Net profit of the American company Intel, one of the world’s largest manufacturers of computer components, in the first nine months of 2020, which ended on September 26, rose from 6.3% to $ 15.042 billion, according to the company press release.
Adjusted earnings per share for the reporting period were $ 3.52 against $ 3.14 in 2019. The company’s revenue was $ 57.889 billion, up to 12% from the last year.
In the third quarter, Intel’s net profit fell from 28.6% to $ 4.276 billion. Adjusted earnings per share for the reporting period were $ 1.02 against to $ 1.35 last year. The company’s revenue amounted to 18.333 billion dollars, which is 4.5% lower year on year.
It is noted that revenue in the third quarter exceeded the company’s expectations due to increased sales of laptops, which helped to neutralize the negative effects caused by COVID-19.
The company expects to receive the revenue of $ 75.3 billion and earnings per share of $ 4.55. In the fourth quarter, the company forecasts revenue of $ 17.4 billion and earnings per share of $ 1.02. At the previous auction, the company’s shares fell by 9%.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Johnson & Johnson plans to complete the third phase of trials of its single-dose vaccine against COVID-19 in mid-January 2021. Paul Stoffels, vice chairman of the executive committee, senior scientific expert at Johnson & Johnson said they plan to deliver to market 1 billion doses. “We are in the middle of the third phase of […]
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27. The Central Bank has been refusing to buy or sell currency for three weeks in a row. At the same time, since the beginning of the year, the […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]
BioNTech from Mainz and US pharmaceutical giant Pfizer have announced the successful third phase of clinical trials of the vaccine from COVID. The company said in a statement that registration is expected in November. According to the release, the third phase of clinical trials of BNT162b2 showed its effectiveness by more than 90% among trial […]
According to Interfax-Ukraine, the European Bank for Reconstruction and Development (EBRD) intends to begin the cooperation with Ukrainian State Enterprise of Posts “Ukrposhta” in the corporative enterprise management. It will also consider the enterprise investment possibility in the future. Sevki Akuner, the director of EBRD in Ukraine said: We have been working with USEP Ukrposhta […]Next
In May Ukraine produced 2.3 million tons of the steel. This figure is to 5.7% higher than was in the same period in 2015. This is confirmed by the monthly data of the international organization World Steel Association. It is a non-profit organisation with its headquarters in Brussels, Belgium and a second office in Beijing, China, […]Next
AMC Entertainment Holdings, which owns the world’s largest network of cinemas, presented its financial report for the third quarter of 2020. His company ended with a net loss of $ 906.5 million – 16.5 times worse than last year. In the third quarter, the company’s cinemas began to reopen after a five-month of lockdown due […]Next
Pfizer and BioNTech shares rose sharply on Monday by 4% and 10%, respectively. This happened after the US Food and Drug Administration (FDA) assigned an “accelerated” status to their two COVID-19 potential vaccines. Although the companies have not yet completed the final tests and have not received approval for the production and sale of their […]Next
Sources say that the air carrier is considering the Ukraine as an addition to its major markets. The largest European low-cost airlines Ryanair sizes up the Ukrainian market of air transportation, in particular, the discussions with Lviv are underway. This was announced in an interview to the forbes.net.ua by the Commercial Director of the airlines, […]Next
Representatives of the Antimonopoly Committee of Ukraine approved the deal between the German company Robert Bosch GmbH and the Chinese home appliance manufacturer Guangdong Vanward New Electric. It is about creating a joint venture on the territory of Ukraine. It is expected that production will specialize in the production of components for cars, gas appliances […]Next
In the north of England, in the shire of Durham closed the last commercial coal mine Bradley Mine, which operated for almost 200 years. It is noted that the open coal sump, which produced 150 thousand tons of coal per year, decided to close after failed plans to expand production areas. Environmentalists have fought against […]Next
In the first quarter of 2021, Ukraine will pay the debt of 146.1 billion hryvnias, which is 7.25 billion more than the previous forecast. The data on the website of the Ministry of Finance testify to this. At the same time, peak periods of public debt payments are expected in the second and third quarters. […]Next
The value of the most popular cryptocurrency bitcoin continues to grow. On the morning of Thursday, February 18, the price exceeded 52 thousand dollars for the first time. CoinDesk data show this. Thus, at 10 o’clock Kiev time, the cryptocurrency at the peak rose by another 1.28% and reached a price of $ 52,100. Currently, […]Next
Last week, Berkshire Hathaway has submitted a report form 13F to the Securities and Exchange Commission (SEC) for the second quarter of 2020, by providing an updated information about its portfolio of shares for publicly traded companies. The portfolio of one of the most famous in the world of investment companies headed by Chairman and […]Next
The State Property Fund sold the Khorostkiv distillery at auction for UAH 55 million. This was reported on the auction page. This is the tenth enterprise in the industry to be privatized. Its initial cost was 31.4 million UAH. It is noted that four buyers participated in the auction for the sale of the Khorostkiv […]Next
As Interfax-Ukraine reports, the Administrative court rejected the claim of the International Airline Company of Ukraine (IAU) for the charge of the collection in specialised state fund of aviation activities expenses financing. On November 9, 2016, the court made the decision on materials of the state register of judgments which were published on its official […]Next
Huawei Technologies Co. Ltd. is going to open the department in Ukraine. The representatives of Ukrainian delegation who had visited the Eastern country with diplomatic purpose informed about it. The parties have discussed the perspectives of countries cooperation in the sphere of economy and business. The main thing was R&D centre and laboratory opening on the […]Next
Ukrainian large taxpayers transferred UAH 362.3 billion in tax payments to the state budget in January-November 2020. According to the press service of the Office of Large Taxpayers of the State Tax Service, this is 11% more than in the same period last year. The share of tax payments from large businesses served by the […]Next
Sunday Times newspaper has investigated and reported as Mondelez International (formerly known as Kraft Foods)-the biggest in North America and the second largest worldwide producer of food avoid paying taxes. According to the Sunday Times, the Cadbury owner – Mondelez International Company (formerly known as Kraft Foods), legally evaded taxes in the amount of tens […]Next
The first batch of Pfizer coronavirus vaccine has been delivered to Israel. This was reported by The Jerusalem Post on Wednesday, December 9. “A DHL flight from Brussels carried more than 100,000 doses of the newly created vaccine and landed at Ben Gurion Airport in Tel Aviv around 9 a.m.,” the statement said. The doses […]Next