Gadgets & Tech Headlines
Apple shares drop on iPhone suppliers' warnings
(Reuters) - Apple Inc
shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in iPhone sales.
UPDATE 5-Apple shares drop on iPhone suppliers' warnings
Nov 12 (Reuters) - Apple Inc shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in iPhone sales.
Stan Lee passes away at 95 - TMZ
Nov 12 (Reuters) - Marvel comics mogul Stan Lee has died at the age of 95, TMZ reported http://bit.ly/2K4bgZ3, citing his daughter.
BRIEF-Stan Lee, The Man Who Co-Created Marvel Comics, Has Died - TMZ
Nov 12 (Reuters) -
Citron's Left covered Facebook short, still bearish on Netflix
NEW YORK (Reuters) - Andrew Left has covered his short position on Facebook Inc, due to its booming Instagram business, but is still betting on a decline in Netflix Inc shares, the activist short-seller told Reuters on Monday.
U.S. not concerned by Europe's idea for Iran trade as companies moving out
LONDON (Reuters) - The United States is not too concerned by Europe's idea for a special purpose vehicle (SPV) to get around U.S. sanctions with Iran as companies are already withdrawing from the country in droves, the senior official for financial intelligence said.
Citron's Left makes U-turn and now sees value in China
NEW YORK (Reuters) - Andrew Left, whose Citron Research has published critical reports on Chinese companies and profited when their shares dropped, is now making a contrarian call by going long on some.
French car-pool app Blablacar branching into bus lines
PARIS (Reuters) - French car ride-sharing app Blablacar said on Monday it had offered to buy Ouibus, a bus operator owned by state rail firm SNCF, in the first major departure from its digital business model toward building a broader transport company.
VW could build up to 50 million electric cars: Automotive News
FRANKFURT (Reuters) - Volkswagen
could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United States, Chief Executive Herbert Diess told Automotive News.
UPDATE 2-Tech, tobacco push European stocks into red, ending fragile rebound
LONDON, Nov 12 (Reuters) - European shares were lower on Monday led by a sell-off in technology stocks after earnings and M&A news from German heavyweights Infineon and SAP, and tobacco was hit by new signs of U.S. regulators tightening the screws on menthol cigarettes.
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