Tesco has delivered a record Christmas across all formats and channels and expects to deliver full-year retail operating profit in line with 2019/20, excluding the repayment of business rates relief - despite forecasts for annual Covid-19-related costs to hit GBP810m (US$1.1bn). related to Finance, Retail, Tesco,
Stephen Guilfoyle in his Market Recon column checks out Thursday's deceptive market action, Joe Biden's grand fiscal stimulus plan, Jerome Powell's aversion to talking about exit plans, banks kicking off earnings season, and the unusual chart pattern of Chegg Inc. (CHGG) and what it may mean..XLE
World s Third-Largest Smartphone Maker Added to U.S. Military Blacklist Xiaomi shares plunged in Hong Kong trade Friday after the Department of Defense said the mobile-phone maker is part of China s military-civil fusion .
Jan 15, 2021 | 08:30 AM EST
The shares of Xiaomi, the world s third-largest maker of smartphones, were slammed in Hong Kong trade on Friday after the U.S. Department of Defense labelled it as having ties to China s military. Xiaomi stock lurched lower as soon as trading started, and ended the day down 10.3%.
Xiaomi, which specializes in mass and mid-range phones, now sells more smartphones than Apple (AAPL) . It has been one of 2020 s success stories. Xiaomi s shares tripled in value over the course of the year, as it won business from its main mainland competitor Huawei Technologies, the primary initial target for U.S. sanctions.
Legend Power Systems Inc.: Legend Power Announces Commencement of Trading on the OTCQB Under Symbol LPSIF
Company or
Legend Power ) a global leader in commercial electrical system solutions is pleased to announce that its common shares will commence trading on the OTCQB Venture Market (the
OTCQB ) today under the symbol
LPSIF .
The OTCQB is a leading market for early-stage, entrepreneurial and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Investors can find information and trading status on Legend Power at https://www.otcmarkets.com.