation losses” stood at about $ 1.7 billion as of Sept. 30. In a submitting with the Securities and change fee, the financial institution said it is unable to decide whether or not...

  • Cyber Security
    Europe Markets: Losses for banks, chip maker send European stocks to lower close

    An previous version of this record incorrectly identified where chip maker AMS AG has its headquarters. Reuters...

  • Business
    Wall Street's early rally losses steam as stocks log weekly decline

    U.S. stocks on Friday completed barely better as an early upward push, buoyed via features in bank shares, pale into the close. The three primary equity benchmarks completed the week with a second-straight weekly loss. On the day, the Dow Jones Industrial average DJIA, +0.22% ended up 0.2% at 18,138, closing well...

  • Business
    Heritage Insurance estimates losses under $100 million from Hurricane Matthew claims

    Heritage insurance Holdings Inc. HRTG, -three.56% mentioned late Monday it expects losses from storm Matthew claims to be underneath $ 100 million, “significantly under” initial estimates and “neatly within” the Clearwater, Fla.-based property and casualty insurer’s $ 1.9 billion reinsurance protection. Heritage on Friday had estimated losses round $ 500 million. The...

  • Business
    Natural-gas futures extend losses after EIA reports 51 billion-cubic-foot rise in U.S. supplies

    natural-gasoline futures fell further on Thursday after the U.S. energy information Administration reported that supplies of the commodity rose 51 billion cubic toes for the week ended August 26. That used to be above the average rise of forty three billion cubic toes anticipated by analysts polled by means of S&P international...

  • Cyber Security
    Market Snapshot: Stock losses firm as slide in Mylan shares punishes health-care sector

    U.S. shares on Wednesday afternoon had been trading at the lows of the session as promoting in well being-care shares, sparked by using intensifying outrage over the pricing of a lifesaving drug with the aid of Mylan, put drive on the broader market. Mylan Inc. MYL, -5.fifty eight%  has been in focus...

  • Business
    U.S. shares pare losses after FBI recommends no costs against Clinton

    U.S. stocks briefly trimmed their losses after FBI Director James Comey stated his agency really useful to the division of Justice that no expenses will have to be brought against presumptive Democratic nominee Hillary Clinton associated to inclusion of labeled information in emails stored on a private server. though the FBI’s investigation...

  • Business
    U.S. stocks acquire but log 2d straight week of losses

    U.S. stocks bounced again from prior weak spot to close higher on Friday however logged their 2d straight week of losses. primary indexes were compelled after knowledge showed that the financial system brought most effective a hundred and sixty,000 new jobs in April whereas the unemployment charge remained flat at 5%. Economists...

  • Cyber Security
    Europe Markets: European shares extend losses after disappointing U.S. jobs information

    Losses for European inventory markets deepened in afternoon alternate Friday after closely watched U.S. labor-market knowledge overlooked expectations by a large mark. The Stoxx Europe 600 SXXP, -zero.31%  fell zero.5% to 331.21, setting it on the right track for a three.5% drop for the week. that would mark its worst weekly efficiency...

  • Business
    Oil prices pare losses as U.S. oil-rig count falls a sixth week

    Oil futures pared their loss after knowledge from Baker Hughes BHI, +zero.forty four% showed that the selection of lively U.S. rigs drilling for crude fell by 11 to 332 as of Friday, down a sixth straight week. the whole U.S. rig depend fell eleven to 420. June crude CLM6, -zero.seventy four% used...

  • Business
    BlackBerry losses widen, as revenue misses expectations

    BlackBerry Ltd BBRY, +1.00% stated Friday it had a web lack of $ 238 million, or forty five cents per share throughout its fiscal fourth quarter, after a revenue of $ 28 million ultimate year, or 5 cents per share. The adjusted loss for the quarter used to be three cents a...

  • Cyber Security
    Futures Movers: Crude prices pare losses as investors go discount looking

    Crude-oil costs reversed their downward trend in early afternoon Asia trading Wednesday, as traders hunt for bargains following the in a single day decline. prices in Asia opened lower however regained traction in the afternoon as merchants await U.S. production data will convey additional declines within the newest week, stated Daniel Ang,...

  • Cyber Security
    The inform: European oil majors tally $19 billion in losses as oil costs chunk

    How much has big Oil in Europe lost in the closing quarter? try $ 19 billion — or relatively greater than Iceland’s entire economic system. The culprit is after all an unrelenting decline in crude CLJ6, -zero.70%  and Brent LCOJ6, -0.forty five% prices through the period, when the contracts slid 18% and...

  • Cyber Security
    The Wall boulevard Journal: Wells Fargo sets apart $1.2bln for potential losses on oil and fuel loans

    Wells Fargo & Co. put aside $ 1.2 billion in reserves for doable losses tied to oil and gas loans, in line with a securities filing. About 10% of Wells Fargo’s WFC, -1.70%   whole loan-loss reserves are associated to grease and gasoline, even though these loans account for about 2% of...

  • Cyber Security
    Market picture: stock futures prolong losses as oil hunch hurts power sector

    U.S. stock futures extended losses beforehand of the hole bell Wednesday, as buyers once more took a cue from slumping oil prices and moved out of chance-sensitive property corresponding to equities. Futures for the Dow Jones Industrial average YMH6, -zero.ninety one%  dropped one hundred fifty five points, or 1%, to sixteen,241, whereas...

  • Business
    U.S. stocks finish decrease, post steep weekly losses

    U.S. stocks sold off on Friday to finish the week with steep losses after two straight weeks of beneficial properties. expertise shares noticed the most important losses this week with the tech heavy Nasdaq Composite COMP, -3.25% closing down 146.41 factors, or three.three%, at 4,363.14 on Friday and recording a 5.4% weekly...

  • Cyber Security
    Market picture: FANG stocks take a huge bite out of Nasdaq as losses build

    U.S. shares slumped Friday, stretching losses as they headed into the shut of a unstable week, after disappointing jobs growth in January was seen including to the U.S. economy’s woes. although the report had a silver lining in the form of robust hourly wage boom and a drop in the unemployment rate,...

  • Business
    U.S. inventory futures pare losses as Asia tumbles

    Wall street may potentially see another volatile session on Thursday, as stock futures swung from poor to certain floor. As in contemporary classes, Asia markets fell in a single day and losses for oil picked up, which caused a 100-level loss for Dow Jones Industrial moderate at the beginning of European buying...