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United Airlines Holdings Earnings, Revenue Miss in Q1 By Investing.com

By Yasin Ebrahim United Airlines Holdings (NASDAQ:UAL) reported Monday first-quarter results that missed on missed expectations as the pandemic-fueled dent to travel continued to weigh. United Airlines Holdings Inc (NASDAQ:UAL) was down 1.4% after the report. United Airlines Holdings announced earnings per share of $-7.5 on revenue of $3.22B. Analysts polled by Investing.com anticipated EPS of $-6.98 on revenue of $3.31B. Reported first-quarter capacity down 54% versus first-quarter 2019 as the plunge in travel demand amid the ongoing pandemic-led slump in air travel. Revenue per available seat mile was down 18.9% to 10.61...

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IBM Beats Earnings in Q1 After Returning to Growth; Shares Jump By Investing.com

By Yasin Ebrahim Investing.com – IBM reported on Monday first quarter earnings that beat analysts’ forecasts as the company returned to revenue growth underpinned by strong performance in cloud.   International Business Machines (NYSE:IBM) shares gained 4% in after-hours trade following the report. IBM announced earnings per share of $1.77 on revenue of $17.7 billion. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $17.33 billion. Cloud revenue rose 21% to $6.5 billion.  Cloud & cognitive software revenues rose 4%, with cloud & data platforms up 13%, led by by the company’s hybrid...

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United Airlines Holdings Earnings, Revenue miss in Q1 By Investing.com

United Airlines Holdings reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. United Airlines Holdings announced earnings per share of $-7.5 on revenue of $3.22B. Analysts polled by Investing.com anticipated EPS of $-6.98 on revenue of $3.31B. United Airlines Holdings shares are up 27.14% from the beginning of the year and are trading at $54.50 , down-from-52-week-high.They are outperforming the Nasdaq which is up 7.96% from the start of the year. United Airlines Holdings shares lost 0.89% in after-hours trade the report. United Airlines Holdings follows...

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Moscow responsible for Navalny’s deteriorating health, says UK’s Raab By Reuters

LONDON (Reuters) - British foreign minister Dominic Raab accused Moscow on Monday of being responsible for the deteriorating health of Alexei Navalny, repeating his call for the Russian opposition leader to be given access to independent medical care. "The Russian authorities are responsible for @Navalny’s deteriorating health," Raab said on Twitter. "They must grant him immediate access to independent medical care & release him from his politically motivated imprisonment." ...

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Dow Falls as Investors Hit Pause Ahead of Busy Earnings Week By Investing.com

By Yasin Ebrahim Investing.com – The Dow fell Monday, led by consumer discretionary and technology as investors reined in their bullish bets on stocks ahead of a busy week, with big tech set to report earnings this week. The Dow Jones Industrial Average fell 0.47%, or 159 points, but remained close to its record of 34,256.75. The S&P 500 fell 0.64%, and the Nasdaq Composite was down 1.1%. Tech stocks stalled after their recent rally, as investors to pause on big tech ahead of earnings from FAANG due later this week. Facebook (NASDAQ:FB), and Amazon.com (NASDAQ:AMZN)...

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British tech company Gett partners with U.S. taxi app provider Curb By Reuters

By Tina Bellon (Reuters) - British transportation technology company Gett has partnered with U.S. taxi app provider Curb in expectation of a pick-up in post-coronavirus business travel. The partnership announced on Monday is Gett's first significant U.S. deal since the end of 2018, when it abandoned attempts to compete with Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) as a consumer ride-hail service. Gett, which is backed by German carmaker Volkswagen (DE:VOWG_p), now focuses on providing software services to about 14,000 large companies, mainly in the UK, Israel and Russia, helping to organise employee business travel...

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Facebook to launch new audio products By Reuters

(Reuters) -Facebook Inc CEO Mark Zuckerberg said on Monday the company planned to launch several audio products and features for finding and playing podcasts.Zuckerberg said the world's largest social media network planned in the coming months to launch audio features including short-form audio clips called "Soundbites" and a way for users to discover and play podcasts. The CEO, speaking in an interview on Discord with Casey Newton, editor of newsletter Platformer, also said Facebook (NASDAQ:FB) was exploring live audio rooms. The rapid growth of the year-old app Clubhouse has demonstrated the potential of audio...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.27% By Investing.com

Investing.com – U.K. equities were lower at the close on Monday, as losses in the Automobiles & Parts, Healthcare Equipment & Services and Industrial Transportation sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.27%. The biggest gainers of the session on the Investing.com United Kingdom 100 were J Sainsbury PLC (LON:SBRY), which rose 2.41% or 6.00 points to trade at 254.70 at the close. Ocado Group PLC (LON:OCDO) added 2.06% or 45.00 points to end at 2226.00 and B&M European Value Retail SA ...

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UK minister says will act to stop Super League breakaway By Reuters

LONDON (Reuters) - Britain will do everything possible to block the formation of a Super League proposed by 12 European soccer clubs including six from England, sports minister Oliver Dowden said on Monday, adding that it would act even if football authorities could not. Dowden said he had met with the Premier League, the Football Association (FA) and the president of UEFA, and have given them the government's full backing in trying to block the proposal. "Be in no doubt, if they can't act, we will. We will put everything on the table to prevent this...

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Britain’s Kantar clinches deal to buy Vista-backed Numerator By Reuters

By Pamela Barbaglia, Kate Holton and Paul Sandle LONDON (Reuters) - British market research firm Kantar said it has clinched a deal to buy U.S. rival Numerator from Vista Equity Partners as it seeks to boost its presence overseas and better compete with the likes of Nielsen in gathering data on consumer behaviour. The deal, which was first reported by Reuters earlier on Monday and is expected to complete by September, will see Kantar taking full control of Numerator for about $1.5 billion, two sources familiar with the transaction said. Chicago-based Numerator specialises in providing...

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