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Business news live from singapore. The owner of kfc, pizza hut and taco bell in china reports of strong profits thanks to hungry consumers. And handmade guitars from the philippines. Turning to the internet to save a vanishing craft. Good morning, asia and hello, world, glad you could join us for this edition of Asia Business report. It has been 30 years since the first Kfc Restau Ra nt 30 years since the first kfc restaurant opened in china. The company has come a long way and its owner reported its latest results and the profit is up by nearly 40 other than kfc it also owns pizza hut and taco bell. There are more than 7600 outlets throughout the mainland. Consumers have shown their appetite for western style Fried Chicken and pizza. Spinning off its China Business ha ....
See extremely cold weather hit the country this week. Road map begins with markets trading in record territory. Investors eyeing retailers, many set to report earnings this week. Speaking of retail, what is the biggest day in ecommerce around the world, singles day is tomorrow, alibaba could rake in 8 billion in one day. Well go live to china. Mcdonalds october sales down, key figures across the board but better than what the street was expecting. U. S. Stock markets aiming to extend their weekly winning streak to four. The dow and s p each hitting new record, closing high on friday, despite the jobs number coming in below expectations. This week, investors bracing for a number of earnings reports from likes of walmart, macys, jcpenney, retail sales, abactual number friday, with a lot of fed speak. Alibaba is the focus. Im glad davids over there this is a stock, youre also buying yahoo how brilliant Marissa Mayer held back, more th ....
Pekin Hardy Strauss Inc. lowered its holdings in shares of Transocean Ltd. (NYSE:RIG – Free Report) by 40.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 74,506 shares of the offshore drilling services provider’s stock after selling 51,500 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Transocean were worth $473,000 at […] ....
Transocean (NYSE:RIG – Get Free Report)‘s stock had its “buy” rating reiterated by Benchmark in a research report issued to clients and investors on Tuesday, Benzinga reports. They currently have a $8.00 target price on the offshore drilling services provider’s stock. Benchmark’s target price suggests a potential upside of 51.95% from the company’s previous close. […] ....
Transocean (NYSE:RIG – Get Free Report) released its quarterly earnings data on Monday. The offshore drilling services provider reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.10, RTT News reports. The business had revenue of $767.00 million for the quarter, compared to the consensus estimate of $781.86 […] ....