Time Warner earnings rise as cable ads boost profit
Time Warner reported a 19 percent rise in fourth quarter earnings to 857 million, or 1.06 per share, on lower interest costs and stronger cable network ad sales. Asahi offers 2.9 billion for SABMiller beer brands. VW recalls about 850,000 U.S. vehicles linked to Takata air bag issue.
MENTIONED IN THIS ARTICLE
Time Warner
HBO
CNN
Warner Bros
S&p
ASAHI
Asahi Group
Sabmiller
Peroni
Grolsch
London
Italy
Netherlands
U.K
Anheuser-Busch InBev
Volkswagen
U.S
Volkswagen Group
Takata
Audi
Yellen warns of rising anxiety over U.S. economy
Federal Reserve Chair Janet Yellen told Congress that global troubles and the stock sell-off could rattle the U.S. economy and delay planned rate hikes. She cited overseas weakness and higher borrowing costs as risks, noting the need for more data before the March meeting.
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Federal Reserve
Janet Yellen
Congress
U.S
House Financial Services Committee
Yellen
Fed
China
John Delaney
Treasury
Jim O’sullivan
Central banks move to negative rates to spur growth
Global banks adopt negative rates to combat deflation and weak growth. BOJ joins Sweden, Switzerland, Denmark, and ECB in charging for deposits, while concerns rise about U.S. Fed prospects. Analysts note weaker inflation, strong dollar, and job gain as factors shaping policy moves.
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Globe
Federal Reserve
U.S
Bank of Japan
BOJ
Sweden
Switzerland
Denmark
European Central Bank
Oxford Economics
Kris Dawsey
Goldman Sachs
Minnesota Fed
Narayana Kocherlakota
Fed
Twitter Growth Stalls In Q4 As User Base Flatlines
Twitter posted 320 million users in the December quarter, flat from the prior period and up 9 percent year over year, with fast followers excluded leaving 305 million MAUs. Revenue reached 710 million dollars, while earnings per share missed estimates and guidance for next quarter was below Street expectations.
MENTIONED IN THIS ARTICLE
San Francisco
Twitter
Anthony Noto
Jack Dorsey
Dorsey
Facebook
Instagram
Square
eMarketer
Wall Street
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Moneyline
DOW Jones Industrial
USA Today
Marketwatch.com
USA
Usatoday
Bankrate.com
Jae Yang
Veronica Bravo
Kocherlakota
Nicholas Kamm
AFP
GETTY
IMAG
IREW
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