Shares rise ahead of Nvidia results, bond yields retreat streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The euro clung to a
more than two-month low while world stocks rebounded on
Wednesday, while tech darling Nvidia jumped 8% in
trading after the bell, hitting an all-time high after it
forecast.
Shares rise ahead of Nvidia results, bond yields retreat marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
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PARIS (Reuters) - European planemaker Airbus axed its dividend for a second year and forecast flat deliveries in 2021 as it braces for more coronavirus uncertainty in the wake of an annual loss.
The company’s decision to restore key business targets is the latest evidence of a tentative return towards normal after the pandemic, which has severely hurt air travel.
Rival Boeing has yet to set out detailed targets, having been mired in a separate crisis over the grounding of its 737 MAX, which helped Airbus to reclaim the title of largest global jetmaker.
However, several analysts warned that the deliberately cautious delivery forecast from Airbus jarred with the company’s more optimistic plans on production. These call for a partial recovery later this year, albeit more slowly than first planned.