Danakali aims to bring Colluli Sulphate of Potash project into development this year

Credit: Proactive Investors- Published on April 18, 2019
Danakali Ltd (ASX:DNK) has established a clear strategy to bring the Colluli Sulphate of Potash (SOP) Project in the northeast African country of Eritrea into development later this year after delivering a transformative year in 2018. In January 2019 an independent report, initiated and funded by the United Nations Development...
Advertisement

Credit: The Street
Published on April 17, 2019 -  05:13
Jim Cramer's Thoughts on Abbott and Netflix Earnings, Qualcomm and Apple
Here's what Jim Cramer is watching in the markers Wednesday morning. Abbott's Earnings Abbott Labs reported first-quarter earnings that topped its own forecast. Abbott reported adjusted earnings of 63 cents per share on revenue of $7.5 billion, a 2% year-over-year increase. Analysts polled by FactSet were expecting the company to report earnings of 61 cents per share on revenue of $7.48 billion. "We're right on track with our expectations to start the year," said Abbott's Chairman and CEO Miles D. White. "All of our key long-term growth drivers are performing well and we're targeting another year of strong sales and earnings growth." The company reported a 5.5% increase in worldwide medical device sales, led by double-digit growth in its electrophysiology, heart failure, structural heart and diabetes care devices. Qualcomm's Ending its Dispute With Apple Qualcomm ended its long-running dispute with Apple over royalty payments for Qualcomm's smartphone equipment. Qualcomm shares jumped 23.2% on Tuesday after the settlement was announced. The settlement ends all litigation between the two companies and includes an unspecified payment from Apple to Qualcomm, according to a press release issued by Apple following the settlement. As part of the settlement, Apple and Qualcomm also reached a six-year license agreement, effective as of April 1, including a two-year option to extend, and a "multiyear chipset supply agreement." Qualcomm said that the deal with Apple will add about $2 in "incremental EPS" as its chip shipments ramp up. Netflix's Earnings Forecast Falls Short Netflix said it added 9.6 million paid streaming subscribers in the first quarter, beating guidance of 8.9 million, but its outlook for the second quarter disappointed. Netflix said it expects to add 5 million paid subscribers in the second quarter, an 8% decline from a year earlier, with 300,000 new subscribers in the U.S. and 4.7 million new subscribers internationally. Analysts were calling for 5.5 million paid new subscribers. In addition, Netflix said its expects revenue in the quarter of $4.93 billion, slightly below consensus, while earnings were forecast at 55 cents a share, well below expectations of 99 cents. Related. Why Apple May Have Decided to Settle With Qualcomm Now

You are here

Recent related videos from verified sources

A peak behind the curtain (or under the city) at the largest infrastructure project you'll never see 02:06
Credit: WEWS NewsChannel5 - Published 3 days ago 


Ford GoRide Health Expands 02:57
Credit: AutoMotions - Published 4 days ago 


Nvidia, Walmart Earnings Prep -- ICYMI 03:20
Credit: The Street - Published 5 days ago 


China to fund US$1.4 billion into Sri Lanka's Port City Colombo project 01:44
Credit: TomoNews US - Published 5 days ago 


10 Facts About Mother's Day 01:27
Credit: Wibbitz Studio - Published 1 week ago 


India elections: Does identity politics hinder development? 01:38
Credit: BBC World News - Affiliate - Published 2 weeks ago 


Allegheny Co. Middle School Teacher, Butler Co. Elementary School Teacher Up For Pa. Teacher Of The Year 00:23
Credit: KDKA CBS 2 Pittsburgh - Published 2 weeks ago 


Colorado Department of Education looking for the next Teacher of the Year 02:40
Credit: Rumble - Published 2 weeks ago 


'The Avengers Project' Could Be "Game Of The Year" 00:32
Credit: Wochit Entertainment - Published 2 weeks ago 


Justin Bieber Teams up With YouTube for Secret Project 01:07
Credit: Wibbitz Studio - Published 2 weeks ago 


'Student Of The Year 2' Trailer 02:50
Credit: MyMovies STUDIO - Published 2 weeks ago 


Controversial Social Media Campaign Asks 'What if a Girl in the Holocaust Had Instagram?' 01:07
Credit: Rumble - Published 3 weeks ago 


8 Stocks Millennial's Will Power Long-Term, Morgan Stanley Says 03:17
Credit: The Street - Published 3 weeks ago 


Eye On Detroit - dPOP and City Year 01:29
Credit: CBS 62 Detroit - Published 3 weeks ago 


Investing Lesson: Be Careful With FAANG Earnings 02:31
Credit: The Street - Published on April 24, 2019 


You might like