Wednesday 6 March 2019

Reuters Before the Bell: Dollar Tree's holiday quarter same-store sales beat estimates

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Wednesday, March 6, 2019
Dollar Tree's holiday quarter same-store sales beat estimates
Dollar Tree Inc reported better-than-expected quarterly same-store sales on Wednesday, as the discount store operator drew more customers to its namesake stores during the holiday season, sending its shares up about 4 percent.
Dialog Semi sees core business growing post-Apple deal, shares rally
Dialog Semiconductor forecast revenues will drop this year as it completes a $600 million transfer of programmers and patents to iPhone maker Apple, but still won market plaudits as it said its remaining business would grow strongly.
Dialog Semi eyes opportunities in connected health, gaming: CEO
Dialog Semiconductor is targeting growth opportunities ranging from home health to gaming consoles following a $600 million deal to reduce its exposure to Apple, CEO Jalal Bagherli told Reuters in an interview.
Bristol-Myers says Celgene take over 'best path' for investors
U.S. drugmaker Bristol-Myers Squibb urged shareholders on Wednesday to support its planned takeover of Celgene Corp, as it faces opposition to the $74 billion deal from at least two prominent investors.
Stocks future subdued due to lack of fresh catalysts
U.S. stock futures were subdued on Wednesday in the absence of fresh developments on trade, with investors taking a step back after a strong run in equities since the start of the year.
Exxon Mobil expects profit to grow over $4 billion from 2019 to 2020
Exxon Mobil Corp expects its earnings to grow by more than $4 billion between 2019 and 2020, the U.S. oil major said in a presentation https://exxonmobil.co/2EQeWMK on Wednesday.
Hyundai may suspend production at one of its Chinese plants as slowdown bites
Hyundai Motor Co is considering plans to suspend production at its oldest plant in China, the South Korean carmaker said on Wednesday, as it reels from tumbling sales and massive overcapacity in its biggest market.
'We need it now': U.S. farm country pins hopes on China trade deal
Corn and soybean farmer Lorenda Overman from North Carolina has been selling her crops at a loss and delaying paychecks to her workers since the U.S. trade war with China tanked agriculture prices, and her farm's debt recently topped $2 million.
Czech cyber watchdog says its Huawei warning took U.S. by surprise
The Czech cyber-security watchdog was not pressured by the United States or anyone else into issuing its warning about the possible security risks posed by Chinese telecoms equipment maker Huawei, Prague's cyber attache to Washington told Reuters.
Chinese stock surge fails to ignite broader markets rally
Chinese shares surged to a nine-month high on Wednesday bolstered by hopes of more stimulus measures from Beijing, but the rally failed to fuel broader gains in global markets as investors waited for fresh central bank cues.
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