Copreus (Pvt) Ltd, Level 19, East Tower, World Trade Center, Colombo 01, Sri Lanka
+94 117 886 988
info@copreus.com

Blog

Invest in Your Future

Samsung made weapons?

Currently known as Hanwha Techwin, it was initially founded as Samsung Precision back in 1977. Samsung Precision started manufacturing weaponry after changing its name to Samsung Aerospace Industries in 1987. Samsung Aerospace employed over 8,500 people and started manufacturing helicopters, jet engines, and also, mobile artillery for the Korean army, and handed its aircraft business…
Read more

Adidas and Puma, the two giants born by bad blood between two brothers!

A rivalry began between two brothers, after launching a shoe company inside the laundry room of their house in the small German town of Herzogenaurach. Did you know that the company was grounded by those siblings and split into two thriving companies afterward? Yes, you heard it right. A rivalry which divided an entire town.…
Read more

What is up now, with Huawei

Huawei is facing a blacklist from the United States that prohibits American companies from doing business with it. According to TF International Securities Analyst Ming-Chi Kuo, Huawei is currently the world’s second-largest smartphone maker. At the same time, we are able to see its shipments dropped by as much as 10 million if consumers cannot…
Read more

Goldman Sachs to buy Capital Vision Services

The Goldman Sachs Group Inc. (NYSE: GS) which is a commercial banking subsidiary who is actually planning will purchase Capital Vision Services. It handles MyEyeDr. Capital Vision Services is a management services organization affiliated with nearly 500 MyEyeDr. Practices. The Wall Street Journal reported on Monday in the case of optometry facilities, worth $2.7 billion,…
Read more

Google effects other services

Alphabet (NASDAQ: GOOGL) Inc. says Googles solved the East American network congestion that affected Google Cloud, G Suite, and YouTube services on Sunday. In order to avoid and minimize potential recurrences, Google said it would perform an inquiry on the outage and create suitable changes to its schemes. Google said the real cause had been…
Read more

Collapsed Jet Airways’ ex-partners, rivals scramble to fill India capacity void

Former Jet Airways Ltd partners and contenders are introducing replacement paths and seeking for new codeshare partners to complete a profitable divide linked to the crash of the once biggest global airline in India. According to public stats, Jet, which stopped activities on April 17, after running out of money, had a global airline share…
Read more

Opening Bell: U.S. Futures, Oil Bounce On China Data Trifecta; Qualcomm Soars

U.S. futures get a boost from China’s triple data beats; STOXX 600 gaps down Yields on U.S. Treasurys, Chinese bonds surge as investors switch to risk assets Qualcomm stock spikes on surprise settlement with Apple Oil jumps above $64 on China optimism and inventory drop Market Moves Stocks The MSCI All-Country World Index advanced less than 0.05%.…
Read more

Comforting China data puts Wall Street records within reach

LONDON (Reuters) – Wall Street’s main markets were eyeing a return to all-time highs on Wednesday after a raft of Chinese data beat expectations, easing concerns about the health of its economy. Though Europe struggled to join in, MSCI’s 47-country world index was at a six-month high, benchmark bond yields shuffled up and the Aussie dollar, which…
Read more

Thought of the week

The 1Q19 earnings season is under way; with 25 companies having reported (4.6% of the market cap), our current estimate stands at $36.42. This represents a -0.3% growth rate from a year prior, a sharp decline from the robust pace of earnings growth observed in 2018. This deceleration stems from issues with both sales and…
Read more

Thought of the week

2019 earnings estimates have fallen by -3.0% since the beginning of the year, roughly twice as much as the -1.5% decline seen on average during similar time periods throughout this expansion. This has been particularly harmful to 1Q19 earnings estimates, which have come under pressure and are now suggesting that the first quarter will see…
Read more