Finance Update World News

German chemicals group BASF reported 60% Drop in operating profit in Q4

German’s BASF reported 60% Drop in operating profit in fourth-quarter Final quarter income before interest and tax dove 59 percent to 630 million euros ($715.37 million), over the normal analyst gauge of 598 million euros in a Reuters survey. Reuters – TFM Watch LUDWIGSHAFEN, Germany (Reuters) – German’s BASF announced an about 60 percent drop […]

Finance Update World News

The e-cigarette maker Juul Labs Inc projected $3.4 billion revenue for 2019

Juul Labs Inc projects $3.4 billion revenue for 2019, Despite Flavored Vape Restrictions The e-cigarette maker forecasts revenue that would nearly triple from last year. By Olivia Zaleski and Ellen Huet on Bloomberg – TFM Watch Bloomberg: Juul Labs Inc.’s move to stop selling most flavored e-cigarettes in U.S. stores dealt a blow to the company’s financial results last quarter, […]