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Rio Tinto board could face pressure on Indigenous broken promise claim By Reuters

MELBOURNE (Reuters) - Rio Tinto (LON:RIO) chairman Simon Thompson is set to face further pressure over the board's handling of the destruction of sacred rock shelters in Australia after an Indigenous group accused him of breaking a personal promise, analysts said. The traditional owners of the rock shelters said Thompson had told them Rio's acting head of iron ore, Ivan...

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Cognizant A Earnings, Revenue miss in Q4 By Investing.com

Cognizant (NASDAQ:CTSH) A reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Cognizant A announced earnings per share of $0.67 on revenue of $4.18B. Analysts polled by Investing.com anticipated EPS of $0.9005 on revenue of $4.24B. Cognizant A shares are down 3% from the beginning of the year and are trading...

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Qualcomm Earnings Beat, but Revenue Misses in Q1 on Lower China Demand By Investing.com

By Yasin Ebrahim Qualcomm (NASDAQ:QCOM) reported Wednesday mixed first-quarter results as earnings topped, but revenue missed analysts' forecasts as licensing revenue was hurt by lower demand in China for licensees’ products. Qualcomm shares lost 7% in after-hours trade following the report. Qualcomm announced earnings per share of $2.17 on revenue of $8.23 billion. Analysts polled by Investing.com anticipated EPS of $2.1 on revenue...

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Qualcomm Earnings beat, Revenue misses In Q1 By Investing.com

Qualcomm (NASDAQ:QCOM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Qualcomm announced earnings per share of $2.17 on revenue of $8.23B. Analysts polled by Investing.com anticipated EPS of $2.1 on revenue of $8.24B. Qualcomm shares are up 6% from the beginning of the year and are trading at $151.05 ,...

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Dow Ends Flat as Tech Gains Fade Into Close By Investing.com

By Yasin Ebrahim Investing.com – The Dow gave up some gains late Wednesday, as tech pulled back into the close, but hopes for further stimulus kept the downside momentum in check.     The Dow Jones Industrial Average rose 0.12%, or 36 points. The S&P 500 was up 0.11%, while the Nasdaq Composite fell 0.02%.  Technology lost steam into the close Wednesday even as big...

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KLA-Tencor Earnings, Revenue beat in Q2 By Investing.com

KLA-Tencor reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. KLA-Tencor announced earnings per share of $3.24 on revenue of $1.65B. Analysts polled by Investing.com anticipated EPS of $3.18 on revenue of $1.6B. KLA-Tencor shares are up 6% from the beginning of the year and are trading at $286.18 , down-from-52-week-high.They are broadly...

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Myanmar junta blocks Facebook to shut down dissent as West increases pressure By Reuters

(Reuters) - Myanmar's junta blocked Facebook (NASDAQ:FB) and other messaging services in the name of ensuring stability on Thursday as they consolidate power following a coup and the detention of elected leader Aung San Suu Kyi. The move to silence online activists came after Myanmar police filed charges against Nobel Peace laureate Suu...

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Align Earnings, Revenue beat in Q4 By Investing.com

Align (NASDAQ:ALGN) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Align announced earnings per share of $2.61 on revenue of $834.5M. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $784.49M. Align shares are up 6% from the beginning of the year and are trading at $575.00 , down-from-52-week-high.They are...

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eBay Earnings, Revenue beat in Q4 By Investing.com

eBay (NASDAQ:EBAY) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. eBay announced earnings per share of $0.86 on revenue of $2.87B. Analysts polled by Investing.com anticipated EPS of $0.8296 on revenue of $2.7B. eBay shares are up 15% from the beginning of the year and are trading at $63.24 , down-from-52-week-high.They are...

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Commerzbank CEO finalises plans to cut 10,000 jobs, close branches By Reuters

By Tom Sims and Patricia Uhlig FRANKFURT (Reuters) - Commerzbank (DE:CBKG) Chief Executive Manfred Knof on Wednesday finalised plans to cut 10,000 jobs and close hundreds of branches, a radical overhaul that came a month after he took the reins of Germany's No. 2 bank. The bank also announced that it would post a net loss of nearly 2.9 billion euros...

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