Verizon tops estimates for Q2 revenue

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Source: Dukascopy Bank SA
On Friday, Verizon Communications beat forecasts for its Q2 revenue and profit results, boosted by strong demand for the company's internet and phone services during the coronavirus lockdowns.
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Fri, 24 Jul 2020 18:00:43 GMT

Schlumberger sees deeper cost cuts

Schlumberger, the oilfield services giant, revealed on Friday it was planning deeper cost cuts, following a report about $3.7B charge as well as a second consecutive quarterly loss due to major layoffs and pipeline outage.

Fri, 24 Jul 2020 16:24:00 GMT

Pharma stocks plunge on drug price orders

The Invesco Dynamic Pharmaceuticals ETF dipped 1.7% on Friday after the US President Donald Trump signed orders intended to reduce drug prices.

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