Infosys keeps revenue forecast for fiscal year

Source: Dukascopy Bank SA
India's second-largest IT company Infosys retained the revenue outlook for its fiscal year ending in March, with the CEO optimistic about demand for the firm's services in the key markets of Europe and the US.
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Fri, 13 Jul 2018 17:01:32 GMT

US import prices plummet by most in more than two years

The US import prices marked the strongest decline in over two years in June, as petroleum products' prices dropped and the strong US Dollar weighed on other goods' costs, indicating benign import inflation pressures.

Fri, 13 Jul 2018 15:50:21 GMT

Wells Fargo profit below estimates on decline in loans, high expenses

Wells Fargo & Co showed in the report that its quarterly profit fell short of analysts' estimates, as expenses rose amid former missteps, while lending activity weakened, sending the company's shares down 4% in early trade.

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