Oil Teeters as Investors Ponder OPEC's Response to US and Iran

Oil Teeters as Investors Ponder OPEC's Response to US and Iran

A week after the U.S. flagged tighter sanctions on Iranian crude and spurred oil higher, prices are back down to where they were before the announcement. Investors are trying to assess how OPEC and its allies will respond when U.S. waivers that allowed …
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Another Setback for Samsung as Profit Misses Estimates

That compares with the 5.7 trillion won average of estimates compiled by Bloomberg. Read more: Chip Analysts Say 'Proceed With Caution' After
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Australia Banks Set for 'Messy' Earnings After Misconduct Probe

Cash profit has missed estimates in 7 of past 8 semi-annual periods: Bloomberg data; 6 buys, 7 holds, 2 sells; avg PT A$27.99: Bloomberg data
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Chewy.com hopes to overcome gnawing Wall Street memories

PetSmart’s online pet store Chewy is selling its stock in an initial public offering that may revive memories of the days when its breed of internet retailing seemed like a lost cause. The Dania Beach, Florida, company is setting out to raise $100 million, but that …
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Samsung misses its own forecast as Q1 profit plummets 60%

Samsung’s Q1 earnings are in and, as the company itself predicted, they don’t make for pretty reading. The Korean giant saw revenue for the three-month period fall by 13 percent year-on-year to 52.4 trillion KRW, around $45 billion. Added to that, the number …
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