Diebold Nixdorf Enters Strategic Partnership

Diebold Nixdorf Enters Strategic Partnership

Diebold Nixdorf has entered into a strategic partnership with enterprise mobility and applications company Kony Inc. to offer white label mobile app solutions for financial institutions and retailers, according to a statement out Monday. “This partnership marks a transformative moment for the industries we serve. We are extending our leadership in systems of engagement all the way from the branch and store through to cloud connected mobile applications for the […]

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Exxon Mobil Makes Positive Discovery

Exxon Mobil Makes Positive Discovery

Exxon Mobil said it has made a positive discovery on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands near an earlier discovered gas field. “The Muruk-1 sidetrack well encountered high-quality sandstone reservoirs southwest of the Muruk-1 natural gas discovery announced in late 2016,” the company said on Monday in a statement. “The sidetrack well was safely drilled to 13,550 feet (4,130 meters).” “This important discovery confirms the […]

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Asian Markets Mostly Higher Overnight

Asian Markets Mostly Higher Overnight

Asian markets were mostly higher overnight with the exception of mainland China while European equities and US futures both were slightly lower. The Macron victory in France’s presidential election isn’t sparking a big risk-on move, JPMorgan said, largely because the outcome was “very expected” and markets had already moved higher after the first-round results a few weeks ago. The SX5E rallies 6.4% from the April 21 close and the French […]

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China Manufacturing Growth Eases in April

China Manufacturing Growth Eases in April

Growth in China’s manufacturing sector slowed in April as expansion in production and new orders eased despite supplier delivery times accelerating in the world’s second largest economy. The China Manufacturing Purchasing Managers’ Index (PMI), which is seen as a composite indicator of the country’s manufacturing sector and is based on five group indices, posted a reading of 51.2 in April, according to China’s National Bureau of Statistics, down from 51.8 […]

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McDermott International Tops Q1 Street Views On EPS

McDermott International Tops Q1 Street Views On EPS

McDermott International,a supplier of upstream oil-industry services and equipment, Tuesday reported Q1 earnings above Street view, missed on revenues, and raised 2017 guidance. McDermott shares were up over 8% in recent pre-market. The company reported adjusted Q1 EPS of $0.08, above the consensus for breakeven per-share as compiled by Capital IQ. A year earlier, McDermott reported EPS of $0.13. McDermott reported Q1 revenues of $519.4 million, well below the $689.3 […]

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