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Press Releases

US elections, Brexit hits customer demand for ABB; shares slip 6%

ABB's third-quarter orders slipped 14 percent on weak customer demand with CEO Ulrich Spiesshofer telling CNBC on Thursday that the Brexit vote and the upcoming U.S. elections were to blame.


Energy stocks decline amid lower oil prices in mixed Asian trade

Markets in Asia Pacific traded mixed on Thursday, with energy plays in the region under pressure following declines in oil prices.


Samsung co-chief Shin issues apology as Q3 profit slumps 30% after Note 7 debacle

Samsung Electronics reported operating profit of $4.5 billion after its components business helped offset the hit to the mobile unit.


Should investors get excited about Deutsche Bank’s Q3 profit?

Patronus Partners Ltd CEO, Paul Kavanagh reacts to Deutsche Bank’s latest earnings and how the bank’s settlement negotiations with the DOJ could pan out.


Cramer: This sector will bounce back after the election

Jim Cramer expects one group to return after the election, and provides his take on various caller stocks in the lightning round.


Battle for Kidman cattle empire sparks calls for change in Australia's foreign investment laws

A new bidding war over Australia's biggest farm has reignited fears of anti-China sentiment and put pressure on Canberra to clarify investment rules.


85% chance of Clinton winning the US election, say UK betting firms

Hillary Clinton has an 85 percent chance of winning the U.S. presidential election, at least according to two prominent U.K. betting companies.


Early movers: KO, CMCSA, BA, NOC, LUV, GRMN, AAPL, CMG, PNRA & more

These are the stocks posting the largest moves before the bell.


Legendary investor Mark Mobius says buy China — it's not passe

It's not time to abandon the Red Giant, according to this legendary investor. China's growth is still robust, and its middle class is rising.


Alibaba is surging into earnings — here’s how to play it: Trader

One trader is betting on an Alibaba rally after the Chinese online retailer reports earnings.