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UPDATE 2-First Solar boosting output in Ohio on strong demand
Feb 22 (Reuters) - First Solar Inc said on Thursday
it would restart some production at its Ohio factory that was
stopped late last year and hire new employees due to robust
demand for its solar panels both in the United States and
Twitter surprises with revenue turnaround, shares surge
- Twitter Inc (TWTR) on Thursday delivered its first quarterly profit and an unexpected return to revenue growth helped by expansion outside the United States, pushing shares in the social network to more than two-year highs. Overall revenue rose 2 percent in the fourth quarter from a year earlier, handily beating analyst estimates that called for a fourth straight quarter of declines.
UPDATE 5-Twitter surprises with revenue turnaround, shares surge
Feb 8 (Reuters) - Twitter Inc on Thursday delivered
its first quarterly profit and an unexpected return to revenue
growth helped by expansion outside the United States, pushing
shares in the social network to more than two-year highs.
Twitter delivers first profit, shares surge 22 percent
(Reuters) - Twitter Inc shares surged 22 percent at the market open on Thursday after it reported its first quarterly profit and better-than-expected revenue, helped by ads that better targeted users and sales growth outside the United States.
Capital Dynamics to acquire SunPower, First Solar JV for $977 million
- Asset manager Capital Dynamics said on Monday it would acquire a joint venture company of solar power developers First Solar Inc (FSLR) and SunPower Corp (SPWR) for about $976.6 million. The joint venture, 8point3 Energy Partners LP (CAFD) , owns and operates solar energy generation projects in the United States.
BRIEF-UGI Reports Q1 GAAP Earnings Per Share $2.07
UGI Corp(UGI): * UGI REPORTS RECORD FIRST QUARTER RESULTS. * Q1 ADJUSTED EARNINGS PER SHARE $1.01. * Q1 GAAP EARNINGS PER SHARE $2.07. * BOTH UNITED STATES AND FRANCE ENACTED TAX LEGISLATION THAT GENERATED ONE-TIME BENEFITS TO EPS OF $1.04 IN CURRENT QUARTER.
SSAB Q4 profit lags forecast, proposes first dividend since 2012
Swedish steelmaker SSAB missed fourth-quarter operating profit forecasts on Friday, weighed down by weak results in North America, and proposed its first dividend since 2012. SSAB, one of the largest steel plate producers in the United States, said its Americas division was the biggest reason for the shortfall in earnings, although it said there were signs business there was improving.
Boeing completing 787-10 flight tests with GE engines
* First delivery with Rolls-Royce (RYCEF) engines in 1H. * United Airlines to get GE engines in 2H. * Boeing (BA) could boost range over time - exec. By Jamie Freed. Boeing Co (BA) has still to complete flight tests on the newly certified 787-10 Dreamliner with General Electric Co (GE) engines, but has finished tests with Rolls-Royce Holdings PLC (RYCEF) engines, a Boeing (BA) executive said on Tuesday.
PRESS DIGEST-New York Times business news - Jan 23
The following are the top stories on the New York Times business pages. - U.S. President Donald Trump slapped steep tariffs on imports of washing machines and solar energy cells and panels on Monday, the first major step by the administration to erect the kind of trade barriers Trump has frequently said are necessary to protect manufacturers in the United States. http://nyti.ms/2BjN6nn.
Dow breaks 25,000 as U.S., global growth hopes remain strong
NEW YORK (Reuters) - The Dow Jones industrial average rose above the 25,000 level for the first time on Thursday and other major indexes scaled new records, propelled by strong economic data both in the United States and abroad.
Wall Street ends higher on strong economic data
(Reuters) - The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust economic growth in the United States and overseas.
US STOCKS SNAPSHOT-Wall St ends higher on strong economic data
Jan 3 (Reuters) - The S&P 500 index rose above 2,700 for the
first time on Wednesday and other major indexes hit record highs
as technology stocks climbed amid indications of robust economic
growth in the United States and overseas.
Post Office expects to deliver 3 billion pieces of mail this week
The U.S. Postal Service said it expects to process and deliver nearly 3 billion pieces of first-class mail this week, which should make it the busiest week of the holiday season. The Post Office also expects to deliver nearly 200 million packages this week. For the entire holiday season, between Thanksgiving and New Year's Day, USPS expects to deliver more than 850 million packages, which is up 10% from the same period a year ago. To help facilitate the surge in volume, the USPS said it will expand Sunday deliveries in some high-package volume locations during the holidays. The USPS expects to deliver more than 6 million packages each Sunday in December, and will deliver Priority Mail Express packages on Christmas Day in some locations. The USPS's announcement comes at a time when shares of fellow package delivery companies United Parcel Service Inc. have gained 0.4% over the past 3 months and FedEx Corp. have rallied 11.6%, while the S&P 500 has gained 6.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Lyft starts Canada service in first international foray
U.S. ride-hailing company Lyft Inc on Tuesday launched its service in Toronto, marking the first time it has taken its battle against the much larger Uber Technologies Inc outside of the United States. Lyft presents itself as a friendlier version of Uber, which is facing investigations by governments around the world, including in Canada, over its cover up of a massive 2016 data breach.
UPDATE 1-Lyft starts Canada service in first international foray
TORONTO, Dec 12 (Reuters) - U.S. ride-hailing company Lyft
Inc on Tuesday launched its service in Toronto, marking the
first time it has taken its battle against the much larger Uber
Technologies Inc outside of the United States.
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