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Foxconn's global dealmaking suffers Sharp shock

Sharp has delivered a wake-up call to Foxconn. The $46 billion iPhone supplier, formally known as Hon Hai Precision Industry , rescued the Japanese electronics group in 2016 with a promise to turn it around. Sharp's surprise $1.6 billion writedown in the three months to March casts doubt on the Taiwanese group's grip on its investment - and its ability to strike similar deals.
United States Thomas Shum Terry Gou Samsung Electronics Hon Hai Precision Industry Thomson Reuters Trust Principles

Baker Hughes (NASDAQ:BKR) Given Average Rating of "Moderate Buy" by Brokerages

Baker Hughes (NASDAQ:BKR – Get Rating) has earned a consensus recommendation of “Moderate Buy” from the twenty analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average 12 month target price among analysts that […]
United Kingdom General United Kingdom Piper Sandler Baker Hughes Kurt Camilleri Energy Technology

Baker Hughes (BKR) to Issue Quarterly Dividend of $0.19 on June 9th

Baker Hughes (NASDAQ:BKR – Get Rating) announced a quarterly dividend on Tuesday, May 16th, RTT News reports. Investors of record on Tuesday, May 30th will be given a dividend of 0.19 per share on Friday, June 9th. This represents a $0.76 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend […]
Piper Sandler Baker Hughes Kurt Camilleri First Trust Advisors Securities Exchange Commission Morgan Stanley

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