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News Highlights: Top Company News of the Day

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11/07/2019 | 05:16am EST
Baidu Reports Loss Tied to Investment in Travel Company 

Once known as the Google of China, Baidu has been trailing tech companies such as social-media and gaming behemoth Tencent and e-commerce giant Alibaba, which both made the leap to smartphones more nimbly.

Stocks to Watch: Qualcomm, Twitter, Alphabet 

Qualcomm, Twitter, Alphabet are some of the companies with shares expected to trade actively in Thursday's session.

Rolls-Royce Warns of Further Hit From Trent Issues 

Rolls-Royce said it expects to book a GBP1.4 billion charge from continued issues with its troubled Trent 1000 engines.

Siemens Enjoys Strong Quarter 

Siemens posted a strong performance in the fourth-quarter with net profit, revenue and orders all ahead of analysts' expectations, driven by the company's industrial businesses.

ArcelorMittal Trades Higher After Earnings Beat Expectations 

Shares in ArcelorMittal jumped after the steelmaker's third-quarter earnings beat analysts' expectations.

Lufthansa Profit Tops Forecast 

Lufthansa posted an above-forecast 4% rise in third-quarter net profit to EUR1.15 billion and confirmed its full-year guidance.

Deutsche Telekom Raises Targets 

Deutsche Telekom raised its outlook for the year but cut its dividend after reporting a 23% rise in third-quarter net profit.

Lenovo Vows to Keep Smartphone Business Profitable 

Lenovo Group will ensure its smartphone business won't suffer another loss, the company's CEO said.

U.S. Charges Former Twitter Employees With Spying for Saudi Arabia 

Federal prosecutors charged two former Twitter employees and a Saudi national with spying on users of the social-media platform who were critical of Riyadh and providing that information to the kingdom's officials.

Google Revisits Political Ad Policy 

Google is in discussions about changing its political ad policy, about a week after Facebook and Twitter publicly diverged on how to handle those ads.

Stocks mentioned in the article
ChangeLast1st jan.
ALIBABA GROUP HOLDING 3.23% 200 Delayed Quote.45.91%
ALPHABET 0.61% 1326.96 Delayed Quote.26.99%
ARCELORMITTAL 1.36% 15.77 Delayed Quote.-14.26%
BAIDU, INC. 2.22% 116.75 Delayed Quote.-26.39%
DEUTSCHE TELEKOM AG -0.03% 15.004 Delayed Quote.1.28%
FACEBOOK 0.33% 199.36 Delayed Quote.52.08%
LEGEND HOLDINGS CORPORATION 0.87% 16.22 End-of-day quote.-20.10%
LENOVO GROUP LIMITED -0.20% 4.99 End-of-day quote.-6.90%
LUFTHANSA GROUP AG 0.80% 16.91 Delayed Quote.-14.85%
NASPERS LIMITED -1.37% 2036.77 End-of-day quote.-27.26%
QUALCOMM 0.62% 82.585 Delayed Quote.45.12%
SIEMENS AG 0.31% 116.46 Delayed Quote.19.26%
TENCENT HOLDINGS LIMITED 0.43% 330 End-of-day quote.4.83%
TRENT LTD -2.32% 500.3 End-of-day quote.38.97%
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