JD.com Swings To Profit In Q4; Revenue Up 7.1%

JD.com Stock Slips As Walmart Confirms Entire Stake Sale

Shares of JD.com Inc. traded down around 8 percent on the Hong Kong exchange and were losing more than 8 percent in the early morning trading on the Nasdaq after retail giant Walmart Inc. announced the sale of its entire stake in the Chinese e-commerce firm. Walmart expects the sale to help focus on its strong China operations for Walmart China and Sam's Club, and deploy capital towards other prio

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JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the first quarter of RMB7.13 billion or $987 million, compared to RMB6.26 billion in the year-ago quarter. Net income per ADS was RMB4.53 or $0.63, up 15.3 percent from RMB3.93 last year.

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JD.com Q2 Net Profit Soars; Revenue Up 5.4%

e-commerce company JD.com, Inc. (JD) reported Tuesday that net income attributable to ordinary shareholders for the second quarter was RMB4.38 billion or $0.65 billion, compared to RMB0.79 billion in the year-ago quarter. Net income per ADS was RMB2.74 or $0.41, compared to RMB0.50 last year.

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U.S. Dollar Advances After Hot PCE Data

The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated in May.

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Swiss Market Ends On Buoyant Note

The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as trade tensions eased following the U.S. and China reaching an agreement.

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European Stocks Close Higher As Trade Tensions Ease

European stocks closed higher on Friday as trade tensions eased after United States struck a deal with China to expedite rate earth shipments. The deal marks a significant step towards resolving the ongoing trade war between the world's two largest economies.

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U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.

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U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates

While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.

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EURUSD	1.17033	GBPUSD	1.3699	AUDUSD	0.65196
USDJPY	144.679	USDCAD	1.37103	USDCHF	0.79971

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JD.com Swings To Profit In Q4; Revenue Up 7.1%