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South Africa's rand broke past a key level on Tuesday, recovering for early concerns about North Korea's missile launch, while gold stocks rose in a generally lower session. The rand traded 0.38 percent stronger at 12.9850 per dollar, breaking past the critical 13.00 to touch its strongest level in about four weeks. "The problem with ... catastrophe trade(s) is that there is only a very small chance of a massive market event and a near certain chance that nothing will happen," said John Cairns, a currency strategist at Rand Merchant Bank.
Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as well as networks run by organised crime. Now, with unmined output dwindling and proving more diff cult to extract, one firm has had enough: diversified precious metals producer Sibanye Gold says that it will clear all illegal miners from its shafts by the end of January next year.
Incumbent chip makers are betting on the $70 billion (2030 sales) autonomous vehicle market for growth. After Qualcomm bought NXP and Intel took out Mobileye, should you buy stock in the next targets?
Rating Action: Moody's upgrades Harman's senior unsecured rating to Baa2; outlook stable. Global Credit Research- 10 Mar 2017. New York, March 10, 2017-- Moody's Investors Service, upgraded Harman International ...
Amazon has a potential megahit on its hands with the Echo smart-home device and its Alexa companion, an analyst said Friday.
Samsung Electronics launched two new tablets on Sunday, marking its first major announcement since being forced to withdraw the flagship Galaxy Note 7 smartphone after some of the devices caught fire. The Galaxy Tab S3 and the Galaxy Book were presented at the Mobile World Congress in Barcelona, in past years the scene of major Samsung launches. This year, Samsung has postponed the presentation of the Galaxy S8, its next key device.
2016 was unarguably one of the worst years for John Paulson‘s Paulson & Co. since its inception in 1994. According to a recent report by hedge-fund investor LCH Investments NV, the New York-based hedge fund that gained immense fame from its ‘Big Short’ on subprime securities in 2007-08 and became one of the largest and […]
The Zacks Analyst Blog Highlights: Central Garden & Pet, Harman International Industries, Francesca's Holdings and Masonite International
Billionaire Mario Gabelli is among the few value investors on the Street who don’t shy away from speaking their mind or revealing their trade ideas. This transparency reflects in the changes he makes to his portfolio, most of which are in stocks that he has discussed publicly. Mr. Gabelli’s investment management firm GAMCO Investors, which […]
Categories: Yahoo Finance Get free summary analysis Harman International Industries, Inc. reports financial results for the quarter ended December 31, 2016. We analyze the earnings along side the following peers of Harman International Industries, Inc. – Sony Corporation Sponsored ADR, Panasonic Corporation Sponsored ADR, VOXX International Corporation Class A and Apple Inc. (SNE-US, PCRFY-US, VOXX-US and AAPL-US) that ... Read more (Read more...)
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS None NEW LISTINGS -- UK tech company Micro Focus to acquire Hewlett-Packard ...
Harman International reported fiscal 2Q17 net sales of $1.95 billion—a rise of 9.9% compared to net sales of $1.77 billion in fiscal 2Q16.
Harman International Industries Inc. (HAR) reported second-quarter fiscal 2017 results wherein non-GAAP earnings per share of $2.22 and revenues of nearly $1.947 billion easily beat the respective Zacks Consensus Estimates.
The Stamford, Connecticut-based company said it had profit of $1.39 per share. Earnings, adjusted for non-recurring costs, came to $2.22 per share. The results beat Wall Street expectations. The average ...