Finance Forex

Dropbox Falls After Margin Guidance Misses Expectations

Shares of Dropbox Inc. (DBX) tumbled 9.48% to $23.17 Friday after the file sharing and storage company issued disappointing operating margin guidance during its fourth-quarter earnings call. The San Francisco-based company reported a fourth-quarter loss of $9.5 million, or 2 cents a share, compared with a loss of $37 million, or 19 cents a share, a year ago. Adjusted earnings came to 10 cents […]

Finance Forex

Charles Schwab Stock Falls, Herbalife Rises, and 3 More Wednesday Morning Movers

Holding Pattern. Stocks weren’t doing much on Wednesday morning, with futures and futures off 0.1%, while the was roughly flat ahead of the open. Along with trade concerns and earnings news, investors will be focused on the Federal Reserve, which will make public the minutes from its January policy-setting meeting this afternoon. Here are five […]

Finance Forex

Aussie Dollar Falls on RBA Minutes, US-China Trade Talks Eyed

TALKING POINTS – AUSSIE DOLLAR, RBA MINUTES, ZEW, TRADE WARS, CHINA Aussie Dollar, commodity bloc FX down on downbeat RBA meeting minutes Germany’s ZEW survey may compound worries about slowing global growth Trade wars in focus on US-China negotiations, fears of US auto tariff hike The sentiment-linked Australian, Canadian and New Zealand Dollars weakened in […]

Finance Forex

Eni profit falls, sales rise

Eni SpA (ENI.MI) said Friday that earnings fell sharply in the fourth quarter, while sales and adjusted earnings rose. The Italian oil major said quarterly net profit fell 76% to 499 million euros from EUR2.05 billion a year earlier. Eni attributed the disparity to gains of EUR2.7 billion booked in the year-earlier period on the […]