Ford, the second-largest U.S. automaker, posted better-than-expected third-quarter results and raised its profit targets despite the global chip crisis. Ford Motor Company, headquartered in Dearborn, USA, is the world’s sixth largest automaker after Toyota, Volkswagen, General Motors, Hyundai and Stellantis. Ford’s 2020 revenue was $127.1 billion and it reported a profit of $4.8 billion. Full-year…
Following news from Pfizer on Friday, several pharmaceutical companies were among the significant losers on Friday. BioNTech was one of them. Biontech SE is a German biotechnology company based in Mainz that has been listed on the stock exchange since the end of 2019. It is focused on the development and manufacture of active immunotherapies…
The stock of Paypal, the popular payment service provider for online shopping, has been in a strong downtrend since the summer. Since the high in July, the company’s stock has lost over 25%, falling from over $260 to $195. Among the culprits were the reports of a Pinterest acquisition that emerged and then were denied…
Deutsche Post was again able to increase its forecasts for 2021 and 2023. Deutsche Post AG, headquartered in Bonn, is a listed logistics and postal company that emerged from the former Deutsche Bundespost authority in 1995. The Group has been operating under the name “Deutsche Post DHL Group” since 2015, previously as “Deutsche Post DHL”…
TaskUs is an international company that provides outsourcing solutions to more than 100 clients in e-commerce, social media, gaming, ridesharing, FinTech, HealthTech and other industries. High customer and employee satisfaction, automation of consumer support services and relocation of offices to lower income countries, has helped TaskUs achieve a CAGR of 60% during 2017-2020. The company…
