SSE cuts earnings outlook as customer numbers drop
SSE has cut its earnings outlook for 2018/19 and reported a significant drop in customer numbers.
The “big six” energy giant, headquartered in Perth, Scotland, said...
Machine learning can improve the process for identifying consumer needs
Researchers have found that machine learning can really improve the process of identifying consumer needs. Consumer brands globally have long used old-fashioned focus groups....
Postmates files for initial public offering
Postmates Inc. has filed for an initial public offering (IPO) in a move that will see another on-demand unicorn company become publicly-traded.
The San-Francisco-based food...
Bank of England expects UK economy to grow by just 1.2% in 2019
The Bank of England expects the UK economy to grow at its weakest pace in a decade this year and warned that there was...
Twitter shares plunge 10% after disappointing revenue forecast
Twitter shares plunged by around 10% after the company projected lower than expected revenue for the first quarter of 2019 and reported a decline...
Forecasts by analysts with favorable surnames elicit stronger market reaction
An analyst’s surname appears to play a role in how the market reacts to their forecast revisions, according to a research paper set to...
Walt Disney earnings and revenue beat expectations
Walt Disney reported impressive earnings per share and revenue on Tuesday, beating what analysts had forecast.
The company reported earnings of $1.84 per share, beating...
Exxon Mobil and Qatar plan $10 billion liquefied natural gas facility in Texas
Exxon Mobil and Qatar Petroleum are investing $10 billion in a liquefied natural gas (LNG) facility on Texas’s Gulf of Mexico coast. The investment will...
Ikea to test renting out furniture
Ikea will trial leasing furniture to customers as part of an effort to prolong the life of its products.
The first trial of renting out...
Collective nostalgia boosts consumer preference for domestic products
Collective nostalgia boosts consumer preference for domestic products, according to a new study published in the Journal of Experimental Psychology: Applied.
The finding has the...