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 […]
The Georgian Industrial Group purchased 25% of the Ukrainian pharmaceutical company, which is 70% owned by the state. Buyer of the is Luraq Investments Limited (Limassol, Cyprus), which is part of the Georgian Industrial Group (Georgian Industrial Group, GIG) bought the last 25% of the insulin producer “Indar”, PJSC (Kyiv). This information was published by […]
NextAs “Liga.net” reports, ATB will have finished the transaction on purchase of large West Ukrainian Barvinok retail network until the end of the year. ATB,the largest food retailer buys the Barvinok West Ukrainian network.The network has already changed the owner in 2015. Then Eurotek purchased it. The investment banker who wished to remain unnamed reported:”ATB […]
NextOver the past year the delegates of Ukrainian Audit Service in Kirovohrad region conducted 65 testing procedures and found deviations from the financial and budgetary order in the amount of more than 34 million UAH. As a result, it provided compensation of faults that provoked leakage of financial and material resources in the amount of […]
NextThe Deposit Guarantee Fund of individuals is starting the procedure of withdrawal from the market of Arcade Bank, the press service of the FDG reported. The Fund offered several options for removing the bank from the market: liquidation of the bank of exclusion in the elimination of all or part of its assets and liabilities […]
NextUkrainian IT company the Archer Software has announced an agreement with the American company Cprime. This was reported on the company’s website. The amount of the deal is not disclosed, but the publication Ain says, “According to experts, 100% of the company could be valued at 5-8 million dollars.” But the transaction amount may vary […]
NextThe Verkhovna Rada of Ukraine adopted in the first reading the draft law №3637 on virtual assets. LIGA.net reports, 230 people’s deputies voted for this document. According to the explanatory note, the market for virtual assets in Ukraine has been already formed and has existed for about five years, but it is completely outside the […]
NextThe European Union has expressed its readiness to help Ukraine to gain access to the coronavirus vaccine. This is stated in a statement following the summit, the text of which was published on Monday, October 6, on the website of the European Pravda. The parties agreed that a pandemic threatens the entire world and its […]
NextWithin 10 months of last year, Ukraine had supplied toy glass products (90.6%) in 25 countries, including most EU countries, amounting to $ 4,5mln. It is reported on the Facebook page of Natalia Mykolska – Deputy Minister of Economic Development and Trade of Ukraine. On the EU market it has sold 62.3% of Christmas decorations. […]
NextShares of AT&T fell 5.8% on Tuesday, showing the largest one-day decline since June 11, 2020, when shares fell 6.1%. Shares of AT&T rose first on Monday, then fell in the second half of the trading session. The initial growth was due to positive assessments of the future merger agreement between AT&T WarnerMedia and Discovery […]
NextDuring the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]
NextChina in addition to the purchase of the coal business in Australia, aims to get the appropriate transport infrastructure for the supply of its raw material in many corners of the world, reports Bloomberg. Acquisition of Australian Yancoal Australia Ltd. (which is a part of Chinese coal-mining giant Yanzhou Coal Mining Company), a controlling stake […]
NextCurrently, there are almost 2 million entrepreneurs in Ukraine, and each of them pays an average of 13 thousand hryvnias a year. Thereby, in 2019, the turnover of the PIF`s economy amounted to 1 million dollars. “Over the past eight years, revenue from private individuals to the budget have increased by 24 times. In the […]
NextDuring 5 years of its activity the HarvEast company invested 500 million UAH in the improving of soil quality (21 thous UAH was invested in each share). This was stated by the general director of the company,Dmitry Skornyakov, reports “SCM”. In addition, the company has invested 500 million UAH (20% of all investments in the […]
NextAutomaker Lincoln Motor Company has introduced a new car Lincoln Nautilus. The basic version of the car has a 2-liter turbo engine with a capacity of 250 horsepower. The more powerful version is equipped with a 2.7-liter twin-turbocharged V6 engine with 335 hp. Both models have standard 8-speed automatic transmission. The interior of the car […]
NextThe Co-owner of the EasyPay Group companies has invested $ 150,000 in the startup Agri Eye, which develops innovative solutions for the agricultural sector. Startuppers will send received funds for the scaling of the team, the perfection of the technology and testing of the technology hypotheses that lie at the basis of the product. Under […]
NextThe three-star hotel metropolitan complex Rus intends to buy a stake of five-star hotel Premier Palace. The nominal value of ordinary registered shares of Premier Palace is 0.25 UAH / pc, and the equity capital of the company – 366 700 000 UAH. The hotel complex Rus, which is located in the center of Kyiv […]
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